VP Sourcing at Medline Industries, Inc. in Northfield, Illinois

Job Description:

Job Summary

Job Description

JOB SUMMARY:

Oversee and manage overall raw material sourcing, vendor relationships and pricing negotiation for the division.

CORE JOB RESPONSIBILITIES:

• Oversee and manage the sourcing/procurement responsibilities of the Division. Meet with vendors and negotiate pricing. 


• Design, lead and implement cost savings across the division.


• Define and implement sourcing and procurement strategy.  Establish procedures to optimize the supply chain across business units.


• Oversee total cost of operation / ownership evaluations, market analysis and supply research, and price audits to identify new cost and efficiency improvements.


• Lead “make vs buy” analysis to optimize quality and savings opportunities.


• Work with Product Management, Marketing and Sales Operations to maximize savings opportunities.  Oversee development of new alternatives for cost savings opportunities. Strategize for most viable opportunities.


• Engage and support all significant expenditures including those outside the typical vendor-component area.  Analyze costs and help negotiate the rates and terms.


• Identify and drive continuous improvement initiatives to contribute to operational cost savings.  Lead cross-functional ideation kaizen events to identify cost out opportunities.


• Travel to the manufacturer (including overseas), qualifying them as a viable source, negotiating purchase price, determining volume commitments, securing exclusivity rights and executing a contract for purchase. 


• Management responsibilities include: 


• Typically, manages through Directors. 


• Provides leadership and management to one or more major departments of an operating unit or to a department that has system-wide accountability.


• Strategic, tactical and operational planning (24 + months) for the function or department;


• Direct budgetary responsibility for one or more departments, functions or major projects/programs;


• Interpret and execute policies for departments/projects and develops;


• Recommend and implement new policies or modifications to existing policies;


• Hiring staff, recommending pay increases, performing performance reviews, training and development of staff, estimating personnel needs, assigning work, meeting completion dates, interpreting and ensuring consistent application of organizational policies.

BASIC QUALIFICATIONS:

Education

• Bachelor’s degree.

Relevant Work Experience

• At least 10 years of purchasing negotiation experience.


• At least 5 years of experience managing people, including hiring, developing, motivating and directing people as they work.

Additional

• Position requires travel up to 60% of the time for business purposes (within state, out of state, international).

PREFERRED QUALIFICATIONS

• MBA.


• CPM (Certified purchasing manager).

Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

The anticipated salary range for this position:

The actual salary will vary based on applicant’s location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.

Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For a more comprehensive list of our benefits please click here. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp.

Every day, we’re focused on building a more diverse and inclusive company, one that recognizes, values and respects the differences we all bring to the workplace. From doing what’s right to delivering business results, together, we’re better. Explore our Diversity, Equity and Inclusion page here.

Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.