Director of Global Sourcing

6 days ago

Eagan, Minnesota, United States Ergotron Full time
About Ergotron

Ergotron, Inc. is a global leader in designing innovative solutions that enhance human performance, health, and happiness. With a 40-year history, the company has established a strong presence in North America, Europe, and Asia Pacific, and has earned over 200 patents for its professional-grade products and customer-obsessed service.

Job Summary

This Director position will be responsible for strategic management and optimization of global materials sourcing and spend, as well as managing a team of sourcing professionals. The Director of Global Sourcing will provide strategic and project management direction to support cross-functional teams, working as an operations liaison between product management, project management, engineering, finance, business unit, internal factories, contract manufacturers, and subassembly suppliers.

Key Responsibilities
  • Create a culture of procurement excellence, viewed as a strategic partner commercially responsible for Ergotron's P&L performance and projected margin performance of new products in development.
  • Function as the subject matter expert, viewed as the strategic sourcing and negotiation authority sought out by business leaders to support all strategic and ongoing sourcing direction.
  • Develop and maintain a supplier segmentation and classification system.
  • Coordinate and oversee the ongoing development and maintenance of category strategies.
  • Lead the search and support the onboarding of new contract manufacturers and suppliers.
  • Support development of product sourcing plans to ensure supply optimization and risk avoidance.
  • Provide monthly updates and presentations to the Ergotron Leadership Team.
  • Ensure the sourcing team is resourced properly to support revenue growth.
  • Support development of prototyping strategies and resources.
  • Demonstrate ability to manage supply to meet demands in both supply expedites to preserve revenue and pushouts to optimize inventories.
  • Develop budgets, plans, and KPIs to track performance of Direct Material.
  • Track financial results, implementation performance, and supplier performance; identify gaps and variances in performance and make adjustments to restore performance to plan.
  • Promote operational efficiency and facilitate cross-functional decision making related to sourcing.
  • Participate in the coordination and release of R&D projects.
  • Develop, audit, and maintain relationships with strategic Suppliers.
  • Develop/execute commodity and supply base optimization strategies and action plans.
  • Evaluate existing and potential suppliers, search for new suppliers.
  • Initiate and execute cost savings projects.
  • Initiate and execute request for quotation.
  • Collaborate with cross-functional groups to develop and qualify materials, components, processes, assemblies, and suppliers.
  • Negotiate prices, terms, statements of work, technical requirements, and contracts in collaboration with the legal department.
  • Manage projects and tasks to meet deliverables and deadlines.
  • Work with the supply base to identify and optimize safety, quality, delivery, and cost initiatives.
  • Develop and recommend best practices.
  • Integrate solutions across the business through application of a broad understanding of how the company operates.
  • Additional duties as requested.
  • Supports 'Lean Business Enterprise' initiatives for continuous process improvement and waste elimination.
Requirements
  • Bachelor's Degree in Business, Engineering, Materials/Procurement Mgmt., or equivalent experience.
  • 10+ years' experience with multi-site, multi-process continuous manufacturing operations across a wide range of U.S. and international geographies.
  • Solid understanding of procurement best practices and a track record of success with both direct and indirect materials.
  • Direct management of a global procurement organization with demonstrated accomplishments driving continuous improvements using best practices and value engineering.
  • Prior experience working with cross-functional/cross-cultural teams, managing global relationships based on common objectives across a wide variety of geographies managing projects and lead complex change across multiple sites and countries.
  • Requires specialized depth and/or breadth of expertise in procurement and sourcing.
  • International Procurement Experience.
  • Negotiating and contracting expertise desired. Demonstrated ability to handle difficult and complex contracts.
  • Working knowledge of current manufacturing processes, delivery/scheduling tools and techniques, basic technical knowledge, materials expertise, quality controls, and basic design concepts.
  • Demonstrated problem-solving capability and use of system tools to aid project development.
  • Ability to understand and apply Total Cost of Ownership principles.
  • PC skills in Microsoft applications. Oracle experience preferred.
  • Ability to travel as needed.
  • Must be able to perform the physical requirements of the job as described to you for the position.
Benefits
  • Being able to solve complex problems within a passion-filled environment is rewarded by a comprehensive and competitive benefits package, allowing for work and life balance.
  • At Ergotron, we are committed to moving you forward with leading benefits and reward programs. Beyond a fast-paced, innovative work environment, we offer a comprehensive and competitive pay and benefits package, including but not limited to; medical, dental, vision, life, disability, tuition reimbursement, 401k with match, and an Employee Assistance Program (EAP).
  • We work hard and we recharge. With five weeks of Paid Time Off (PTO), eleven paid holidays, and summer hours, our employees have ample time throughout the year to spend with family and friends, traveling, or relaxing.
  • We are proud to support our employees and their growing families by offering ten weeks of paid maternity leave, four weeks of paid paternity leave, and three days of paid grandparents leave.
  • Both our newest and our most tenured employees are formally recognized. Our career milestones program ensures that our new team members feel welcome and rewards employees at five years, ten years, fifteen years, and beyond.
ONE Core Values
  • Continuous Improvement – Always design a better experience.
  • Customer Obsessed – Our reputation rests with our customer's experience.
  • Innovation – Unearth insights to think anew.
  • Integrity – Do the right thing. Treat others with respect.
  • Openness – Open to ideas and feedback. Act with transparency. Trust one another.
  • Ownership – Own your role and act when ownership is needed.

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