Vice President, Global Sourcing

It's a great time to join Velcro Companies!

The Vice President of Global Sourcing provides strategic leadership and direction for the company's global sourcing, procurement, and supplier management functions. This role ensures cost-effective, ethical, and sustainable sourcing strategies that support organizational goals, strengthen supplier partnerships, mitigate risk, and drive competitive advantage. This role will develop a high-performing sourcing organization that regularly delivers on value, innovation and quality across all categories/regions worldwide. This position will lead a team of thirteen (13) professionals.

As the VP of Global Sourcing, you will be knowledgeable of Velcro input materials and critical indices.The incumbent will be responsible for building multi-year, multi category strategies which manifest into formal agreements that drive meaningful P&L impact.

This position is expected to contribute to the organization's thought leadership in the respective categories and to ensure Company executes on global sourcing initiatives.

Strategic Leadership

• Develop and execute the company's global sourcing and procurement strategy aligned with overall business objectives.

• Identify and pursue opportunities to optimize total cost of ownership, improve supply chain efficiency, and strengthen supplier relationships.

• Build and lead a global sourcing team capable of supporting current and future business growth.

• Excellent communication and presentation skills. Collaborates well with suppliers and internal customers.

• Continue to develop/enhance global metrics and KPI measuring tools for the betterment of the company

• Lead, monitor, coach Sourcing team on all critical Sourcing KPI's and initiatives/projects

• Keep current on category market, cost drivers, mega trends, and economic outlook to guide category strategies and keep company updated on opportunities & risks.

• Manage supporting personnel in the execution of the multi-step strategic sourcing process.

• Support strategy development and negotiations for all major global business agreements.

Supplier & Contract Management

• Establish a robust global supplier selection, evaluation, and performance management framework.

• Negotiate global contracts that secure favorable terms, mitigate risks, and ensure compliance with regulatory, ethical, and sustainability standards.

• Drive global supplier innovation in product development, technology, and supply chain resilience.

Operational Excellence

• Partner with internal stakeholders (R&D, operations, finance, quality, logistics, etc.) to align sourcing strategies with organizational needs. (e.g. make v. buy)

• Implement best-in-class sourcing processes, tools, and analytics to enhance decision-making and visibility across the supply base.

• Ensure continuity of supply and proactively manage global risks including geopolitical, financial, and operational challenges.

• Lead the deployment of KPI's that define performance targets aligned with the financial and supply chain performance goals of the company (global, regional, local).

• Lead the implementation of Supply Chain Financing solutions to extend payment terms aligned with company goals across the supplier base.

Governance & Compliance

• Ensure adherence to company policies, legal requirements, and industry standards across all sourcing activities.
• Champion sustainability, diversity, and corporate social responsibility within the global supply chain.
• Monitor and report on sourcing performance, cost savings, and risk metrics to senior leadership and the board.

Non-essential Duties and Responsibilities include the following:

• Other duties may be assigned or required for the performance of this position

You're a curious problem solver that has a bias for action and can bring big ideas to life. You're creative and resourceful but can navigate a complex organization with ease. You're agile and adaptable but work with precision to ensure we deliver top-notch customer experiences, always.

You also have:

• Bachelor's degree in supply chain management, Business Administration, Engineering, or related field (MBA preferred).

• 15 years of progressive experience in global sourcing, procurement, or supply chain management, with at least 7 years in senior leadership roles.

• Demonstrated strong Operation, Project Management, Finance and Strategic Planning knowledge in building business units and product category strategies.

• Proven experience as a business executive with sound management skills and experience managing metric-oriented performance objectives.

• Proven track record of negotiating and managing complex global supplier agreements and partnerships

• Experience in Strategic Sourcing of commodities, raw material, and finished goods is preferred

• Experience in a continuous improvement environment with a successful YOY track record

• Experience operating successfully in an agile, highly matrixed environment

• Experienced in team building and management of direct/indirect reports

• Experience in multicultural negotiations, contracting and supplier management activities required

• Experience in leading large, global complex supply management solution projects required

• Strong financial acumen with the ability to develop and manage budgets, forecasts, and business cases.

• Excellent leadership, communication, and influencing skills with the ability to operate across cultures and geographies.

• Strong change-management skills, able to lead transformation initiatives in fast-paced, dynamic environments

• Strategic thinker with demonstrated ability to deliver cost savings, supplier innovation, and operational efficiencies.

• Strong MS Office Skills (Outlook, PowerPoint, Excel, Word).

• Ability to travel, both domestic and internationally; up to 20%.

Preferred Qualifications:

• LEAN and Kaizen experience.

• Continuous improvement, Six Sigma concepts & methodologies, and work experience as a leader with excellent negotiation skills.

• Oracle or equivalent ERP experience.

OUR COMMITMENT TO SAFETY AND EMPLOYEE WELL-BEING

Fostering a culture where people thrive-safely, purposefully, and with opportunity. At Velcro USA Inc., we are committed to creating a workplace where employees feel valued, supported, and empowered to grow. We offer competitive pay, a comprehensive benefits package, and generous time-off to meet the diverse needs of our workforce. Our culture encourages advancement and provides opportunities for both personal and professional development.

Safetyis a core value at Velcro USA Inc. and an essential part of every role. We are dedicated to maintaining a safe, healthy work environment through strict adherence to our Global Safety Rules and our goal of achieving Zero Injuries of Any Kind (ZIAK). Employees are expected to complete required safety training, use personal protective equipment (PPE), report unsafe conditions, and follow protocols for fall protection, lockout/tagout (LOTO), hot work, and confined spaces. Together, we foster a culture of prevention, accountability, and care.

Health and Welfare Benefits:

Medical and Prescription Coverage (HSA and HRA Options)

Dental Coverage

Vision Coverage

Flexible Spending Accounts

Award Winning Wellness and Incentive Program

Life Insurance

Short- and Long-Term Disability

Business Travel Accident Insurance

Voluntary Accident & Critical Illness Insurance

EAP (Employee Assistance Program)

Retirement Savings Plan

401(k) Saving Plan with generous 5.5% Company match and Immediate Vesting

Time-Off Benefits

Paid Vacation Time

Paid Sick Time

Paid Parental Leave

13 Paid Company Holidays

Other Benefits and Programs

Tuition Reimbursement Program

Financial Wellness Benefit - Smart Dollar

Employee Recognition Programs

Employee Resource Groups

Charitable or Educational Matching Gift Program

Employee Referral Bonus Program

Velcro Companies provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.