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Managing Director, Sourcing & Procurement

Company: LogicSource
Location: Bradenton
Posted on: October 11, 2019

Job Description:

Managing Director, Sourcing and Procurement

Bradenton, FL

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 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 Managing 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 Managing 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.

Responsibilities



  • Lead 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.
  • Establish and oversee indirect spend governance structure to assure alignment across client and achievement of savings goals?. Assure client executive sponsorship of governance structure. Drive productive governance process each month across business categories that bring to center needed business decision making, scenario analyses and value propositions, and whilst ensuring all client business parties represent and remain engaged.

  • 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

  • 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, cost containment, and value engineering opportunities
  • Implement better understanding of cost structures and application of clean-cost sheet planning to indirect category pricing. Mine for appropriate supplier and sub-category opportunities to unlock incremental savings
  • Facilitate communication between client business units, internal stakeholders and suppliers for effective operation and delivery. Build business cases to influence stakeholders toward change
  • Provide leadership, mentoring and support to onsite and cross-functional teams to ensure they understand their roles and interdependence in the delivery of sustainable services
  • Create procurement and requisitioning standard operating procedures to ensure procurement activities comply with best in class policies and procedures including legal and regulatory
  • Continuously improve sourcing processes, drive cost reduction, and shape the future supply chain
  • Identify trends and develop solutions for problems causing under-delivery
  • Build and effectively maintain relationships within all organizational levels, including the C-Suite, delivering on client service objectives

  • Develop and deliver ongoing client status updates including quarterly business reviews.
  • Learn and adapt to client's culture while maintaining cultural standards of LogicSource
  • Monitor project progress and provide effective status reporting, develop with onsite teams' effective protocols on savings calculation, job and task sharing, and information exchange.
  • Understand industry trends and growth sectors for LogicSource's expansion considerations
  • Facilitate communication between client business units, internal stakeholders, and suppliers

    Required Education and Experience



    • Bachelor's degree required, Master's degree preferred
    • Minimum of 15 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 industries
    • Strong financial acumen with multi-year experience building, managing and delivering against P&L's
    • A polished presenter of information and ideas, both formally and informally
    • Demonstrated success in managing vendors and experience in high-value contract negotiations
    • Highly 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 service
    • Demonstrated executive presence and ability to develop relationships, communicate effectively and influence senior level management
    • Proficient in MS Office applications including Excel/financial analysis and PowerPoint/presentations
    • Proven Innovator with significant demonstrated experience in driving operational and organizational change management
    • Strong problem solving and leadership skills
    • Ability to successfully function at a strategic level as well as a hands-on tactical individual contributor that is comfortable in the details

      Travel

      This position may require occasional travel.

      Other Duties

      This position description is not an exhaustive list of the duties and responsibilities, and the employee is expected to perform other duties as necessary and assigned. The duties and responsibilities of this position may be modified at any time to meet changing business needs.

      Managing Director, Sourcing and Procurement

      Bradenton, FL

      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 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 Managing 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 Managing 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.

      Responsibilities



      • Lead 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.
      • Establish and oversee indirect spend governance structure to assure alignment across client and achievement of savings goals?. Assure client executive sponsorship of governance structure. Drive productive governance process each month across business categories that bring to center needed business decision making, scenario analyses and value propositions, and whilst ensuring all client business parties represent and remain engaged.

      • 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

      • 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, cost containment, and value engineering opportunities
      • Implement better understanding of cost structures and application of clean-cost sheet planning to indirect category pricing. Mine for appropriate supplier and sub-category opportunities to unlock incremental savings
      • Facilitate communication between client business units, internal stakeholders and suppliers for effective operation and delivery. Build business cases to influence stakeholders toward change
      • Provide leadership, mentoring and support to onsite and cross-functional teams to ensure they understand their roles and interdependence in the delivery of sustainable services
      • Create procurement and requisitioning standard operating procedures to ensure procurement activities comply with best in class policies and procedures including legal and regulatory
      • Continuously improve sourcing processes, drive cost reduction, and shape the future supply chain
      • Identify trends and develop solutions for problems causing under-delivery
      • Build and effectively maintain relationships within all organizational levels, including the C-Suite, delivering on client service objectives

      • Develop and deliver ongoing client status updates including quarterly business reviews.
      • Learn and adapt to client's culture while maintaining cultural standards of LogicSource
      • Monitor project progress and provide effective status reporting, develop with onsite teams' effective protocols on savings calculation, job and task sharing, and information exchange.
      • Understand industry trends and growth sectors for LogicSource's expansion considerations
      • Facilitate communication between client business units, internal stakeholders, and suppliers

        Required Education and Experience



        • Bachelor's degree required, Master's degree preferred
        • Minimum of 15 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 industries
        • Strong financial acumen with multi-year experience building, managing and delivering against P&L's
        • A polished presenter of information and ideas, both formally and informally
        • Demonstrated success in managing vendors and experience in high-value contract negotiations
        • Highly 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 service
        • Demonstrated executive presence and ability to develop relationships, communicate effectively and influence senior level management
        • Proficient in MS Office applications including Excel/financial analysis and PowerPoint/presentations
        • Proven Innovator with significant demonstrated experience in driving operational and organizational change management
        • Strong problem solving and leadership skills
        • Ability to successfully function at a strategic level as well as a hands-on tactical individual contributor that is comfortable in the details

          Travel

          This position may require occasional travel.

          Other Duties

          This position description is not an exhaustive list of the duties and responsibilities, and the employee is expected to perform other duties as necessary and assigned. The duties and responsibilities of this position may be modified at any time to meet changing business needs.

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

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