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Director - Supply Chain

Ipsen International Inc
Cherry Valley, IL Full Time
POSTED ON 8/1/2024 CLOSED ON 9/25/2024

What are the responsibilities and job description for the Director - Supply Chain position at Ipsen International Inc?

Description

  Ipsen is a Drug-Free Workplace
This is an exciting opportunity for someone with strong supply chain expertise to make a significant impact on the company with this newly created position. 

Position Summary

The Director – Supply Chain will play a crucial role in ensuring the success and growth of our company through effective procurement strategies and supplier relationship management. This position will be responsible for developing and executing the company’s sourcing, negotiating, and contracting strategies with suppliers to secure the best possible terms and prices for goods and services essential to our operations. Utilize strategic insight and market knowledge to drive our procurement decisions, ultimately contributing to our overall competitiveness and profitability.


Essential Duties and Responsibilities

  • Develop and implement strategic procurement plans aligned with company objectives and budgetary requirements.
  • Conduct market research and analysis to identify potential suppliers and assess their capabilities.
  • Negotiate contracts and agreements with suppliers to achieve optimal terms, including pricing, delivery schedules, quality standards, and payment terms.
  • Collaborate closely with cross-functional teams, including operations, finance, and quality assurance, to ensure alignment of procurement activities with business needs and objectives.
  • Initiate and develop supplier relationships to foster collaboration, address performance issues, and drive continuous improvement in quality, cost, and delivery.
  • Monitor and evaluate supplier performance against key performance indicators (KPIs) and implement corrective actions as necessary to ensure compliance with contractual agreements and quality standards.
  • Identify opportunities for cost savings, process improvements, and risk mitigation within the supply chain, and implement appropriate strategies and initiatives.
  • Stay abreast of industry trends, market conditions, and regulatory changes affecting procurement practices, and incorporate relevant insights into decision-making processes.
  • Maintain accurate records of procurement activities, including contracts, pricing agreements, and supplier performance data, using appropriate procurement management systems and tools.
  • Drive continuous improvement initiatives within the procurement function, such as implementing lean principles, process automation, or technology solutions to enhance efficiency, accuracy, and productivity.
  • Collaborate with inventory management teams to optimize inventory levels, minimize excess or obsolete inventory, and ensure timely availability of materials and supplies to support production and operations.
  • Identify potential risks within the supply chain, such as supply disruptions, geopolitical issues, or regulatory changes, and develop strategies to mitigate these risks effectively.
  • Develop and implement initiatives to enhance supplier diversity and promote sustainable procurement practices.
  • Hires, mentors and if needed administers performance counseling to direct reports. Ensures direct reports possess needed skills and knowledge to successfully perform essential duties. 

Requirements

  Knowledge, Skills, & Abilities

  • · Possess strong leadership skills; able to grow and develop talent, assess performance, and provide constructive feedback as needed. 
  • · Possess strong written and verbal communication skills.
  • · Strong negotiation skills and the ability to drive favorable outcomes in complex contractual agreements.
  • · Excellent analytical and problem-solving abilities, with a keen attention to detail and accuracy.
  • · Effective communication and interpersonal skills, with the ability to build and maintain positive relationships with internal stakeholders and external suppliers.
  • · Effective time management and organization skills to handle multiple tasks, meet deadlines, and manage priorities.
  • · Proficiency in business software and tools (EX: ERP systems), as well as Microsoft Office Suite. 
  • · Ability to travel up to 10%, primarily domestically but may occasionally require international travel. 

Education & Experience

  • Bachelor's degree in business administration, supply chain management, or a related field.
  • Proven experience in strategic procurement, sourcing, and supplier management required.
  • Minimum Five (5) or more years of progressive related experience in a manufacturing, industrial or other relatable industry required.
  • Prior supervisory / people leadership experience. 
  • Certification in procurement or supply chain management (e.g., CSCP, CPSM, CPM) is a plus.

Physical / Mental/ Demands and Work Environment

The physical/visual/mental demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

  • Regularly required to sit and use hands and finger dexterity.
  • Available for overnight travel once per month 
  • Occasionally required to stand, walk, reach with hands and arms.
  • Occasionally required to lift up to 10-20 pounds.
  • Regularly requires close vision, hearing and talking.

 All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran 

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