VP, Procurement

We are hiring Rockstars to join our Sauer Brands team!

Overall Goal of Position:

This role will be responsible and accountable for Direct (including External Manufacturing) and Indirect Spend with a heavy focus on Risk Management and Commodity hedging activities.

Job Summary:

The incoming Head of Procurement will be responsible for designing and executing the Procurement Strategy with a focus on Risk Management, overseeing and developing the procurement team, and driving cost-effective procurement processes and strategies to optimize the company's costs, deliver on productivity commitments and enable innovation objectives through the Supply Base.

Key Duties and Responsibilities:

• Optimize, lead and help to develop a highly effective and engaged Procurement organization.
• Take on a leadership role in the company’s comprehensive risk management operation, including coverage, contracting and derivatives/hedging strategies.
• Lead the commodity reviews with a cross-functional steering committee that will ultimately approve coverage and hedging strategies.
• Identify and implement the systems and processes required of a best in class centralized procurement function.
• Develop and/or refine the vision, strategies and roadmap for the Procurement team.
• Build a best-in-class Procurement team by attracting, developing, and retaining top talent. Foster a culture of continuous learning and improvement to achieve and maintain a competitive advantage.
• Work to eliminate supplier, material and specification complexity – jointly with other functions.
• Accountable for developing negotiation strategies and driving negotiations to achieve business goals and objectives; fostering supplier collaboration and continuous improvement to deliver value.
• Develop a robust Supplier Relationship Management capability, investing in key partnerships that will help drive optimized cost and service while mitigating risk.
• Develop strong relationships and collaborate closely with business unit leaders, and other functions such as R&D, Supply Chain, Manufacturing, Logistics and Finance to drive cross-functional projects related to innovation, renovation and productivity.
• As a member of the Operations team, contribute to the development and implementation of the overall supply chain strategy.
• Develop regular cadence of reporting to leadership. Ensure that relevant stakeholders have access to reliable and relevant financial information with regards to category sourcing, procurement performance, key risks, spend analytics and savings opportunities.
• Ensure the highest ethical standards of good business practice for staff and suppliers.
  
  

What We Are Looking For:

• Personal Characteristics
• Entrepreneurial drive and the desire to “build a business.”
• Outgoing, energetic, and results oriented personality
• Calm during periods of stress
• Attention to detail balanced with ability to see the big picture
• Overall confidence in one ability and comfortable communicating the facts
• Smart, creative, and inquisitive
• Integrity-Does the right thing even when no one is looking
• Disciplined approach, and accountable for KPIs.
• No excuses mindset
• Dependable team player with positive attitude
• Passion for data and analysis, and solving problems
• Personal values that mesh with SBI values
• Performance History
• Documented history of making improvements in assigned work area.
• Proven ability to manage financial systems and processes
• Stellar references based on contributions and performance
• Critical Leadership Capabilities
• Explains specifically how changes in markets, suppliers, competitors and market segments affect the business.
• Translates broad corporate strategies into clear, specific objectives.
• Delegates roles thoughtfully to free self to work at a more strategic level.
• Collaborates with each employee to establish clear, challenging performance goals and metrics for the year.
• Designs a process to monitor projects and deliver results that exceed expectations.
• Ability to collaborate with a wide range of stakeholders, from line workers in factories to individuals in the C-Suite in an authentic and real way. Presents with humility and credibility with a broad spectrum of stakeholders.
• Anticipates and interprets market changes and can adapt strategic priorities and choices to achieve the desired results. Thinks and plans ahead, reframes issues, and quickly cuts through complexity to the key success levers.
• Executive Presence, confidence without ego and can build trust with group presidents and other senior business leaders. Excellent written and verbal communication skills.
• Proven ability to deliver operational initiatives and achieve results from the ground up. Going beyond the surface to find root-cause solutions to problems, driving increasingly higher margin and efficiency, and collaborating both within the organization and externally to deliver improvements.
• Education & Experience
• Undergraduate degree required .
• A minimum of 10+ years of procurement leadership experience in a food manufacturing space with knowledge and understanding of industry standards.
• Meaningful experience in commodities, risk management (derivatives and hedging). Substantial experience in Soybean Oil commodity management and strategy is strongly preferred.
• Results driven leader with experience in risk management, strategic sourcing, category strategy, vendor economics, supplier management/innovation and total cost of ownership across direct (including External Manufacturing) and indirect areas of spend.
• Strong understanding of broader supply chain processes with ability to work closely across the E2E supply chain.
• Strong ability to develop and implement strategic plans that align with company-wide objectives. Experience in translating business strategies into actionable procurement strategies that drive competitiveness, innovation, and sustainability.
• Exceptional leadership skills with a focus on building, mentoring, and retaining high-performing teams.
• Other:
• This position is located and based in Richmond, VA.
  

What Is In It For You?

Our company acknowledges talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:

• 401K
• Medical/Dental/Vision Coverage
• Vacation, Sick Days and Holidays
• Flexible Spending Accounts
• Tuition Reimbursement
• Employee and Dependent Life Insurance
• Voluntary Disability Insurance
• Other Voluntary Insurance Options
  
  

Sauer Brands, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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