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Full-Time

Vice President

Indirect Procurement

Updated on 9/4/2024

Hello Fresh

Hello Fresh

10,001+ employees

Meal kit delivery service with fresh ingredients

Food & Agriculture
Consumer Goods

Compensation Overview

$250k - $285kAnnually

+ Equity Program

Expert

New York, NY, USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Marketing
Requirements
  • Bachelor's degree in economics, business, supply chain management, or a related field; MBA preferred
  • Minimum of 15 years of senior leadership experience in sourcing, procurement, or supply chain management, ideally with a national consumer product business or e-commerce company
  • Deep knowledge of best practice procurement methodology, including RFPs, clean sheet cost modeling, total cost of ownership, root cause problem solving, and supplier evaluation / qualification processes
  • Experience deploying technology and tools to support ongoing operational improvements. Sound judgment and expertise about introducing automation and managing transitions from manual to tech-enabled processes
Responsibilities
  • Manage the procurement spend across indirect categories, developing our budget, and delivering the cost savings and functional improvement roadmaps
  • Develop and execute sourcing strategies to support HelloFresh's growth objectives, including identifying and evaluating new suppliers, negotiating contracts, and managing supplier relationships
  • Build a world-class sourcing team as we continue to expand and optimize all aspects of our procurement process
  • Develop and oversee the output of a team of direct and indirect reports
  • Provide an integrated view of areas for improvement in strategic procurement (“source to contract”) and transactional activity (“procure to pay”)
  • Work closely with cross-functional teams including DC operations, engineering, marketing, and finance to ensure that sourcing strategies are aligned with business objectives and meet the needs of internal stakeholders
  • Monitor industry trends and changes in the competitive landscape to identify opportunities and risks, and adjust sourcing strategies accordingly
  • Ensure that all sourcing activities are conducted in compliance with company policies and applicable laws and regulations
  • Develop and maintain strong relationships with key suppliers, working collaboratively with them to identify opportunities for innovation and cost savings
  • Develop and implement processes and tools to track supplier performance and manage supplier risk; improve spend control and audit trail while driving efficiency gains, creating capacity for greater strategic focus by the team

HelloFresh offers a meal kit delivery service that provides fresh, pre-portioned ingredients and easy-to-follow recipes to customers' homes. The subscription model allows users to select from various meal plans tailored to their dietary preferences, with the flexibility to skip weeks or cancel anytime. What distinguishes HelloFresh from competitors is its emphasis on fresh, seasonal produce and sustainable sourcing. The company's goal is to simplify meal preparation while promoting healthy eating and environmentally responsible choices.

Company Stage

Pre-seed

Total Funding

$646.4M

Headquarters

Berlin, Germany

Founded

2011

Growth & Insights
Headcount

6 month growth

11%

1 year growth

22%

2 year growth

47%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with brands like Colavita and Hidden Valley Ranch enhance HelloFresh's menu diversity and customer appeal.
  • Collaborations with organizations like No Kid Hungry highlight HelloFresh's commitment to social responsibility, potentially boosting its brand image.
  • The creation of 300 jobs at a new distribution center indicates potential for growth and expansion.

What critics are saying

  • The closure of distribution centers and significant layoffs suggest potential financial instability and declining sales.
  • Fines for electronic marketing violations could damage HelloFresh's reputation and lead to increased regulatory scrutiny.

What makes Hello Fresh unique

  • HelloFresh's focus on fresh, pre-portioned ingredients and easy-to-follow recipes sets it apart from traditional grocery delivery services.
  • The company's commitment to sustainability and seasonal produce appeals to environmentally conscious consumers, unlike some competitors who may not prioritize these values.
  • HelloFresh's flexible subscription model, allowing customers to skip weeks or cancel anytime, offers greater convenience compared to more rigid meal kit services.

Benefits

Competitive Salary & 401k

Generous Parental leave & Flexible PTO

Health, vision, & dental insurance

75% discount on HelloFresh Subscription

Snacks, coffee, & catered lunches

Company sponsored outings