Director, Procurement and Planning
- Strategic Leadership:
- Develop and execute a global sourcing strategy aligned with the company's long-term goals and, operational efficiency targets driving cost efficiency, risk mitigation, and long-term value creation for the company and investors
- Lead cross-functional efforts to ensure that procurement strategies align with organizational objectives and growth initiatives, including new product development, sustainability goals, and market expansion
- Supplier Relationship Management:
- Establish and nurture strategic partnerships with key global suppliers, ensuring optimal performance, innovation, and value delivery
- Act as the senior escalation point for supplier issues, ensuring timely resolution and maintaining strong relationships
- Negotiation & Contract Leadership:
- Lead high-stakes supplier negotiations to secure favorable terms, achieve cost-saving targets, and ensure compliance with legal and business requirements
- Oversee the governance of all supplier agreements, including MSAs, LTAs, SLAs, and Purchasing Agreements, ensuring alignment with business needs and risk management
- Risk Management & Compliance:
- Develop and implement supplier risk management strategies, including supply chain contingency plans, compliance with regulations, and risk mitigation frameworks to ensure business continuity
- Lead due diligence efforts to monitor supplier financial health, ethical compliance, and performance metrics
- Continuous Improvement & Innovation:
- Champion continuous improvement programs across the sourcing function, driving innovation, sustainability, and operational excellence in collaboration with suppliers
- Identify and implement process improvements to enhance sourcing efficiencies, supplier performance, and cost savings
- Cross-Functional Collaboration:
- Partner with key internal stakeholders (including produce engineering, product development, operations, finance, and legal) to align sourcing strategies with product innovation, operational goals, and financial targets
- Provide strategic input to senior leadership on sourcing decisions, market trends, and emerging risks
- Market Intelligence & Analysis:
- Conduct advanced market and supplier analysis to stay ahead of industry trends, technological advancements, and geopolitical risks affecting the supply chain
- Use data-driven insights to inform sourcing strategies, drive category management initiatives, and improve decision-making
- Team Leadership & Development:
- Lead and develop a high-performing sourcing team, fostering a culture of accountability, collaboration, and professional growth
- Build a talent pipeline by mentoring and coaching sourcing professionals, ensuring the team is equipped to meet evolving business needs
- Reporting & Stakeholder Engagement:
- Prepare and present comprehensive reports and recommendations on sourcing performance, risks, and opportunities to senior management and the board of directors
- Represent the company at external industry forums, conferences, and supplier events to enhance organizational visibility and build strategic networks
- Systems & Technology:
- Drive the adoption of procurement technologies and tools to enhance strategic sourcing processes, data visibility, and decision-making capabilities
- Collaborate with IT and procurement teams to ensure the effective integration of sourcing systems across the supply chain
- Compliance & Governance:
- Ensure adherence to company policies, procurement guidelines, and relevant legal requirements, while fostering a culture of ethical sourcing and corporate responsibilities
- STRATEGIC THINKING : Ability to analyze complex situations, anticipate future trends, and develop long-term plans and initiatives aligned with organizational goals. It encompasses the capacity to think critically, creatively, and holistically about the organization's competitive position, market dynamics, and opportunities for growth and innovation.
- EFFECTIVE EXECUTION: Ability to efficiently and successfully implement plans, initiatives, and projects to achieve objectives. This competency involves taking decisive action, managing resources optimally, and ensuring that tasks are completed on time and within budget
- TEAMWORK AND COLLABORATION : Ability to work effectively with internal teams, external partners, and stakeholders to achieve common goals and drive organizational success. It encompasses building trust, fostering open communication, and leveraging diverse perspectives and expertise to solve problems and make informed decisions
- SOURCING STRATEGIES : Ability to develop and execute comprehensive sourcing plans to optimize costs, mitigate risks, and drive value across the supply chain. It includes analyzing market dynamics, identifying opportunities for supplier consolidation, and leveraging negotiation tactics to achieve favorable terms and conditions
- SUPPLIER RELATIONSHIP MANAGEMENT : Ability to effectively manage relationships with key suppliers to optimize value, mitigate risks, and drive continuous improvement. It encompasses developing collaborative partnerships, fostering open communication, and aligning supplier capabilities with organizational goals to achieve mutual success
- NEGOTIATION : Ability to effectively communicate, persuade, and reach mutually beneficial agreements with suppliers. It encompasses strategic planning, active listening, and problem-solving skills to achieve optimal outcomes in contract terms, pricing, and service levels
- Cost Reduction and Margin Improvement: Drive 5% annual cost savings across the supply chain by optimizing procurement practices, securing more favorable supplier contracts, and leveraging strategic sourcing initiatives. The focus will be on improving procurement efficiency, reducing purchase prices, and driving economies of scale. These efforts will have a direct and measurable impact on EBITDA and margin growth, enhancing profitability
- Supply Chain Risk Mitigation and Resilience: Develop and implement a supplier risk management framework that covers the top 80% of spend and critical suppliers, ensuring supply continuity and protecting against market volatility, geopolitical risks, and supplier financial instability. This framework will incorporate risk assessments, contingency planning, and real-time performance monitoring. The goal is to enhance operational resilience, minimize downtime, and maintain consistent supply, thereby improving overall business continuity and customer satisfaction
- Supplier Performance and Innovation: Establish a supplier performance improvement program targeting the top 20% of strategic suppliers. This will include initiatives to drive supplier-led innovation, enhance quality, and streamline collaboration. The program will focus on improving key supplier KPIs (e.g., lead time, quality, and on-time delivery) while fostering innovation that enhances product development and differentiation. These improvements will directly influence operational efficiency and support long-term growth objective.
- Bachelor’s degree.
- Minimum 5 years of experience in Strategic Sourcing and/or Procurement.
- Proficiency in problem-solving and decision-making techniques with a strong understanding of contracting and negotiating principles.
- Knowledgeable in the sourcing process - able to leverage experience and knowledge from previous projects.
- Thorough understanding of Total Cost of Ownership analytics and drivers.
- Ability to work in a fast-paced environment with constant deadlines and deliverables.
- Computer literacy with a proficiency in computer-based analytical and communication tools (Excel & PowerPoint).
- Quick learner with interest in understanding and applying supplier best practices.
- Excellent organization, communication, and presentation skills.
- Innovative, self-motivated and ability to work with minimal supervision along with strong leadership, management, and interpersonal skills.
- Project Management Professional (PMP) preferred.
- Lean Six Sigma Green Belt preferred.
- Competitive salary
- Medical Benefits
- 401k with Company Match
- Up to $100k Life Insurance & Short-Term Disability (Employer Paid)
- Legal and Pet Insurance Plans
- Employee Assistance Program
- Product Discount
- Proof of legal authorization to work in the United States for The Shade Store, which will be confirmed by E-Verify within three business days of your hire date
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