Sr. Manager, Strategic Sourcing, Indirect Spending and Capital Expenditures

Company: International Vitamin Corporation
Location: Greenville
Posted on: June 24, 2022

Job Description:

Overview The Sr. Manager of Strategic Sourcing, Indirect and Capital Expenditure Spending is a dynamic and results-driven leader who will direct, develop and implement the functional process competencies to plan, source and deliver vendors and cogs to ensure the organization attains the best value in the goods and services. This position provide leadership related to strategic procurement within the organization by collaborating with internal and external customers in tailoring strategies to leverage opportunities, mitigate obstacles and drive performance to meet businesss objectives. This position is responsible for negotiating to achieve desired outcomes, attending internal meetings to develop strategic policy within the organization and helping create and implement internal sourcing strategies and business best practice procedures. This position will be responsible for the definition, development and execution of multiple mid to highly complex comprehensive sourcing categories (Indirect spending category and capital expenditures). Responsibilities Spend management reviews purchase and acquisition needs of the organization to development indirect spending practice program Sourcing vendors both nationally and in regional markets to provide the best products/services at the best cost leveraging the companies buying power for indirect spending category. Develop a coherent strategic supplier management process including evaluation, selection & ongoing management including KPI's to effectively measure performance. Work closely with all departments including Finance and senior management to ensure procurement and spend control and processes stay aligned with overall business strategy Capability to ramp-up on new initiatives, demonstrated skills in leadership, influencing, planning, contract negotiations and teamwork while delivering results. Strong ability to partner with and influence key stakeholders both internally and externally, prior knowledge developing and executing strategic sourcing and supplier management strategies, ability to deal with a high tolerance of ambiguity, and to support multiple concurrent projects and activities. Strong data analysis and problem-solving skills Develop and recommend all policies and procedures relating to the purchasing and replenishment of supplies and forms Develop and implement organizational procurement policies and processes to ensure a consistent and standardized approach and to drive improvements and efficiencies in procurement activities. Develop, direct and manage a total cost of ownership strategy: identify and establish supplier alliance programs, develop and measure key performance indicators and supplier scorecard. Experience with strategic sourcing from major suppliers including RFI/RFP, Product SOW Agreements, Long Term Supply and Pricing Agreements, Master Supply Agreements, Ongoing Supplier Performance Reviews. Lead the research and analysis of market trends and best practice to ensure sourcing and procurement strategies and approaches are current, risks are identified. Provide leadership, direction and expert advice to key stakeholders on all aspects of procurement to encourage innovative practices to support the needs of the business. Build and manage relationships with key stakeholders to provide strategic insights on business needs, resolve complex issues, and deliver high performance cost, service and quality outcomes. Strong negotiation skills and strategies, including distribution contracts and agreements of significant complexity and ability to write complex distribution agreements to protect the company's interests. Establish performance standards and evaluation processes to assess and report on procurement activity in terms of progress, results, customer satisfaction, value and cost. Develop and lead project management through a structured sourcing process (category strategy, planning, material exposure and inventory management) Identify and realize cost saving, customer service and process opportunities Monitor the industry and bring strong business practices to the company to improve overall performance Implement ongoing process improvement strategies to streamline sourcing and procurement processes to ensure that the direction of strategic sourcing initiatives is aligned with organizational business plans and performance objectives. Research vendors to determine which suppliers have the best prices, reliability, and quality. Manage a company's purchase of supplies and lead the development and implementation of procurement strategies. Lead efforts to improve supply chain efficiency, maintain product quality standards, and reduce costs. Qualifications Knowledge of purchasing strategies, supply chain management, and inventory forecasting, planning and allocation required, along with strong relationship building, negotiation, analytical and program management skills. Excellent interpersonal, written and verbal communication skills Demonstrated high ethical standards Ability to resolve problems and provide creative solutions Consistently achieves timely, desired results through proactive prioritization and project management Strong Microsoft Word and Excel skills required. 5 years of indirect spending sourcing or purchasing experiences Demonstrated record of exceeding goals in cost saving and supplier performance Demonstrated record of developing relationships with suppliers that has led to improved quality and overall cost reduction Education: Bachelors Degree or above PREFERRED QUALIFICATIONS: Bachelors degree required in business, purchasing or related field along with a minimum of years of purchasing experience, or an equivalent combination of education and experience. Certified Purchasing Management designation preferred. Proven record of managing business level capital expenditure projects Prefer VMS, Nutritional, OTC manufacturing experience 8-12 years of successful strategic sourcing expertise including managing direct reports. Proven ability to develop and lead complex strategic sourcing strategies and initiatives to deliver significant business impact. Proven ability working with business leaders, stakeholders and internal operations teams, ability to lead high-performance teams and build strong and lasting partnerships. Demonstrated ability to work successfully in a highly matrixed environment. PM20

Keywords: International Vitamin Corporation, Montgomery , Sr. Manager, Strategic Sourcing, Indirect Spending and Capital Expenditures, Executive , Greenville, Alabama