Strategic Sourcing Director
4 days ago
About Revelyst:
We are a leading company in the industry, and we are looking for a highly skilled and experienced professional 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 overseeing the procurement department and ensuring the necessary infrastructure to execute strategic and transactional processes with the highest quality and agility.
Key Responsibilities:
- Provide strategic leadership to create the global procurement strategy, including supplier, commodity, and region segmentation, and develop policies, procedures, analytics, and spend management.
- Develop and implement procurement strategies that align with the company's objectives, managing the procurement budget, minimizing order quantities, and leading negotiations with suppliers.
- Responsible for supplier selection, contract management, and establishing strong relationships with key suppliers.
- Stay abreast of market, macro-economic, and commodity trends and innovations in procurement processes and technology to drive efficiency, effectiveness, and sustainability initiatives.
- Develop and lead a global team of procurement professionals, providing guidance and mentorship to ensure that the procurement department meets its short-term and long-term goals and objectives.
- Implement a strategic procurement process to improve quality, service, and effectively capture reductions in total cost of ownership.
- Analyze rising costs and recognize the effects of inflation to collaborate with Business Units/Platforms and Finance on proposing new pricing strategies to customers.
- Manage the implementation of the Procurement Center of Excellence (COE) in various domains, covering master data configuration, processes, and tools to ensure alignment with all relevant partners.
- Leverage data analytics and technology solutions to provide valuable insights for improving sourcing strategies and supplier relationships.
Requirements:
- Bachelor's degree; a Master's and procurement certification preferred.
- 10+ years of direct sourcing experience.
- 5+ years of indirect sourcing experience (i.e., professional services, MRO, travel, packaging, transportation, contractors, facilities, etc.).
- Strong global strategic sourcing background and experience with Apparel and Fabrics, Consumer Electronics, and Plastics in particular Asia and Latin America.
- Experience establishing new, professional procurement organizations globally, deploying strategy, and delivering year-over-year cost reduction of >5%.
- Ability to work across brands and business units to create horizontal and vertical sourcing leverage and synergies across design, quality, cost, and continuity of supply.
- Experience in designing and creating standard and optimal terms and conditions for various commodity categories through direct and indirect sourcing with global suppliers.
- Experience consolidating ERP systems and deploying transformational procurement processes and technology.
- Strong financial acumen and leadership competencies.
- Commodity index tracking and sourcing expertise.
- Experience in digital sourcing use cases, implementation, and technologies.
- Experience setting up sourcing organizations in Asia.
- Experience with quality management systems and setting up dock to stock programs.
- Preferred experience in cost Engineering.
- Ability to manage a 30+ dispersed quality organization.
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