Managing Director, Sourcing and Procurement

Overview:

LogicSource Overview

We’ve reinvented sourcing and procurement with an execution-based, fully transparent business model that ensures our clients don’t spend a dime until they see results.

Our people gain exposure to projects and clients spanning a broad set of categories across multiple industries. Opportunities abound for getting involved, whether working across functions or learning a new category.

Our business model reflects our culture – radically different and filled with opportunity to make a difference. Our professionals enjoy the intellectual stimulation, challenge and satisfaction that only a sophisticated organization, coupled with relevant and meaningful business challenges to solve, can afford.

Position Summary:

This position will report directly to LogicSource’s Managing Partner, Client Engagement.

Responsibilities:

Responsibilities:

• Lead Indirect Spend project execution and delivery to assure immediate and ongoing Client value through cost reduction, market insights, strategic supplier relationship management and operational efficiencies.
• Build relationships with business unit executive sponsors and stakeholders to assure alignment of strategic project plans and achievement of overall savings targets
• Collaborate with the LogicSource Center of Excellence shared service team of sourcing and procurement professionals to execute sourcing strategies for all Indirect spend categories, including Facilities, FF&E, Corporate Services, Information Technology, Marketing Services, Print, Packaging & Distribution & Logistics.
• Identify, lead and drive business process in-source/outsource and operational redesign activities. Closely collaborate with client stakeholders to assure realization of cost-reduction opportunities.
• Establish and oversee Indirect Spend program office and governance structure to assure alignment across client, PE owners, and achievement of savings goals. Assure client executive sponsorship of governance structure.
• Create immediate cost savings and next-level sourcing advantage for the client where spend and sourcing productivity have a future pipeline of value.
• Coordinate and oversee LogicSource’s Center of Excellence (COE) resources to drive savings opportunities and effectively manage vendor partners to maintain the highest standards for quality and delivery
• Lead development and execution of total cost analysis where both price risk management strategies and value chain analysis can deliver predictable costs.
• Identify specifications improvement, cost containment, and value engineering opportunities
• Facilitate communication between client business units, internal stakeholders and suppliers for effective operation and delivery. Build business cases to influence stakeholders toward change.
• Identify trends and develop solutions for problems causing under-delivery
• Build and effectively maintain relationships within all organizational levels, including the C-Suite, delivering on client service objectives
• Develop and deliver ongoing Client status updates including Quarterly Business Reviews.
• Learn and adapt to client's culture while maintaining cultural standards of LogicSource.
• Monitor project progress and provide effective status reporting, develop with onsite teams’ effective protocols on savings calculation, job and task sharing, and information exchange.
• Understand industry trends and growth sectors for LogicSource’s expansion considerations.

Qualifications:

Required Education and Experience:

• Bachelor’s degree required, Master’s degree preferred.
• Minimum of 15 years or progressive leadership experience in strategic sourcing & procurement across a broad set of Indirect categories, preference provided to candidates from retail and consumer-facing industries
• Strong financial acumen with multi-year experience building, managing and delivering against P&L’s
• This role will have high visibility to client executives and private equity partners where world-class communication skills and attention to detail are required
• Demonstrated success in managing vendors and experience in high-value contract negotiations
• Disciplined negotiator in complex sourcing or multi-dimensional businesses; ability to balance cost, cash, speed, and service considerations
• Entrepreneurial aptitude with a commitment to client service
• Demonstrated executive presence and ability to develop relationships, communicate effectively and influence senior level management.
• Proficient in MS Office applications including Excel/financial analysis and PowerPoint/presentations
• Ability to gain consensus across multiple business units company wide
• Strong problem solving and leadership skills
• Ability to successfully function at a strategic level as well as a hands-on tactical individual contributor that is comfortable in the details

Travel

This position will require less than 10% travel.

Other Duties

This Position Description is not an exhaustive list of the duties and responsibilities, and the employee is expected to perform other duties as necessary and assigned. The duties and responsibilities of this position may be modified at any time to meet changing business needs.