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Director of Sourcing Operations

2 months ago

Texas, United States Growing company via The Walstrom Group, Inc. Full time

POSITION SUMMARY:

The Director of Sourcing Operations is tasked with overseeing the organization's procurement functions, from the initial selection and evaluation of suppliers to ensuring the timely delivery of high-quality products. The ideal candidate will enhance our sourcing strategies by examining company expenditures and supplier collaborations while continuously seeking innovative opportunities.

This role involves managing supplier relationships and building a sourcing team equipped with effective processes and cutting-edge tools tailored to meet business demands. Given that the U.S. market is the primary focus for the organization, this position will also play a pivotal role in leading global initiatives for shared supplier partnerships, performance measurement, and effective communication with stakeholders in various regions.

KEY RESPONSIBILITIES:


• Formulating and presenting a comprehensive 3-year sourcing strategy, identifying target suppliers, sourcing countries, and pricing objectives.


• Analyzing all elements that influence total landed costs.


• Tracking global commodity pricing trends, assessing potential impacts on the business, and recommending alternative solutions.


• Leading by example, fostering a collaborative environment with internal teams and clients.


• Cultivating supplier relationships while actively seeking new vendors through industry networks, trade shows, and webinars.


• Continuously assessing methods to enhance product quality, cost efficiency, and delivery timelines.


• Collaborating closely with the legal department to ensure favorable contract terms are established and upheld.


• Managing communications and negotiations with suppliers.


• Evaluating supplier performance against quality and delivery standards; collaborating with other departments to identify and qualify new suppliers.


• Leading quarterly supplier performance reviews with key suppliers.


• Demonstrating expertise in risk management, strategic planning, and organizational change.


• Navigating conflicting interests and resolving complex issues within the organization.


• Conducting cost analysis and establishing benchmarks for improvement.


• Negotiating pricing for raw materials and delivery with suppliers.


• Performing financial analyses to present total cost versus benefit evaluations.


• Supervising a sourcing team and delegating tasks as necessary.


• Training and mentoring team members, reinforcing company policies and guidelines.


• Actively participating in product development teams, providing insights on supply availability and costs, and supporting timely product launches.

REQUIRED QUALIFICATIONS:


• Bachelor's degree in supply chain management, finance, or engineering preferred.


• Over 10 years of experience in supply chain management within a manufacturing context.


• Proven track record in metrics management with examples of successful transformations.


• Experience in developing and managing inventory reduction strategies, promoting healthier inventory levels.


• Exceptional verbal and written communication abilities.


• Strong interpersonal and negotiation skills, with a history of fostering positive relationships with vendors and internal stakeholders.


• Demonstrated leadership and supervisory capabilities.


• Excellent organizational skills and meticulous attention to detail.


• Comprehensive understanding of company products and supply chain logistics.


• Strong analytical and problem-solving skills.


• Proven experience as a senior Sourcing or Procurement Manager.


• Familiarity with sourcing and vendor management software.


• Understanding of market dynamics and sound business judgment.


• Strong project management and leadership skills.


• Ability to negotiate and maintain professional relationships.


• Solid judgment and decision-making capabilities.

PREFERRED QUALIFICATIONS:


• CPSM or C.P.M. certification is advantageous.


• Effective project leadership, teamwork, communication, and problem-solving skills.


• Proficient in Microsoft Office tools, particularly Excel, and familiar with Enterprise Resource Planning applications.


• A strong desire to thrive in a transformative environment that fosters rapid personal growth.


• Highly developed analytical skills and conceptual thinking.


• Proven ability to influence and engage diverse teams across various disciplines.


• Strong presentation and communication skills.