Strategic Sourcing Executive

3 weeks ago

Daphne, Alabama, United States BB INDUSTRIES Full time
{"title": "Senior Vice President, Strategic Sourcing", "description": "Job Summary

The Senior Vice President of Strategic Sourcing at BBB Industries is a key executive role responsible for leading global strategic sourcing, purchasing, and supplier development activities. This position oversees a total purchasing volume and manages purchasing teams located across the US, Mexico, Asia, and functionally in Europe.

Key Responsibilities
  • Lead global strategic sourcing, purchasing, and supplier development initiatives.
  • Oversee a purchasing volume of approximately $500 million, managing teams across the US, Mexico, Asia, and Europe.
  • Develop and execute annual cost reduction strategies, manage supply chain risks, and reduce dependency on critical components from China.
  • Consolidate the supply base and improve commercial terms, including negotiating longer payment terms and vendor stocking agreements.
  • Drive improvements in supplier quality, lead time reductions, and ensure ESG compliance and reporting.
  • Collaborate closely with Business Unit Presidents, CFOs, Product Managers, CEO, COO, Executive Commercial Leadership, Corporate Strategy, and Legal Departments.
  • Provide leadership and mentorship to VP and Director-level executives.
  • Support Mergers and Acquisitions activities.
  • Engage in international travel as required.
Qualifications
  • Global Strategic Sourcing:
    • Extensive experience in leading global sourcing strategies across multiple regions, including North America, Asia, and Europe.
    • Proven ability to manage and optimize a global supply chain, including experience in reducing dependency on single-source suppliers and managing supply chain risks.
  • Supplier Development and Management:
    • Track record of successfully developing and managing relationships with key suppliers, including negotiating favorable terms and ensuring supplier compliance with quality and ESG standards.
    • Experience in consolidating the supplier base and implementing supplier improvement programs focused on cost reduction, lead time improvements, and quality enhancement.
  • Cost Reduction and Procurement Strategy:
    • Demonstrated success in developing and executing cost reduction initiatives, including the ability to achieve significant savings through strategic sourcing and supplier negotiation.
    • Experience in crafting and implementing procurement strategies that align with broader business goals, including long-term financial planning and sustainability.
  • Leadership and Executive Collaboration:
    • Proven leadership in managing and mentoring senior-level executives, such as VPs and Directors, with a focus on driving performance and professional development.
    • Ability to collaborate effectively with C-suite executives, including CEOs, COOs, CFOs, and Business Unit Presidents, to align sourcing strategies with corporate objectives.
  • Change Management:
    • Experience in leading change management initiatives within the sourcing and procurement function, particularly in times of significant organizational transformation or restructuring.
", "lang_code": "en-US"}

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