Supply Chain Analyst

ABOUT:

Starshot Ventures is a multifaceted investment platform led by Kurt Seidensticker, the founder and former CEO of Vital Proteins. Starshot encompasses a Consumer Product Goods Venture Studio (Launch Pad), a growth stage venture capital firm, and a family office. Vital Proteins was a category creating dietary supplement brand and its sale to Nestle Health Sciences in 2022 was one of the most successful dietary supplement exits in history. Following the sale, Starshot has evolved into a prominent venture studio and venture capital fund. Starshot focuses on creating and investing in innovative consumer brands across various sectors including wellness, technology, hospitality, and fashion; as well as real estate and other equities. As a family office, Starshot manages a diverse portfolio of consumer product goods companies, real estate, equities. Starshot is backed by a team of highly accomplished consumer brand leaders who deliver on our overall strategy of consumer wellness. We invest in and build subversive and energetic brands in the health and wellness space.

WHY JOIN US:

We are a lean team of investors supported by an experienced team of seasoned leaders and well-respected brand builders on a mission to empower and nurture unique brands that make health and wellness accessible for all. We lead with curiosity and chase bold ideas in the pursuit of helping others be their best. This is a role where you will have the opportunity to charge your own path - and be a game-changer in the industry - amongst a group of passionate wellness pioneers. If you share this passion and are looking for an exciting opportunity to make a difference, we encourage you to apply.

ROLE SUMMARY:

This role will involve heavy collaboration with manufacturing, finance, innovation and supply chain teams to forecast, purchase and manage raw materials and packaging, analyze demand, manage MRP and oversee finished goods inventory. The ideal candidate has experience in supply chain planning within the supplement or food CPG industries, is detail-oriented, and thrives in a fast-paced, entrepreneurial environment.

RESPONSIBILITIES:

Raw Material Management:

• Forecast raw material needs for each brand based on production schedules, sales trends, new product launches and inventory levels.
• Coordinate procurement of raw materials, ensuring timely delivery to meet production timelines.
• Monitor and manage raw material inventory to avoid shortages or excess stock.
• Evaluate supplier performance and maintain strong vendor relationships.

Demand Forecasting and Planning:

• Analyze historical sales data, market trends, and customer insights to develop accurate demand forecasts.
• Collaborate with sales, marketing, and operations teams to align demand plans with business objectives.
• Continuously refine forecasting models to improve accuracy and reduce forecast variability.

Material Requirements Planning (MRP) Oversight:

• Develop and monitor MRP schedules to ensure timely procurement of materials and components.
• Work closely with suppliers to maintain optimal inventory levels while avoiding overstock or shortages.
• Address and resolve discrepancies between planned and actual material requirements.

Vendor Negotiation and Management:

• Work with the Supply Chain Manager to resolve supply chain issues, including delays, quality concerns, and shipment discrepancies.

Inventory Management:

• Monitor finished goods inventory across multiple SVLP brands to ensure optimal stock levels.
• Create and implement inventory control processes to minimize holding costs and avoid stockouts.
• Collaborate with growth (Amazon & DTC), eCommerce and marketing teams to plan inventory needs for promotions, product launches, and seasonal sales.
• Monitor and manage global inventories for raw materials and finished products.

Supply Chain Optimization:

• Identify and implement process improvements to enhance supply chain efficiency.
• Analyze supply chain data to identify cost-saving opportunities and areas for improvement.
• Maintain accurate records of supply chain activities, including purchase orders, supplier agreements, and inventory reports.

Cross-Functional Collaboration:

• Work closely with Titan manufacturing teams to ensure production schedules align with supply availability and revenue/orders.
• Partner with the finance and accounting teams to manage budgets, track spending, and optimize working capital.
• Support the development of demand forecasts with retail, growth (Amazon & DTC) and marketing teams to drive supply chain decisions.
• Manage the creation, input, and maintenance of accurate master data records in the ERP system, including raw materials, packaging, and Bills of Materials (BOMs) for Work-in-Progress (WIP) and Finished Goods (FG)

Compliance and Quality Assurance:

• Ensure all suppliers comply with industry regulations, including cGMP and FDA guidelines for supplements.
• Partner with quality assurance teams to address any supplier or product-related quality issues.

QUALIFICATIONS:

• Bachelor’s degree in Supply Chain Management, Engineering, Business, Operations, or a related field.
• 3-5 years of experience in supply chain planning, preferably in the supplement, food, or CPG industries.
• Knowledge of regulatory compliance in the supplement or food industry (e.g., cGMP, FDA).
• Strong analytical and problem-solving skills, with experience in demand forecasting and inventory management.
• Proficiency in NetSuite & Excel.
• Excellent negotiation and communication skills.

ATTRIBUTES:

• You lead with positivity. Excited to uphold a culture of teamwork and collaboration with a we-first attitude. You seek ideas and feedback from all members, and aren’t afraid to raise your hand to help others.
• You’re gritty. Ready to jump in at any or all of the stages involved in taking an idea to market from the get-go. No egos, no hesitations, no attitudes. We’re a brand incubator that takes ideas from the ground floor to market, so you have to be ready to dive in with whatever is necessary at any step of the way.
• You're collaborative. You have great interpersonal skills and thrive off of building productive relationships with those around you, even in stressful times.
• You love what you do. You nerd out on industry trends and constantly follow competitive brands in your free time, always looking for the next best thing.
• You are organized. Process is cool. You’ll bring new folder structures and eliminate wasted time searching for documents.

BENEFITS

• Competitive Salary
• Health/Vision/Dental Benefits + FSA
• Unlimited PTO + 13 paid holidays
• Equity participation in multiple brands
• 12 weeks paid parental leave
• 401K plan with 6% employer match
• $250 total monthly stipend for wellness + internet/cell phone
• Amazing people & interesting work!