Lube-Tech Corporation
Indirect Sourcing Lead
Lube-Tech Corporation, Golden Valley, Minnesota, United States,
With a purpose
to make tomorrow a little bit better than today for each other, our customers, and our communities ,
Ascentek
provides an environment where you can love what you do and be your best every day.What you will enjoy by being a part of a 2024 USA Great Place to Work certified company:A position that is:
Salary, Full timeMedical Plan options, including fertility coverage and free mental health and telehealth coverageDental and Vision InsuranceFSA/HSA optionsPaid parental leaveCompany-provided short-term disability, long-term disability, and life insuranceSupplemental Insurances, including accident, critical illness, hospital, and supplemental life insurance401(k) with a generous company matchPet Insurance Benefits21 Paid Days Off7 Paid HolidaysDress For Your Day (casual dress environment)Work Your Way (hybrid work) – Three days on site with anchor day on WednesdaysAs the Indirect Sourcing Lead, you will play a pivotal role in driving the organization's success through expert negotiation and strategic management of indirect spend across various categories, including IT (software and hardware), professional services, marketing, facilities, and more. Your responsibilities will include creating value across all areas of indirect procurement by leveraging your deep industry knowledge. You will lead initiatives to achieve substantial year-over-year savings, ensure compliance with legal and regulatory requirements, and foster strong, collaborative supplier relationships. This is an individual contributor role, reporting to the Global Sourcing team.ESSENTIAL DUTIES and RESPONSIBILITIES:Develop and implement comprehensive category management strategies to drive value creation across all indirect spend categories, including IT, professional services, facilities, and other indirect products and services.Collaborate closely with internal stakeholders to understand business needs and ensure category strategies align with broader organizational objectives.Leverage market intelligence, benchmarking, and industry trends to proactively identify opportunities for improvement and optimize sourcing decisions across various indirect categories.Lead the development of enterprise-wide sourcing strategies across indirect spend categories, utilizing sourcing tactics such as RFP/RFI/RFQ processes, E-auctions, and benchmarking to negotiate competitive contracts and achieve savings targets.Incorporate industry best practices and emerging trends to continuously enhance and refine sourcing strategies for all indirect categories.Conduct comprehensive market research to identify potential suppliers across all indirect categories, assess their capabilities, and ensure alignment with organizational needs and goals.Collaborate with cross-functional teams to ensure that sourcing strategies are well-integrated with business objectives and requirements across departments.Demonstrate expert negotiation skills in managing contracts with suppliers across all indirect categories.Lead contract negotiations to secure agreements that are cost-effective, favorable, and compliant with legal and regulatory standards across the indirect spend landscape.Monitor contract performance to address issues proactively and continuously identify areas for improvement in supplier relationships and contract terms.Conduct regular business reviews to evaluate supplier performance against key KPIs and SLAs, ensuring accountability and alignment with expectations across indirect categories.Effectively manage risks associated with supplier relationships, ensuring business continuity and compliance for all indirect categories.Mentor and provide guidance to junior team members, fostering a culture of continuous learning, development, and knowledge sharing in indirect sourcing.Contribute to building a high-performing team through effective communication, collaboration, and leadership in all indirect sourcing initiatives.7+ years of experience in indirect sourcing across multiple categories, including IT, professional services, marketing, and facilities.5+ years of experience managing senior-level relationships with top-tier vendors across various indirect spend categories.Experience leading large-scale indirect optimization initiatives, driving efficiencies, and achieving significant cost reductions.Proven track record of achieving year-over-year savings through expertise in contract negotiations and delivering measurable, valuable results aligned with organizational KPIs.Strong understanding of data analytics with the ability to leverage data-driven insights for informed decision-making in sourcing strategies.Proven ability to thrive in a fast-paced, dynamic environment, demonstrating flexibility and adaptability to changing priorities.Familiarity with emerging trends and technologies across indirect spend categories, with the ability to anticipate and address potential sourcing challenges.PHYSICAL AND MENTAL DEMANDS:While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands handle or feel; and reach with hands and arms. The mental and physical requirements described here are representative of those that must be met by an individual to successfully perform the essential functions of this position.WORKING ENVIRONMENT:This job operates in a professional office environment as well as remotely. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines. The employee is occasionally exposed to fumes or hazardous material when in our warehouse facilities. The work environment characteristics described here are representative of those an individual will encounter while performing the essential functions of this position.Ascentek is an Equal Employment Opportunity/Affirmative Action Employer. Qualified applicants including women, minorities, veterans, and individuals with disabilities are encouraged to apply.
