Director of Strategic Sourcing Strategy

About UsInventus Power is a global leader in advanced battery systems that specializes in designing and manufacturing high-quality, reliable, and innovative power systems for a broad range of portable, motive, and stationary applications. We are a US based company headquartered in Woodridge, Illinois and have a global presence that extends across four continents with five manufacturing facilities, three engineering technical centers, a multi-tiered sales service channel, and 3,000+ employees. For over 60 years, Inventus Power has been addressing the rapidly expanding power demands of a changing world through technology and engineered solutions. We continue to invest in our people and processes, while enhancing our products and capabilities in order to create a safer, smarter, and more sustainable battery-powered world.We are an ITAR facility and hire only U.S. persons who are defined as U.S. citizens or green card holders.What You'll DoThis exciting opportunity will focus on leading the North American Strategic Sourcing organization in the execution of supply chain strategies in the lithium-ion business. Partner with the EVP of North America Operations and Supply Chain to establish a regional focused strategic sourcing team. Develops sourcing standards aligned to North American sourcing strategy. Oversees all aspects of supplier selections, negotiations, and contract administration. Responsibilities (Including other duties as assigned)Developing the North American Strategic Sourcing Strategy and team structureCategory Strategy Development: Develop and execute a comprehensive category strategy for electronics, plastics and other packaging materials, aligned with the organizations overall procurement and business objectivesPartner with the Asian sourcing teams to identify optimal global sourcing needs where localization is not beneficialConduct market research and analysis to identify new opportunities, potential risks, and emerging trends within the Steel industrySupplier Management: Lead supplier identification, evaluation, selection, and relationship management activitiesEstablish and maintain strong partnerships with key suppliers to ensure the highest quality, competitive pricing, and timely delivery of steel raw materials, components and productsNegotiation and Contract Management: Negotiate favorable terms, conditions, and pricing with suppliersCost Optimization: Implement cost reduction initiatives and continuously monitor market dynamics to capitalize on cost-saving opportunities within categories in scope without compromising qualityCollaboration: Work closely with cross-functional teams, including Engineering, Product Development, and Operations, to understand their requirements and ensure alignment between procurement and business objectivesSupplier Performance Management: Define and track key performance indicators (KPIs) for suppliers, evaluate their performance regularly, and work collaboratively to address any performance issuesTeam Leadership: Build and lead a high-performing team of procurement professionals to support the Steel categoryProvide coaching, mentorship, and professional development opportunities to team membersWhat You Will NeedWe are looking for someone to setup, manage and provide strategic leadership for our North American Strategic Sourcing organization5+ years of experience leading a supply chain or engineering team and familiarity with industrial operationsBachelor's degree in operations, supply chain, business, or engineeringMBA is a plusMarket knowledge in electronics, plastics and packagingNegotiation skills & strategic mindsetOperations acumenProject management skillsDemonstrated success in negotiating and managing supplier contracts to achieve cost savings and enhance supplier performanceExperience in managing cross-functional teams and building collaborative relationshipsAnalytical and problem-solving skills, with the ability to make data-driven decisionsEnglish communication (written and verbal)Presentation skills, able to influence stakeholders at all levelsAbility to travel in North America and internationally, up to 40%Inventus Power is proud to be an Equal Employment Opportunity and affirmative action employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.Responsibilities[Be specific when describing each of the responsibilities. Use gender-neutral, inclusive language.]Example: Determine and develop user requirements for systems in production, to ensure maximum usabilityQualifications[Some qualifications you may want to include are Skills, Education, Experience, or Certifications.]Example: Excellent verbal and written communication skills

Created: 2024-11-01