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Director of Strategic Sourcing and Procurement

Company: Luminex Home D--cor & Fragrance
Location: Cincinnati
Posted on: November 11, 2019

Job Description:

POSITION DESCRIPTION The Director of Strategic Sourcing & Procurement is directly responsible for about $150 million of purchased goods and services across the corporation in a fast growing business. In addition, he/she will create, implement and lead a purchasing strategy to drive performance and deliver a minimum annual reduction of 2-3% on entire sourceable spend and upwards of 15% on categories that are new or have not been professionally sourced prior. PRIMARY DUTIES & RESPONSIBILITIES: -- Deliver procurement strategy for all supplier spend categories -- Design and align procurement processes and policies with business processes -- Minimize cost and maximize value in the procurement process via strategic sourcing, negotiations, should-cost modelling, etc. -- Implement procurement best practices for all services and commodities -- Develop negotiation strategies and lead/participate in negotiations with suppliers on price, delivery, terms, etc. -- Guide procurement staff on appropriate contract management, supplier performance management approaches and contract awarding processes -- Identification and development of current & new suppliers - supplier qualification, supplier performance requirements, supplier performance (technical and commercial) evaluation and providing ideas for quality, cost and technical improvement -- Ensure appropriate audit trails are embedded in procurement processes, for internal audit and performance management purposes -- Select, manage, coach and develop employees -- Develop characteristics of preferred suppliers including recognition -- Maintain an awareness of latest buying techniques & theories, best practices, trends, legislative issues and market competitiveness information -- Monitor activities against department objectives and submit performance reports to management -- Deliver processes, tools and expertise to support line management in achieving continuous improvement through all processes -- Identify process improvements and facilitate implementation -- Ensure compliance with policies and programs in alignment with sourcing strategy -- Ensure the effective delivery of initiatives, programs and directives in accordance with sourcing strategy and financial business plans -- Develop department budgets and drive the analysis of and review data, including budget/financial and performance metrics to support decisions related to programs, initiatives and directives -- Develop and deliver presentations to executives and others, as required on strategies, programs, practices and issues -- Interact cross-functionally with all other departments and serve as an effective and value-added service for the entire organization -- Support Community Commerce program as designed by the Office of the CEO REQUIREMENTS -- 10 Years procurement experience in a multi-concept environment -- Bachelors Degree from four year accredited University -- Minimum 3 years managing a procurement team -- Experience building a procurement organization from ground up -- 5+ years experience working with Operations, Accounting, Logistics and Supply Chain -- Experience with reverse auctions, e-sourcing, contract administration and framework agreements -- Experience with high-value, high-volume purchasing and contract negotiation experience across a range of services and commodities -- MBA preferred -- C.P.M. or C.P.S.M, Certification a plus -- Diversified experience in sales, operations, accounting, logistics and supply chain is ideal SPECIAL SKILLS REQUIRED The successful candidate for this position will be an outgoing strategic thinker who enjoys leading teams, will have strong business process experience, entrepreneurial, self-motivated, self-directed person who is adaptable and flexible to respond to a host of different challenges. Must have experience working with highly entrepreneurial and autonomous operating teams, must have very strong persauasive and leadership skills and equally strong collabration abilities. He/she must have very strong communication skills, an approachable personality, manage multiple projects, change priorities when needed, and be action-oriented. The successful candidate must have the ability to prioritize complex objectives, with decision criteria. He/she must be able to interact with all levels of management. Must be professional in appearance and conduct with both employees and customers.

Keywords: Luminex Home D--cor & Fragrance, Cincinnati , Director of Strategic Sourcing and Procurement, Professions , Cincinnati, Ohio

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