Managing Director, Sourcing & Procurement

Overview

LogicSource Overview

LogicSource is an innovative leader in sourcing and procurement services, helping companies increase profits through better buying. We’ve reinvented sourcing and procurement with an execution-based, fully transparent business model that ensures our clients don’t spend a dime until they see results.

Our people gain exposure to projects and clients spanning a broad set of categories across multiple industries, with opportunities for involvement across functions and learning new categories.

Position Summary:

We have an immediate opening for a full time Managing Director, Sourcing and Procurement - Indirect at our retail client in Vancouver, BC. As a key member of our Client Services team, you will be responsible for leading and managing the indirect sourcing and procurement business function. This role will lead an existing and expanding team of procurement professionals while engaging with all relevant client stakeholders and executive sponsors. The Managing Director will have responsibility for $300MM+ in spend across Indirect Categories including Distribution and Logistics, Marketing, IT, Packaging, and Professional Services. In this capacity, the Managing Director will assure achievement of aggressive category management plans, operational redesign, process improvements, and savings goals. This role will establish the overall Indirect Spend governance structure in collaboration with Senior Client Executive Sponsors and report directly to LogicSource’s Managing Partner, Client Services.

Responsibilities

Responsibilities:

• Lead Indirect Spend category management, strategic sourcing, and procurement operations responsible for LogicSource’s Sourcing and Procurement Transformation program to assure immediate and ongoing Client value through cost reduction, market insights, strategic supplier relationship management, and operational efficiencies.
• Build relationships with business unit executive sponsors and stakeholders to assure alignment of Indirect Category Management plans and achievement of overall savings targets.
• Collaborate with the LogicSource Center of Excellence shared service team of sourcing and procurement professionals to execute sourcing strategies for all Indirect Spend categories, including Distribution & Logistics, Marketing, IT, Packaging, and Professional Services.
• Identify, lead, and drive business process in-source/outsource and operational redesign activities. Collaborate with client stakeholders to assure realization of cost-reduction opportunities.
• Drive the Change Management program to influence behaviors across the business to align with a mature procurement model and assure timely execution of sourcing events.
• Establish and oversee Indirect Spend program office and governance structure to assure alignment across client and achievement of savings goals.
• Build a comprehensive procurement tool box: negotiation plans to support strategic sourcing, should-cost models, volume aggregation or bundling, competitive bidding, demand management, identification of new supply models, innovation, cross-portfolio leveraging, co-sourcing, tendering, low cost country models.
• Create immediate cost savings and next-level sourcing advantage for the client where spend and sourcing productivity have a future pipeline of value.
• Identify and implement a sourcing prioritization model driven by both benchmarking and category price to value analysis.
• Ensure effective roll-out and utilization of OneMarket Technology Sourcing & Procurement modules for Sourcing & Procurement team and client stakeholders.
• Coordinate and oversee LogicSource’s Center of Excellence (COE) resources to drive savings opportunities and effectively manage vendor partners.
• Lead development and execution of total cost analysis where both price risk management strategies and value chain analysis can deliver predictable costs.
• Exercise leadership into the sourcing team optimizing human and informational resources to best manage category outcomes.
• Identify specifications improvement, cost containment, and value engineering opportunities.
• Implement better understanding of cost structures and application of clean-cost sheet planning to indirect category pricing.
• Facilitate communication between client business units, internal stakeholders, and suppliers for effective operation and delivery.
• Provide leadership, mentoring, and support to onsite and cross-functional teams to ensure they understand their roles and interdependence in the delivery of sustainable services.
• Create procurement and requisitioning standard operating procedures to ensure compliance with best in class policies and procedures.
• Continuously improve sourcing processes, drive cost reduction, and shape the future supply chain.
• Identify trends and develop solutions for problems causing under-delivery.
• Build and effectively maintain relationships within all organizational levels, including the C-Suite.
• Develop and deliver ongoing Client status updates including Quarterly Business Reviews.
• Learn and adapt to client's culture while maintaining cultural standards of LogicSource.
• Monitor project progress and provide effective status reporting.
• Understand industry trends and growth sectors for LogicSource’s expansion considerations.
• Facilitate communication between client business units, internal stakeholders, and suppliers.

Qualifications

Required Education and Experience:

• Candidate must be eligible to work in Canada.
• Bachelor’s degree required, Master’s degree preferred.
• Minimum of 15 years of progressive leadership experience in strategic sourcing & procurement across a broad set of indirect categories.
• Strong financial acumen with multi-year experience building, managing, and delivering against P&L’s.
• Demonstrated success in managing vendors and experience in high-value contract negotiations.
• Disciplined negotiator in complex sourcing or multi-dimensional businesses.
• Entrepreneurial aptitude with a commitment to client service.
• Demonstrated executive presence and ability to develop relationships and communicate effectively.
• Proficient in MS Office applications including Excel and PowerPoint.
• Proven innovator with significant experience in driving operational and organizational change management.
• Strong problem-solving and leadership skills.
• Ability to function at a strategic level as well as a hands-on tactical individual contributor.

Travel

This position may require occasional travel.

Other Duties

This Position Description is not an exhaustive list of the duties and responsibilities, and the employee is expected to perform other duties as necessary and assigned.