Managing Director, Sourcing
4 weeks ago
Overview:
**LogicSource Overview**
LogicSource is an innovative leader in sourcing and procurement services, we help companies increase profits through better buying. LogicSource® is owned and operated by an experienced group of global business veterans who came together under a common goal to radically change the way sourcing and procurement works. We’ve reinvented sourcing and procurement with an execution-based, fully transparent business model that ensures our clients don’t spend a dime until they see results.
Our people gain exposure to projects and clients spanning a broad set of categories across multiple industries. Opportunities abound for getting involved, whether working across functions or learning a new category.
Our business model reflects our culture - radically different and filled with opportunity to make a difference. Our professionals enjoy the intellectual stimulation, challenge and satisfaction that only a sophisticated organization, coupled with relevant and meaningful business challenges to solve, can afford.
**Position Summary**:
We have an immediate opening for a full time Managing Director, Sourcing and Procurement - Indirect at our retail client in Vancouver, BC. As a key member of our Client Services team you will be responsible for leading and managing the indirect sourcing and procurement business function. This role will lead an existing and expanding team of procurement professionals while engaging with all relevant client stakeholders and executive sponsors. The Managing Director will have responsibility for $300MM+ in spend across Indirect Categories including Distribution and Logistics, Marketing, IT, Packaging, and Professional Services. In this capacity, the Managing Director will assure achievement of aggressive category management plans, operational redesign and process improvements and savings goals. This role will establish the overall Indirect Spend governance structure in collaboration with Senior Client Executive Sponsors. This position will report directly to LogicSource’s Managing Partner, Client Services.
**Responsibilities**:
**Responsibilities**:
- Lead Indirect Spend category management, strategic sourcing and procurement operations responsible for LogicSource’s Sourcing and Procurement Transformation program to assure immediate and ongoing Client value through cost reduction, market insights, strategic supplier relationship management and operational efficiencies.
- Build relationships with business unit executive sponsors and stakeholders to assure alignment of Indirect Category Management plans and achievement of overall savings targets
- Collaborate with the LogicSource Center of Excellence shared service team of sourcing and procurement professionals to execute sourcing strategies for all Indirect Spend categories, including Distribution & Logistics, Marketing, IT, Packaging, and Professional Services.
- Identify, lead and drive business process in-source/outsource and operational redesign activities. Closely collaborate with client stakeholders to assure realization of cost-reduction opportunities.
- Drive the Change Management program to influence behaviors across the business to align with a mature procurement model and assure timely execution of sourcing events.
- Establish and oversee Indirect Spend program office and governance structure to assure alignment across client and achievement of savings goals. Assure client executive sponsorship of governance structure.
- Build a comprehensive procurement tool box: negotiation plans to support strategic sourcing, should-cost models, volume aggregation or bundling, competitive bidding, demand management, identification of new supply models, innovation, cross-portfolio leveraging, co-sourcing, tendering, low cost country models.
- Create immediate cost savings and next-level sourcing advantage for the client where spend and sourcing productivity have a future pipeline of value.
- Identify and implement a sourcing prioritization model driven by both benchmarking and category price to value analysis. Lead decision-making and broad team resource planning to staff sourcing plans.
- Ensure effective roll-out and utilization of OneMarket Technology Sourcing & Procurement modules: Insights, Portfolio, Sourcing and Contracts for Sourcing & Procurement team, and client stakeholders where applicable
- Coordinate and oversee LogicSource’s Center of Excellence (COE) resources to drive savings opportunities and effectively manage vendor partners to maintain the highest standards for quality and delivery
- Lead development and execution of total cost analysis where both price risk management strategies and value chain analysis can deliver predictable costs.
- Exercise leadership into the sourcing team optimizing human and informational resources to best manage category outcomes. Effectively analyze path to value so that savings dilution or leakage does not occur.
- Identify specifications improvement,
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