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VP of Supply Chain & Procurement

Insomnia Cookies is seeking a skilled Vice President of Supply Chain & Procurement to lead and transform procurement and delivery of our supply chain activities, based out of our Corporate HQ in Center City Philadelphia.  This senior leadership role is responsible for leading the development and implementation of progressive sourcing strategies that deliver cost efficiencies, supply assurance and quality in the procurement of direct & indirect materials, including packaging, co-manufactured products and services for large network of stores spanning the U.S., UK & Canada.  This role is expected to help identify and screen suppliers, develop strategic relationships, negotiate terms and conditions, and continuously drive improved supplier service levels through leadership and direction on a cross functional basis. This position will lead continuous improvement activities, optimizing product sourcing management, cost management, and problem resolution.


Sweet Position Perks:

• 4 day work week!! (yupp, we get every Friday off)

• A competitive base salary plus annual bonus compensation package

• A relocation package to assist in moving to the Greater Philadelphia area

• Eligibility for our Long-Term Incentive Program

• Excellent comprehensive benefits coverage that includes medical, dental, vision & pet insurance plans

• 401K with contribution match

• 3 weeks paid vacation plus 2 paid Insomnia personal wellness days

• Relaxed, fun, come as you are office culture

• Free cookies, branded swag and so much more!


Position responsibilities
  • Develop program procurement, purchasing, contracts, negotiations & vendor selection, including frameworks for vendor evaluation, engagement, and RFP ownership.
  • Ensure procurement strategies, processes, and program executions are fully integrated to support internal business plans and objectives and will actively collaborate with stakeholders to ensure that our knowledge, relationships, and investments are effectively and efficiently leveraged.   
  • Establish processes, systems, etc., to more effectively meet the needs and strategic priorities of the Company.
  • Establish extensive professional knowledge and experience of principles and techniques of negotiation to advise the business, direct and secure the best outcome for the company, maximize leverage control and steer complex and critical negotiations.
  • Manage relationships with our key co-manufactures/suppliers.
  • Ensure that new projects and programs are timely and effectively implemented in accordance with budgetary objectives and all contractual requirements.
  • Develop, direct, and manage overall cost reduction targets and oversee execution of initiatives.
  • Responsible for conducting spend analysis, analyzing supply markets, identifying sourcing value levers, executing competitive RFIs/RFPs and leading supplier negotiations for expense budget.
  • Develop and maintain relationships with functional heads to understand and support their vendor needs; work with them to identify opportunities to leverage purchasing power.
  • Further reduce cost in the Insomnia Cookies supply chain by working with co-manufactures, 3PLs and internal logistics providers.
  • Leverage Insomnia Cookies’ parent entities’ buying power on cost of goods and ensure sustainable supply of quality materials. Review key direct & indirect material and services purchasing contracts with vendors and suppliers on an annual basis.
  • Nurture better relations with our vendors and supplier partners to contain inflationary pressures through innovation and reformulation.


Desired Qualifications:
  • 10+ years of strategic sourcing experience in a high growth environment including 3+ years in a leadership role within the Food, Retail service or Consumer Packaged Goods industry. 
  • Experience with “Strategic Sourcing Techniques” such as managing value stream, lean concepts, contractual alternatives, and buying theories. Knowledge of any purchasing tool is a plus.
  • Prior experience growing a national brand to global prominence is a plus
  • The ability to demonstrate proven results with contract reading, writing and negotiation.
  • A strong critical thinking and problem-solving skills.
  • Excellent communication skills, both verbal and written. Strong presentation skills. 
  • A Bachelor's degree in business, supply chain or related field.  MBA or any Supply Chain certification will be plus.


About us:

Insomnia Cookies was founded in a college dorm room by then-student, Seth Berkowitz. Fast forward 20 years and so... many....cookies... later, our innovative bakery + delivery concept has become a cult brand known for its rabid following of cookie lovers who crave Insomnia’s warm, delicious delivery all day and late into the night. With an expanding footprint of over 300 stores globally, an experiential, “sweet-easy” concept as the brand’s flagship in Philadelphia, Pa. (where Insomnia Cookies is headquartered), and a rapidly-growing nationwide shipping and gifting portfolio... Insomnia Cookies is revolutionizing the cookie game by truly "Imagining What’s Possible"!

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CEO of Insomnia Cookies
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Seth Berkowitz
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Average salary estimate

$135000 / YEARLY (est.)
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$120000K
$150000K

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What You Should Know About VP of Supply Chain & Procurement, Insomnia Cookies

Are you ready to take your career to the next level? Insomnia Cookies is on the lookout for a dynamic Vice President of Supply Chain & Procurement to join our bustling team at our Corporate HQ in the heart of Center City Philadelphia. In this pivotal role, you will guide the transformation of our procurement processes and supply chain activities. Imagine leading the development of innovative sourcing strategies that not only drive cost efficiencies but also ensure quality and supply assurance across our expansive network of stores in the U.S., UK, and Canada. Your responsibilities will include identifying and screening top-notch suppliers, cultivating strategic relationships, and negotiating beneficial terms—all while fostering a collaborative environment. You'll spearhead continuous improvement initiatives, optimizing sourcing management, and problem resolution. We believe in balance; that’s why we offer a 4-day work week—yes, that’s every Friday off! Plus, there's a competitive salary and bonus package, comprehensive benefits including medical and pet insurance, and three weeks of paid vacation to recharge. If you’re passionate about leading a team towards success and making an impact in our sweet community, read on to explore this exciting opportunity with Insomnia Cookies!

