Sr. Strategic Sourcing Specialist
2 weeks ago
Duke Cannon Supply Company is a growth-oriented CPG company that operates with an entrepreneurial mindset – and has become one of the fastest-growing brands in the men’s grooming category. Our mission is to better the day of hard-working men, and we fulfill this mission through both the products we build and the content we create. We have ambitions to become a household brand by taking share from large national players while having fun and giving back to veterans (our cause). We’re looking to hire smart, fun, and wildly talented folks to join us on our journey.
We are currently seeking a Sr. Strategic Sourcing Specialist to help support our drive for explosive, profitable growth. This individual will report to the Director of Strategic Sourcing and will act as an individual contributor in support of strategic sourcing activities, with a specific focus on packaging. As a Sr. Strategic Sourcing Specialist, you will be a key driver in shaping and executing our sourcing strategy to optimize supplier relationships, mitigate risks and drive cost optimization. This position works closely with Product Development & Design, Packaging, Supply Chain teams, Finance as well as outside suppliers. We value a trail-blazing approach to work and expect Duke Cannon Team Members to take this approach.
Primary Responsibilities:
While working on this team, you will have an opportunity to make an immediate impact with noticeable results. Position responsibilities include early supplier involvement, negotiations and supplier qualification to deliver on time, cost targets, quality standards while mitigating risk. Specific responsibilities include:
- Strategic Sourcing: Develop and implement sourcing strategies aligned with business objectives, leveraging market insights and supplier intelligence to drive competitive advantage.
- Supplier Relationship Management: Cultivate and maintain strategic relationships with key suppliers, fostering collaboration, innovation and continuous improvement initiatives.
- Supplier Evaluation and Selection: Conduct thorough assessments of potential suppliers, evaluating capabilities, performance history, and financial stability to ensure alignment with company requirements.
- Negotiation and Contract Management: Draft, review and manage contracts to mitigate risks and ensure compliance. Lead negotiations with suppliers to secure favorable terms, pricing, and contractual agreements.
- Cost Optimization: Identify opportunities for cost reduction and value creation through supplier optimization, process improvements, and strategic sourcing initiatives.
- Sourcing Process Improvement: Continually evaluate sourcing processes and procedures to identify areas for improved efficiencies. Implement best practices and standard operating procedures to streamline workflows and enhance productivity.
- Project Management: Lead strategic sourcing projects from inception to implementation, ensuring alignment with project objectives, timelines and budgets.
- Cross-Functional Collaboration: Collaborate closely with internal stakeholders, including sales, marketing, supply chain, product development/innovation, packaging engineering, and finance teams, to align sourcing strategies with business needs and objectives.
- Compliance and Ethical Sourcing: Ensure compliance with relevant regulations and industry standards, including ethical sourcing practices, environmental regulations, and labor laws.
Ideal Candidate Requirements:
The successful candidate is expected to be a creative and resourceful self-starter who is enthusiastic about learning with a commitment to excellence. We are looking for a person driven by a desire to contribute, be challenged and grow. Specific requirements include:
- Bachelor’s Degree in Business Administration, Supply Chain Management or related field (or equivalent work experience); packaging experience within the consumer products industry preferred
- Strong negotiation skills and knowledge of key contract terms
- Strong analytical and technical aptitude
- Attention to detail and high standards of work quality
- Excellent written and verbal communication skills
- Strong analytical and creative problem-solving skills with the ability to interpret data, identify trends, and develop actionable insights
- Project management experience, with the ability to lead cross-functional teams and drive results
- 5-7 years of strategic sourcing or procurement, or supply chain operations; preferred focus on consumer-packaged goods (CPG).
This person will report to the Director of Strategic Sourcing but will work closely with Product Experience as well as Supply Chain and Finance.
Company Culture
As a challenger brand experiencing explosive growth, the Duke Cannon Supply Co. is a fast-paced environment where decisions are vetted quickly, and opportunities are relentlessly pursued. We work hard, with an emphasis on having fun (we well soap, after all), though we have the most fun when we exceed our goals. The company’s leaders are dedicated to the growth and development of the team; as such, we want to ensure that our people have a rich and rewarding experience with unique opportunities to grow.
We are currently operating in a hybrid work environment; to drive results, improve camaraderie, and allow for real-time decision making, our team members are committed to spending a minimum of three days a week in the Main Lodge.
Salary and Benefits
Duke Cannon offers a competitive market salary and bonus based on role and professional experience. Our top-notch benefits include health & dental insurance, HSA and 401k programs supported by regular company contributions, a tuition reimbursement program, and monthly parking stipend. We also host monthly moments of Team camaraderie ranging from community service events to social hours in the Main Lodge to Lunch & Learns covering business, team, and industry topics. And if you’re still reading this, perhaps you should apply.
Duke Cannon provides equal access to and opportunity in employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression.
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