Managing Director, Sourcing and Procurement

Company: LogicSource
Location: Bradenton
Posted on: May 7, 2020

Job Description:

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 SummaryWe have an immediate opening for a full-time Director of Indirect Procurement at our Retail client, located in Bradenton, FL. 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 a brand new team of procurement professionals while engaging with all relevant Client Stakeholders and Executive Sponsors. The Director will have responsibility for $359MM in spend across indirect categories including Distribution & Logistics, Marketing, Information Technology, Facilities, Store FF&E, Packaging and Corporate Service. In this capacity, the Director will assure achievement of aggressive category management plans, operational redesign, 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.ResponsibilitiesLead Indirect Spend category management, responsible for LogicSource's 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.Build a new indirect procurement organization, establish and manage the LogicSource onsite team of 5 full-time employees to execute category management strategies for all indirect spend categories, including (but not limited to) Distribution & Logistics, Marketing, IT and Facilities.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.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 modelsCreate immediate cost savings and next-level sourcing advantage for the client where spend and sourcing productivity have a future pipeline of valueIdentify 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 plansCoordinate 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 deliveryLead development and execution of total cost analysis where both price risk management strategies and value chain analysis can deliver predictable costsIdentify specifications improvement, cost containment, and value engineering opportunitiesCreate procurement and requisitioning standard operating procedures to ensure procurement activities comply with best in class policies and procedures including legal and regulatoryIdentify trends and develop solutions for problems causing under-deliveryBuild and effectively maintain relationships within all organizational levels, including the C-Suite, delivering on client service objectivesDevelop and deliver ongoing client status updates including quarterly business reviews.Learn and adapt to clients culture while maintaining cultural standards of LogicSourceMonitor project progress and provide effective status reporting, develop with onsite teams' effective protocols on savings calculation, job and task sharing, and information exchange.Required Education and ExperienceBachelor's degree required, Master's degree preferredMinimum of 10 years or progressive leadership experience in strategic sourcing & procurement across a broad set of indirect categories, preference provided to candidates from restaurant and consumer-facing industriesStrong financial acumen with multi-year experience building, managing and delivering against P&L'sA polished presenter of information and ideas, both formally and informallyDemonstrated success in managing vendors and experience in high-value contract negotiationsHighly skilled diplomatic and consensus building type witih a proven track record of leading synergistic projects and harmonizing disparate business teams.Entrepreneurial aptitude with a commitment to client serviceDemonstrated executive presence and ability to develop relationships, communicate effectively and influence senior level managementProficient in MS Office applications including Excel/financial analysis and PowerPoint/presentationsProven Innovator with significant demonstrated experience in driving operational and organizational change managementStrong problem solving and leadership skillsAbility to successfully function at a strategic level as well as a hands-on tactical individual contributor that is comfortable in the detailsTravelThis position may require occasional travel.

Keywords: LogicSource, Bradenton , Managing Director, Sourcing and Procurement, Executive , Bradenton, Florida