The Strategic Procurement Senior Manager will utilize his/her knowledge of best practices in supply chain management to optimize and manage packaging categories for Sundial Brands LLC. The right candidate must enjoy working in a fast paced and quickly evolving environment with minimal direction. The Senior Manager will manage a combined annual spend of ~$40MM, comprised of primary, secondary and tertiary packaging components, and promotional display / PDQ. Due to significant growth the company is experiencing, this category is expected to increase exponentially over the next few years. This position leads the effort to transform the company procurement function to be a strategic and value added asset for the Sundial business while ensuring scalable readiness to support the significant growth of the company. In concert with the larger operations team, this key role will be responsible for providing comprehensive supply chain leadership and support to broader operations, manufacturing and external supply network with primary focus on material cost management, strategic sourcing and supplier relationship management. This position participates in the establishment and deployment of standard processes, policies & procedures, taking the necessary steps to assure compliance. This individual shall also perform advanced analytical and consultative activities that report and leverage data for all suppliers and analyze new, innovative cost effective ways to reduce costs and improve productivity. This individual will also be expected to build and leverage supplier relationships to enable supplier driven innovation ideas.
Develop, plan and execute sourcing strategies that deliver on annual savings targets and improve supplier performance
Drives spend and opportunity / risk analyses, prioritizing strategic sourcing opportunities within assigned categories and throughout the SC environment where applicable
Champions the strategic sourcing processes; ensures consistent application of processes; drives strategic thinking within the business
Actively seek new sources for existing materials, supplies and vendor services where doing so will improve overall quality, on time delivery, cost reductions, and reliability
Manage and lead RFI, RFQ, and RFP planning, preparation and execution processes as necessary
Lead negotiations and manage all aspects of the agreements and supplier relationships for assigned categories
Implement best practices in procurement and supplier management
Actively communicate with other areas of the business to coordinate efforts, look for opportunities to leverage buying power, and share best practices
Provide expertise in the area of sourcing and procurement across all functional areas
Participate in both short and long term strategy discussions concerning applicable categories, and make appropriate recommendations based on general market conditions
Support establishing, implementing and monitoring purchasing standards, controls, policies and procedures
Prepare various reports including cost savings (comparing results vs. established goals), cost increases, quote/project analysis and other such reports, as needed
Actively participate in the annual goals and objectives setting processes, (including stretch targets) in coordination with the company leadership, and manages performance to assure attainment
Partners with rest of the operational functional teams to ensure period-over-period process improvements and associate development.
Responsible for timely reporting to agreed-on KPIs and presents strategic sourcing plans, activities and successes to the Senior Leadership Team.
Supports the development and implementation of enabling procurement / sourcing technologies
Drives innovation and a focus on continuous improvement within the supply chain organization
BA or BS degree preferably in Supply Chain/Operations management, minimum in a business/industrial/engineering related field. ? A minimum of 8+ years of relevant sourcing / procurement experience – packaging material and manufacturing support experience desirable
3+ years of team leadership / supervisory experience
ISM or APICS certification desirable. Six Sigma or Lean training and experience also desirable, but not required ? Outstanding analytical skills with the ability to use a structured approach to understand, analyze and solve complex problems / issues
Ability to develop working partnerships with senior executives across the business and to challenge and influence them to create change ? Strong written communication and excellent oral presentation skills, and the ability to present convincingly at senior levels
Ability to coordinate multiple group efforts to achieve objectives
Excellent organizational and problem solving skills
Strong project management skills and ability to handle multiple tasks while cognizant of deadlines
Computer proficiency in Microsoft Word, Excel, and PowerPoint
Bain Capital, LP is one of the world's leading private investment firms with approximately $75 billion in assets under management. We partner with our Private Equity portfolio companies to find the best procurement talent. A list of our companies can be found at www.baincapital.com.