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LCI · 2 weeks ago

Director, Strategic Sourcing and Procurement

Durham, NC

Full-time

Hybrid

Director/Executive

10+ years exp

LCI is dedicated to providing meaningful employment for the blind and visually impaired through various initiatives. The Director of Strategic Sourcing and Procurement is responsible for developing and executing sourcing and procurement strategies that optimize cost and supplier performance while ensuring supply continuity and driving value creation.

EmploymentManufacturingRetail TechnologyWholesale

Responsibilities

Strategic Sourcing and Category Management

Procurement Operations

Supplier Management and Risk

Leadership and Collaboration

Analytics and Technology

Oversee category management across direct and/or indirect spend (e.g., materials, services, logistics, capital)

Drive total cost of ownership (TCO) analysis and value engineering initiatives

Responsible for procurement of manufacturing raw materials for all plant locations

Work environmental/safety ensure receipts of Material Safety Data information and other certifications of materials and suppliers

Establish and enforce procurement policies, procedures, and governance frameworks

Partner with Finance to support budgeting, forecasting, and cost management

Build and maintain strategic supplier relationships and performance management programs

Lead supplier negotiations to secure favorable commercial terms and mitigate risk

Monitor supplier risk, continuity, regulatory adherence and ethical practices

Drive supplier innovation and continuous improvement initiatives

Lead, mentor, and develop sourcing and procurement teams

Collaborate cross-functionally with Operations, IT, Quality, Finance, and business units

Serve as a trusted advisor to executive leadership on sourcing and procurement strategy

Leverage data analytics to track spend, savings, performance, and compliance

Champion procurement systems and digital tools (ERP, e-sourcing, contract management)

Establish KPIs and dashboards to measure sourcing effectiveness and value delivery

Responsible for establishing minimum and maximum inventory levels and complying with these limits

Understanding trends in the Company and industry performance and relate them to the performance of assigned markets

Interacting with other market development professionals to gather market data

Review proposed discount programs and determine potential impact on revenues/sales and report findings to manager

Develop revenue forecasts for assigned markets

Establish and maintain multiple price levels for manufacturing, distribution, and retail markets

Oversees data integrity projects to ensure all data is accurate

Communicates product changes, adds and deletes to internal customers

Other duties and projects as assigned

Qualification

Strategic sourcingProcurement operationsSupplier managementData analyticsFinancial acumenExcelLeadershipNegotiationCommunicationCritical thinkingAttention to detail

Required

Bachelor's degree in Supply Chain Management, Business, Finance, Engineering, or related field

10+ years of progressive experience in strategic sourcing and procurement

5+ years in a leadership-level role

Proven track record of delivering measurable cost savings and value creation. Experience managing large, complex supplier portfolios

Must have strong PC skills, specifically in Excel, Access, and/or Power BI

Have a thorough understanding of product price and its relationship with product cost in order to develop sourcing and procurement policy recommendations

Be able to analyze and interpret contracts

Must have excellent reasoning and critical thinking skills as well as extreme attention to detail

Excellent leadership, communication, negotiating and stakeholder management skills

Must have advanced analytical and financial acumen

Benefits

Basic Life Insurance at no cost to the employee

401(k) with match and Surplus-Sharing Plans

Health, Dental, and Vision Insurance

Ten paid holidays annually

Paid Time Off (PTO)

On-site Health and Wellness program

Employee Assistance Program (EAP)

Company

LCI

LCI is a provider of manufacturing, distribution, wholesale, retail and technology consulting solutions – and one of the largest employers of Americans who are blind or visually impaired.

Founded in 1962

White Plains, New York, USA

501-1000 employees