Velcro

Direct Material Leader, Global Sourcing

Velcro$110K — $130K *
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in supply chain management, business administration, engineering, or related field (MBA preferred).
  • 10 years of progressive experience in global sourcing, procurement, or supply chain management, with at least 3 years in leadership roles.
  • Proven experience negotiating and managing complex global supplier agreements.
  • Strong financial acumen with ability to develop budgets and forecasts.
  • Experience operating in an agile, highly matrixed environment, ideally with multicultural negotiations.

Responsibilities

  • Develop and execute the global sourcing strategy aligned with business objectives.
  • Identify opportunities for cost optimization and improved supply chain efficiency.
  • Build and lead a global Direct Materials sourcing team for business growth.
  • Enhance global metrics and KPI measuring tools utilizing best-in-class benchmarks.
  • Partner with internal stakeholders to align sourcing strategies with organizational needs.
  • Negotiate favorable terms in global supplier contracts to mitigate risk and ensure compliance.
  • Implement best-in-class sourcing processes and tools to improve decision-making and visibility.

Benefits

  • Champion sustainability and corporate responsibility in the global supply chain.
  • Engage in leadership development with opportunities for professional growth.
  • Collaborative work culture that values innovation and strategic thought leadership.
Full Job Description
Summary of Position Responsibility:

Direct Material Global Sourcing Leader provides strategic leadership and direction for the company's global direct sourcing needs, purchasing and supplier management functions. This role ensures cost-effective, ethical, and sustainable sourcing strategies that support organizational goals, strengthen supplier partnerships, mitigate risk, and drive competitive advantage. This role will develop a high-performing Direct Material Sourcing organization that regularly delivers value, innovation, and quality across all categories/regions worldwide. This position will lead a team of three (3) professionals.

As the Direct Material Leader, you will be knowledgeable of Company input materials and critical indices. The incumbent will be responsible for building multi-year, multi-category strategies which manifest into formal agreements that drive meaningful impact to the P&L.

This position is expected to contribute to the organization's thought leadership in their respective categories and ensure the Company executes global sourcing initiatives.

Essential Duties and Responsibilities include the following:

Strategic Leadership

  • Develop and execute the company's global sourcing and procurement strategy aligned with the Global VP and overall business objectives.


  • Identify and pursue opportunities to optimize total cost of ownership, improve supply chain efficiency, and resilience. Incumbent will collaborate with Direct Category Managers to strengthen supplier relationships.


  • Build and lead a global Direct Materials sourcing team capable of supporting current and future business growth.

  • Continue to develop/enhance global metrics and KPI measuring tools for the betterment of the company utilizing "best in class" benchmarks.

  • Lead, monitor, coach Sourcing team on all critical Sourcing KPI's and initiatives/projects


  • Stay current on category markets, industries, cost drivers and mega trends,


  • Provide insights and economic outlook to inform and guide category strategies, keeping the company updated on opportunities & risks.


  • Manage supporting personnel in the execution of the multi-step strategic sourcing process.


  • Support strategy development, negotiations and contract approach for all major global business agreements.


Supplier & Contract Management

  • Establish a robust global supplier selection, evaluation, and performance management framework.


  • Negotiate using established Global Direct Material contracts that secure favorable terms, mitigate risks, and ensure compliance with regulatory, ethical, and sustainability standards.


  • Update, modify or enhance current templates as needed or as best practice dictates.


  • Through the Supplier Relationship Management (SRM) framework, drive global supplier innovation in product development, technology, and supply chain resilience.


Operational Excellence

  • Partner with internal stakeholders (R&D, operations, finance, quality, planning & logistics) to align sourcing strategies with organizational needs. (e.g. make v. buy)


  • Implement best-in-class sourcing processes, tools, and analytics to enhance decision-making and visibility across the supply base.


  • Ensure continuity of supply, price certainty and proactively manage global risks, including geopolitical, financial, and operational challenges.


  • Lead the deployment of KPI's that define performance targets aligned with the financial and supply chain performance goals of the company (global, regional, local).


  • Collaborate with the VP of Global Procurement to implement Supply Chain Financing (SCF) solutions that extend payment terms, positively impact DPO and CCC., aligned with company goals across the Direct Material supplier base.


Governance & Compliance

  • Ensure adherence to company policies, legal requirements, and industry standards across all sourcing activities.


  • Champion sustainability, diversity, and corporate social responsibility within the global supply chain.


  • Monitor and report on sourcing performance, cost savings, and risk metrics to senior leadership.


Non-essential Duties and Responsibilities include the following:

  • Other duties may be assigned or required for the performance of this position


Knowledge & Experience (Minimum Job Qualifications):

  • You're a driven and curious problem solver that has a bias for action, who can bring big ideas to life.


  • You're creative and resourceful but can navigate a complex organization with ease. You're agile and adaptable but work with precision to ensure we deliver top-notch customer experiences, always.


  • You have experience and proven track record deploying AI for Purchasing professionals.


You should also have:

  • Bachelor's degree in supply chain management, Business Administration, Engineering, or related field (MBA preferred).


  • 10 years of progressive experience in global sourcing, procurement, or supply chain management, with at least 3 years in leadership roles.


  • Demonstrated strong record for building effective teams in all direct material categories. Preference given to remote worker situations.


  • Proven experience as a business leader with sound management skills and experience managing metric-oriented performance objectives.


  • Proven track record of negotiating and managing complex global supplier agreements and partnerships


  • Experience in Strategic Sourcing of commodities, raw material, and finished goods is preferred


  • Experience in a continuous improvement environment with a successful YOY track record


  • Experience operating successfully in an agile, highly matrixed environment


  • Experience in team building and management of direct reports


  • Experience in multicultural negotiations, contracting and supplier management activities required


  • Experience in leading large, globally complex projects required


  • Strong financial acumen with the ability to develop and manage budgets, forecasts, and business cases.


  • Excellent leadership, communication, collaboration, presentation and influencing skills with the ability to operate across cultures and geographies.


  • Strong change-management skills, able to lead transformation initiatives in fast-paced, dynamic environments


  • Strategic thinker with demonstrated ability to deliver cost savings, supplier innovation, and operational efficiencies.


  • Strong MS Office Skills (Outlook, PowerPoint, Excel, Word).


  • Ability to travel, both domestic and internationally; up to 20%.


Preferred Qualifications:

  • LEAN and Kaizen experience.


  • Scientific approach to problem solving


  • 5/6 step sourcing approach


  • Development/execution of direct material strategies


  • Continuous improvement, Six Sigma concepts & methodologies, and work experience as a leader with excellent negotiation skills.


  • Oracle or equivalent ERP experience.


  • Ability to speak Spanish


About Velcro

Velcro is a brand of hook-and-loop fasteners that is widely used in clothing, shoes, and other consumer goods. The company that produces Velcro is called Velcro Companies, which was founded in 1957 by Swiss engineer George de Mestral. Velcro Companies is headquartered in Manchester, New Hampshire, and has operations in more than 25 countries around the world. In addition to hook-and-loop fasteners, Velcro Companies also produces a variety of other products, including adhesives, tapes, and straps.
Learn more about Velcro
Size
3,000 employees
Industry
Founded
1957

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