Develop and execute short and long-term strategic plans for cost improvement and supply security across the organization.
Establishing and maintaining measurable performance metrics for all levels of procurement activities to include but not limited to supplier performance, supplier quality, internal order placement performance, buyer activity levels, financial (AP) performance, and material shortage elimination.
Report to management the measurable status of progress and corrective actions as it pertains to supplier performance.
Ensure performance improvement and recovery plans are developed, issued, tracked and reported on as required for supply base management and improvement.
Negotiate and execute vendor contracts as needed to support the critical business needs.
Strategically develop and implement commodity/supply chain strategies covering all commodities, services and supplier processes throughout a global enterprise to deliver maximum value, leverage, and standardization.
Lead the organization within the scope of the strategic sourcing process to drive cost out of the supply chain by managing the following: Commodity and negotiation strategies including Terms and Conditions Supplier selection/de-selection, evaluation and rationalization of Supply chain solutions, including vendor managed inventory (VMI), supplier consignment, safety stock levels, etc.
Leads product development commodity strategies in line with company initiatives to improve supply chain efficiencies and reduce the total cost of supply chain management.
Drives usage of cost models to validate commodity strategies and to understand significant cost drivers.
Manages all activities that develop relationships with key suppliers.
Develops an overall vendor base which creates and sustains a competitive advantage, utilizing global market exploitation, leveraging spend, and leveraging of technologies.
Qualifications and Education:
Bacherlor's degree in supply management, finance or business preferred.
Minimum of ten years in management.
7-10 years progressive experience in Purchasing & Sourcing with extensive experience in the manufacturing industry, preferably in a strategic setting in a mid to large size organization.