Strategic Sourcing Leader for Pigments & Additives (Remote)

Chroma Color Corporation

Chroma Color Corporation, headquartered in McHenry, Illinois, is built on the strength of market leaders (Breen, Carolina Color, Chroma, Hudson Color, Polymer Concentrates, Plastics Color Corporation, Epolin, Color Resources, and J. Meyer & Sons) who have come together to form an exciting company creating unlimited potential to win in the marketplace. Chroma has 7 locations throughout the United States. We have a broad customer base with extensive product offerings and technologies. Many of our materials are used in products you might see every day— for example, if you washed your hair this morning, the shampoo bottle you used may have been made from one of our products. Or if you were working outside with lawn care equipment or a chainsaw, one of our products may have helped you accomplish a task to help you maintain your home. More unique uses of our products can be seen in specialized applications where our products support our active military in the work they do to keep all of us safe. From routine daily life to life-saving applications— we make a difference. Our broad scope of products and services keeps our environment interesting and challenging with a culture focused on success. If you want to make a difference in a fast-paced environment with a company large enough to offer you room to grow but not so large that you become “just a number,” Chroma might be the ideal company for you.

• We offer a competitive salary, an incentive bonus plan, and competitive benefit programs.
• Benefits include medical, dental, vision, company-paid life and long-term and short-term disability programs plus flexible spending accounts and a strong 401(k) matching program.
• In addition, we offer a generous Paid Time Off and Holiday Program. Most benefits start day one!

We are looking for a Senior Sourcing Manager for Pigments and Additives. Most Benefits Day 1 and $2500 Sign-on Bonus! Are you a dynamic, self-driven go-getter? If so, this job is for you!

Description

The Senior Sourcing Manager is responsible for all phases of sourcing necessary for pigments and additives. This role identifies cost-saving opportunities, creates competitive environments, creatively negotiates, generates contracts to assure seamless availability of all products to support the company objectives while managing accountable levels of inventory. Being in the plastics field is HIGHLY desired.

Key Duties

• NEGOTIATING: Responsible for negotiations for the best possible cost service guarantee that develops “win-win” strategies which achieve & maintain sustainable relationships with suppliers. Negotiates resin costs – invoice price, pay terms, freight, service, etc. Works with suppliers on cost-down opportunities and continuous improvement projects.
• SUPPLIER SELECTION & EVALUATION: Full market understanding of assigned categories. Brings new suppliers to the company that would generate lower total cost or new technology. This includes non-traditional and overseas suppliers. Evaluates supplier core competencies and competitive positioning using industry cost models. Develops a supplier management program with key suppliers including metrics, performance goals, and improvement initiatives.
• PERFORMANCE METRICS: Owns sourcing of allotted raw material categories using the strategic sourcing process. Generates cost savings and working capital improvements (as assigned) for raw material categories. Working with site buyers to drive raw material inventories down and implement consignment, where feasible. Provide monthly feedback to key internal stakeholders on raw material cost trends (historical and forecasted) and supplier and market changes. Perform purchase requisition audits, purchase order management, and expediting as required.
• CONTRACTS: Implements supplier agreements/contracts when beneficial by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions. Establishes purchasing policies and ensures compliance within the department.
• MARKET TRENDS: Researches and anticipates shifts in the negotiating power of suppliers. Analyzes industry trends and evolving technology to proactively identify supply base issues to minimize risk, protect continuity of supply, and utilize emerging opportunities.
• BUSINESS ASPECTS: Business partner to Commercial and Technology stakeholders. Actively participates in cross-function collaboration and priority alignment for new supplier approvals, new product development, etc. Participates in establishing short-term and long-range planning and budget development of the company to support strategic business goals. Continuously improve productivity and efficiency of processes throughout the operational organization.
• SUPPLIER RELATIONSHIPS: Maintains and develops supplier relationships (trade shows, supplier meetings, conferences, etc.)

Skills, Qualifications & Competencies

• Bachelor’s degree (engineering, science, or supply chain) strongly preferred with 7-10 years purchasing/strategic sourcing/supply chain experience in the Plastics Industry or chemical industries.
• Supply Chain Management Certification (ISM or APICS) is a plus.
• Ability to manage projects and establish clear goals and accountabilities to ensure successful delivery (on time, within budget, meeting agreed-upon success criteria). Strong initiative and ability to manage multiple projects as well as strong follow-through skills. Ability to complete projects timely and accurately critical.
• Must have a strategic mindset and robust negotiation skills.
• Strong independent problem-solving skills required. Must be able to influence and drive change.
• Ability to work well with others independently and collaboratively in a fast-paced, dynamic environment. Must be a self-starter and self-motivated.
• Advanced systems skills and working knowledge of MS Office, with advanced Excel knowledge. Must have excellent presentation and communication skills.
• Willingness to travel as needed (up to 20%).
• Demonstrated experience in strategic sourcing of pigments and additives (not just buying of pigments and additives). Specifically, colored pigments.

Chroma provides equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, or veteran status, or other legally protected classification in the state in which a person is seeking employment. Chroma will use E-Verify to ensure employment eligibility of newly hired employees where required.