Strategic Sourcing Leader

1 week ago

Providence, Rhode Island, United States DSJ Global Full time
Job Description

Job Title: Vice President of Strategic Sourcing, Procurement & Quality

Industry: Consumer Goods

Location: Hybrid (Remote and On-Site)

Job Type: Full-time

About the Role:

We are seeking an experienced Strategic Sourcing Leader to join our team as Vice President of Strategic Sourcing, Procurement & Quality. As a key member of our leadership team, you will be responsible for leading the procurement department to ensure top-tier execution of strategic and transactional processes.

Key Responsibilities:

  • Strategic Leadership: Develop and execute a comprehensive global procurement strategy for both direct and indirect categories, including supplier and commodity segmentation, establishing a best-in-class organization, and creating policies, procedures, and analytics that align with brand R&D efforts to deliver high-quality products.
  • Procurement Strategy: Craft and implement procurement strategies that align with company goals, manage procurement budgets, reduce order quantities (MOQs), minimize lead times, and negotiate favorable terms with suppliers.
  • Supplier Management: Oversee supplier selection, including identifying new suppliers and managing existing relationships, handle contract management, and cultivate strong partnerships with key suppliers.
  • Market Insight: Stay updated on market trends, macro-economic factors, and procurement innovations to drive efficiency, effectiveness, and sustainability.
  • Team Leadership: Build and lead a global team of procurement professionals, provide mentorship and guidance to meet short-term and long-term departmental goals, aligning teams in Asia to support global objectives.
  • Procurement Process Improvement: Develop and implement strategic procurement processes to enhance quality and service while reducing the total cost of ownership.
  • Cost Management: Analyze cost trends and inflation impacts to collaborate with Business Units and Finance on new pricing strategies for customers.
  • Procurement Center of Excellence (COE): Manage the implementation of the COE, including master data configuration, processes, and tools to ensure alignment across relevant partners.
  • Data Analytics & Technology: Utilize data analytics and technology to improve sourcing strategies and supplier relationships, implement scorecards to track supplier performance, including accountability, on-time delivery, and quality metrics.
  • Process & Technology Deployment: Design and deploy cutting-edge procurement processes and technology solutions to deliver measurable value across the enterprise.

Qualifications:

  • Bachelor's degree required; Master's degree and procurement certification preferred.
  • 10+ years of direct sourcing experience.
  • 5+ years of indirect sourcing experience, covering categories such as professional services, MRO, travel, packaging, transportation, and facilities.
  • Extensive experience in global strategic sourcing with a focus on Apparel and Fabrics, Consumer Electronics, and Plastics, particularly in Asia and Latin America. Knowledge of the textile value chain and best practices in a seasonal environment is essential.
  • Proven track record in establishing and leading global procurement organizations, achieving year-over-year cost reductions exceeding 5%.
  • Ability to create and leverage horizontal and vertical sourcing synergies across design, quality, cost, and supply continuity.
  • Expertise in designing optimal terms and conditions for various commodities, leading negotiations, and implementing risk management strategies and digital procurement solutions.
  • Experience with ERP system consolidation and transformative procurement processes and technologies.
  • Strong financial acumen and leadership capabilities.
  • Proficiency in commodity index tracking and digital sourcing technologies.
  • Experience in setting up sourcing organizations in Asia and managing a dispersed quality organization of 30+ members.
  • Familiarity with quality management systems and dock-to-stock programs is preferred.
  • Cost engineering experience is a plus.

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