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Become A Director Of Strategic Sourcing

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Working As A Director Of Strategic Sourcing

  • Resolving Conflicts and Negotiating with Others
  • Communicating with Persons Outside Organization
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Getting Information
  • Deal with People

  • Mostly Sitting

  • $109,938

    Average Salary

What Does A Director Of Strategic Sourcing Do At Post Holdings

* Sourcing Strategy & Leadership** : 20%– Development and implementation of strategic goals for PNC and Active Nutrition Group (protein purchases only), developing organizational capabilities and personnel to support those strategies.
* Plans and manages department processes and practices to ensure that programs are aligned with business goals and objectives
* Develop and execute procurement and purchasing strategies that consider supplier selection options, quality, price, supply risk and volume/discount arrangements
* Advises company leadership team on commodity markets, including price, availability and delivery trends
* Serve as the dairy and whey protein market expert with a deep understanding of key market fundamentals and drivers, risks and advise the leadership team on overall procurement strategy
* Leads strategic planning activities as needed to ensure long term supply and cost savings
* For key proteins, serve as the company expert on all potential suppliers and ensure future demand can be fulfilled with qualified suppliers
* Manages and develops the Procurement team to meet organizational requirements and career objectives of each team member.
* PNC Sourcing Planning and Execution** : 60%- Develop and lead operational plans for the procurement function, managing execution and measuring results.
* Provide ingredient and packaging leadership on new product project teams, coordinating with R&D, Marketing, Quality and Manufacturing to develop packaging and ingredient specifications
* Lead the design and utilization of measurement tools to evaluate business process and supplier performance
* Manage strategic relationships with business units, functional areas and suppliers
* Visit supplier facilities to investigate capabilities, qualifications and capacity
* Manage process for evaluating bids, negotiating contracts and monitoring supplier performance
* Use problem solving and analysis to assess the financial and strategic impact of business initiatives
* Create cost models, understanding key cost drivers in order to ensure pricing stability and predictability
* Periodically evaluate and assess procurement performance vs. budget, forecast and market conditions.
* Provide information needed by Finance to prepare annual budgets/forecasts
* Manages all positions in compliance with Post Holdings, Inc. risk management approval policies
* Prepares and distributes periodic reporting to senior leadership on key procurement activities as well as frequent presentations to senior leadership
* Ensure processes and systems improve service, gain efficiencies/improve quality and reduce costs
* Leads design/implementation of strategies to support:
* Sourcing
* Commodity Management
* Negotiation
* Contracting
* Inventory Control
* Cost and Capacity Analysis
* Corporate Sustainability/Social Responsibility Initiatives
* Cost Control – Total Cost of Ownership
* Cost Improvement
* Ensure/improve supplier total quality
* Protein procurement for Dymatize/ANI and leverage PHI relationships** : 20%
* Lead protein procurement strategy for Active Nutrition.
* Lead dairy and whey protein buying strategy for Dymatize and Active Nutrition International, leveraging the Active Nutrition and PHI scale to optimize cost
* Visit supplier facilities to investigate capabilities, qualifications and capacity
* Manage process for evaluating bids, negotiating contracts and monitoring supplier performance
* Develop Good Energy relationships with key stakeholders at Dymatize, Active Nutrition International and Post Holdings
* Coordinate and prepare recommendations as required for approval at the monthly Post Holdings Risk Committee
* Coordinate the company’s procurement strategies and objectives with peers in other subsidiaries within the Post Holdings company
* Develop/implement reporting processes to communicate project status

What Does A Director Of Strategic Sourcing Do At IGT

* Set the collective Indirect Category savings target annually, and execute category management strategies and sourcing projects to continuously drive savings & value to meet the annual target.
* Lead the ongoing standardization and deployment of the company-wide Indirect Sourcing processes, complete with stakeholder engagement model defined, and standardized Sourcing templates developed.
* Partner with all levels of leadership cross-functionally to build impactful, efficient and cost effective vendor relationships.
* Build credibility rapidly, and effectively work with functional and business groups as a trusted advisor to determine desired product/service specifications (with rationalization if applicable) and projected demand when making recommended sourcing action plans.
* Mentor and coach the team of Strategic Sourcing managers to drive sourcing, negotiating and contracting activities across areas of responsibility successfully.
* Collaborate with the Policy and Process Team in Procurement Operations to implement all relevant Procurement policies and procedures.
* Attract and retain talent, and support the professional development/growth of Sourcing managers (Personal Development Plans) to build & sustain a high performing sourcing team.
* Lead the Sourcing Managers to analyze trends and market conditions, monitor internal spending patterns, develop sourcing strategies for spend that support business goals, and execute the Strategic Sourcing process to optimal, consistent business results.
* Manage and develop vendors to drive value and innovation for the Company where applicable.
* Exercise strong business partnering skills to build and sustain key stakeholder relationship and bring Strategic Sourcing upstream to business planning and spend decision cycles.
* Serve as escalation point and subject matter expert for both internal and external parties for all things related to Indirect spend.
* Establish team capacity tracking and work allocation mechanism to ensure “shared services” model for ad-hoc sourcing projects

