Director - Supply Chain

at Ipsen Inc. in Cherry Valley, Illinois, United States

Job Description

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 report
  
  

  PI244521632

  
  
  Ipsen International Inc is an Equal Opportunity Employer and does not discriminate against any applicants for employment based on their race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, physical or mental disability, genetic information, veteran status, uniformed service member status, or any other status protected by law.