Senior Director Strategic Sourcing
About the Company
Panelmatic, Inc. was founded in 1957 in Youngstown, OH to serve manufacturing industries with the design and build of custom electrical, instrument, and pneumatic control panels. The business has grown to support expansion for clients, producing control packages for many of America’s top corporations in the chemical, environmental, food, pulp and paper, rubber, petroleum, pharmaceutical, glass, metals, and utilities industries, and delivering equipment worldwide. Panelmatic’s rigorous methodology assures compliance with domestic and international standards, and the company can meet diverse client needs from sales, design, fabrication, testing, and delivery through to final installation. Since 1957, the company has been known for high‑quality, custom‑built control packages, comprehensive service, and technological and manufacturing expertise, enabling it to handle the largest and most complex packages quickly and efficiently.
About the Role
Panelmatic is entering an extraordinary period of growth driven by increasing demand for electrical infrastructure supporting data centers, power generation, utilities, and critical infrastructure. To support this growth, the Senior Director, Strategic Sourcing will build a resilient, scalable, and competitive supply base capable of supporting Panelmatic’s growth trajectory. The role is a key member of the Supply Chain leadership team and works closely with Operations, Engineering, Quality, Finance, and Commercial leadership.
Responsibilities
- Develop and execute a multi‑year strategic sourcing and supplier‑development strategy aligned with Panelmatic’s growth plans.
- Build sufficient supplier capacity to support significant increases in revenue and production volumes.
- Translate growth plans into commodity‑level demand and supplier‑capacity requirements.
- Identify future capacity constraints and proactively secure supplier capacity before demand arrives.
- Build a balanced supplier portfolio across strategic, preferred, approved, and developing suppliers.
- Reduce dependency on single‑source and constrained suppliers through dual sourcing, regional diversification, and strategic supplier development.
- Develop domestic, nearshore, and global sourcing strategies where appropriate.
- Establish long‑term strategic relationships and commercial agreements with key suppliers.
- Recruit, develop, and coach experienced Commodity Managers and Strategic Sourcing professionals.
- Establish clear commodity ownership, category strategies, supplier segmentation, and performance expectations.
- Develop sourcing talent capable of managing complex negotiations, supplier development, cost modeling, and supply‑risk mitigation.
- Standardize sourcing processes, tools, KPIs, governance, and accountability.
- Lead strategic sourcing activities across a broad and complex manufacturing spend portfolio.
- Manage $1B+ of annual spend across multiple commodities and supplier categories.
- Develop and execute category strategies for electrical and electronic components; switchgear and power‑distribution components; copper, bus bars, and fabricated metals; enclosures and sheet metal; circuit breakers and protective devices; relays, controls, and automation; transformers and electrical equipment; wire, cable, terminals, and connectors; contract manufacturing and fabricated assemblies.
- Establish should‑cost models, market intelligence, competitive benchmarks, and commodity strategies.
- Identify, qualify, and develop suppliers capable of meeting technical, quality, capacity, and commercial requirements.
- Build a structured Supplier Development Program for strategic and constrained categories.
- Work directly with suppliers to expand capacity, improve lead times, increase flexibility, and improve quality.
- Establish supplier scorecards covering capacity, quality, delivery, cost, and responsiveness.
- Lead strategic supplier business reviews and improvement plans.
- Develop capacity commitments and long‑term agreements with critical suppliers.
- Partner with Operations, SIOP, Engineering, and Commercial teams to understand the demand pipeline and identify potential supply constraints 6–24 months ahead of requirements.
- Develop supplier capacity plans supporting new customers, programs, products, and facilities.
- Support new facility expansions and major customer programs.
- Establish proactive strategies for constrained commodities and long‑lead components.
- Lead initiatives to improve material cost competitiveness through competitive sourcing, negotiation, value engineering, specification optimization, supplier productivity, and strategic partnerships.
- Partner with Engineering on design‑to‑cost and value‑engineering opportunities.
- Balance purchase price with total cost, quality, lead time, capacity, and supply risk.
- Deliver measurable annual productivity while protecting supply‑base resilience.
- Establish a formal Supply Risk Management process for critical commodities and suppliers, including risk identification, mitigation, contingency planning, and early‑warning indicators.
Requirements
- Bachelor’s degree in Supply Chain, Engineering, Business, Finance, or a related discipline.
- 15+ years of progressive experience in strategic sourcing, procurement, commodity management, supplier development, or supply chain.
- Demonstrated experience managing $1B+ in annual spend across multiple commodities and supplier categories.
- Proven track record of building or significantly expanding a strategic supplier base.
- Experience developing supplier capacity and resilience in a high‑growth or complex manufacturing environment.
- Strong commercial negotiation, financial, analytical, and supplier‑management capabilities.
- Experience with domestic, nearshore, and global supply networks.
- Experience in electrical, industrial, power, switchgear, automation, or related manufacturing (strongly preferred).
- Experience supporting data center, power infrastructure, utilities, or critical infrastructure markets (significant plus).
- Experience in a rapidly growing or PE‑backed company (preferred).
Benefits
- Medical, dental, vision, HSA, term life, AD&D, short‑term disability, and long‑term disability coverage.
- 100% of the medical premium paid by Panelmatic for employee‑only coverage.
- 80% of the premium paid by Panelmatic and 20% by the employee for all other coverage levels (employee + child, employee + spouse, family).
- 401(k) contributions matched 100% up to 4% of salary.
- Scholarships, educational reimbursement, paid volunteerism, and paid personal and professional development.
- PTO and paid holidays.
- Career advancement opportunities.
- Competitive wages.
- Family‑friendly environment with average employee tenure above five years.