Strategic Sourcing Director- Direct Materials & CapEx

The Director of Strategic Sourcing (Direct Materials and Capital Expenditures) is responsible for leading all aspects of strategic sourcing of Direct Materials and CapEx across the organization. This includes leading and developing a team of category managers and specialists to drive the development and execution of sourcing strategies. The Director will also develop key business partnerships and deliver value through innovative sourcing strategies that support the goals and objectives of the organization. The primary sourcing categories will be Pipe, Fittings, Castings, Tooling, Corrugators, Material Handling, Automation, Logistics, etc.

Primary Job Responsibilities:

The responsibilities of this position include, but are not limited to:

• Lead and develop a team of strategic sourcing professionals to drive and implement sourcing strategies that align with the business needs of the organization.
• Develop and execute strategies that deliver improvements in cost, quality, service, product innovation and support equipment standardization.
• Create and execute Supply Risk Management program and integrate into the organization’s Enterprise Risk Management strategy.
• Develop and deploy process for “Insourcing vs. Outsourcing” strategies in alignment with the required capital investments to optimize ROI.
• “Right Size” supply base, develop new suppliers as required, create preferred supplier programs and equipment lists per category of supply.
• Build Supplier Relationship Management frameworks to prioritize and align organizational resources.
• Facilitate Product Development & Manufacturing team’s innovation strategy through our vendor base.
• Partner with cross functional leadership team to develop the organizational strategy for Allied planning and procurement responsibilities.
• Support direct material procurement strategy, goals & objectives through sourcing strategies (supplier selection, management, etc.).
• Foster a culture of continuous improvement and excellence and create an environment oriented to trust, open communication, and innovative thinking.
• Promote development of the team’s skills, knowledge and ability related to strategic sourcing (strategy development, negotiation, communication, etc.).
• Develop and implement governance for purchasing of CapEx and Direct Materials.
• Work closely with cross-functional teams, such as product development, marketing, manufacturing and supply chain, to align sourcing strategies with business objectives.
• Work and communicate effectively across all levels of the organization.
• Evaluate and assess supplier performance, conducting regular supplier audits and implementing improvement plans as needed.
• Lead synergy efforts with JV’s, mergers and acquisitions to drive cost efficiency opportunities.
• Drive the Strategy Deployment process as a key member of the sourcing and procurement leadership team to deliver annual goals and objectives.

Job Skills

This position should possess the following skills/knowledge:

• Strong knowledge of global sourcing processes, strategies, and best practices.
• Experience with Enterprise Risk Management process.
• Experience in leading and influencing (without authority) cross functional and technical projects, interacting with peers and senior management.
• Demonstrated ability to develop and lead strategic sourcing team members.
• Experience managing Contract Manufacturing suppliers and conducting “Make vs. Buy” analysis.
• Excellent negotiation and communication skills, with the ability to build and maintain strong relationships with suppliers, inclusive of their executive leadership.
• Robust experience creating, negotiating, implementing and managing contracts.
• Strong project management and organizational skills with the ability to handle multiple priorities in a fast-paced environment.
• Experience with understanding, analyzing and forecasting key global commodity cost drivers.

Educational Requirements:

• Bachelor's degree in business, supply chain management, engineering, or a related field.

Preferred Experience:

• 10+ Years of progressive experience in sourcing and procurement with a manufacturing and/or engineering organization.

Physical Requirements:

• Travel up to 25%, with ability to travel internationally and domestically.