Vertical Sourcing Leader

Job Description

Job Description

Requirements:

The Vertical Sourcing Leader – Transportation is responsible for developing and driving the commodity strategy for Hardware, Machined and Fabricated Components, Mechanicals, and Electrical commodities globally. This position collaborates with Sourcing Management, Commodity Leaders, Supplier Development, and Buyers regionally to execute the overall strategy, with a focus on driving improvement in sales revenue, profitability, risk mitigation, supplier development, and supplier management. 

Primary Duties:

Develop and Execute the Commodity Strategy for the Transportation vertical, with an annual volume of ~$30MM.

Drive sourcing initiatives including cost reduction via best cost country (BCC) and vendor rationalization, single source reduction, on-time delivery and quality improvements, new supplier development, cash flow improvement, and supplier long term agreements

Build mutually beneficial, strategic relationships with suppliers globally in order to effectively meet cost out targets and localization requirements via supplier negotiations, long term agreements and new supplier development

Identify and execute on strategies to improve trade working capital and free cash flow through inventory optimization initiatives and extended payment term negotiations

Collaborate with all DSG Business Units and Acquisitions to identify synergy opportunities to leverage total spend and supplier relationships to improve operating results

Support ITO Leader and ITO Sourcing on New Program Implementation, collaborating on supplier selection and leveraging new programs to positively impact overall commodity strategy. Identify weak sub-commodities and develop new, competitive suppliers. 

Partner with Technical Sales Engineers to increase product cost out through product re-design, new manufacturing methods, or alternate source identification

Work together with purchasing department to assist in resolution of fulfillment, cost or quality escalations

Manage complex supplier contracts and strategic relationships

Analyze market conditions and cost drivers regularly, calculate impact to business and proactively communicate throughout procurement and branch field teams to avoid margin erosion

Build strong supplier partnerships through site visits, lunch & learns and capabilities overviews

Qualifications:

Efficient use of a PC, including superior skills in Microsoft Word, Excel, and the ability to effectively communicate via email, telephone and web-based presentations. 

Ability to read and understand technical drawings and specifications.

Strong leadership, communication and interpersonal skills required. Ability to partner with local leadership, sourcing specialists, and commercial leaders to effectively execute commodity strategy.

Strong analytical and reporting skills.

Experience negotiating Supplier Agreements and implementing/maintaining contract costs.

Minimum 5 Years of Experience in Sourcing / Supply Chain / or Procurement field

Bachelor's degree from four-year College or University or equivalent work experience