Strategic Sourcing Leader

5 days ago

Providence, Rhode Island, United States Revelyst Full time

About Revelyst

Revelyst is a leading company in the industry, and we are seeking a highly skilled and experienced professional to join our team as a Strategic Sourcing Leader. As a key member of our organization, you will play a critical role in driving our procurement strategy and ensuring the highest quality and agility in our processes.

Key Responsibilities:

  • Develop and implement a global procurement strategy that aligns with the company's objectives, managing the procurement budget, minimizing order quantities (MOQs), minimizing lead times, and leading negotiations with suppliers to achieve favorable terms.
  • Responsible for supplier selection (identifying new suppliers and managing existing suppliers), 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 for the organization 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.
  • Design and deploy industry-leading procurement processes and technology solutions to deliver quantified value across the enterprise of brands and platforms.

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.
  • Skilled in leading extensive negotiations, devising risk management strategies, and utilizing digital procurement solutions.
  • 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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