Director Global Sourcing

LSI Industries, Inc.•Blue Ash, OH

65d•Onsite

About The Position

Headquartered in Cincinnati, LSI Industries (NASDAQ: LYTS) specializes in the creation of advanced lighting, graphics, and display solutions across strategic vertical markets. The company’s American-made products, which include lighting, print graphics, digital graphics, refrigerated and custom displays, aim to help businesses stand out in a competitive market. With a workforce of approximately 2,000 employees and 20 facilities throughout North America, LSI provides top-quality solutions for its clients. LSI’s management team is focused on continued profitable growth. Additional information about LSI is available at www.lsicorp.com [http://www.lsicorp.com/] We are looking for a Director Global Sourcing (PFG) to support our team at our corporate location in Cincinnati, Ohio Summary: This position will provide leadership in the systematic formulation and timely execution of documented, detailed and well-considered Purchased Finished Good (PFG) strategies. They will select, qualify, evaluate, and manage strategic suppliers. A self-starter simultaneously handling multiple categories with a high degree of initiative, accountability and accuracy requiring minimal daily direction consistent with modern purchasing techniques is desired. 1. Includes project managing the selection, evaluation, implementation, and management of strategic suppliers across multiple sites. 2. Ability to follow a process to complete spend analysis, write RFP’s, analyze data, negotiate, implement and monitor compliance to companywide programs, and ongoing evaluation and management of strategic suppliers. In this role, you will be responsible for analyzing and scoping the need by working closely with LSI Product Management, create the sourcing strategy, negotiate, work with our vendors and be responsible for the overall management and development of our suppliers. Responsible for the supply chain design of each PFG. You will also lead strategic sourcing initiatives and cross-functional teams, collaborate with subject matter experts to develop scope of work and overall business requirements/standards, draft effective RFI/RFP documents and draft and directly negotiate complex licensing and service agreements with strategic suppliers. Perform market analysis, detailed total cost of ownership comparisons, supplier evaluations and decision matrices, identify contracting risk and draft alternate language to mitigate these risk(s). Facilitate the proposal evaluation process and lead contract negotiations for a wide variety of services. Provide supply management and commodity expertise to clients and suppliers regarding products or services to ensure a total value supply management approach. Initiate and lead supply management processes for assigned contracts/suppliers including scorecards and executive forums.

Requirements

10 plus years strategic sourcing experience emphasizing negotiation, strategy writing, contracts and is knowledgeable with multiple commodities
Experience in global overseas markets is required
International sourcing experience required
Bachelor’s degree in Supply Chain Management preferred
Capable of simultaneously managing multiple and unrelated commodities or tasks
Ability to initiate and recommend commodity goals and accomplishments with a high degree of accountability
Able to professionally interact with all levels of supplier and internal management
High degree of written and math proficiency and accuracy
Time sensitive performer
Excellent PC skills especially spreadsheet analyses
Travel 20 -35% (including international travel)

Nice To Haves

Experience in the lighting industry a plus
APICS CPIM/CIRM or NAPM CPM is preferred but not required.

Responsibilities

Support LSI Product Management Purchased Finished Good needs.
Select, qualify, manage, and negotiate with PFG supply base.
Obtain NDA agreements with PFG suppliers as appropriate.
Negotiate and implement supply agreements (contracts) with key OEM suppliers.
Systematically develop, lead, implement, manage and promote key supplier relationships through intensive interaction with the supply base.
Lead category initiatives through cross-functional team formation and management
Develop and implement corporate programs to reduce supply base and achieve cost reduction goals
Manage supplier capabilities including but not limited to capacity planning, tooling and resource investments including inventory management
Develop, implement and measure contract performance of the supply base including performance metrics for total price savings, spend under contact, etc.
Clearly document and present milestone performance in all metrics in a credible and professional way
Build and demonstrate personal in-depth knowledge of related industry trends, cost drivers and world class supplier capabilities
Obtain and communicate supplier and competitor market intelligence to key LSI team members.
Working with Product Management and Sales, develop and implement regional product stocking strategies as well as recommend product mix and respective quantity by location.
Work with Buyers to develop a replenishment processes.