Chief Sourcing Officer
1 week ago
This opportunity is hosted by Jobot.
About Us:
We are a rapidly expanding, privately held manufacturing organization with a cutting-edge facility. As we continue to grow, we are in search of a Director of Strategic Sourcing. If you are eager to contribute to a collaborative team environment and make a significant impact, we encourage you to consider this role.
Why Join Our Team?
- Profit Sharing Opportunities
- Comprehensive Health Benefits
- Paid Time Off
- Strong Team Environment
- Backed by Private Equity / Well-Funded
Position Overview:
We are looking for a dynamic and seasoned Director of Strategic Sourcing to join our team. This pivotal role is essential to our manufacturing operations, where you will be tasked with formulating and executing strategic sourcing initiatives to guarantee the effective procurement of raw materials and contract manufacturing services. A deep understanding of global sourcing, commodity management, and risk management is crucial for success in this position. If you possess strategic insight and a robust background in supply chain operations and vendor management, we would be eager to connect with you.
Key Responsibilities:
1. Formulate and execute strategic sourcing initiatives to ensure effective procurement of raw materials and contract manufacturing services.
2. Oversee vendor management processes, including conducting quality reviews and nurturing supplier relationships.
3. Establish goals and objectives for the sourcing department and track progress using KPI dashboards.
4. Supervise the implementation and utilization of ERP systems within the sourcing department.
5. Manage risks associated with sourcing and procurement activities.
6. Lead the commodity management process to secure optimal pricing and quality for raw materials.
7. Collaborate with various departments to align sourcing strategies with overall business goals.
8. Stay informed about trends and innovations in the nutraceutical and dietary supplement sectors and integrate this knowledge into sourcing strategies.
9. Manage a team of sourcing professionals, providing necessary guidance and support.
10. Ensure compliance with all regulatory standards related to sourcing and procurement activities.
Qualifications:
1. Bachelor's degree in Business, Supply Chain Management, or a related field; Master's degree preferred.
2. At least 5 years of experience in strategic sourcing or a related role within the manufacturing sector.
3. CSP Certification and APICS Certification are mandatory.
4. Strong familiarity with ERP systems and their application in sourcing contexts.
5. Proven expertise in vendor management and commodity management.
6. Comprehensive understanding of supply chain operations, including procurement, contract manufacturing, and global sourcing.
7. Experience in the nutraceutical or dietary supplement industry is a significant advantage.
8. Strong leadership capabilities with experience in team management.
9. Excellent strategic thinking and problem-solving abilities.
10. Strong negotiation skills and the capacity to cultivate and maintain robust supplier relationships.
11. Knowledge of risk management principles and practices as they pertain to sourcing and procurement activities.
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