Procurement & Strategic Sourcing Manager

Velocity Restorations•Cantonment, FL

69d•$125,000 - $145,000

About The Position

Velocity Restorations is a high-growth manufacturer of premium classic vehicles producing approximately 150 complete vehicles annually. Its supply organization manages approximately $25 million in annual material spend, $8 million in inventory, roughly 8,000 active SKUs, and approximately 250 suppliers. The company is transitioning from a traditional restoration environment into a disciplined manufacturing operation and is seeking a leader who can build scalable systems. The Procurement & Strategic Sourcing Manager owns the purchasing and strategic sourcing function. This is a leadership and transformation role rather than a transactional purchasing position. The manager will rebuild processes, develop buyers, negotiate supplier agreements, establish vendor-management systems, reduce supply risk, and create a professional procurement organization. The role offers significant autonomy to redesign the department and requires comfort with supplier negotiations, difficult-to-find components, machining-cost analysis, overseas supplier development, and hands-on buyer coaching.

Requirements

10 or more years of manufacturing procurement or supply-chain experience.
Significant leadership experience developing buyers.
Strategic sourcing and supplier-development experience.
Expertise in contract and commercial negotiation.
Domestic and international sourcing experience.
Experience sourcing machined and fabricated components.
Strong understanding of manufacturing processes and cost drivers.
ERP/MRP expertise.
Demonstrated cost savings and supplier-performance improvement.
Experience creating procurement processes, KPIs, and SOPs from the ground up.
Experience building or transforming a procurement organization.

Nice To Haves

NetSuite experience.

Responsibilities

Lead, coach, and develop the purchasing team.
Establish buyer responsibilities, commodity ownership, purchasing standards, SOPs, approval structures, and escalation processes.
Train buyers in negotiation, sourcing, supplier management, commercial analysis, and purchase-order management.
Build a disciplined daily and weekly management cadence.
Develop domestic and international sourcing strategies and qualify alternate suppliers for critical and high-risk components.
Source fabricated, machined, cast, forged, electrical, mechanical, and automotive components.
Develop overseas sourcing relationships where commercially and operationally appropriate.
Evaluate make-versus-buy opportunities and support outsourcing of machining, fabrication, and other manufacturing processes.
Lead commercial negotiations with key suppliers, including pricing, payment terms, lead times, freight terms, tooling ownership, warranty obligations, minimum-order quantities, and long-term supply agreements.
Understand and negotiate purchase-order terms and conditions.
Develop RFQ/RFP processes and competitive sourcing events.
Establish annual cost-reduction targets.
Segment the supplier base by spend, criticality, and risk.
Establish supplier scorecards covering quality, cost, delivery, and responsiveness; conduct regular business reviews with key suppliers and develop corrective-action plans for underperforming suppliers.
Reduce single-source and long-lead-time risk.
Partner with Supply Chain Management and Production Planning to ensure material availability.
Use MRP/ERP data to proactively identify future shortages and drive supplier commitments against production requirements.
Eliminate dependence on last-minute expediting and firefighting.
Build a formal procurement operating system and establish commodity and supplier ownership across the buyer team.
Develop measurable buyer performance standards and raise the capability of every buyer on the team.
Implement supplier scorecards for strategic suppliers and establish contract and negotiation standards.
Reduce past-due purchase orders and supplier shortages, produce measurable purchase-price and total-cost improvements, and develop alternate sources for critical supply risks.
Manage performance against KPIs including supplier on-time delivery, production-impacting material shortages, past-due PO reduction, purchase-price/total-cost improvement, supplier quality, strategic supplier coverage, alternate-source development, buyer development, contract coverage, and expedite spend.