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Senior Vice President of Procurement and Strategic Sourcing

2 months ago

Little Rock, Arkansas, United States LHH Full time
Senior Vice President, Procurement and Planning

LHH is seeking a seasoned Senior Vice President of Procurement and Planning to drive cost efficiency, manage vendor relationships, and oversee the procurement of all non-commodity items across our manufacturing facilities.

Key Responsibilities:
  • Performance Metrics: Establish and maintain performance metrics for procurement, planning/scheduling, and co-manufacturing activities, including supplier performance and quality, order placement, forecast accuracy, and material shortage elimination.
  • Cross-Functional Leadership: Collaborate with multiple departments to commercialize new products and customers, optimize product lifecycle processes, and draft and implement procurement policies.
  • Supply Chain Setup: Set up new supply chains and manage outsourced manufacturing relationships through contract execution and administration.
  • S&OP Process: Lead and standardize the Sales & Operation Planning (S&OP) process, ensuring cross-functional engagement and participation.
  • Best Practices: Develop and integrate best business practices for supply chain planning and scheduling across all domestic manufacturing facilities.
  • Supplier Partnership: Foster strong partnerships with suppliers to ensure product and service standards are met or exceeded, managing supplier performance through a formalized relationship management program.
  • Resource Planning: Develop and manage procurement budgets, forecasts, and financial plans.
  • Strategic Sourcing: Lead strategic sourcing and supplier relationship management for ingredients, packaging, and indirect goods and services.
  • Cross-Functional Collaboration: Partner with Operations and Finance teams to identify and implement continuous improvement opportunities to reduce costs and inventory.
  • Risk Management: Work with the EVP of Supply Chain to define risk management and financial reporting systems.
  • Talent Development: Build, develop, and retain a high-performing team, driving performance and talent management initiatives.
Qualifications:
  • 15+ years of experience in Supply Chain management, with a focus on commodities processing.
  • Bachelor's degree or higher in Business, Finance, Supply Chain, Food Science, or a related field.
  • Advanced understanding of inventory management, sourcing, and services procurement.
  • Proven management experience in commodities procurement, trading, and logistics within the food and beverage sector. Knowledge of futures and options trading is a plus.
  • Budgeting and financial planning experience required.