SI-MBA Career Opportunities Career postings for SI-MBA Students

Summary

The Director of Procurement is responsible for the overall design and implementation of procurement strategies that support the business, the changing market conditions, and new business opportunities.   The Director will continue to build out the procurement function (people and process) and manage the company’s $15M purchase base across all spend categories.  She/he is responsible for Twincraft’s global sourcing function, negotiating prices, assessing and qualifying suppliers, logistics and traffic, payment terms and lead times for the acquisition of direct and indirect materials.  Analyzes purchasing patterns and stock levels to ensure material requirements for production are met.  Overseas inventory control, cycle counts and data integrity of inventory systems.

Essential Duties and Responsibilities

• Develop and implement innovative procurement and global sourcing strategies which are aligned with the company’s business strategies including cost reduction, quality, inventory turns, service and creative needs.
• Collaborates with other departments such as R&D, Sales, Engineering, and Formulation to identify material needs and implements appropriate sourcing strategies to meet new product development and price objectives.
• Coordinates inventory logistics and negotiates ocean container rates and domestic freight forwarders.
• Appraises and qualifies supplier’s abilities through on-site visits and measurements.
• Monitors supplier’s performance and continues to assess their ability to meet quality and delivery requirements; ensuring adherence to contract terms and conditions, on-time, quality, quantity received to order and price performance.  Provides supplier performance feedback and discusses corrective actions.
• Forecast demand of common raw materials to ensure availability and targeted raw material days sales inventory (DSI) levels while ensuring limited to no production interruptions or stock outs.  Monitor supplier lead times and creatively engineer methods to continually reduce days/weeks for delivery.
• Oversees inventory cycle counts to ensure inventory accuracy levels and limit books to physical adjustments.

• Maintain obsolescence within acceptable risk tolerance levels at or below Company targets.
• Support and help implement continuous process improvements.
• Support and adhere to Twincraft’s values and credo.

Education and Experience

• Bachelor’s Degree in Supply Chain Management or Finance/Business Administration with recent experience in Supply Chain Management.
• 5-7 years progressive experience in purchasing & sourcing with extensive experience in the manufacturing industry, preferably in a strategic setting in a mid to large size organization within the Health & Beauty or Cosmetic, Skincare industry.
• 5-7 years experience sourcing raw materials from Asia, as well as management of shipments, custom clearance and required import and regulatory documentation.
• Experience in negotiating, cost reduction and avoidance programs, (VMP) Vendor Managed Programs and long-term contracts.
• NAPM (A.P.P., C.P.M.) or APICS (CPIM, CIRM) certification preferred.
• Experienced Talent Manager; proven ability to manage and develop people, capable of managing and motivating a strong team.
• Experience with LEAN, GMP and quality improvement standards and techniques.
• Strong computer skills, including MS Office Suite, and manufacturing-related MRP/ERP systems.

Knowledge, Skills & Personal Characteristics

• Business Acumen and Detail Orientation; commercially minded and pragmatic; able to contribute strategically to the broader needs and goals of the business, as well as drive superior performance through hands-on, day-to-day management of the procurement function.
• Able to develop a long term supply management strategy that supports growth.
• Competitive, self motivated individual who is outgoing, optimistic and enthusiastic.
• Holds self accountable; embraces and “owns” goals and objectives; avoids blaming stakeholders, commodity trends, and/or a lack of talent, systems or resources for failing to meet targets.
• Analytical Horsepower; a fast learner and decisive leader with a quick mind, sound judgment, excellent problem solving and critical thinking skills.
• Execution and Solutions-Oriented; able to marshal resources and convey a clear vision across an enterprise in order to meet or exceed objections.
• Highly intelligent and strategic leader with superior business acumen, change management and communication skills, and possess credibility to align supply chain capabilities with the commercial goals and future investments of the company.
• Ability to participate effectively in a cross-functional team-oriented environment.