Vice President, Strategic Sourcing and Procurement

Job Description

As part of Vention's Operations team, reporting to our COO, you will empower

and lead a team of 4, operating a global procurement network made of 70+ suppliers and 1,000+ SKUs. You will be responsible for expanding our strategic and tactical sourcing in

a fast-growth environment as well as developing our global inventory strategy

to support our OTIF target.

• Lead cross-functional teams in the execution of strategic sourcing project and designated departmental spend reduction and process improvement initiatives
• Responsible for sourcing and procurement
• Manage and optimize supplier performance, including contract complianceand reduction in total cost of ownership
• Maintain collaborative relationships with suppliers while effectively resolving performance / capability issues to ensure alignment
• Build and own relationships with internal clients and be responsible for delivery of best-in-class strategic sourcing, contract management, negotiation, and supplier management practices
• Meet metrics set for sourcing and procurement to ensure strategic advantage
• Optimize inventory level for both working capital optimization and parts availability in building an adequate Open to buy tool
• Build procedures for inventory management, ensuring right-sizing of initial inventory level on new SKUs, and subsequent purchases
• Support supplier audits, ensuring proper capacity planning in the context of rapid growth
• Drive master supply agreement contract negotiations across a portfolio of category
• Work closely with a dedicated team of software developers, improving inventory planning software and underlying algorithms

Qualifications

• You have a bachelor’s degree in Operations, Engineering or Logistics;
• You bring 15+ years’ experience in a senior supply chain position;
• You have experience with hardware (electronic or mechanical components);
• You have strong communication skills and are at ease presenting to employees as well as upper management;
• You have passion for optimizing supply chains and the ability to engage impacted stakeholders in the change;
• You showed the ability to work in a fast-paced (next day deliveries) and high volume (parcel shipments) with energy and enthusiasm;
• You have a strong data analytic background with the ability to run complex analysis independently of the data science team;
• You have experience with a global distribution network with multiple warehouses in Europe, North America, and Asia;
• You have an interest in engineering topics and are curious to learn more.

Additional Information

How We Take Care of You

• Flexible paid time off and remote work policies
• Complimentary beverages and snacks so that you are fueled and ready for your day
• Global comprehensive health plans so you feel your best
• Career growth opportunities. Your future matters.
• Fun-filled social events curated based on diverse interests for our team to celebrate together. From sponsored sports teams to trivia nights
• Time off to volunteer and give back to your community.

What to Expect in Your Interview

• Initial Call
• Meet the Team
• Challenge
• Decision & Offer

Commitment to Equal Employment Opportunity

Our culture is an uplifting environment for high achievers. The fast-paced, high-performance environment will give you the opportunity to build products, processes and strategies that will have a lasting impact.

When you join Vention, you join a team of professionals with a diverse variety of experiences, backgrounds, and perspectives.

Together, we strive to nurture a supportive and inclusive work environment for all. We push each other to achieve extraordinary results and forge long term relationships as a result of the intensity and passion.

We’re passionate about helping you do your best work. Claim your seat and find out what you can do!

If you're unsure if your experience perfectly matches our job posting, we encourage you to apply anyway! We are happy to chat and get to know you better while you can understand the role as well.