Strategic Sourcing Director
5 days ago
We are seeking a highly experienced and strategic leader to join our team as a Senior Director, Purchasing at HPDI Technology LP. As a key member of our organization, you will be responsible for leading and directing all facets of our global purchasing function, including procurement and supplier relationship management.
Key Responsibilities
- Strategic Sourcing: Develop and implement long-term sourcing strategies to ensure efficiency and effectiveness in our purchasing operations.
- Supplier Management: Identify and cultivate global supplier relationships with suppliers located across North America, Europe, and China.
- Cost Management: Develop cost reduction strategies and initiatives to improve the overall cost efficiency of our supply chain.
- Risk Management: Identify and mitigate risks within our supply chain, and develop contingency plans for critical components and suppliers.
- Market Analysis: Monitor market trends and conduct material cost analysis to inform purchasing decisions.
- Supplier Performance: Conduct regular supplier performance reviews and audits to ensure supplier performance meets compliance and contractual obligations.
- Negotiation: Lead complex negotiations with suppliers to secure favorable terms and conditions, ensuring contracts meet legal and regulatory requirements.
- Process Improvement: Proactively implement corrective actions, manage re-negotiations, and amendments as required.
- Collaboration: Collaborate with production to manage inventory levels and optimize inventory strategies.
- Procurement Management: Manage all aspects of procurement activities, and ensure adherence to processes and protocols.
- Supply Chain Innovation: Design and implement innovative supply chain models to meet changing organizational demands.
- Reporting: Develop and present detailed monthly reports on Key Performance Indicators (KPIs), forecasting, and addressing key variances as necessary.
- System Management: Manage and optimize the JD Edwards ERP system related to purchasing functions, enhancing processes and tools as necessary.
- Supplier Relationship Management: Cultivate and strengthen key strategic supplier relationships, negotiate critical agreements, and streamline the supplier base to optimize efficiency and effectiveness.
- Purchasing Expertise: Contribute purchasing expertise to both internal and external development projects, coordinate with global teams to ensure alignment of purchasing strategies and practices.
- Team Leadership: Lead and mentor the global purchasing team, fostering a culture of continuous improvement and professional growth.
Requirements
- Bachelor's degree in Business, Engineering, Supply Chain Management, or similar.
- Minimum of 10-15 years of experience in strategic sourcing and procurement management within the automotive or technology industry, with at least 3-5 years in a leadership role.
- Proven experience working with suppliers located in North America, Europe, and China is an asset.
- Proven experience in strategic sourcing and procurement management within the automotive or tech industry.
- A track record of achieving cost savings.
- In-depth knowledge of supply chain management, contract law, and industry regulations.
- Familiarity with ERP systems and advanced proficiency in data analytics tools.
Competencies
- Strong leadership skills and the ability to manage and develop a team.
- Strategic thinking: Develop and implement long-term sourcing strategies.
- Negotiation skills: Negotiate favorable terms with suppliers.
- Excellent problem-solving and analytical abilities to leverage data to drive decisions.
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