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