What Does A Director Of Strategic Sourcing Do At Ascension Health

* Participate in regional workforce planning initiatives, update staffing forecasts and monitor the delivery of market recruitment strategies based on business hiring priorities
* Utilize deep external labor market expertise to develop proactive hiring measures and provide strategic insight as part of the Talent Acquisition leadership team
* Execute regional strategy for university relationships and student nurse recruitment
* Manage CRM and external sourcing strategies, channels and tactics
* Collaborate and create partnerships with local and regional Ascension Marketing and Communications on marketing strategy, on branded recruitment collateral, promotional tactics, creative assets and messaging, content for search and social, and internal and external communications
* Build and maintain relationships with matrix partners and key stakeholders across the regional including Market Leaders
* Utilize SOPs, KPIs to measure success of recruitment strategies
* Collaborate with local Directors to oversee outcomes of Sourcing Specialists
* Meet with local Leaders to determine Recruitment team effectiveness
* Participate in regular meetings with Recruitment Operations stakeholders to review progress, resolve issues, and identify challenges
* Provide direct supervision to a team of sourcing specialists
* Stay informed of trends and innovative recruiting techniques (digital strategies, etc

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How To Become A Director Of Strategic Sourcing

Purchasing managers need a bachelor’s degree and work experience as a buyer or purchasing agent.

Education

Purchasing managers usually have at least a bachelor’s degree and some work experience in procurement. A master’s degree may be required for advancement to some top-level purchasing manager jobs.

Work Experience in a Related Occupation

Purchasing managers typically must have at least 5 years of experience as a buyer or purchasing agent. At the top levels, purchasing manager duties may overlap with other management functions, such as production, planning, logistics, and marketing.

Licenses, Certifications, and Registrations

There are several certifications available for purchasing managers and others employed in a procurement-related field. Although some employers require certification, many do not.

Most of the certifications involve oral or written exams and have education and work experience requirements.

The Institute for Supply Management offers the Certified Professional in Supply Management (CPSM) credential, which covers a wide scope of purchasing professional duties. To receive the CPSM credential, candidates must pass three exams and possess at least 3 years of relevant work experience for those with a bachelor’s degree or 5 years of relevant work experience for those without a bachelor’s degree.

The American Purchasing Society offers the Certified Purchasing Professional (CPP) and the Certified Professional Purchasing Manager (CPPM) credentials. Certification is valid for 5 years. Candidates must earn a certain number of professional development “points” to renew their certification. Candidates initially become eligible, and can renew their certification, through a combination of purchasing-related experience, education, and professional contributions (such as articles published or speeches delivered).

APICS, founded as the American Production and Inventory Control Society, offers the Certified Supply Chain Professional (CSCP) credential. Applicants must have 3 years of related business experience or a bachelor’s degree in order to be eligible for the CSCP credential, which is valid for 5 years. Candidates must also earn a certain number of professional development points to renew their certification.

The Next Level Purchasing Association offers the Senior Professional in Supply Management (SPSM) certification. Although there are no education or work experience requirements, applicants must complete six online courses and pass an SPSM exam. Certification is valid for 4 years. Candidates must complete 32 continuing education hours in procurement-related topics to recertify for an additional 4-year period.

The Universal Public Procurement Certification Council (UPPCC) offers two certifications for workers in federal, state, and local government. The Certified Professional Public Buyer (CPPB) credential requires applicants to have earned at least an associate’s degree, to have at least 3 years of public procurement experience, and to complete relevant training courses. The Certified Public Purchasing Officer (CPPO) requires applicants to have earned a bachelor’s degree, to have at least 5 years of public procurement experience, and to complete additional training courses.

Those with the CPPB or the CPPO designation must renew their certification every 5 years by completing continuing education courses or attending procurement-related conferences or events.

The National Institute of Government Purchasing’s (NIGP’s) Institute for Public Procurement offers preparation courses for the UPPCC certification exams.

Advancement

An experienced and qualified purchasing manager may advance to become the chief procurement officer for a business or organization.

Important Qualities

Analytical skills. When evaluating suppliers, purchasing managers must analyze their options and choose a supplier with the best combination of price, quality, delivery, service, or other criteria. 

Decisionmaking skills. Purchasing managers must have the ability to make informed and timely decisions, choosing products that they think will sell. 

Math skills. Purchasing managers must possess basic math skills. They must be able to compare prices from different suppliers to ensure that their organization is getting the best deal. 

Negotiating skills. Purchasing managers often must negotiate the terms of a contract with a supplier. Interpersonal skills and self-confidence, in addition to knowledge of the product, can help lead to successful negotiation.

