Director of Strategic Sourcing

Colder Products - Arden Hills, MN

Full-time - Senior

Arden Hills, MN

Wholesale Trade Agents and Brokers

About the position

The Director of Strategic Sourcing at CPC Colder Products Company is responsible for overseeing strategic planning, commodity management, supplier selection, cost optimization, capital management, and risk mitigation. This role requires collaboration across various functions to ensure timely delivery of high-quality products that align with the company's financial goals.

Responsibilities

• Establish trusted relationships with internal stakeholders to align supplier capabilities with business objectives.
• Lead, mentor, and drive high-performance outcomes within the CPC sourcing team.
• Develop and execute category and sourcing strategies; manage strategic supplier relationships, including performance management and RFx processes.
• Partner to co-develop and implement sourcing strategies, covering supplier identification, contract negotiations, and relationship management.
• Foster partnerships with strategic suppliers to ensure timely, high-quality deliveries; identify opportunities for cost savings, risk mitigation, and process improvements.
• Assess supply chain risks for small molecule portfolios, developing contingency plans to ensure supply continuity.
• Monitor industry trends, supplier capabilities, and emerging technologies; perform market analyses to uncover new opportunities and risks.
• Drive efficiency through data analytics, implementing improvements in sourcing processes, and leveraging performance metrics for supplier optimization.
• Support the annual budget process, analyze Bills of Material (BOM), and provide cost guidance to identify financial risks and opportunities.
• Uphold and assist in developing Sourcing & Supplier Quality policies; support ISO, ASI, and other certifications.
• Maintain and enhance the ERP system to improve reporting and operational efficiency.
• Demonstrate support of CPC core values.
• Comply with all company policies and safety regulations.

Requirements

• Bachelor's degree or equivalent experience.
• 10+ years of strategic sourcing experience.
• Minimum of 5-7 years in a supervisory capacity within Strategic Sourcing.
• Proven expertise in Category Management, contract negotiation, supplier relationship management, and cost-saving initiatives.
• Proficient skills navigating large-scale ERP systems and PowerBI; Oracle preferred.
• Strong communication skills, attention to detail, and ability to manage multiple tasks independently or within a team.
• In-depth understanding of manufacturing technologies.
• Experience with suppliers in plastics, metals, or related fields, preferred.
• Creative problem solver with the ability to analyze and resolve problems using initiative.
• Self-motivated and confident, comfortable working independently and within cross-functional teams.
• Able to balance many tasks and conflicting priorities, negotiate conflict, and meet deliverables in a timely manner.
• High degree of computer proficiency, including Microsoft Word, Outlook, PowerPoint, and advanced Excel.
• Experience working in a global, multi-site manufacturing company, preferred.
• Experience working in medical device or other regulated industry, preferred.

Nice-to-haves

• Experience with suppliers in plastics, metals, or related fields.
• Experience working in a global, multi-site manufacturing company.
• Experience working in medical device or other regulated industry.

Benefits

• Paid holidays
• Paid time off (PTO)
• Paid parental leave