Vice President of Supply Chain
2 weeks ago
JOB SUMMARY:
Responsible for the control and operations of the Aftermarket Supply Chain, including the purchasing, planning, inventory analysis and inbound logistics. Develop policies, procedures, and objectives for the Company's supply chain in accordance with corporate objectives. This role will also oversee the development of new products within the organization. He or she will recommend improvements in the overall supply chain and product development process which will advance the interests of the corporation, including growth into new segments are vertical markets. Provide leadership for supplier sourcing and development, as well as promoting good interdepartmental relationships. This position has a fiduciary responsibility to both commit and monitor funds for all commodities.
ESSENTIAL FUNCTIONS:
· Proactively provide professional leadership and management across all components of the supply chain organization to ensure world-class standards of performance, efficiency, regulatory compliance, costing, and customer service.
· Optimize supply chain strategies across all Hercules US sites to support the organizations financial and strategic goals including high customer service levels and reduced product and logistics costs resulting in a competitive advantage for the company. This includes the minimization of stockouts that restrict revenue in fast paced Aftermarket environment.
· Develop and maintain relationships with supplier base to support organization needs. Determine optimal number of suppliers; lead supplier site visits. Identify and qualify new suppliers in support of sourcing requirements. Identify and source products to achieve product goals. Leverage purchasing volumes to improve product costs and efficiencies. Evaluate supplier performance and their proposals for suitability in attaining strategic goals. Negotiate terms of major contracts and blanket orders.
· Provide oversight and direction relevant to New Product Development of the Organization. Participate in cross functional meetings to understand market demands and prioritize product development strategy accordingly.
· Analyze inventory levels for all purchased parts to minimize inventory investment while avoiding shortages of necessary products.
· Proactively lead plans and programs to drive consistently high levels of performance by all key individuals and teams across the supply chain team.
· Interact with company personnel and external business representatives to enhance procurement activities and ensure that customer requirements are being fulfilled.
· Lead new product launch (NPI) and sales. Develop process that includes cross functional resources including engineering, procurement, operations, sales and marketing.
· Providing executive oversight to the engineering organization with responsibility for engineering execution across the portfolio and workforce management
· Works with Director of Engineering to optimize engineering processes and accelerating engineering practices, tools and metrics, while supporting digital engineering
· Responsible for leading and managing the development, implementation, maintenance, and evaluation of quality systems and processes throughout the organization
· Develop, track, and execute the plans for cross-functional supply chain related projects across all Company Divisions. Identify opportunities for improvement.
· Analyze market conditions to determine present and future material availability and price and prepares reports for top management.
· Publish to the organization monthly inventory status and purchasing metrics.
ENTRY LEVEL QUALIFICATIONS:
- Minimum 10 years supply chain management experience
· Bachelor’s degree in business or supply chain management
· Experience with hydraulic sealing products & cylinder applications is advantageous.
· High level and detailed Inventory control or planning experience is required.
· Detailed knowledge of quality management systems and standards such as ISO 9001
· Practical problem-solver using quantitative analytical skills.
· Extensive working knowledge in Microsoft Office: Excel, Word, PowerPoint & Outlook is required.
· APICS, CPIM and CSCP certifications are advantageous.
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