Director Of Sourcing
The role of Director of Sourcing is responsible for the end-to-end sourcing operations as well as oversee full sourcing process and decision making between vendors, products or services. Minimizes cost to help optimize the value from each purchase. Individual will prioritize purchasing initiatives while establishing policies and objectives that define the organizations sourcing strategies.
Position Performance Measures :
- Deliver annual Cost Savings back to the business through RFP / Tender Execution
- Develop and Execute multiyear Supplier and Country Diversification plan
- Lead Sourcing execution to ensure product availability across core product categories
- Lead supplier negotiations to mitigate cost inflation
- Responsible for leading Sourcing team alignment to effectively leverage US and Global Sourcing team resources, Sourcing US, Global Sourcing, Quality and Engineering
Responsibilities :
Responsible for end-to-end category Sourcing support which aligns to Merchandising strategyOwns factory and supplier identification and validation of Direct Import suppliersManages RFQ, RFP execution including ensuring accuracy of cost models and business financial projectionsResponsible to Develop and Deliver Annual Budget including Cost Out ExecutionDeliver on Supplier Diversification and Country Diversification MetricsActively Develop and Lead Cost Mitigation and Avoidance strategiesSME on Product Category and Global Supply baseOwns Category Global Tender Pipeline ExecutionPartner with Merchandising, Procurement to ensure flawless execution of Supplier and Product Onboarding, New Program LaunchesStrategic supplier management, responsible to negotiate Costs and Supplier Terms, Lead Times, Rebates and DiscountsSet strategies related to vendor assessments and purchasing terms and conditionsManage and communicate content updates to Executive staff to ensure full transparencyManage various projects and project schedules, ensuring key milestones and updates are being communicated to peersManage timely and orderly the flow of all production aspects, from project inception, internal and external reviews final product release.Create and maintain various reports to track shipments and vendor yield outputQualifications :
BS in Supply Chain Management or Business Administration or commensurate experience in sourcingStrong preference for international sourcing experienceAbility to manage projects and establish clear goals and accountabilities to ensure successful delivery (on time, within budget, meeting agreed upon success criteria)Understand demand and supplier trendsNegotiation skills a mustAdvanced working knowledge of Microsoft Office products (Excel, Outlook, PowerPoint, and Word), Internet search tools and web-site navigationStrong analytical, problem solving and financial modeling skillsAbility to multi-task and manage multiple priorities in a deadline driven environment while remaining organized.Must be self-motivated and detail orientedIndependent judgement is required to plan, prioritize, organize, and accomplish diversified work objectives.Excellent verbal and written communication skillsExcellent external and internal customer service skillsQuality Management Looks for ways to improve and promote quality, demonstrates accuracy and thoroughness both internally and externalExperience Requirements :
Requirements include but may not be limited to the following :Bachelor's Degree in Business Administration, Supply Chain Management or related discipline.Minimum 7-10 years within areas of Global Sourcing, Supply Chain and Category Management.Strong data entry skills and proficient with Microsoft Office Applications (Excel, Outlook, Word, Power Point, etc.) software is required.Sourcing, Purchasing experience is required. Ability to analyze and interpret common accounting procedures.Must have excellent phone, written and verbal communication skills to assist customers.Strong analytical and problem-solving skillsAbility to work independently and make decisions in accordance with business practices.Demonstrated ability to handle multiple tasks and assignments simultaneouslyEducational Requirements :
Bachelor's Degree in Business Administration, Supply Chain Management or related discipline.