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to make tomorrow a little bit better than today for each other, our customers, and our communities ,
Ascentek
provides an environment where you can love what you do and be your best every day.What you will enjoy by being a part of a 2024 USA Great Place to Work certified company:A position that is:
Salary, Full timeMedical Plan options, including fertility coverage and free mental health and telehealth coverageDental and Vision InsuranceFSA/HSA optionsPaid parental leaveCompany-provided short-term disability, long-term disability, and life insuranceSupplemental Insurances, including accident, critical illness, hospital, and supplemental life insurance401(k) with a generous company matchPet Insurance Benefits21 Paid Days Off7 Paid HolidaysDress For Your Day (casual dress environment)Work Your Way (hybrid work) – Three days on site with anchor day on WednesdaysAs the Indirect Sourcing Lead, you will play a pivotal role in driving the organization's success through expert negotiation and strategic management of indirect spend across various categories, including IT (software and hardware), professional services, marketing, facilities, and more. Your responsibilities will include creating value across all areas of indirect procurement by leveraging your deep industry knowledge. You will lead initiatives to achieve substantial year-over-year savings, ensure compliance with legal and regulatory requirements, and foster strong, collaborative supplier relationships. This is an individual contributor role, reporting to the Global Sourcing team.ESSENTIAL DUTIES and RESPONSIBILITIES:Develop and implement comprehensive category management strategies to drive value creation across all indirect spend categories, including IT, professional services, facilities, and other indirect products and services.Collaborate closely with internal stakeholders to understand business needs and ensure category strategies align with broader organizational objectives.Leverage market intelligence, benchmarking, and industry trends to proactively identify opportunities for improvement and optimize sourcing decisions across various indirect categories.Lead the development of enterprise-wide sourcing strategies across indirect spend categories, utilizing sourcing tactics such as RFP/RFI/RFQ processes, E-auctions, and benchmarking to negotiate competitive contracts and achieve savings targets.Incorporate industry best practices and emerging trends to continuously enhance and refine sourcing strategies for all indirect categories.Conduct comprehensive market research to identify potential suppliers across all indirect categories, assess their capabilities, and ensure alignment with organizational needs and goals.Collaborate with cross-functional teams to ensure that sourcing strategies are well-integrated with business objectives and requirements across departments.Demonstrate expert negotiation skills in managing contracts with suppliers across all indirect categories.Lead contract negotiations to secure agreements that are cost-effective, favorable, and compliant with legal and regulatory standards across the indirect spend landscape.Monitor contract performance to address issues proactively and continuously identify areas for improvement in supplier relationships and contract terms.Conduct regular business reviews to evaluate supplier performance against key KPIs and SLAs, ensuring accountability and alignment with expectations across indirect categories.Effectively manage risks associated with supplier relationships, ensuring business continuity and compliance for all indirect categories.Mentor and provide guidance to junior team members, fostering a culture of continuous learning, development, and knowledge sharing in indirect sourcing.Contribute to building a high-performing team through effective communication, collaboration, and leadership in all indirect sourcing initiatives.7+ years of experience in indirect sourcing across multiple categories, including IT, professional services, marketing, and facilities.5+ years of experience managing senior-level relationships with top-tier vendors across various indirect spend categories.Experience leading large-scale indirect optimization initiatives, driving efficiencies, and achieving significant cost reductions.Proven track record of achieving year-over-year savings through expertise in contract negotiations and delivering measurable, valuable results aligned with organizational KPIs.Strong understanding of data analytics with the ability to leverage data-driven insights for informed decision-making in sourcing strategies.Proven ability to thrive in a fast-paced, dynamic environment, demonstrating flexibility and adaptability to changing priorities.Familiarity with emerging trends and technologies across indirect spend categories, with the ability to anticipate and address potential sourcing challenges.PHYSICAL AND MENTAL DEMANDS:While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands handle or feel; and reach with hands and arms. The mental and physical requirements described here are representative of those that must be met by an individual to successfully perform the essential functions of this position.WORKING ENVIRONMENT:This job operates in a professional office environment as well as remotely. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines. The employee is occasionally exposed to fumes or hazardous material when in our warehouse facilities. The work environment characteristics described here are representative of those an individual will encounter while performing the essential functions of this position.Ascentek is an Equal Employment Opportunity/Affirmative Action Employer. Qualified applicants including women, minorities, veterans, and individuals with disabilities are encouraged to apply.
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