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Global Sourcing Lead

1 month ago

Bullhead City, Arizona, United States LifePoint Full time
Job Summary:

The Judge Group is seeking a skilled Global Sourcing Lead to develop and implement optimal sourcing strategies, ensuring maximum value from vendors. This role involves leading the procurement and vendor management strategy, establishing internal and external policies, and managing vendor relationships. The ideal candidate will have a strong background in vendor management, experience working with senior leadership, and excellent communication skills.

Key Responsibilities:
  • Develop and lead the procurement and vendor management strategy, ensuring all vendors deliver maximum value through their services.
  • Establish a Global procurement program, including internal and external policies, standards, processes, and templates for working with vendors.
  • Understand vendor spending by category, cost center, region, and vendor.
  • Classify, rationalize, and optimize the vendor portfolio, focusing on managing the most strategic vendors.
  • Manage regular senior-level collaborative meetings between vendors and clients.
  • Create contract, performance, relationship, and risk management procedures.
  • Ensure clear metrics across all key performance indicators (KPIs) for strong performance management.
  • Manage personnel related to vendor relationships, contract, and commercial terms and conditions, and product or service performance.
  • Analyze vendor delivery problem areas and help resolve issues and disputes.
  • Manage the communications process with vendors.
  • Develop reporting for vendor performance in areas including quality, capacity, and responsiveness.
  • Collect constituent reporting requirements and develop vendor scorecards and dashboards presenting relevant data tailored to the audience.
  • Focus vendor performance metrics on technical, process, and business outcomes, such as innovation, competitive advantage, and increased revenue.
  • Define and hold strategic vendors to higher performance standards and drive continuous improvement.
  • Inform vendor managers/procurement and business operations about information gleaned from market investigation reports on sourcing methods, products, and potential vendors, and while conducting vendor analysis.
  • Mitigate, monitor, and manage vendor risks.
  • Conduct due diligence on vendors to confirm financial viability, business continuity, and corporate and regulatory compliance.
  • Assess and report on the risk level of vendors based on financial, skills, tools, and the use of third parties.
  • Establish a matrixed Global Operating Model for Vendor management.
  • Provide appropriate support/training to internal staff managing individual vendor accounts.
  • Drive a focused culture through performance targets, one-on-ones, a clear engagement strategy, and regular performance reviews, ensuring the right person is in the right role based on their skills and competencies.

Qualifications & Requirements:
  • Bachelor's Degree Required.
  • 5+ years of experience in Vendor Management.
  • Hands-on experience developing a Global procurement program.
  • Experience working with senior leadership and stakeholders providing status updates and meetings.
  • Ability to communicate effectively and clearly and provide training to internal staff.

Contact:
This job and many more are available through The Judge Group. Find us on the web.