In this role you will get to:

• Define optimal Supplier management strategies, scorecards, and implement for key categories, in an effort to monitor & improve supplier performance.
• Facilitate meetings and discussions to execute appropriate corrective action when necessary.
• Collaborate with various internal departments (such as finance, operations, marketing) to understand their procurement needs.
• Provide expert advice on procurement strategies and best practices.
• Effective contract management supporting an organization's goals, helping to avoid financial losses, legal issues, and damaged relationships.
• Develop and implement sourcing strategies to support corporate and divisional objections, providing Graco a competitive advantage in the areas of materials, supplies, and services.
• Identify, analyze, and develop a consolidated supplier base to meet current and future procurement needs.
• Create and maintain mutually beneficial partnerships with suppliers to foster feedback and continuous improvement.
• Negotiate and manage complex contracts and agreements for assigned commodities in accordance with company objectives, policies and procedures.
• Lead the supplier selection process within a cross-functional team.
• Manage suppliers, costs, quality, and delivery performance.
• Understand, track, and forecast the key cost drivers and market factors for assigned commodities.
• Support the Planners and other manufacturing partners on tactical needs, as required.
• Drive continuous improvement in all aspects of the procurement process.
• Effectively represent the department on cross-functional teams within the company or other companies.
• Demonstrated ability to develop the leadership potential in others desired.
• Strong knowledge of products including cost drivers, commodity market conditions and pricing.
• Excellent verbal and written communication skills.
• Work independently and in team environment.
• Ability to perform detailed Corporate Category studies and market research worldwide.
• Experience in complex analysis and resolution of complex sourcing problems requiring multi-functional participation.
• Proven ability to exceed individual and department goals.
• Adaptability to changing business conditions.

Job Requirements:

BASIC QUALIFICATIONS

• Bachelor’s degree in business or related field
• At least 5 years of progressive professional Indirect Sourcing experience
• Travel Expectations 15%-20%
• Advanced Microsoft Office skills and knowledge, including Word, Excel, Teams, PowerPoint, and Outlook

ADDITIONAL QUALIFICATIONS

• Masters’ degree and/or CPM/CPSM designation preferred
• 5-10 years of progressive professional Indirect Sourcing experience
• Excellent administrative, analytical, communication, and negotiation skills
• Experience with large spend contracts