Frequently Asked Questions (FAQs) for VP of Supply Chain & Procurement Role at Insomnia Cookies
What are the responsibilities of the Vice President of Supply Chain & Procurement at Insomnia Cookies?

The Vice President of Supply Chain & Procurement at Insomnia Cookies is responsible for a wide array of tasks such as developing procurement strategies, managing vendor relationships, conducting spend analysis, leading supplier negotiations, and ensuring timely project implementation. This role is essential for optimizing cost management and driving continuous improvement in supply chain operations.

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What qualifications are needed to apply for the VP of Supply Chain & Procurement at Insomnia Cookies?

To apply for the VP of Supply Chain & Procurement position at Insomnia Cookies, candidates should have over 10 years of strategic sourcing experience in fast-paced environments, alongside 3 years in a leadership role. A Bachelor's degree in business or supply chain is required, while an MBA or professional supply chain certification is a bonus.

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How does the VP of Supply Chain & Procurement improve supplier relationships at Insomnia Cookies?

The VP of Supply Chain & Procurement at Insomnia Cookies focuses on nurturing and enhancing supplier relationships through negotiation, continuous engagement, and collaboration to ensure the best service levels. This includes innovative approaches to manage inflationary pressures and maintain quality over time.

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What makes the Insomnia Cookies work culture unique for the VP of Supply Chain & Procurement?

Insomnia Cookies promotes a relaxed and fun work culture, offering perks such as a 4-day work week, casual dress code, free cookies, and team collaboration. This kind of environment is designed to inspire creativity and commitment among leadership, including the VP of Supply Chain & Procurement.

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What can the VP of Supply Chain & Procurement at Insomnia Cookies expect in terms of compensation and benefits?

The VP of Supply Chain & Procurement at Insomnia Cookies can look forward to a competitive salary with an annual bonus package, comprehensive health benefits including dental and vision options, a 401K with company match, generous vacation days, and unique perks that reflect the brand’s fun and engaging culture.

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Common Interview Questions for VP of Supply Chain & Procurement
How would you describe your strategic sourcing experience for the VP of Supply Chain & Procurement role?

In answering this question, highlight your specific experiences with strategic sourcing, including successful implementations of sourcing strategies and how they positively impacted a previous organization’s cost and quality. Use examples to illustrate your results-oriented approach.

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Describe a time when you successfully negotiated a contract. What strategies did you use?

Share a specific example showcasing your negotiation skills. Talk about the preparation you did, the key points you focused on, and how you achieved a win-win outcome. Emphasize the importance of relationship-building in negotiations.

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What methods do you use to assess potential suppliers?

Discuss your evaluation criteria for suppliers, such as quality, pricing, service levels, and alignment with company values. Highlight any tools or frameworks you've used to conduct effective supplier assessments and how this approach has benefited previous projects.

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Can you provide an example of how you have led a team towards achieving procurement goals?

Detail a scenario in which you took charge of a procurement initiative, outlining your leadership style, how you motivated your team, and the measures taken to ensure success. Quantify the results to showcase your impact.

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How do you manage relationships with key stakeholders within the organization?

Talk about your communication strategies and methods for fostering collaboration with stakeholders. Share examples of how you’ve effectively aligned procurement objectives with business needs, highlighting your ability to listen and adapt.

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What innovative solutions have you implemented to reduce supply chain costs?

Provide concrete examples of cost-saving strategies or innovative practices you've introduced in the past. Discuss the challenges faced, how you overcame them, and the outcomes of your initiatives.

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What challenges do you foresee in this role, and how would you tackle them?

Identify potential challenges within the supply chain and procurement landscape, such as supplier reliability or rising costs. Discuss your proactive strategies for addressing these challenges, showing your forward-thinking approach.

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In what ways have you utilized technology in supply chain management?

Explain your experience with procurement technologies, data analytics, or other digital tools that have helped streamline supply chain processes. Describe a situation where technology played a critical role in enhancing efficiency.

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How do you stay updated on industry trends and changes in supply chain practices?

Talk about your commitment to professional development, including industry publications, networking events, and continuing education. Emphasize your proactive approach to integrating new trends into operational strategies.

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What do you believe sets Insomnia Cookies apart in terms of its supply chain strategy?

Reflect on Insomnia Cookies' unique position in the market, its commitment to quality, and innovative sourcing methods. Discuss how you could contribute to further enhancing these aspects, aligning with the company’s core values.

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Brand Pillars: - Warm - Delivered - Delicious - Fun - Simple

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Full-time, on-site
DATE POSTED
December 17, 2024

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