Direct Material Leader, Global Sourcing
Velcro Companies · Manchester, NH · 2 days ago
HybridFull-time
Responsibilities
- Develop and execute the company’s global sourcing and procurement strategy aligned with the Global VP and overall business objectives.
- Identify and pursue opportunities to optimize total cost of ownership, improve supply chain efficiency, and resilience.
- Collaborate with Direct Category Managers to strengthen supplier relationships.
- Build and lead a global Direct Materials sourcing team capable of supporting current and future business growth.
- Continue to develop/enhance global metrics and KPI measuring tools for the betterment of the company utilizing “best in class” benchmarks.
- Lead, monitor, coach Sourcing team on all critical Sourcing KPI’s and initiatives/projects.
- Manage supporting personnel in the execution of the multi-step strategic sourcing process.
- Support strategy development, negotiations and contract approach for all major global business agreements.
Supplier & Contract Management
- Establish a robust global supplier selection, evaluation, and performance management framework.
- Negotiate using established Global Direct Material contracts that secure favorable terms, mitigate risks, and ensure compliance with regulatory, ethical, and sustainability standards.
- Update, modify or enhance current templates as needed or as best practice dictates.
- Through the Supplier Relationship Management (SRM) framework, drive global supplier innovation in product development, technology, and supply chain resilience.
Operational Excellence
- Partner with internal stakeholders (R&D, operations, finance, quality, planning & logistics) to align sourcing strategies with organizational needs.
- Implement best-in-class sourcing processes, tools, and analytics to enhance decision-making and visibility across the supply base.
- Ensure continuity of supply, price certainty and proactively manage global risks, including geopolitical, financial, and operational challenges.
- Lead the deployment of KPI’s that define performance targets aligned with the financial and supply chain performance goals of the company (global, regional, local).
- Collaborate with the VP of Global Procurement to implement Supply Chain Financing (SCF) solutions that extend payment terms, positively impact DPO and CCC., aligned with company goals across the Direct Material supplier base.
Governance & Compliance
- Ensure adherence to company policies, legal requirements, and industry standards across all sourcing activities.
- Champion sustainability, diversity, and corporate social responsibility within the global supply chain.
- Monitor and report on sourcing performance, cost savings, and risk metrics to senior leadership.