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Director Of Sourcing
4 months ago
Position Summary:
The role of Director of Sourcing is responsible for the end-to-end sourcing operations as well as oversee full sourcing process by deciding between vendors and products or services while analyzing purchasing choices. Minimizes cost to help optimize the value from each purchase. Individual will prioritize purchasing initiatives while establishing policies and objectives that define the organizations sourcing strategies.
Position Responsibilities:
Responsible for end-to-end category Sourcing support which aligns to Merchandising strategy
Owns factory and supplier identification and validation of Direct Import suppliers
Manages RFQ, RFP execution including ensuring accuracy of cost models and business financial projections
Responsible to Develop and Deliver Annual Budget including Cost Out Execution
Deliver on Supplier Diversification and Country Diversification Metrics
Actively Develop and Lead Cost Mitigation and Avoidance strategies
SME on Product Category and Global Supply base
Owns Category Global Tender Pipeline Execution
Partner with Merchandising, Procurement to ensure flawless execution of Supplier and Product Onboarding, New Program Launches
Strategic supplier management, responsible to negotiate Costs and Supplier Terms, Lead Times, Rebates and Discounts
Set strategies related to vendor assessments and purchasing terms and conditions
Ensure products or services orders are the best quality and value
Direct the productivity of department and update as needed while driving continuous improvement
Set policies and methodologies for sourcing new products or services, approve vendors, and determine when products should be sourced to single vendor or multiple vendors
Analyze financial information related to cost and identify opportunities for cost reductions
Lead department to develop forecasts for future demand and place orders in a timely fashion based upon vendor lead-time
See that the management of all administrative functions within department operate smooth and efficient
Manage and communicate content updates to Executive staff to ensure full transparency
Manage various projects and project schedules, ensuring key milestones and updates are being communicated to peers
Manage timely and orderly the flow of all production aspects, from project inception, internal and external reviews final product release.
Create and maintain various reports to track shipments and vendor yield output
Qualifications & Competencies
BS in Supply Chain Management or Business Administration or Commensurate Experience in Sourcing
Strong preference for international sourcing experience
Ability to manage projects and establish clear goals and accountabilities to ensure successful delivery (on time, within budget, meeting agreed upon success criteria)
Understand demand and supplier trends
Negotiation skills a must
Advanced working knowledge of Microsoft Office products (Excel, Outlook, PowerPoint, and Word), Internet search tools and web-site navigation
Strong analytical, problem solving and financial modeling skills
Ability to multi-task and manage multiple priorities in a deadline driven environment while remaining organized.
Must be self-motivated and detail oriented
Independent judgement is required to plan, prioritize, organize, and accomplish diversified work objectives.
Excellent verbal and written communication skills
Excellent external and internal customer service skills
Quality Management – Looks for ways to improve and promote quality, demonstrates accuracy and thoroughness both internally and externally
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GPC conducts its business without regard to sex, race, creed, color, religion, marital status, national origin, citizenship status, age, pregnancy, sexual orientation, gender identity or expression, genetic information, disability, military status, status as a veteran, or any other protected characteristic. GPC's policy is to recruit, hire, train, promote, assign, transfer and terminate employees based on their own ability, achievement, experience and conduct and other legitimate business reasons.
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