Wells Enterprises Senior Sourcing Manager in Le Mars, Iowa
The Senior Sourcing Manager is responsible for leading and developing strategic procurement sourcing activities for our Ingredients team, including negotiations, contract and project management, spend analysis, sourcing, and continuous improvement initiatives through total cost of ownership. They will effectively develop, coach and mentor his/her direct reports.
Lead the development; implementation and alignment of sourcing strategies and supplier network capabilities for spend categories to achieve business objectives. Responsible for securing materials at the lowest total cost of ownership (TCO) through competitive analysis of bids, and all other costs of ownership. Responsible for establishing risk mitigation strategies to minimize concerns with materials, delivery or supplier relationships.
Lead a team of five or more direct reports.
Develop annual cost savings programs and implement strategies that directly effects company financial results. Create, advocate, lead and implement sourcing and negotiation strategies for key spend areas to achieve short and long term savings targets. Manages areas of responsibility while driving continuous improvement and develop and implement protocols and practices to ensure effectiveness and efficiencies of strategic initiatives. Mitigates costs increases with creative solutions based on supply chain leveraging, manufacturing changes, vendor shifts, and cost engineering.
Demonstrate full knowledge and serve as a leader for assigned categories of spend. Provide, Director, Procurement Strategic Sourcing, and other cross functional team members plans to establish both short and long-term commodity strategies.
Responsible for effectively negotiating with suppliers and coaching others to do the same. Govern the development and execution of contracts and agreements, with suppliers. Contractually securing materials and/or services within spending authority guidelines.
Responsible for setting and delivering budgeted plans for all direct and indirect items identified within the scope of the role, and report monthly on performance. Timely communication to key personnel of any major shifts in market place activity that may positively or negatively impact the organization.
Select, maintain and manage a supplier base that is financially sound, technically competent, and strategically aligned, including supplier performance standards and measurements. Evaluate supplier capabilities and establish sources for new technologies and new markets dictated by business requirements. Analyze industry trends and evolving technology to proactively identify supply base issues to mitigate issues to minimize risk, protect continuity of supply, and exploit emerging opportunities that benefit Wells.
May be responsible for the developing personnel to include partnering with employees to develop and execute Performance Development Plans, attainment of professional goals and access to appropriate formal and informal learn experiences.
Requisition ID : 2206187