Account Lead, Sourcing and Procurement

LogicSource is a collective of Strategic Sourcing and Procurement professionals that provide best in class solutions and technology for our clients.  Partnering alongside fortune 500 companies, it is our goal to inspire strategic partnerships while establishing strong execution to induce cost savings initiatives. We bring innovative resolutions with a transparent business model that sets us apart. Learn more about us at www.logicsource.com.

Reasons why you’ll love it here:

• An amazing culture with a team that supports one another, the opportunity to make a direct impact, and have fun along the way!
• We are experiencing rapid growth- come grow along with us.
• We work hard and play hard offering unlimited and flexible PTO.
• Phenomenal health, dental and vision benefits for you and your family (and we pay almost 90% of the premiums).
• Additional options for employer contributions to HSA, 401k match, Dependent Care FSA, short-term/long-term disability, life insurance and more.
• Business Casual, Flexible and hybrid office locations in both Westport, CT and Charleston, SC.

Position Summary:

We have an immediate opening for a full-time Account Lead, Sourcing and Procurement to manage Indirect account operations for our client. As a key member of our Client Services team, you will be responsible for leading and managing the development, execution and delivery of indirect sourcing and procurement projects to achieve set savings targets and drive down costs. This role will lead a LogicSource manager of sourcing as well collaborate with client procurement professionals while engaging with all relevant client business stakeholders and executive sponsors. The Account Lead will have responsibility for over $300MM in spend across the business and across all categories, including Marketing, Corporate Services, Facilities, Information Technology, FF&E, Tailspend, and Distribution & Logistics. In this capacity, the Managing Director will ensure the achievement of project execution plans and operational redesign initiatives to achieve 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 Engagement.

Responsibilities:

• Lead Indirect Spend project execution and delivery to assure immediate and ongoing Client value through cost reduction, market insights, strategic supplier relationship management and operational efficiencies.
• Build relationships with finance executive sponsors and business stakeholders to assure alignment of strategic project plans and achievement of overall savings targets
• Collaborate with the LogicSource Center of Excellence shared service team of sourcing and procurement professionals to execute sourcing strategies for all Indirect spend categories, including Facilities, FF&E, Corporate Services, Information Technology, Marketing Services, Print, Packaging & Distribution & Logistics.
• Identify, lead and drive business process and operational redesign activities. Closely collaborate with client FP&A stakeholders to assure realization of cost-reduction opportunities.
• Establish and oversee Indirect Spend program office and governance structure to assure alignment across client, PE owners, and achievement of savings goals​.  Assure client executive sponsorship of governance structure.
• Create immediate cost savings and next-level sourcing advantage for the client where spend and sourcing productivity have a future pipeline of value. 
• 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.
• Identify specifications improvement, cost containment, and value engineering opportunities
• Facilitate communication between client business units, internal stakeholders and suppliers for effective operation and delivery. Build business cases to influence stakeholders toward change.
• 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 
• Implement and deliver on a relationship governance calendar of weekly, monthly 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. 

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 retail and consumer-facing industries
• Strong financial acumen with multi-year experience building, managing and delivering against P&L’s
• This role will have high visibility to client executives where world-class communication skills and attention to detail are required
• Demonstrated success in managing vendors and experience in high-value contract negotiations
• Disciplined negotiator in complex sourcing or multi-dimensional businesses; ability to balance cost, cash, speed, and service considerations
• 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
• Ability to gain consensus across multiple business units company wide
• Strong problem solving and leadership skills
• Ability to successfully in that is comfortable in the details

Travel: This position will require less than 10% 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.