Director, Strategic Sourcing

2 weeks ago

Addison, United States Clyde's Donuts Full time

**Director, Strategic Sourcing
**Who We Are**

Founded in 1920 and based in Addison, Illinois, Clyde’s is a thriving, 4th generation family-owned food manufacturer and a leading national supplier of donuts to the largest global retailers in mass grocery, convenience stores, and food service. We specialize in the manufacture of a wide range of ready to serve, ready to sell, and ready to finish donuts for customer showcases and retail display. Our Company is financially strong with a consistent track record of stability and growth under the careful leadership of the Bickford family. Clyde’s offers the best in a family-owned environment with friendly, informal, and supportive culture. We invite you to consider a career with our special company.

**Why are we hiring?**

Clyde's is growing very fast. We continue to enjoy multi-year, accelerated, double-digit growth. In 2023, we opened our 2nd production plant and are adding many new positions Clyde's is a place where you can make a real difference and find real opportunity. We are looking for enthusiastic, collaborative, and hard-working individuals to join our family and become part of our 103-year-old success story.

**Summary of Position**

**Essential Job Functions**
- Establish highly collaborative relationships with key business stakeholders to support organizational procurement goals and objectives including new production innovation and supply chain sustainability.
- Develop and execute long term and annual procurement strategies setting and achieving cost saving targets supporting annual operating plan.
- Conduct on-going analysis of procurement activities across various spend categories to find opportunities for cost savings and value creation.
- Evaluate, develop, and grow framework of strategic supplier relationships to optimize cost structure and mitigate risk.
- Implement supplier relationship management programs including new supplier on-boarding, supplier sustainability assessments, scorecards, strategy, supplier performance reviews, monthly order compliance and supplier exits.
- Conduct supply risk analysis and develop risk mitigation and crisis management plans with critical suppliers.
- Forecast price and market trends, establish business relevant KPIs, track PPV and provide performance updates to leadership.
- Establish sourcing and procurement processes and best practices, develop SOPs, and implement organizational disciplines.
- Prepare bid requests, analyze, and summarize results for review and approval, negotiate pricing contracts.

**Qualifications**

Required
- Bachelor’s degree in finance, purchasing, or supply chain management.
- Strong quantitative and analytical skills with demonstrated expertise in quantitative modeling and advanced EXCEL skills.
- 8-10 years’ procurement experience with responsibility for primary raw material streams.
- Experience developing and implementing successful strategic sourcing programs and practices.
- Experience sourcing from overseas vendors.
- Experience with complex contract negotiation.
- Strong track record of delivering cost savings.
- Excellent communication skills both written and verbal.

Preferred But Not Required
- MBA or master’s degree in procurement or supply chain management.
- Experience sourcing services, food commodities and ingredients, packaging with knowledge of food safety regulations.
- Experience with Value Analysis and Value Engineering.
- Experience with commodity hedging.
- Knowledge and practical experience in Lean methodologies and continuous improvement.

**We Offer**
- Highly competitive base pay.
- Generous annual bonus with history of consistent payout.
- Medical plan options including HMO, PPO and HDHP with H.S.A.
- Dental plan. Two plan options.
- Vision plan.
- Health care and dependent care flexible spending accounts.
- Short-term disability plan (Company paid).
- Long-term disability plan (Company paid).
- Group term life and AD&D insurance (Company Paid).
- Voluntary insurance plans including life, AD&D, accident, and critical illness.
- Generous paid time off benefits and 7 holidays.
- 401(k) plan including 4% matching contribution and immediate vesting.
- Tuition reimbursement program.
- Various leaves of absence programs for life’s emergencies.
- Clean, modern, and safe facilities.

Clyde’s Donuts is proud to be an equal opportunity/ reasonable accommodation employer.

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