Sourcing Director - Private Label Category

Job Description

We are looking for an experienced Sourcing Director to lead the private label category sourcing efforts for a scientific instrument manufacturing company. This role involves developing and implementing strategic sourcing practices, supplier management, and cost optimization processes to ensure the procurement of high-quality products. The ideal candidate will bring extensive leadership experience in sourcing, a strong understanding of supplier relationships, and expertise in healthcare distribution. This is a Long-term Contract position based in Mendota Heights, Minnesota.

Responsibilities:

• Establish and implement advanced sourcing frameworks, policies, and analytical tools to optimize supplier relationships and procurement strategies.

• Lead and mentor a dedicated sourcing team, ensuring alignment with organizational goals and fostering growth.

• Develop and execute strategic sourcing plans that enhance cost efficiency, product quality, and supply chain effectiveness.

• Conduct competitive bidding processes to secure suppliers that meet quality, pricing, and service standards.

• Collaborate with cross-functional teams, including marketing, quality assurance, supply chain, and finance, to meet regulatory and product specifications.

• Build and maintain strong partnerships with suppliers, monitoring their performance through KPIs and service level agreements.

• Oversee cost modeling and profitability analysis to identify cost-saving opportunities and drive negotiations.

• Manage budgets related to private label sourcing, ensuring alignment with financial objectives and company goals.

• Conduct regular supplier audits and assessments, making adjustments to improve quality and compliance.

• Supervise the entire product lifecycle, from initial sourcing to final delivery, ensuring seamless execution across all stages.• Proven leadership experience in sourcing, with a strong background in supplier management and strategic procurement.

• Expertise in cost modeling, competitive bidding, and value optimization techniques.

• Extensive experience within the healthcare distribution industry, particularly in private label sourcing.

• Strong analytical skills to assess supplier performance and drive cost-efficiency initiatives.

• Proficiency in collaboration with cross-functional teams to ensure compliance with regulatory and quality standards.

• Ability to manage budgets and implement cost-saving measures without compromising product quality.

• Exceptional communication and presentation skills to articulate sourcing strategies and results.

• Proficiency in Microsoft Excel, Word, and other relevant tools for reporting and data analysis.