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Vice President, Global Sourcing
Lumber Liquidators
Toano, VA, United States
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Job Summary:The Vice President, Global Sourcing is responsible for the Company’s supplier and sourcing strategies at a globally level to ensure goals for product supply continuity, supplier leverage, contract and agreement harmonization and quality optimization are met or exceeded . The position directs the work of a global team of Sourcing managers who qualify the Company’s suppliers against standards for quality and on-time delivery standards and requirements for legal and regulatory compliance.
Job Title:
Vice President, Global Sourcing
Department:Merchandising
Reports To:Chief Customer Experience Officer
Job Status:Exempt
Primary Functions:
• Oversee development of a strong supplier base that aligns with business objectives and values, and emerging product needs in order to manage the Company’s supply risk.
• Direct global sourcing team that may include Directors, Managers and Analysts.
• Cultivate new supplier relationships and lead strategic and tactical negotiations with selected product suppliers, as needed
• Ensure that strong cross-functional relationships with corporate teams exist so new product introduction, supplier selection, supplier qualification, cost negotiations, supply base optimization are successful and to safeguard alignment between supplier and buyers.
• Maintain broad knowledge of global market and sourcing trends relevant to the LL product mix
• Work with the SVP, Merchandising to develop long-term strategic plan for sourcing and communicate objectives to global team for execution
• Represent the Company, as needed with external and internal partners regarding industry practices and the Company’s sourcing techniques
• Manage the supply risk by determining when additional or alternate sources are required, and implementing proactive strategies to minimize product flow disruptions.
• Supports and helps lead change in the organization while fostering a culture that drives for results and equally focuses on compliance, product, service and execution.
• Provide strong leadership in the recruitment, training and development of top quality talent to ensure the team has a high level of performance, productivity, accountability, and transparency.
• Ensures products and suppliers are in legal compliance, specifically with the Lacey Act and/or CARB; and in addition, holds suppliers to strict standards of ethical and legal behaviors and conducts appropriate due diligence that they are in compliance with all applicable laws and regulations.
• Holds employees accountable to conduct business and behave in an ethical manner and in compliance with company policy as well as all applicable laws and regulations; ensures applicable training is provided.
• Fosters and ensures compliance with company policy and applicable laws and regulations relating to all facets of the business, including, but not limited to SOX, SEC, Lacey Act, FCPA, and C-TPAT, wage and hour, product safety, certifications and labelling, environmental, and social responsibility.
Knowledge, Skills & Abilities
• 10 - 15 years of professional experience in increasingly senior sourcing role.
• Strong experience in the development of broad-based and all-encompassing sourcing strategies that drive growth, leverage new business opportunities, and improve profitability.
• Strong track record of building strategic partnerships and relationships.
• Experience helping lead an organization through change is preferred, including direct experience with operating initiatives and programs that build growth and profitability.
Education & Experience
• Bachelor degree required in business or related field; advanced degree preferred.