Strategic Sourcing Manager

Company: Dairy Farmers of America
Location: Kansas City
Posted on: August 24, 2024

Job Description:

General PurposeManage strategic sourcing of essential materials and/or supply relationships, ensuring consistent procurement standards and activities. Collaborate with various stakeholders to understand business goals and lead them through more prominent, more complex, higher financial impact, and/or large strategic sourcing initiatives. Support the formation and execution of complex or specialized category strategies. Focus on optimizing value stream through development and execution of near-term and multiyear campaigns (2 to 5 years) and prioritization of initiatives. Lead the management of supplier relationships; align priorities with internal business leaders; lead campaign implementation across business units; and seek opportunities to maximize total value delivered to DFA.Job Duties and ResponsibilitiESDevelop and execute strategic sourcing strategies, focusing on spend efficiency (cost savings), portfolio/material optimization, process and tools definition, and innovationEffectively work across business units and lead large and/or complex projects and teams. Support team and cross-train on complex strategy development; adapt quickly to changing business prioritiesDefine cost-savings targets through analysis and identification of "addressable" spend and understanding of business goalsDeliver against defined savings targets and develop robust pipeline of viable projects for the futureDevelop, monitor, manage, and report on KPIs for agreed-upon categories and/or supply relationshipsManage material inventories, build supply plans, and utilize demand based mass balances to drive purchasing recommendations Develop relationships with suppliers to partner on strategy development and drive productivity, innovation, and continuous improvementManage supply base to ensure supply continuity, service, and qualityManage procurement ERP footprint, ensuring an accurate portrayal of current supply state; this includes maintaining requirements, verifying POs are loading correctly, managing requirements by contract, and monitoring purchasing activity against contractual details for opportunities and issues (e.g., date, spend, and volume thresholds)Lead sourcing events and strategies; compile spend data and conduct category research. Create templates for RFPs and collaborate on implementation plans with the procurement teamDraft bid records and waivers for sourcing events as defined by procurement policyMonitor purchasing activity against contractual details for opportunities and issues (e.g., contract expiration, thresholds (both spend and volume), non-compliant spending)Oversee monthly inventory reconciliation for DFA owned materials and drive resolution of inventory discrepanciesReview and manage invoice issues, shipping errors, replacement of materials not meeting company specifications, and cancellation of orders, keeping stakeholders abreast of status throughout the processCollaborate with stakeholders to identify, document, and resolve sourcing issues (e.g., quality claims, late shipments, blocked invoices, incorrect invoices), escalating to management when predefined conditions are metOwn maintenance of material requirements planning settings for goods and materials under individual purviewSupport management of supply base and supply risk matrixMonitor variance reports and lead resolutionBuild strong stakeholder relationships, ensuring service orientation and effective capacity analyses and contingency planningInterpret business challenges and recommend best practices relying on specialized procurement and/or industry knowledge to optimize category opportunitiesParticipate in and/or lead projects involving broad processes (e.g., division/company) and provide feedback on how we can continually improve and evolve each process to maximize transparency, performance, and efficiencyFollow up with leadership and key stakeholders at established intervals to keep apprised of evolving business needs, solicit feedback on performance, and agree on modified plans for prioritized activities in response to the evolving environment, with measurable deliverablesComply with DFA policies (e.g., financial policies, procurement policies, confidentiality, and risk management policies) and communicate policies to suppliers and stakeholders to minimize risks The requirements herein are intended to describe the general nature and level of work performed by employee, but is not a complete list of responsibilities, duties, and skills required.--Other duties may be assigned as required

Keywords: Dairy Farmers of America, Kansas City , Strategic Sourcing Manager, Executive , Kansas City, Kansas