Overview
Our client is seeking a key leader within their Procurement department. This role involves supervising the sourcing process, managing and developing supplier relationships, ensuring supplier quality, and overseeing commodity management. The ideal candidate will be the central point of contact for senior management on procurement matters, providing comprehensive guidance and insights to support strategic decision-making. Additionally, the candidate will continuously seek opportunities to enhance reliability and responsiveness within procurement processes.
Essential Duties and Responsibilities
- KPI Management: Define and ensure the attainment of world-class Key Performance Indicators (KPIs) in procurement operational metrics, such as supplier On-Time-In-Full (OTIF) performance.
- Sourcing Process Management: Effectively manage the sourcing process, fostering cross-functional collaboration throughout the extended supply chain, and aligning with corporate standards and tools.
- Cost Optimization: Champion and facilitate the implementation of programs aimed at optimizing savings and credit terms to enhance material cost and cash flow performance.
- Risk Management: Identify and address risks proactively, developing contingency plans to safeguard the delivery of distribution and production plans while upholding customer service levels.
- Vendor Management: Oversee the management and upkeep of vendors and material data integrity within ERP systems.
- Strategy Development: Contribute to the formulation of corporate Category Strategies and processes, incorporating supplier and product requirements.
- Market Analysis: Regularly communicate market price trends to the leadership team, providing valuable insights to inform business planning discussions.
Required Competencies
- Composure and Resilience: Manage pressure effectively, maintain concentration and determination, and sustain optimism and perseverance in challenging circumstances.
- Negotiation: Identify pivotal bargaining points and navigate discussions towards mutually beneficial outcomes.
- Relationship Building: Cultivate enduring professional connections built on trust, ensuring mutual commitment to the best interests of all parties.
- Coaching and Development: Provide structured support to guide direct reports, fostering an environment for growth across various competencies.
- Deliberative Decision Making: Collect, assess, and analyze pertinent information methodically before taking action.
- Driving Results: Inspire individuals to surpass objectives by instilling accountability, setting clear performance standards, aligning expectations, monitoring progress, and delivering timely feedback.
- Business Acumen: Make informed business judgments grounded in a comprehensive understanding of the company's business model, strategic objectives, relevant policies, and industry best practices.
Requirements
- Over 10 years of experience in Procurement/Supply Chain or related roles within a Manufacturing Environment, with at least 5 years in a managerial capacity.
- Bachelor's degree in Supply Chain, Business, or Engineering; Master's degree preferred.
- Proficient in analytical skills, with certifications such as Black Belt or Green Belt considered advantageous.
- Proven track record of leveraging data analysis and Business Intelligence tools to identify and seize opportunities.
- Demonstrated ability to lead effectively across organizational boundaries, fostering collaboration and achieving collective objectives.
- Strong commitment to developing team members, guiding them to enhance their capabilities and excel in their roles.
- Positive outlook and adept at cultivating value-driven relationships with suppliers.
- Experience in devising and implementing effective Key Performance Indicators (KPIs) and employing innovative strategies to address performance gaps.