Velcro Companies · 2 months ago
Vice President, Global Sourcing
United States
Full-time
Remote
Director/Executive
15+ years expVelcro Companies is seeking a Vice President of Global Sourcing to provide strategic leadership for their global sourcing, procurement, and supplier management functions. This role is responsible for developing cost-effective and sustainable sourcing strategies that align with organizational goals and drive competitive advantage.
Information TechnologyManufacturingTextiles
Responsibilities
Develop and execute the company’s global sourcing and procurement strategy aligned with overall business objectives
Identify and pursue opportunities to optimize total cost of ownership, improve supply chain efficiency, and strengthen supplier relationships
Build and lead a global sourcing team capable of supporting current and future business growth
Excellent communication and presentation skills. Collaborates well with suppliers and internal customers
Continue to develop/enhance global metrics and KPI measuring tools for the betterment of the company
Lead, monitor, coach Sourcing team on all critical Sourcing KPI’s and initiatives/projects
Keep current on category market, cost drivers, mega trends, and economic outlook to guide category strategies and keep company updated on opportunities & risks
Manage supporting personnel in the execution of the multi-step strategic sourcing process
Support strategy development and negotiations for all major global business agreements
Establish a robust global supplier selection, evaluation, and performance management framework
Negotiate global contracts that secure favorable terms, mitigate risks, and ensure compliance with regulatory, ethical, and sustainability standards
Drive global supplier innovation in product development, technology, and supply chain resilience
Partner with internal stakeholders (R&D, operations, finance, quality, logistics, etc.) to align sourcing strategies with organizational needs. (e.g. make v. buy)
Implement best-in-class sourcing processes, tools, and analytics to enhance decision-making and visibility across the supply base
Ensure continuity of supply and proactively manage global risks including geopolitical, financial, and operational challenges
Lead the deployment of KPI’s that define performance targets aligned with the financial and supply chain performance goals of the company (global, regional, local)
Lead the implementation of Supply Chain Financing solutions to extend payment terms aligned with company goals across the supplier base
Ensure adherence to company policies, legal requirements, and industry standards across all sourcing activities
Champion sustainability, diversity, and corporate social responsibility within the global supply chain
Monitor and report on sourcing performance, cost savings, and risk metrics to senior leadership and the board
Qualification
Required
Bachelor's degree in supply chain management, Business Administration, Engineering, or related field (MBA preferred)
15 years of progressive experience in global sourcing, procurement, or supply chain management, with at least 7 years in senior leadership roles
Demonstrated strong Operation, Project Management, Finance and Strategic Planning knowledge in building business units and product category strategies
Proven experience as a business executive with sound management skills and experience managing metric-oriented performance objectives
Proven track record of negotiating and managing complex global supplier agreements and partnerships
Experience in Strategic Sourcing of commodities, raw material, and finished goods is preferred
Experience in a continuous improvement environment with a successful YOY track record
Experience operating successfully in an agile, highly matrixed environment
Experienced in team building and management of direct/indirect reports
Experience in multicultural negotiations, contracting and supplier management activities required
Experience in leading large, global complex supply management solution projects required
Strong financial acumen with the ability to develop and manage budgets, forecasts, and business cases
Excellent leadership, communication, and influencing skills with the ability to operate across cultures and geographies
Strong change-management skills, able to lead transformation initiatives in fast-paced, dynamic environments
Strategic thinker with demonstrated ability to deliver cost savings, supplier innovation, and operational efficiencies
Strong MS Office Skills (Outlook, PowerPoint, Excel, Word)
Ability to travel, both domestic and internationally; up to 20%
Preferred
LEAN and Kaizen experience
Continuous improvement, Six Sigma concepts & methodologies, and work experience as a leader with excellent negotiation skills
Oracle or equivalent ERP experience
Benefits
Medical and Prescription Coverage (HSA and HRA Options)
Dental Coverage
Vision Coverage
Flexible Spending Accounts
*Award Winning* Wellness and Incentive Program
Life Insurance
Short- and Long-Term Disability
Business Travel Accident Insurance
Voluntary Accident & Critical Illness Insurance
EAP (Employee Assistance Program)
401(k) Saving Plan *with generous 5.5% Company match and Immediate Vesting*
Paid Vacation Time
Paid Sick Time
Paid Parental Leave
13 Paid Company Holidays
Tuition Reimbursement Program
Financial Wellness Benefit – Smart Dollar®
Employee Recognition Programs
Employee Resource Groups
Charitable or Educational Matching Gift Program
Employee Referral Bonus Program
Company
Velcro Companies
Our story begins with the invention of the Original VELCRO® Brand hook and loop fastener more than 60 years ago.
1001-5000 employees
H1B Sponsorship
Velcro Companies has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (4)
2023 (3)
2022 (4)
2021 (3)
2020 (10)
Funding
Current Stage
Late StageLeadership Team
G
Gabriella Parisse
Chief Executive Officer
Recent News
2025-06-22
2022-05-27
2022-05-11
Company data provided by crunchbase