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Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with nearly $45 billion in annual system-wide sales and over 32,000 restaurants in more than 120 countries and territories.
RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.
RBI is committed to growing the TIM HORTONS®, BURGER KING®, POPEYES® and FIREHOUSE SUBS® brands by leveraging their respective core values, employee and franchisee relationships, and long track records of community support. Each brand benefits from the global scale and shared best practices that come from ownership by Restaurant Brands International Inc.
Reporting to the VP, Procurement for Tim Hortons, this position is responsible for leading procurement for various strategic food and beverage categories and for new “Limited Time Offer” products to support the Tim Hortons North America restaurants. The role will require industry analysis, benchmarking, and financial modeling to develop and execute strategic sourcing strategies and negotiations. The position liaises with Marketing, Operations, Quality Assurance, Supply Chain, Legal and Finance functions to support Tim Hortons business priorities.
Responsibilities
Develops and executes procurement strategy that aligns with business strategy for assigned categories including sourcing and contingencies
Researches, analyzes, and interprets industry and market trends
Negotiates and executes business tenders; leads contractual conversations and execution liaising with cross functional teams
Develops competitive benchmarks and financial models to analyze offers and deals to determine viability and profitability
Assesses business risks associated with the procurement of goods or services in assigned categories and ensures transparency of risk to organization
Sources, onboards, and nurtures new vendors while also managing the termination of vendors, when applicable
Measures supplier performance, identifies performance improvement initiatives and supports corrective actions as required
Assesses commodity hedging strategies relevant to categories and executes hedges with raw material suppliers to provide supply stability and improve restaurant profitability
Drives purchase cost savings initiatives which consistently improve restaurant profitability
Acts as point of contact with select vendors in assigned category to resolve issues impacting restaurant owners
Oversees and project manages a pipeline of hundreds of new SKUs being onboarded and launched at the Tim Hortons system
Qualifications
Bachelor's degree in Business Administration, Finance, Supply Chain or Engineering preferred
MBA with Supply Chain or Finance specialization or CPA/CFA designation preferred
10+ years of progressive experience in Supply Chain, Operations or Procurement in North American Fast Food restaurants or Food and Beverage Manufacturing
Team player with strong communication and problem-solving skills as well as leadership capabilities
Develops financial models to analyze deals and offers to determine viability and profitability
Strong analytical skills (researching, analyzing and interpreting data)
Exceptional organizational abilities, time management and interpersonal skills
Category specific purchasing experience preferred
QSR, food processing, retail or CPG experience preferred
Advanced level in Microsoft Office (Excel, Powerpoint, etc.)
This posting is for an existing vacancy.
RBI follows a 5 day, in-office work schedule to support collaboration. Successful candidates will be expected to work onsite 5 days per week.
Benefits at all of our global offices are focused on physical, mental and financial wellness. We offer unique and progressive benefits, including a comprehensive global paid parental leave program that supports employees as they expand their families, free telemedicine and mental wellness support.
Restaurant Brands International and all of its affiliated companies (collectively, RBI) are equal opportunity and affirmative action employers that do not discriminate on the basis of race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or veteran status, or any other characteristic protected by local, state, provincial or federal laws, rules, or regulations. RBI's policy applies to all terms and conditions of employment. Accommodation is available for applicants with disabilities upon request.