Vertical Sourcing Leader

Gexpro Services; Erie (Erie County); On-site; USD 110,000 - 170,000; Full time

Job summary

Gexpro Services is seeking a Vertical Sourcing Leader for Transportation to develop and drive the commodity strategy across global hardware, machined and fabricated components, mechanicals and electrical spend. You will collaborate with Sourcing Management, Commodity Leaders and regional buyers to improve sales revenue, profitability, risk mitigation and supplier development.

You will lead strategic supplier relationships, negotiate long-term agreements, and push for improvements in cash flow

Qualifications

• Proven leadership and strong communication with cross-functional teams.
• Excellent analytical reporting skills and ability to read technical drawings.
• Experience negotiating supplier agreements and managing contract costs.
• Minimum 5 years in Sourcing / Supply Chain / Procurement.
• Bachelor's degree from four-year college or university or equivalent work experience.

Responsibilities

• Develop and Execute the Commodity Strategy for Transportation with ~$30MM annual volume.
• Drive sourcing initiatives: cost reduction, supplier rationalization, on-time delivery and quality improvements.
• Build strategic supplier relationships to meet cost and localization targets.
• Improve trade working capital via inventory optimization and extended payment terms.
• Collaborate with DSG Business Units to leverage total spend and supplier relationships.
• Support New Program Implementation with supplier selection for new programs.
• Partner with Technical Sales Engineers to reduce product costs through redesign or alternate sourcing.
• Work with purchasing to resolve fulfillment, cost or quality escalations.
• Manage complex supplier contracts and strategic relationships.
• Analyze market conditions and cost drivers to avoid margin erosion.
• Build strong supplier partnerships through site visits and capabilities overview.

Skills

Communication

Leadership

Analytical skills

Excel

Word

Negotiation

Technical reading

Education

Bachelor's degree

Job description

Gexpro Services

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

Equal employment opportunity, including veterans and individuals with disabilities.

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