Manager, Commodities
Come make your difference in communities across Canada, where authenticity, trust and making connections is valued – as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®.
At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong.
Manager, Commodities
Under the leadership of the Director, Commodities, the Manager, Commodities manages cost changes for the total enterprise by reviewing, analyzing, and evaluating changes to product costs and producing materials to support Loblaw key strategic sourcing initiatives to ensure that LCL has the best cost of goods.
Accountabilities:
Cost of goods Increase Management.
Review, analyze, quantify, and communicate findings on all supplier proposed cost changes.
Manage the process of each negotiation. This requires coordinating with other members of the commodities team, Sourcing and merchandising.
As needed, meet with suppliers to advocate LCL’s position with partner stakeholder groups to drive successful, compliant resolution.
Cost Improvement & Strategic Sourcing.
Identify opportunities for cost improvement throughout the business from available market data and Loblaw insights. Work with the Analyst, Commodities in creating materials supporting these initiatives and manage conversations with suppliers to deliver results.
Leverage business trends along with category and supplier performance data to identify specific opportunities requiring attention through cost of goods reductions.
Identify opportunities for additional rollout of proactive cost model programs or “open book” agreements with suppliers. Support the improvement of existing deals, and create the framework for enhancement of the program to more commodity driven cost models.
Process Improvement:
Develop a commodity database driving specific category product price indexes to be incorporated with LCL financials to inform decision making and target cost reduction initiatives.
Work with the Director, Commodities to expand on other incremental business opportunities for the commodities team including process automation, enhancement of commodity market analytics.
Work with Sourcing team to socialize LCL compliance policies, and ensure adherence to our required practices.
Requirements:
University degree in business, economics, mathematics, or a related field.
3-5 years relevant experience with foundational understanding of commodity markets, procurement, retail finance, or merchandising.
Strong problem solving and analytical skills, a curious & creative thinker with an ability to apply new knowledge.
Advanced Microsoft Excel skills including some experience with macros.
Ability to self-initiate and work independently and as part of a team to deliver results.
Strong written and oral communication, and time management skills.
Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars – Environment, Sourcing and Community – and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values – Care, Ownership, Respect and Excellence – guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.
If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.
We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.
Please Note:
Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.
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