Vice President of Supply Chain and Procurement

4 weeks ago

Westwego, United States Cornerstone Chemical Company Full time
Job DescriptionJob Description

Position Summary

The Vice President of Supply Chain and Procurement is a strategic leadership role responsible for overseeing and optimizing the company's supply chain and procurement operations. This role requires a visionary leader with a deep understanding of supply chain dynamics, procurement strategies, and operational efficiency. The ideal candidate will drive the development and execution of comprehensive supply chain strategies that align with the company's goals and enhance overall business performance.

Responsibilities

Strategic Leadership:

  • Develop and implement supply chain and procurement strategies that support the company's objectives and growth.
  • Ensure alignment with overall business strategy and goals.

Supply Chain Management:

  • Oversee the end-to-end supply chain process, including planning, sourcing, production, logistics, and distribution.
  • Identify opportunities for optimization and cost reduction.

Strategic Planning:

  • Oversee procurement forecasting and budgeting.
  • Create and communicate an overall strategy for spend category management, strategic sourcing, procurement operations, contracting, supplier management, and regulatory compliance.
  • Determine strategy, process, and resources for supporting the procurement requirements of major capital projects.

Strategic Sourcing:

  • Prioritize and execute strategic sourcing and category management in initiatives to support the objectives of the organization.
  • Assess external market trends and conditions to identify opportunities and risks in managed spend categories.
  • Structure analysis of managed spend to enable informed decision-making and change management with key stakeholders.
  • Ensure sourcing efforts leverage market intelligence, eSourcing, should-cost modeling, advanced negotiation methods, and TCO analysis.

Contracting:

  • Manage the contract approval and exception processes, ensuring compliance for executed contracts.
  • Manage BU/market/supplier risks with tailored legal terms and conditions.
  • In collaboration with the Legal function, create and maintain template master service agreements and standard terms and conditions for common and/or critical contracting situations.

Supplier Management:

  • Create, implement and monitor an ongoing risk management program for vendors and suppliers.
  • Collaborate with other functions, such as Quality and Compliance organizations to implement a comprehensive and appropriate supplier monitoring system.
  • Establish, monitor and report key performance indicators (KPIs) to anticipate and minimize performance issues.
  • Create systems to ensure that suppliers are performing to contracted obligations and service levels.

Risk Management:

  • Identify and mitigate supply chain risks, including supplier disruptions, market fluctuations, and regulatory changes.
  • Develop contingency plans to ensure business continuity.

Materials & Inventory Management:

  • Collaborates with production, procurement, and supply chain teams to forecast material needs and ensure uninterrupted supply or initiatives on eliminating waste.

Compliance:

  • Ensure compliance to the laws, business guidelines, and ethical standards set by the company, local authorities, and government agencies.

Experience

  • The Vice President of Supply Chain and Procurement will be experienced leading in rapidly changing environments and have most of the following experience:
  • 12+ years leadership in procurement and supply chain
  • Mature understanding of integrated role of people, policies, processes, and systems necessary for sustained success in delivery of strategic and operational procurement services
  • Expert understanding of, and deep experience with, multi-step strategic sourcing processes; sourcing activities measured in terms of implemented savings and always reflect TCO perspective
  • Able to drive innovation in sensitive, challenging, or long-term supply relationships through capture of new sources of value or identification/creation of alternatives and substitutes
  • Able to work up, down, and across field-based organizations; connects well at all levels, i.e., field, management, executives
  • Expert-level financial, quantitative, and analytical skills
  • Significant experience forecasting budgets and leading monthly, quarterly, and/or annual business planning processes; experience leveraging procurement data and market intelligence into strategic/corporate business planning processes

Characteristics of a Successful Candidate

  • Performance-driven leadership style with demonstrable experience personally driving or influencing successful results.
  • Demonstrated excellence managing internal customers; works well in stakeholder settings involving multiple locations/BUs
  • A broad hands-on procurement background combined with experience driving a transformational and business focused procurement strategy.
  • A natural mentor and recognized thought leader; demonstrated ability to attract and develop top talent within the supply chain profession
  • Skilled at institutionalizing stakeholder communications for input and alignment; well-honed “radar” for situations requiring incremental stakeholder management
  • A flexible, dynamic, self demanding and proactive individual
  • Easily accepts constructive input from others
  • Able to function as a working leader with the aptitude to execute as many tasks as delegated.

Education

  • Bachelors degree required; MBA or advanced degree preferred
  • Experience with ERP, spend analytics, eSourcing, contract management systems, supplier and inventory management, and strategic sourcing development and execution.
Cornerstone Chemical Company is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.


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