Location: Queensbury,NY, USA
JOB SUMMARY - To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
We are seeking a highly skilled and experienced Sr. Procurement Manager to lead our procurement team. The idea candidate will have a strong background in procurement, supplier management, tactical execution, supply chain management, with expertise in cost reduction strategies and sub-contract management. The ideal candidate should also be proficient in both procurement tools and ERP systems. This role requires exceptional leadership skills to develop a team to manage a complex supply chain.
Essential Duties and Responsibilities
Develop and Execute Procurement Strategies:
* Lead a team of six buyer/planners to manage the supply chain requirements for both component and sub-contract assemblies.
* Collaborate with cross-functional teams to align procurement requirements with business goals and ensure seamless execution.
Supplier Relationship Management:
* Manage and optimize supplier and contract manufacturing relationships to ensure high performance - including on-time deliveries, continuous improvements, and enhanced long-term partnership.
* Conduct supplier evaluations, performance reviews, and negotiations to secure favorable terms and conditions.
* Develop new supplier and sub-contractors to support new product requirements
Cost Reduction and Value Optimization:
* Identify and implement cost reduction opportunities across the supply chain without compromising quality or reliability.
* Lead initiatives to optimize value from suppliers through strategic sourcing, contract negotiation, and supplier collaboration.
Data Analytics and Reporting:
* Utilize data analytics to inform sourcing decisions, track performance metrics, and identify trends and opportunities for improvement.
* Prepare and present regular reports on sourcing performance, cost savings, and supplier performance to senior leadership.
Risk Management:
* Identify potential risks in the supply chain and develop strategies to mitigate them, including alternative sourcing options and contingency planning.
* Monitor global supply chain trends and market dynamics to proactively address potential disruptions.
Leverage Procurement Technology:
* Utilize procurement analytics tools and ERP systems to streamline procurement processes and enhance decision-making.
* Stay up-to-date with the latest procurement technologies and implement best practices to improve efficiency and effectiveness.
Leadership and Team Development:
* Lead and mentor a team of 6 sourcing professionals, providing guidance, support, and development opportunities.
* Foster a collaborative and high-performing team culture
* May perform other duties as assigned
QUALIFICATIONS -The requirements listed below are representative of the knowledge, skill or ability required.
Education and Experience
* Bachelor's Level of Degree in the Supply Chain Management, Business Administration, or a related field. MBA or advanced degree preferred
* Equivalent work related experience acceptable in lieu of degree Yes X No
* Minimum 8-10 years of demonstrated experience in procurement and supply chain management, with a focus on strategic sourcing
* Proven experience in supplier relationship management, category management, and cost reduction initiatives.
* NA Certifications Required
* Any preferred education, experience or certifications: Professional certifications such as CPSM (Certified Professional in Supply Management), CIPS (Chartered Institute of Procurement & Supply), or PMP (Project Management Professional) are a plus
Skills/Knowledge
* Strong negotiation and contract management skills.
* Excellent analytical skills, with experience in data-driven decision-making.
* Proficiency in procurement tools, including e-sourcing platforms, procurement analytics tools, and ERP systems.
* Strong leadership and team management skills, with the ability to influence and drive change.
* Excellent communication and interpersonal skills, with the ability to build strong relationships with internal and external stakeholders.