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Leroy West
Director of Strategic Sourcing
Summary
Highly accomplished Director of Strategic Sourcing with over 10 years of experience in leading strategic sourcing initiatives, reducing procurement costs, and optimizing supply chains. Proven ability to develop and implement comprehensive sourcing strategies, manage complex supply contracts, and foster strategic supplier partnerships. Expertise in cost reduction analysis, category management, and supplier relationship management. Skilled in building and leading high-performing procurement teams.
Education
Bachelor’s degree in Supply Chain Management or a related field
October 2018
Skills
- Strategic Sourcing
- Supplier Relationship Management
- Cost Reduction Analysis
- Contract Negotiation
- Category Management
- Supply Chain Management
Work Experience
Director of Strategic Sourcing
- Negotiated and managed complex supply contracts, securing favorable terms and conditions that maximized cost savings and minimized risk.
- Developed and implemented a supplier relationship management (SRM) program to foster strategic partnerships and drive continuous improvement.
- Implemented a spend analytics platform to track and analyze procurement data, providing insights for strategic decisionmaking and cost optimization.
- Managed and optimized a team of procurement professionals, providing training, mentorship, and performance management.
Director of Strategic Sourcing
- Spearheaded a strategic sourcing initiative that reduced procurement costs by $5 million annually through value analysis, vendor consolidation, and supply chain optimization.
- Developed and implemented a comprehensive sourcing strategy that aligned with business objectives, improved supplier performance, and reduced risk.
- Led a crossfunctional team to identify and qualify new suppliers, resulting in a 20% increase in qualified supplier base and improved supply chain resilience.
- Conducted market intelligence and analysis to identify emerging trends, competitive landscapes, and potential sourcing opportunities.
Accomplishments
- Reduced procurement costs by 15% through strategic sourcing initiatives that optimized spend and negotiated favorable supplier contracts
- Developed and implemented a sourcing strategy that increased supplier diversity by 20%, fostering innovation and expanding the organizations supply chain
- Led a crossfunctional team to establish key performance indicators (KPIs) for strategic sourcing, enabling continuous improvement and datadriven decisionmaking
- Implemented a technology solution that streamlined the sourcing process, reducing cycle times by 30% and improving efficiency
- Negotiated and executed a multiyear agreement with a key supplier, securing favorable pricing and reducing supply chain risk
Awards
- Excellence in Strategic Sourcing Award from the Institute for Supply Management (ISM)
- Procurement Professional of the Year Award from the Supply Chain Management Association (SCMA)
- Supplier Relationship Management (SRM) Excellence Award from the National Association of Purchasing Management (NAPM)
Certificates
- Certified Professional in Supply Management (CPSM)
- Certified Purchasing Manager (CPM)
- Certified Supply Chain Professional (CSCP)
- Certified Procurement Professional (CPP)
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How To Write Resume For Director of Strategic Sourcing
- Highlight quantifiable results and accomplishments in your resume, such as cost savings achieved or improvements in supplier performance.
- Showcase your expertise in strategic sourcing methodologies and industry best practices.
- Emphasize your leadership and management skills, as well as your ability to build and maintain relationships with suppliers.
- Use keywords relevant to strategic sourcing and supply chain management in your resume, such as ‘value analysis’, ‘supplier relationship management’, and ‘cost reduction analysis’.
Essential Experience Highlights for a Strong Director of Strategic Sourcing Resume
- Spearhead strategic sourcing initiatives to reduce procurement costs through value analysis, vendor consolidation, and supply chain optimization.
- Develop and implement comprehensive sourcing strategies aligned with business objectives, improving supplier performance, and reducing risk.
- Lead cross-functional teams to identify and qualify new suppliers, expanding the qualified supplier base and improving supply chain resilience.
- Conduct market intelligence and analysis to identify emerging trends, competitive landscapes, and potential sourcing opportunities.
- Negotiate and manage complex supply contracts, securing favorable terms and conditions that maximize cost savings and minimize risk.
- Develop and implement a supplier relationship management (SRM) program to foster strategic partnerships and drive continuous improvement.
- Implement and manage spend analytics platforms to track and analyze procurement data, providing insights for strategic decision-making and cost optimization.
Frequently Asked Questions (FAQ’s) For Director of Strategic Sourcing
What are the key responsibilities of a Director of Strategic Sourcing?
The key responsibilities of a Director of Strategic Sourcing include developing and implementing sourcing strategies, managing supplier relationships, conducting market analysis, negotiating and managing contracts, and optimizing supply chains.
What are the essential skills for a Director of Strategic Sourcing?
Essential skills for a Director of Strategic Sourcing include knowledge of sourcing methodologies, contract management, negotiation, supplier relationship management, and market analysis.
What are the common challenges faced by Directors of Strategic Sourcing?
Common challenges faced by Directors of Strategic Sourcing include managing supplier risk, keeping up with industry trends, and optimizing supply chains in a globalized economy.
What are the career prospects for Directors of Strategic Sourcing?
Directors of Strategic Sourcing can advance to senior leadership positions within procurement or supply chain management, such as Vice President or Chief Procurement Officer.
What is the salary range for Directors of Strategic Sourcing?
The salary range for Directors of Strategic Sourcing varies depending on experience, industry, and location, but generally falls between $150,000 and $250,000 annually.
What are the educational requirements for Directors of Strategic Sourcing?
Directors of Strategic Sourcing typically hold a bachelor’s degree in supply chain management, business administration, or a related field.
What are the certifications that can enhance a Director of Strategic Sourcing’s career?
Certifications that can enhance a Director of Strategic Sourcing’s career include the Certified Professional in Supply Management (CPSM) and the Certified Supply Chain Professional (CSCP).
What are the professional organizations that Directors of Strategic Sourcing can join?
Directors of Strategic Sourcing can join professional organizations such as the Institute for Supply Management (ISM) and the American Supply Chain Management Society (ASCM) to network, learn about industry trends, and advance their careers.