Senior Procurement Manager, Indirect

3 weeks ago

Pawtucket, United States Teknor Apex Full time

When Alfred Fain founded a small Rhode Island tire store in 1924, at the time no one could have predicted how Teknor Apex would become an international custom compounder sought out by companies around the world. After a nearly hundred-year journey that's carried us through acquisitions and expansion, we now have nine U.S. locations, as well as operations in Belgium, Singapore, Germany, and China.

Throughout this global expansion Teknor has remained a privately held company, and today Fain's grandson sits at the helm, maintaining the family's tradition of fostering deep employee and customer relationships. These relationships are what allow us-together-to deliver customized compound solutions and help our customer's create better products.

"Manufacturing is a team sport, and we work together to achieve our goals." ~Jon Fain

Essential Duties and Responsibilities:

Position's responsibility includes a member of the Teknor Apex Procurement management team. The Senior Procurement Manager Indirect is responsible for procurement activities addressing a global external spend of over $80M of indirect materials and services.Responsibilities include setting global policies, procedures and indirect category strategies while having effective collaboration with relevant functions such as finance, manufacturing and engineering.

Stakeholder Engagement: Develop and systematically manage stakeholder relationships to find the optimum balance between meeting company needs and delivering total value.Communicate the results of negotiations and strategy development to management, stakeholders, and all impacted functional areas.

Supplier Relationship Management: Develop long-term relationships with suppliers to realize Total Value for Teknor Apex.Leverage a standard framework to classify suppliers and implement SRM programs.Responsible for supplier relationship development and management using performance criteria.

Indirect Spend Management: Develop and update annual indirect spend plans with stakeholders including detailed analysis of past and future spending and existing relationships. Develop and manage multi-year plan and pipelines of sourcing initiatives.Evaluate viable sources around the world to find the optimal source meeting service, quality, cost, sustainability, and risk mitigation objectives.

Global Strategic Sourcing: Implement strategic sourcing initiatives which includes:

  • Analyzing markets, including cost models to help predict and forecast price development on key purchases.
  • Create global alignment (NA, Asia and EU) where applicable to leverage procurement initiatives.
  • Partnering with stakeholders to build robust scopes of work.
  • Developing and executing sourcing strategies for individual initiatives.
  • Develop systems and policies that support global initiatives.
  • Preparing and implementing advanced negotiation strategies.
  • Partnering with stakeholders and legal to negotiate and finalize agreements.
Global Responsibility: Develop and expand strategies across global channels in conjunction with our counterparts in Asia and Europe to leverage our purchasing power where possible.Build strong relationships with the global supplier base in a proactive manner to ensure we meet corporate objectives.

Risk Management: Evaluate and monitor the risk profile of the supply base, identify mitigation targets, and implement risk improvement initiatives.Responsible for recommending optimal supply strategies while working with all necessary functions to implement.

Synergy Delivery: Manage the portfolio of sourcing initiatives and deliver cost reductions against challenging current and multi-year saving targets.Develop strategic procurement programs to meet the requirements of the assigned product areas and/or business team and make recommendations for implementation.

People Management:This position is responsible for leading and administratively managing procurement managers and buyer(s) who have procurement responsibilities for a range of responsibilities.Influence and coach procurement buyers and representatives. Assist the director in the development of goals, policies and procedures for the department.

Education and/or Work Experience Requirements:
  • Position requires 8 years minimum procurement and industry specific experience showing progressive levels of leadership and decision-making responsibility.
  • Minimum of a four-year degree in a field of study such as engineering, business, logistics, science, or accounting or equivalent training in a related business or technical area.
  • MBA/MS degree strongly preferred.
  • APICS certification or similar association desired but not required.
  • A high degree of analytic ability and inductive thinking is required to devise new technically complex problems.
  • Proven experience in evaluating suppliers and partnerships to provide the most cost-effective ways of doing business.
  • Demonstrated understanding of organic & inorganic chemistry, polymer chemistry, and mathematics beyond those typically found in a four-year degree program.
  • Excellent communications and management skills.

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