Vice President - Strategic Sourcing

Job Scope

The Vice President – Strategic Sourcing is an executive leader responsible for developing and executing Premier Trailer Leasing's enterprise-wide sourcing, procurement, and supplier management strategy to support fleet growth, operational excellence, and long-term shareholder value.

Key Responsibilities

• Strategic Sourcing Leadership

• Develop and execute a comprehensive strategic sourcing and procurement strategy aligned with corporate growth, operational priorities, and financial goals.
• Identify opportunities for cost optimization, supplier consolidation, and long-term value creation.
• Establish sourcing governance, policies, and procurement standards across the organization.
• Lead cross-functional sourcing initiatives to improve supplier performance, reduce risk, and optimize cost structures.
• Develop a multi-year sourcing roadmap that supports Premier's strategic growth initiatives.
• Benchmark sourcing practices against industry leaders and implement best-in-class procurement strategies.
• Serve as a trusted advisor to executive leadership on sourcing strategy, supplier markets, and capital procurement decisions.

• Supplier Relationship Management

• Build and maintain strategic relationships with key suppliers including: Trailer manufacturers, Refrigeration unit providers, Trailer parts and component suppliers, Maintenance and roadside service vendors, Transportation and logistics providers, Technology and equipment vendors.
• Lead negotiation of enterprise supply agreements, service contracts, and pricing frameworks.
• Develop supplier performance scorecards to ensure quality, service, and cost targets are consistently achieved.
• Evaluate supplier financial stability, operational capabilities, and long-term partnership potential.
• Lead executive business reviews with key strategic suppliers.
• Drive supplier innovation initiatives that improve service, quality, technology adoption, and operational efficiencies.

• Fleet & Maintenance Procurement

• Partner with Management and Operations teams to source trailers, components, and parts required for fleet acquisition, maintenance, and lifecycle management.
• Support procurement strategies for both dry vans and refrigerated trailer assets.
• Ensure reliable supply of parts and materials necessary for maintenance and repair operations across branch locations.
• Collaborate with RoadCARE and maintenance leadership to ensure vendor networks meet service quality and coverage requirements.
• Collaborate with Fleet leadership on long-term fleet replacement strategies and equipment specifications.
• Identify opportunities to reduce total cost of ownership throughout the trailer lifecycle.

• Contracting & Cost Management

• Lead negotiations for high-value supplier contracts and capital procurement initiatives.
• Establish pricing models, rebate programs, and long-term purchasing agreements that improve total cost of ownership.
• Partner with Finance to analyze sourcing ROI, supplier cost trends, and savings opportunities.
• Ensure all contracts meet legal, compliance, and risk management standards.
• Develop enterprise purchasing strategies that maximize purchasing leverage across all business units.
• Monitor commodity market trends and proactively recommend sourcing strategies to minimize financial exposure.

• Supply Chain Risk & Compliance

• Identify and mitigate supply chain risks related to vendor dependency, pricing volatility, and supply disruptions.
• Ensure procurement practices align with company compliance standards and regulatory requirements.
• Establish contingency sourcing plans for critical components and equipment.

• Operational Collaboration

• Work closely with Operations, Maintenance, IT, Real Estate, and Finance teams to support sourcing needs across the enterprise.
• Align procurement strategies with fleet growth plans and geographic expansion initiatives.
• Support new facility openings and operational initiatives through vendor sourcing and procurement coordination.

• Leadership & Team Development

• Build and lead a high-performing strategic sourcing and procurement team.
• Develop procurement talent through training, mentorship, and professional development.
• Establish clear performance metrics and accountability within the sourcing department.
• Promote a culture of collaboration, innovation, and continuous improvement.
• Build succession plans and leadership development strategies within the Strategic Sourcing organization.
• Champion cross-functional collaboration and continuous improvement throughout the procurement lifecycle.

Knowledge/Skills & Abilities

• Deep expertise in strategic sourcing, procurement strategy, and supplier relationship management.

• Strong negotiation and contract management skills.

• Financial and analytical acumen related to cost modeling and procurement ROI.

• Experience managing complex supply chains and vendor networks.

• Strong leadership and team development capability.

• Ability to influence senior leadership and cross-functional stakeholders.

• Strategic thinking combined with operational execution discipline.

• Executive presence with exceptional communication and presentation skills.

• Strong business acumen and financial modeling capabilities.

• Demonstrated ability to lead organizational change.

• Proven ability to influence executive stakeholders and build consensus.

• Experience leading enterprise-wide transformation initiatives.

• Ability to make sound decisions in a fast-paced, evolving business environment.

Education & Qualification

• Bachelor's degree in Business Administration, Supply Chain, Finance, Engineering, or related field required; MBA or certification as a Certified Professional in Supply Management preferred.

• 12+ years progressive experience in procurement, strategic sourcing, or supply chain leadership.

• 7+ years of leadership experience managing sourcing or procurement teams.

• Experience in transportation, logistics, fleet services, manufacturing, equipment leasing, or industrial operations preferred.

• Demonstrated success managing large supplier portfolios and negotiating enterprise contracts.

• Up to 35% of travel to supplier facilities, industry partners, and company branch locations.

Technology Skills

• Proficiency in Microsoft Office Suites - Word, Excel, PowerPoint, Outlook, Great Plains and intermediate Excel knowledge.