Director, Strategic Sourcing

Graco•Rogers, MN

1d•$125,500 - $219,600•Hybrid

About The Position

Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. The Director, Strategic Sourcing owns commodity strategy, cost-out delivery, supplier performance, supply resiliency and talent across a significant portfolio of direct materials. This position sets portfolio direction and priorities, approves commodity strategies, allocates resources across commodities and major initiatives, and is accountable for cost, quality, delivery and continuity outcomes delivered through the team. The individual in this position leads major negotiations, supplier escalations and executive supplier relationships while representing Sourcing with Operations & Supply Chain, Engineering, NPI and division leadership.

Requirements

Bachelor's degree in Business, Supply Chain Management, Engineering, Operations or related field.
10+ years of progressive sourcing, procurement, supply chain, manufacturing, engineering or related experience.
5+ years of progressive leadership experience, including responsibility for developing sourcing or category talent.
Significant experience leading complex commodity portfolios, major supplier negotiations and supplier strategy initiatives.
Demonstrated success delivering cost-out, supplier performance and resiliency outcomes through a team.
Strong executive communication, financial acumen, analytical capability, negotiation judgment and ability to influence cross-functional decisions.
Willingness to travel 30-50% of the time as required to meet business needs.
Applicants must be legally authorized to work in the United States. This role is not eligible for immigration sponsorship now or in the future (e.g., H-1B, TN, F-1 OPT).

Nice To Haves

Global industrial manufacturing or engineered-products experience.
MBA or Master's degree.
CPSM, CPM, CSCP, CPIM, APICS or related certification.
Experience leading global supplier portfolios or complex direct-material categories.
Experience with should-cost, index agreements, value engineering, supplier development, supplier risk and sourcing analytics.

Responsibilities

Set multi-year sourcing direction and priorities across assigned commodity portfolios.
Review, challenge and approve commodity strategies developed by the team.
Align portfolio strategies with business growth, plant and NPI priorities, cost competitiveness and supply continuity.
Allocate people and resources across commodities, supplier risks, sourcing initiatives and business priorities.
Own portfolio cost-out targets, sourcing funnel development and value-delivery commitments.
Ensure sufficient opportunity pipeline and funnel coverage to achieve annual savings goals.
Establish portfolio KPI and performance-review routines and drive corrective action when results are off track.
Drive accountability for supplier cost, quality, delivery, inventory, capability and resiliency outcomes across the portfolio.
Lead major supplier negotiations, supplier escalations and executive supplier relationships.
Drive supplier consolidation, supplier development and dual-source resiliency strategies.
Approve supplier selection recommendations and sourcing awards within policy thresholds.
Set negotiation mandates and walk-away positions for major sourcing events and supplier decisions.
Use market intelligence, should-cost analysis, index-based pricing and total cost of ownership to guide commercial decisions.
Represent Sourcing with Operations & Supply Chain, Engineering, NPI, Planning, Quality, Finance and division leadership.
Bring clear recommendations, risks and tradeoffs to supplier, portfolio and business decision forums.
Clarify decision rights and handoffs across Commodity Management, Sourcing Specialists, NPI Sourcing, Supplier Quality & Compliance and Plant Purchasing Operations.
Keep commodity strategy, supplier selection, pricing and negotiations connected to plant purchasing execution without shifting daily purchase order management into this role.
Lead, mentor, manage, and staff a team of Category Managers and Sourcing employees, ensuring alignment with organizational goals and promoting a culture of leadership excellence.
Develop and implement strategies for talent acquisition and management, succession planning, and leadership development to build a pipeline of future leaders.
Drive team performance by setting clear goals, providing ongoing feedback, and facilitating professional growth opportunities.