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Director Of Strategic Sourcing jobs

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Real Director Of Strategic Sourcing Salaries

Job Title Company Location Start Date Salary
Senior Director, Global Strategic Sourcing Box, Inc. Los Altos, CA Aug 10, 2015 $210,000
Director, Global Strategic Sourcing Brightstar Corp. Cambridge, MA Oct 01, 2010 $200,000
Executive Director, Global Strategic Sourcing Amgen Inc. Thousand Oaks, CA Oct 01, 2009 $196,420
SR. Director, Strategic Sourcing, Marketing and International The Gap, Inc. San Francisco, CA Oct 07, 2016 $186,326 -
$227,800
SR. Director, Strategic Sourcing, Marketing and International The Gap, Inc. San Francisco, CA Jul 10, 2016 $186,326 -
$227,800
Director, Strategic Sourcing Microsoft Corporation Redmond, WA Aug 12, 2013 $180,000
Director, Strategic Sourcing-IEB or Other Microsoft Corporation Redmond, WA Nov 24, 2014 $180,000 -
$200,000
SR. Director, Strategic Sourcing, Marketing and International The Gap, Inc. New York, NY Nov 04, 2016 $179,774 -
$227,800
Senior Director of Strategic Sourcing National DCP, LLC Bellingham, MA Oct 01, 2012 $175,000
Director, Strategic Sourcing The Gap, Inc. San Francisco, CA Oct 07, 2013 $170,000 -
$190,000
Director, Strategic Sourcing Brightstar Corp. Cambridge, MA Oct 01, 2010 $170,000
Director Strategic Sourcing-Worldwide Supply Chain McDonald's Corporation Oak Brook, IL Oct 15, 2015 $157,235
Director Strategic Sourcing-Worldwide Supply Chain McDonald's Corporation Oak Brook, IL Jan 11, 2015 $156,005
Director of Strategic Sourcing ALAC International Inc. New York, NY Aug 28, 2015 $138,000
Director of Strategic Sourcing & Logistics Danfoss Turbocor Compressors Inc. Tallahassee, FL Nov 07, 2016 $135,000
Director of Procurement, Strategic Sourcing Walgreen Co. Deerfield, IL Dec 03, 2012 $135,000
Director, Strategic Sourcing Wyndham Worldwide Operations, Inc. Parsippany-Troy Hills, NJ Oct 01, 2014 $134,883
Director, Strategic Sourcing Wyndham Worldwide Operations, Inc. Parsippany-Troy Hills, NJ Feb 29, 2016 $130,751 -
$160,532
Director Strategic Sourcing Safeway Inc. Pleasanton, CA Jul 14, 2010 $130,000
Director, Strategic Sourcing Safeway Inc. Pleasanton, CA Jan 03, 2011 $130,000
Director, Strategic Sourcing Tiffany & Co. New York, NY Oct 17, 2011 $130,000
Director of Strategic Sourcing Puig-Corve International Inc. Miami, FL Jul 07, 2008 $99,362
Director, Strategic Sourcing Ortronics, Inc. (Legrand) New London, CT Jun 21, 2010 $98,000
Director, Strategic Sourcing Wyndham Worldwide Operations, Inc. Parsippany-Troy Hills, NJ Apr 14, 2014 $97,240
Associate DIR, Strategic Sourcing Decision Support Celgene Corporation Summit, NJ Jul 18, 2016 $97,055
Director of Strategic Sourcing GSB of Dc Inc. North Palm Beach, FL Feb 05, 2008 $96,533 -
$97,000
Director of Strategic Sourcing Tabcotech Enterprises Inc. Carlstadt, NJ Sep 25, 2014 $87,654
Director of Strategic Sourcing Sun Dragon Import Inc. Vernon, CA Jul 20, 2012 $87,506
Director of Strategic Sourcing Transglobus, Inc. Nashua, NH Dec 02, 2009 $85,671

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Top Skills for A Director Of Strategic Sourcing

SupplyChainStrategicSuppliersCategoryManagementCostReductionCommodityBusinessUnitsComplianceFinancialProceduresSupplierRelationshipSupplyBaseRFPMROContractNegotiationsProfessionalServicesPolicySupplierPerformanceAnnualCostSavingsTotalCostLogistics

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Top Director Of Strategic Sourcing Skills

  1. Supply Chain
  2. Strategic Suppliers
  3. Category Management
You can check out examples of real life uses of top skills on resumes here:
  • Consolidated vendors and executed a complete supply chain management operation.
  • Instituted account reviews for all strategic suppliers improving deliveries from 85% to 95% and rejections to 3%.
  • Redesign purchasing organization with internal stakeholder collaboration by transforming from tactical administrative process to strategic category management function.
  • Realized over $13 million in system savings in FY2015 from supply and purchased services cost reductions, and decreased utilization.
  • Reduced strategic inventory by $50 million through negotiations with global commodity managers.

Top Director Of Strategic Sourcing Employers

Director Of Strategic Sourcing Videos

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