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Global Strategic Sourcing Lead - Minneapolis, United States - Lube-Tech
Description
With a purpose to
make tomorrow a little bit better than today for each other, our customers, and our communities , Lube-Tech provides an environment where you can love what you do and display your true potential.
A position that is :
Salary, full time
With top-tier benefits starting DAY ONE including:
Medical Plan options, including fertility coverage and free mental health and telehealth coverage
Dental, and Vision Insurance
FSA/HSA options
Paid parental leave
Company-provided short-term disability, long-term disability and life insurance
Supplemental Insurances, including accident, critical illness, hospital, and supplemental life insurance
401(k) with a generous company match
Free virtual exercise therapy and health coaching
Pet Insurance Benefits
Tuition reimbursement
21 Paid Days Off
7 Paid Holidays
Profit Sharing accelerated by YOUR performance
Exclusive role benefits:
Short-term Incentive Plan (STIP)
Dress For Your Day (casual dress environment)
Work Your Way (hybrid work) - Three days on site with anchor day on Wednesdays
Company computer provided
Career advancement opportunities
HOW YOU WILL CONTRIBUTE TO OUR TEAM (Overview & Key Responsibilities):
The Global Strategic Sourcing Lead is responsible for defining the category sourcing strategies, as well as overall supply chain management.
The individual will lead efforts to optimize sourcing strategies to enhance quality, ensure cost-effectiveness, manage risks, and support the company's sustainability goals.
Function within the guidelines of the Lube-Tech company values, vision, and mission.
Develop and execute global sourcing strategies, focusing on sustainability, innovation, cost reduction, supply chain resilience, safety, and supply chain risk.
Lead supplier selection, negotiation, and relationship management with suppliers, ensuring they meet quality, sustainability, and delivery requirements.
Responsible for the delivery of specific cost reduction and cash flow targets in alignment with overarching goals and objectives, with a focus on Total Cost of Ownership (TCO).
Visit various domestic and international suppliers and Lube-Tech facilities to help with site audits, manage supplier performance reviews, identify sourcing cost savings, and process improvement opportunities.
Implement risk management practices for supply chains, addressing potential supply disruptions, commodity price volatility, and regulatory changes.
Support New Product Development (NPD) projects with expertise, ensuring supply chain capabilities align with project timelines and specifications.
Manage supplier related COPQ, product life cycle, as well as actively participate in SMOG action plans.
WHAT YOU NEED TO SUCCEED (Minimum Qualifications):
Bachelor of Science in Business Management, Operations Management, Supply Chain Management, or related discipline.
5-10 years of strategic sourcing or procurement experience.
Demonstrated ability in negotiating agreements and managing supplier relationships.
Lean manufacturing experience preferred.
Strong analytical, problem-solving, and project management skills.
Excellent communication and stakeholder engagement abilities.
Successfully drive simultaneous activities, meet deadlines, and achieve results.
Familiarity with Government regulations.
Ability to work independently, creatively, and be an innovative thinker.
Thorough working knowledge of ERP applications (i.e. JDE).
Advanced MS Office application skills (Excel, Word, Outlook, PowerPoint).
Ability to travel up to 25% domestically and internationally for supplier engagements and industry events.
Lube-Tech is an Equal Employment Opportunity/Affirmative Action Employer. Qualified applicants including women, minorities, veterans, and individuals with disabilities are encouraged to apply.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.
41 CFR c)#J-18808-Ljbffr