IDEX Vice President, Strategic Sourcing in United States
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you.
SUMMARY OF JOB RESPONSIBILITIES :
The Vice President, Strategic Sourcing reports to the Group President and is a partner to drive productivity and enable profitable growth by leading all aspects of the strategic sourcing function. The position is a hands-on leader working with the Group BU Sourcing teams, helping develop best-in-class strategies and processes that align customer needs to the optimal global supply network that improves efficiencies, cost, working capital, and risk mitigation. The leader is a visionary in supply chain, a consensus builder, and an integrator of people and processes; collaborating across business units to affect positive change. As a member of the Group’s Senior Leadership Staff, the position aids in setting Business Unit budgets, goals, resource allocations, and strategic direction and building overall sourcing capability across the Group.
REPORTING TO : Group President
DUTIES AND RESPONSIBILITIES:
Develop overarching global Sourcing strategy and network design for the Group – ensuring significant focus on customer expectations to achieve growth targets
Utilize 8020 tools to actively reduce supplier and supply chain complexity
Design and implement global commodity management strategies to decrease risk, increase OTD, and deliver a minimum of 3% YOY cost reduction, while meeting working capital goals
Integrate and facilitate the relationship with business leaders throughout the Group, aligning the Sourcing Strategy to other business objectives, goals, and outcomes
Design, implement, administer, and monitor best-in-class Sourcing policies, processes, systems, and advanced technologies
Develop and monitor Platform-level KPIs, measuring all aspects of procurement, inventory, cost savings, supplier effectiveness, and process adherence across multiple business units
Oversee the Sourcing functions of the Platform, both directly and indirectly, developing, training, and coaching team members to high levels of engagement
Ensure successful negotiation of all major spends and procurement agreements
Establish Strategic Supplier Management Processes and lead/support the relationships/partnerships with all critical suppliers
Lead the development of suppliers to ensure they exceed Corporate, regulatory, and legal requirements
Drive results with a sense of urgency and diplomacy through superior change management techniques
Facilitate Best Practice Sharing across the Group.
Team with other Group VP’s to leverage IDEX level sourcing opportunities
All other duties as assigned
KNOWLEDGE, SKILLS AND REQUIRED ABILITIES:
B.S. degree in Supply Chain Management or similar field
Minimum 15 years of progressive global sourcing and purchasing experience, and a minimum of 10 years leading people
Strong knowledge of MRP systems (JDE preferred)
Strong knowledge of negotiation and supplier agreements
Strong interpersonal skills with ability to lead globally, including influencing, in a matrixed organizational structure
Ability to lead a global team in multiple Business Units with varying cultural backgrounds
Collaborator, influencer, and the ability to present to all levels of business
Experience with lean tools such as VSM, Kanban, material flow, supermarkets
Travel: As needed, up to 50%
Must be eligible to work in the United States
Must pass a comprehensive background screening
IDEX is an equal opportunity employer Minorities/Females/Protected Veterans/Disabled
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?
The compensation range for this position is $174,800.00 - $262,200.00, depending on experience. This position may be eligible for performance based bonus plan.
Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefit-and-rewards/
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at firstname.lastname@example.org for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.
Job Family: Operations
Business Unit: Corporate