Director of Supply Chain
Ventek Solutions · Charleston, SC · 1 mo ago
On-siteManagementFull-time
Key Responsibilities
- Develop and implement strategic sourcing initiatives to optimize procurement processes and drive cost savings.
- Lead vendor negotiations to secure favorable pricing, terms, and long-term partnerships.
- Oversee contract management, ensuring compliance with legal, financial, and operational requirements.
- Analyze market trends and supplier performance to identify cost reduction opportunities and mitigate supply risks.
- Collaborate with internal stakeholders, including finance, operations, and production, to align procurement strategies with business needs.
- Establish and monitor procurement KPIs to measure cost efficiency, supplier performance, and contract effectiveness.
- Develop and execute risk management strategies to address supplier disruptions and market volatility.
- Utilize data analytics and technology to improve purchasing decisions and supplier performance evaluations.
- Ensure compliance with company policies, industry regulations, and ethical procurement practices.
- Drive continuous improvement initiatives in procurement processes to enhance efficiency and cost-effectiveness.
Qualifications & Experience
- Bachelor’s degree in Supply Chain management, Business Administration, or a related field is strongly preferred.
- Minimum of 7-10 years of experience in commodity management, procurement, strategic sourcing, or supply chain management, with at least 3 years in a leadership role.
- Experience with using a third-party procurement group – such as a Group Purchasing Organization, a 3PL for logistics, an energy management firm, etc.
- Strong expertise in contract negotiation, supplier management, and cost control.
- Prior experience in the resins and/or plastics industry is highly preferred.
- Proficiency in procurement software, ERP systems, and data analytics tools.
- Excellent negotiation, problem-solving, and decision-making skills.
- Strong analytical abilities with a data-driven approach to procurement strategy.
- Able to manage multiple sourcing projects and drive cost-saving initiatives.
- Effective communication and leadership skills.