Sr Manager, Strategic Sourcing at Panera Bread

, , United States -

Full Time

Start Date

Immediate

Expiry Date

25 Apr, 26

Salary

167488.0

Posted On

25 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Sourcing, Procurement, Supplier Management, Cost Efficiency, Market Analysis, Contract Negotiation, Cross-Functional Collaboration, Data Analysis, Sustainability, Project Management, Communication, Problem Solving, Food Safety, Vendor Compliance, Negotiation, Continuous Improvement

Industry

Restaurants

Description

Sr Manager, Strategic Sourcing Job Purpose Reporting to the Director of Strategic Sourcing, the Senior Manager, Strategic Sourcing plays a pivotal leadership role the procurement. This position is responsible for shaping and executing sourcing strategies that drive cost efficiency, quality, innovation, and sustainability across the supply chain. The role requires strong cross-functional collaboration and strategic supplier partnerships to support Panera’s long-term growth. Duties & Responsibilities Lead the development and execution of strategic sourcing plans across multiple high-impact categories aligned with business goals. Conduct advanced market and supplier analysis to inform sourcing decisions and contract negotiations. Own the end-to-end sourcing process, including RFP/RFQ management, supplier selection, and value optimization. Partner closely with culinary, operations, and sustainability teams to align sourcing strategies with business priorities. Build and manage strategic supplier relationships to ensure performance, innovation, and risk mitigation. Drive continuous improvement through supplier scorecards, performance reviews, and corrective action plans. Analyze spend and procurement data to identify cost-saving opportunities, supply risks, and process efficiencies. Stay ahead of industry trends, regulatory changes, and emerging technologies to inform sourcing strategies. Champion sustainability and responsible sourcing initiatives across the supply base and annual reporting. Develop and lead supplier business continuity planning, BCP. across categories Manages commodity risk management across high impact direct-spend portfolio Coordinate the execution of new product (permanent or LTO) introductions in the Panera system, considering production lead times, MOQs, and contingency Strong oral, written and interpersonal communication skills. Demonstrated ability to analyze and resolve problems. Ability to document, plan, market, and execute programs. Established project management skills Exhibits exceptional flexibility and adaptability, consistently demonstrating a proactive approach and a strong sense of urgency. Capable of responding swiftly and effectively in a dynamic, fast-paced environment, always with the highest degree of integrity Qualifications Bachelor’s degree in Business, Supply Chain Management, or related field; Master’s degree preferred. 7+ years of progressive experience in strategic sourcing or procurement, ideally within food & beverage or CPG. Proven success in leading complex negotiations and delivering measurable cost savings. Strong analytical and strategic thinking skills, with experience using procurement analytics tools. Excellent communication and stakeholder management skills across all levels of the organization. Deep understanding of supply chain principles, food safety standards, and vendor compliance. Experience presenting to senior leadership and influencing cross-functional decision-making. Proficiency in Microsoft Office and sourcing platforms; experience with ERP systems preferred. Working Conditions Required travel – up to 25% Physical Requirements While performing this job, the incumbent is regularly required to stand, sit, talk hear & use hands and fingers to operate keyboards Direct Reports This position will have no direct reports Competitive Pay $119,634-$167,488 annually. The actual pay offered will be determined by multiple factors, including but not limited to the candidate’s relevant experience, job-related knowledge, skills, and geographical location. Individual compensation decisions are dependent upon the facts and circumstances of each position and candidate. Newton Support Center With more than 2,000 Panera LLC and independent franchise bakery-cafes in the Panera Bread® family, and more locations opening all the time, it’s no wonder our company has been an excellent source of career and personal growth opportunities for more than 25 years. In neighborhoods across the U.S. and Canada, customers enjoy flavorful, handcrafted meals centered around freshly baked artisan bread. To us, that means serving food like we serve our own families – free of any of the items on our ‘No No’ List. Along the way, we also like to give back to our community. We enjoy working together, shoulder to shoulder with our customers, to confront a serious problem plaguing communities across this country – Hunger. Through our Panera Cares community cafes, we offer a dignified dining experience in an uplifting environment. In addition, we support our communities through day-end donations at our bakery-cafe locations and partner with local non-profit organizations. It’s this warmth that you’ll find when you join Panera Bread. From our competitive compensation and benefits packages to our unique cultural values, we’re confident you’ll find us a rewarding and fun place to work.

Responsibilities

The Senior Manager, Strategic Sourcing is responsible for developing and executing sourcing strategies that enhance cost efficiency and quality across the supply chain. This role involves managing supplier relationships and driving continuous improvement initiatives.