Director, Strategic Sourcing

About the role

Lead the Company’s global direct material sourcing organization and develop sourcing strategies that support financial, operational, and strategic objectives. Partner closely with Operations, Engineering, Quality, Finance, Planning, and Program Management to ensure sourcing strategies support business growth, operational excellence, and customer commitments. Drive continuous improvement across the procurement function while leading a team of Commodity Managers and sourcing professionals.

Responsibilities

• Develop and execute the global direct material sourcing strategy aligned with corporate objectives.
• Establish mid and long-term category strategies across all direct material commodities.
• Lead strategic sourcing initiatives that improve cost competitiveness, supply continuity, quality, innovation, and sustainability.
• Develop annual sourcing objectives, operating plans, and performance targets.
• Develop executive-level relationships with key strategic suppliers and lead strategic supplier reviews.
• Foster supplier innovation and collaboration to improve service, quality, and business value.
• Ensure appropriate supplier segmentation and governance processes.
• Lead complex commercial negotiations involving pricing, contracts, payment terms, capacity, and long-term supply agreements.
• Oversee contract lifecycle management in partnership with Legal and Contract Administration.
• Direct development and execution of global category strategies and review commodity strategies prepared by Commodity Managers.
• Balance regional and global sourcing opportunities and ensure total cost of ownership principles are incorporated into sourcing decisions.
• Lead enterprise-wide supplier risk assessments for direct materials and develop contingency plans for critical markets, suppliers, and services.
• Monitor supplier financial stability, regulatory compliance, cybersecurity, and business continuity capabilities.
• Deliver annual cost reduction and productivity targets through value engineering and should-cost initiatives.
• Identify opportunities beyond purchase price, including inventory optimization, logistics efficiencies, quality improvements, and lifecycle cost reductions.
• Partner with Engineering, Operations, Supply Planning, Supplier Quality, Finance, and Program Management to support production schedules and customer commitments.
• Lead, coach, mentor, and develop Commodity Managers and sourcing professionals.
• Establish departmental goals, performance expectations, and support succession planning and talent development.
• Ensure compliance with company procurement policies, ethical sourcing standards, ESG, sustainability initiatives, and applicable regulatory and customer requirements.
• Monitor and report sourcing KPIs including cost savings, supplier performance, supplier risk, on-time delivery, quality, and spend analytics.
• Present sourcing performance to executive leadership and lead sourcing process improvements.

Requirements

• Bachelor’s degree in supply chain management, engineering, business, or related field.
• 5+ years of experience in strategic sourcing and procurement.
• Strong expertise in developing and executing comprehensive supply chain strategies that deliver cost savings and improve operational efficiency.
• Demonstrated ability to lead and collaborate with cross-functional teams to align on and execute category strategies.
• Negotiation expertise with a track record of securing favorable terms.
• Strong project management skills, with the ability to manage multiple projects simultaneously in a fast-paced global environment.
• Ability to analyze complex spend data, market trends, and supplier performance to inform sourcing decisions and strategy development.
• Deep understanding of supplier relationship management and the ability to build and maintain strategic partnerships with key suppliers.
• Experience with procurement tools and systems, as well as spend analysis platforms, to track and report on category performance and savings.
• Self-starter who can independently manage priorities, drive results, and proactively identify and solve problems.
• Strong communication and interpersonal skills, with the ability to influence stakeholders at all levels of the organization.
• Procurement certifications (e.g., CIPS, CPSM) are a plus.