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VP, Strategic Sourcing

ExtendMyTeam
locationMiami, FL, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

We are looking for an VP, Strategic Sourcing to join our team in a role based in Miami, FL at our HQ. The selected candidate will be responsible for running the company's Strategic Sourcing function to deliver and run a robust, resilient and efficient sourcing strategy.

Responsibilities to include:

  • Develop and execute a strategic procurement plan that aligns with the company's overall business objectives, ensuring cost-effective product pricing with consideration for supply chain impacts
  • Lead and manage the sourcing teams, fostering a culture of continuous improvement and professional development
  • Negotiate best-in-class pricing and terms with all vendors
  • Identify and implement best practices, processes, and tools to streamline procurement operations and maximize efficiency
  • Collaborate with supply chain to ensure strategy optimizes price breaks and inventory holdings
  • Establish and maintain strong relationships with suppliers, negotiating favorable contracts, and ensuring a reliable supply of high-quality products and services
  • Collaborate with cross-functional teams to identify and mitigate supply chain risks, ensuring the uninterrupted flow of goods and services
  • Monitor industry trends and market conditions, adapting procurement strategies as needed to capitalize on opportunities and address challenges
  • Develop and manage annual procurement budgets, ensuring cost control and compliance with financial targets
  • Implement and maintain procurement policies and procedures, ensuring adherence to legal and regulatory requirements
  • Continuously evaluate supplier performance, implementing corrective actions and continuous improvement plans as needed
  • Other duties as assigned

What You Will Need

  • Bachelor's Degree in engineering, business, or finance plus at least 7-10+ years of supply chain and sourcing experience
  • Hands on analyst who can dissect complex systems and derive interdependencies
  • Strong leadership and presence
  • Strong negotiation abilities
  • Deep knowledge and understanding of business financials
  • Strong data analytical skills
  • Excellent written and verbal presentation and communication skills
  • Strong technical system skills with experience working within ERP and WMS platforms
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