Director, Strategic Sourcing

Job Description
The Strategic Sourcing Director is responsible for leading the Company's global direct material sourcing organization and developing sourcing strategies that support the Company's financial, operational, and strategic objectives.

This position provides leadership for commodity management activities, supplier relationship management, commercial negotiations, market analysis, and supply risk mitigation while ensuring a resilient, competitive, and high-performing supply base.

The Strategic Sourcing Director partners closely with Operations, Engineering, Quality, Finance, Planning, and Program Management to ensure sourcing strategies support business growth, operational excellence, and customer commitments.

This role leads a team of Commodity Managers and sourcing professionals while driving continuous improvement across the procurement function.

Key Responsibilities
Strategic Leadership
- Develop and execute the global direct material sourcing strategy aligned with corporate objectives.
- Establish mid and long-term category strategies across all direct material commodities.
- Lead strategic sourcing initiatives that improve cost competitiveness, supply continuity, quality, innovation, and sustainability.
- Develop annual sourcing objectives, operating plans, and performance targets.
- Ensure sourcing strategies support business growth, operational excellence, and financial objectives.
 

Supplier Relationship Management
- Develop executive-level relationships with key strategic suppliers.
- Lead strategic supplier reviews and executive business reviews.
- Foster supplier innovation and collaboration to improve service, quality, and business value.
- Ensure appropriate supplier segmentation and governance processes.
 

Commercial Management
- Lead complex commercial negotiations involving pricing, contracts, payment terms, capacity, and long-term supply agreements.
- Ensure commercial agreements appropriately balance cost, risk, flexibility, and supply continuity.
- Oversee contract lifecycle management in partnership with Legal and Contract Administration.
 

Category & Commodity Management
- Direct development and execution of global category strategies.
- Review commodity strategies prepared by Commodity Managers.
- Balance regional and global sourcing opportunities.
- Ensure total cost of ownership principles are incorporated into sourcing decisions.
 

Supply Risk Management
- Lead enterprise-wide supplier risk assessments for direct materials.- Develop contingency plans for critical markets, suppliers, and services.
- Monitor supplier financial stability, regulatory compliance, cybersecurity, and business continuity capabilities.
- Ensure sourcing decisions consider operational, legal, financial, and reputational risks.
 

Cost & Value Leadership
- Deliver annual cost reduction and productivity targets.
- Drive value engineering and should-cost initiatives.
- Identify opportunities beyond purchase price, including inv...