Manager Procurement Commodities & Risk

Title: Manager Procurement - Commodities & Risk

Location: Eagle ID

Job Requisition ID: Req-270866

Time Type: Full time

About Lamb Weston

Youve probably enjoyed our fries without even knowing it! As a leading manufacturer in our industry we inspire and bring people together with foods they love and trust. Our customer base includes international food service providers restaurants and households in over 100 countries around the world.

A highly innovative global corporation with a start-up mindset we empower every individual to make a genuine difference. Youll gain access to hands-on training to fuel your growth and success explore opportunities for new solutions and youll join a winning team of 10000 people all dedicated to raising the bar together.

If you have a strong drive for results a desire to help us bring the world together through our fries and are ready for a fresh challenge we want to hear from you.

Job Description Summary

The Manager Procurement - Commodities & Risk drives the development of best procurement practices including commodity risk management/mitigation sourcing strategy definition deployment and stakeholder management (Directors and VPs) to maximize total value contribution and fuel the growth of LW. Drives the Procurement value contribution to Lamb Weston while ensuring compliance with policies strategies and processes. Maintenance of relationships with internal and external stakeholders market analysis supply and financial exposures and risk and execution of mitigation strategies will be critical. Must maintain the ability to communicate with internal and external stakeholders clearly and concisely with a strong understanding of global ingredient markets Source to Pay (STP) fundamentals factory environments and risk mitigation strategies. A successful candidate understands the STP process from the beginning to end as it pertains to direct material procurement: category and sourcing strategy development negotiation contracting supplier management and analysis. The role will be responsible for strategy implementation negotiation and contracting within assigned categories.

Job Description

• Manage strategy development deployment and strategic planning for Agricultural Commodity ingredients and inputs.
• Lead the development of long-term strategies (including physical commodity sourcing and financial risk strategies supplier management strategy and STP strategy) to meet regional and global business expectations.
• Manage alignment and deployment of global strategies and financial plans.
• Identify and manage connectivity of the Spend Tower with functional stakeholders suppliers and internal procurement teams.
• Manage stakeholder engagement and alignment throughout the end-to-end sourcing process.
• Develop risk mitigation and margin enhancement strategies and recommendations for purchased commodities.
• Calculate commodity exposure using cost models and stress tests for forecasted raw material purchases oversee underlying risk exposure and monitoring process through various reconciliations.
• Create and maintain reports for category and market risk trade activities compliance documentation and develop sensitivity dashboards including open volume impact on cost of goods sold.
• Ensure standardization of processes and tools in coordination with other Spend Towers.
• Coordinate delivery of assigned regional and global KPIs.
• Be a point person responsible and accountable for delivery of goals for commodity procurement.
• Collect manage and report external market intelligence. Provide insights and report on commodity performance trends and forecasts.
• Monitor market dynamics and make coverage recommendations to optimize value in commodity markets. Analyze trends in commodity markets.
• Maintain physical and financial commodities positions in compliance with Commodity Risk Policy
• Other duties and responsibilities may be required and/or assigned as necessary.

Basic & Preferred Qualifications

Education/ Certifications:

• Bachelors degree in Supply Chain Business or Finance required.
• MBA or CPSM/ CPM certification preferred.

Skills and Experience:

• 10 years related experience in all aspects of sourcing processes including agricultural commodity risk management contract negotiation and project management.
• Demonstrated success in people/team management
• Experience in Agricultural Commodity Risk Management and Trade Strategies to mitigate financial and operational risk as specifically applied to vegetable oils corn wheat dairy natural gas
• Experience working with diverse executive leaders and proven ability to develop agreement of priorities
• Demonstrated interpersonal verbal and written communication skills to interact and consult with all levels in the business units as well as external suppliers.
• Ability to manage projects work under pressure and meet agreed and often tight deadlines.
• Proven ability in building and managing strategic plans and annual budgets.
• Outstanding organizational multi-tasking and prioritization abilities; an excellent attention to detail.
• Excellent analytical skills Excel proficiency and familiarity with market analysis platforms (Eikon Bloomberg)
• Highly motivated and ability to work independently and as part of the team.

Functional Capabilities:

• Strategic sourcing
• Commodity risk management
• Supplier selection and contracting
• Supplier relationship management
• Stakeholder influencing

Physical Environment/Demands:

• Some travel may be required (% of time if significant)
• Most work is performed in a temperature-controlled office environment
• Incumbent may sit for long periods of time at desk or computer terminal
• While performing the duties of this job the employee is regularly required to sit; use hands to finger handle or feel; reach with hands and arms; and talk or hear.
• Incumbent may use calculators keyboards telephone and other office equipment in the course of normal workday
• Stooping bending twisting and reaching may be required in completion of job duties

Industry-Competitive Benefits

Coupled with our compensation and bonus incentive programs our benefits deliver rewards that are market competitive. Some of the most attractive elements of our benefit programs include:

• Health Insurance Benefits - Medical Dental Vision

• Flexible Spending Accounts for Health and Dependent Care and Health Reimbursement Accounts

• Well-being programs including companywide events and a wellness incentive program

• Paid Time Off

• Financial Wellness Industry leading 401(k) plan with generous company contributions Financial Planning Services Employee Stock purchase program and Health Savings Accounts Life and Accident insurance

• Family-Friendly Employee events

• Employee Assistance Program services mental health and other concierge type services

Benefits may vary based on location job role/level job status and/or the terms of any applicable collective bargaining agreements.

Anticipated Close Date

The anticipated close date is a good faith estimate for when this job will be closed. Some jobs may be unposted or filled earlier or later than the Anticipated Close Date depending on interview processes and business needs.

Anticipated Close Date: 08/02/2026

Pay Transparency

In compliance with applicable state and local laws Lamb Weston has opted to include a reasonable estimate of the compensation for this role. This compensation is specific to this position and takes into account a number of variables. Actual compensation may be higher or lower in the range posted based on various factors including but not limited to job duties experience and expertise. A candidates work location could also impact the actual compensation being outside of the range to reflect local cost of labor. A reasonable annual estimate of the range for this role is listed below.

Pay Rate or Range: $117060.00 - $175600.00

Equal Opportunity Employer

Lamb Weston is an Equal Opportunity Employer and considers qualified applicants for employment without regard to race color creed religion national origin sex sexual orientation gender identity and expression age disability veteran status or any other protected factor under federal state or local law