Demo

Director of Strategic Sourcing

Dover Corporation
Arden, MN Full Time
POSTED ON 3/3/2025
AVAILABLE BEFORE 5/28/2025

About CPC

Colder Products Company (CPC), a Dover company, is the world's leading provider of quick disconnect couplings, fittings and connectors for plastic tubing. Used in a broad range of industries and applications, the innovative coupling and connection technologies from CPC are advancing markets and improving the lives of people across the world. Founded in Minnesota in 1978, CPC is headquartered in Minneapolis-Saint Paul with operations in Germany and China, sales offices in 14 countries and more than 175 distributor partners around the globe.

Summary

The Director of Strategic Sourcing oversees strategic planning, commodity management, supplier selection, cost optimization, capital management, and risk mitigation. This role collaborates across functions-including Product Development, Supply Chain, Demand Planning, Product Line Management, CPC Business Units, and partners with external suppliers to ensure timely delivery of high-quality products aligned with financial goals.

Essential Duties & Responsibilities

  • Establish trusted relationships with internal stakeholders to align supplier capabilities with business objectives, contributing to strategic and operational planning.
  • Lead, mentor, and drive high-performance outcomes within the CPC sourcing team.
  • Develop and execute category and sourcing strategies; manage strategic supplier relationships, including performance management and RFx processes.
  • Partner to co-develop and implement sourcing strategies, covering supplier identification, contract negotiations, and relationship management.
  • Foster partnerships with strategic suppliers to ensure timely, high-quality deliveries; identify opportunities for cost savings, risk mitigation, and process improvements.
  • Assess supply chain risks for small molecule portfolios, developing contingency plans to ensure supply continuity.
  • Monitor industry trends, supplier capabilities, and emerging technologies; perform market analyses to uncover new opportunities and risks.
  • Drive efficiency through data analytics, implementing improvements in sourcing processes, and leveraging performance metrics for supplier optimization.
  • Support the annual budget process, analyze Bills of Material (BOM), and provide cost guidance to identify financial risks and opportunities.
  • Uphold and assist in developing Sourcing & Supplier Quality policies; support ISO, ASI, and other certifications.
  • Maintain and enhance the ERP system to improve reporting and operational efficiency.
  • Demonstrate support of CPC core values. Comply with all company policies and safety regulations.
  • Perform other job duties as assigned to meet business needs.

People Leadership

Management Responsibilities :

  • Adheres to all company policies, procedures and business code of conduct and ensures that they are communicated and implemented within the team.
  • Conducts reviews with team members to build effective communications, to understand training and development needs, and to provide insight for performance improvement.
  • Develops and facilitates comprehensive on boarding and new hire training for assigned team.
  • Builds team unity to encourage retention and continuity of operations.
  • Direct Reports :

  • Strategic Sourcing Team (Category Managers)
  • Qualification Requirements

  • Bachelor's degree or equivalent experience.
  • 10 years of strategic sourcing experience.
  • Minimum of 5-7 years in a supervisory capacity within Strategic Sourcing.
  • Proven expertise in Category Management, contract negotiation, supplier relationship management, and cost-saving initiatives.
  • Proficient skills navigating large-scale ERP systems and PowerBI; Oracle preferred.
  • Strong communication skills, attention to detail, and ability to manage multiple tasks independently or within a team.
  • In-depth understanding of manufacturing technologies.
  • Experience with suppliers in plastics, metals, or related fields, preferred.
  • Strong communication skills, attention to detail, and ability to manage multiple tasks independently or within a team.
  • Creative problem solver. Able to analyze and resolve problems using initiative.
  • Self-motivated and confident. Comfortable to work independently, as well as within cross-functional teams.
  • Able to balance many tasks and conflicting priorities. Able to negotiate conflict.
  • Astute organizational skills with drive to meet deliverables in a timely manner. Attention to detail and accuracy. High level of a sense of urgency.
  • High degree of computer proficiency, including software applications of Microsoft Word, Outlook PowerPoint, and advanced Excel.
  • Experience working in a global, multi-site manufacturing company, preferred.
  • Experience working in medical device or other regulated industry, preferred.
  • Travel

  • Domestic and international travel up to 20%
  • CPC Culture

    Here are CPC, we are committed to respecting and valuing people, collaborating, and having high ethical standards. We have a passion for creating the best connections in the world.

    Mentorship & Career Growth

    Our team is dedicated to supporting and empowering new team members. Our team has a wide range of experience levels and tenures. We are focused on building an environment that supports knowledge-sharing and mentorship.

    Work / Life Balance

    Our team puts a high value on work-life balance. Finding the right balance between your personal and professional life is important. We offer a Monday-Friday schedule. Our business hours are from 8am-4 : 30pm. We also provide paid holidays, PTO, and paid parental leave.

    Benefits & Compensation

    At CPC, we offer a comprehensive benefits package, including but not limited to :

  • Health & Welfare Benefits : Medical, Dental, Vision, HSA, FSA, Life Insurance, company-paid Long-Term & Short-Term Disability, Parental Leave, and wellness offerings including onsite gym.
  • Retirement Plan : Generous company match, Profit-Sharing, Automatic Enrollment & Contributions
  • Salary : $170,000-$190,000 per year
  • This range is the pay scale for this role in Minnesota. Individual compensation is based on skills, experience, and qualifications related to this position.

  • Bonus Eligibility : Yes
  • We are an equal-opportunity employer, and all qualified applicants will receive consideration for employment. We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position's responsibilities, a candidate's work experience, a candidate's education / training, the position's location, and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work. All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.

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    Salary : $170,000 - $190,000

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