Position Summary:
We have an immediate opening for a full time Managing Director, Sourcing and Procurement- Indirect at our client. 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 across all Indirect Categories including Corporate Services, Distribution & Logistics, Marketing, Information Technology, Facilities & FF&E, and Packaging. 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:
- 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
- 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
- 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
