Managing Director Strategic Sourcing - Springdale, AR
Tyson FoodsAbout the role
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Job Details:
Location: Tyson on Thompson
Company: Tyson Foods, Inc.
Department: Procurement
Reports To: Vice President of Procurement
Job Summary:
The Managing Director of Strategic Sourcing will oversee the Direct Materials & Co-Manufacturing Procurement function at Tyson Foods, managing an annual spend of over $4 billion. This role will lead a team of 35+ procurement professionals, driving strategic initiatives to optimize sourcing processes, enhance supplier relationships, and ensure the efficient and cost-effective procurement of materials and services. The ideal candidate will have a strong background in strategic sourcing, procurement management, and team leadership within the food industry.
Key Responsibilities:
- Develop and implement strategic sourcing strategies for Direct Materials & Co-Manufacturing Procurement to achieve cost savings, quality improvements, and supplier performance enhancements.
- Lead and manage a team of 35+ procurement professionals, providing direction, mentorship, and performance management to ensure team effectiveness and development.
- Oversee the procurement of direct materials, including ingredients, packaging, and co-manufacturing services, ensuring alignment with company goals and compliance with regulatory requirements.
- Manage relationships with key suppliers, negotiating contracts, and fostering partnerships to ensure reliable supply chains and favorable terms.
- Collaborate with cross-functional teams, including R&D, Operations, and Finance, to align procurement strategies with business objectives and drive innovation.
- Monitor market trends, industry developments, and supply chain risks to proactively address potential challenges and capitalize on opportunities.
- Develop and manage the procurement budget, ensuring efficient allocation of resources and adherence to financial targets.
- Implement and maintain procurement policies, procedures, and systems to ensure transparency, accountability, and continuous improvement.
- Drive sustainability initiatives within the procurement function, promoting environmentally responsible sourcing practices and supplier diversity.
- Report on procurement performance metrics, providing insights and recommendations to senior leadership for informed decision-making.
- Develop and maintain strong relationships with the Tyson BU partners & ELT members. This role requires outstanding internal stakeholder management & must act as the liaison between the Procurement team and the business units.
Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field. A Master's degree or MBA is preferred.
- Minimum of 12 years of experience in strategic sourcing, procurement, or supply chain management, with at least 5 years in a leadership role.
- Proven track record of managing large-scale procurement operations.
- Strong leadership and team management skills, with experience leading multiple tiered organizations
- Excellent negotiation, communication, and interpersonal skills, with the ability to build and maintain effective relationships with suppliers and internal stakeholders.
- In-depth knowledge of procurement best practices, market trends, and regulatory requirements within the food industry.
- Strong analytical and problem-solving skills, with the ability to make data-driven decisions and implement strategic initiatives.
- Proficiency in procurement software and tools, with experience in ERP systems such as SAP or Oracle.
- Commitment to ethical sourcing practices and sustainability initiatives.
Relocation Assistance Eligible:
YesWork Shift:
1ST SHIFT (United States of America)Hourly Applicants ONLY -You must complete the task after submitting your application to provide additional information to be considered for employment.
Tyson is an Equal Opportunity Employer. All qualified applicants will be considered without regard to race, national origin, color, religion, age, genetics, sex, sexual orientation, gender identity, disability or veteran status.
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