Supplier Performance & Development Manager
Welcome to a better way, an authentic way. Welcome to Nature’s Way.
Inside our minds, inside our hearts, inside our business, inside our bottles.
Our reason for being, the purpose that inspires our work every day, is quite simple: Help people live healthy lives.
When we help people live healthy lives, we build a happier, healthier world for everyone.
How we go about our work drives TRUST in who we are, what we do, and the products we produce. That means something important to the world, and it means the world to us.
People TRUST
- Our products to be the gold standard
- Our words to be true
- Our claims to be honest,
- Our actions to have integrity.
Together we work with an awareness of how even small actions affect others, an attitude of kindness and concern for each other, and a drive for action that helps people live healthy lives.
It’s the best way. The right way. The only way. Nature’s Way.
Be a part of helping people live healthy lives!
Supplier Performance & Development Manager
POSITION SUMMARY:
The Supplier Performance & Development Manager is responsible for developing and overseeing the Supplier Performance Program within the framework of Supply Chain and Risk Management initiatives. This program encompasses supplier due diligence, risk assessments across diverse commodities and contract manufacturing, vendor performance management, and continuous improvement initiatives. The role requires effective interaction with various levels of leadership and engagement with a wide range of internal stakeholders and suppliers to ensure program success and alignment with organizational goals.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:
- Developing and supporting the Supplier Performance Management program, policies, and procedures while leveraging best practices through Supplier Scorecard.
- Utilize data analytics to identify trends in supplier performance and recommend actionable insights to enhance overall supply chain efficiency.
- Support rapid innovation initiatives aimed at driving revenue growth by assisting the Director of Supplier Performance and Development in qualifying and onboarding new suppliers, ensuring alignment with business objectives and market demands.
- Act as the primary point of contact for the SaaS Supplier Sustainability application, gathering and interpreting data to drive improvements and identify corrective actions, ensuring our sourcing practices align with consumer expectations for sustainability and responsible material sourcing.
- Oversee and monitor Supplier Risk Mitigation programs, ensuring action plans are executed effectively and concluded once results are achieved and sustainable. Recommend strategic action plans and provide support in leading and implementing these recommendations.
- Provide actionable recommendations to manage vendor risk and oversee performance improvement plans for underperforming suppliers, setting clear expectations and timelines. Measure the efficiency of monitoring processes, validate corrective action requests, and ensure insights lead to continuous improvement in risk management strategies.
- Drive continuous performance improvement initiatives by implementing best practices and benchmarking supplier performance across our supply base in conjunction with projects developed by the Director of Supplier Performance & Development and Continuous Improvement.
- Ensure coherence among various improvements initiated by the Quality and Purchasing functions, while identifying gaps and areas for enhancement. Provide actionable recommendations to drive continuous improvement.
- Create and maintain reporting tools and dashboards to communicate supplier performance to stakeholders and senior management.
- Establish and implement supplier tiering strategy including but not limited to ABC analysis, segmentation, categorization and risk-based analysis.
- Review available software solutions for supplier management, including applications for conducting supplier sustainability assessments. Provide recommendations and a comprehensive business case to leadership. Facilitate the onboarding process and define clear procedures to ensure a smooth handoff to the relevant team for ongoing management.
- Perform other duties as requested to support the organization’s objectives.
SUPERVISORY RESPONSIBILITIES:
This role has no direct reports. Must be able to effectively work with multi-functional teams in the organization who participate in project work by indirect reporting relationships. Responsibilities may include training, planning, assigning, and directing work; appraising project team performance; addressing complaints and resolving problems.
EDUCATION and/or EXPERIENCE:
- Bachelor’s degree from four-year college or university in Business, Supply Chain Management, or a related field
- 5+ years of supply chain/project management experience, preferably in a manufacturing environment, but not required.
OTHER SKILLS AND ABILITIES:
- Must be highly organized and able to function well with multiple tasks and deadlines.
- Good interpersonal skills and the ability to problem solve are necessary.
- Ability to make sound decisions with limited oversight a must.
- Working knowledge of Microsoft Project, Word, and Excel.
- Strong familiarity with project management software tools, methodologies, and best practices.
- Excellent analytical skills
- Ability to travel, as needed, to ensure critical aspects of a project are met.
All benefits are effective on day ONE of your employment!
Medical Option to select either a PPO plan or one of 2 high – deductible medical plans that includes a company contribution to your personal health savings bank account.
Dental Delta Dental PPO & an option to select an enhanced dental plan.
Vision Routine preventative coverage under medical plan and an option to elect additional voluntary coverage
Time Off All employees receive 11 holidays off per year, as well as paid time off that starts at a minimum of two weeks per year.
401K Plan Company match of up to 4% as long as employees contribute a minimum of 6% to the account. An additional profit-sharing contribution is also made to employee accounts if the company meets its annual targets.
You’ll also enjoy a variety of other benefits that support your long-term health and wellness:
- Company provided short-term & long-term disability
- Life and AD&D insurance
- Flexible spending accounts
- Voluntary critical illness & accident coverage
- New parent phase-in program & paternity leave
- Educational assistance reimbursement
- Product discounts & a wellness program
- Free Fitness Center
Start Helping People live Healthy lives today!
What We Do
Nature’s Way® is one of the most recognized and trusted manufacturers of dietary supplements and vitamins. A pioneer in herbal supplements, the Nature’s Way brand is known for its expansive offerings of whole herbs, standardized extracts, vitamins & minerals, and homeopathic remedies. Beyond herbal supplements, Nature’s Way manufactures trusted brands such as Alive! ® multi-vitamins, Fortify probiotics, Umcka® Cold Care, and Sambucus. Our brands are sold through retail partners in the grocery, drug, mass, health food store, eCommerce and other channels, and we are proud to be growing rapidly.
Employees at Nature’s Way have a passion for building trustworthy brands that help improve the health and wellness of others. This is our mission and it forms the basis of everything we do. Whether developing science-based formulas, utilizing top-quality ingredients, or diligently adhering to Good Manufacturing Practices (GMP), Nature’s Way is known for its unwavering commitment to quality and efficacy. That’s why consumers know that if it’s Nature’s Way, they can “Trust the Lea
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