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Director, Global Sourcing, Mechanical - Veralto
Pall
Posted on Thursday, April 6, 2023
Danaher Corporation
Danaher (NYSE: DHR) is a global science and technology innovator committed to helping customers solve complex challenges and improve quality of life around the world. It’s portfolio of operating companies and world class brands have unparalleled leadership positions in some of the most demanding and attractive industries, including life sciences, medical diagnostics, environmental and applied solutions. With over 25 major operating companies, Danaher drives growth both organically and inorganically through M&A.
Danaher has a diverse team of over 80,000 associates united by a common culture and operating system, the Danaher Business System (DBS). DBS serves as our ultimate competitive advantage and has evolved from a collection of manufacturing improvement tools into a philosophy, set of values, and series of management processes that collectively define who we are and how we do what we do.
In 2021, Danaher generated ~$29B in revenue. The company is ranked #130 on the Fortune 500 and during the past 20+ years, Danaher stock has outperformed the S&P 500 Index by more than 2,000 %. For additional company details, see www.danaher.com.
Veralto
On September 14, 2022, Danaher announced its intention to separate its Environmental & Applied Solutions segment to create an independent, publicly traded company. The new company will be called Veralto and will be comprised of an outstanding collection of market-leading brands in Danaher's Environmental and Applied Solutions segment: Hach, ChemTreat, Trojan, OTT HydroMet, and McCrometer from Danaher's Water Quality Platform and Videojet, Esko, X-Rite Pantone and Linx from the Product Identification Platform. The Veralto segment generated revenue of approximately $4.8 billion in 2022 and has a global team of approximately 16,000 associates.
As stewards of the world's most vital resources, Veralto will help ensure billions of people have safe food, water, and medicines every day. With a strong Danaher heritage, the Veralto team will continue to deliver trusted expertise to solve its customers' most complex workflow challenges. Its culture of continuous improvement will be codified in the Veralto Enterprise System, which is derived from the Danaher Business System. Veralto will be headquartered in Waltham, Massachusetts, and intends to apply to list its common stock on the New York Stock Exchange under the symbol VLTO.
Position Summary
As the Director of Global Sourcing, Mechanicals you will drive competitive advantage by defining and deploying strategies for cost reduction, quality and delivery across the corporation’s >$400M in spend across chemicals, metals, plastics and packaging categories. The position will be responsible for leadership and spend performance across platforms, regions and operating companies. You will provide indirect management supervision of operating companies’ category leaders that will result in cost reduction, cost avoidance, risk management and service/quality improvement to Veralto operating companies. Activities include gathering and analyzing spend and price data, identifying opportunities for consolidated negotiations based on operating company data, evaluating and selecting preferred suppliers, negotiating and implementing price agreements, managing and improving supplier performance, leading workshops and Kaizens, training acquisition associates on Veralto sourcing tools & processes; and, analyzing, reporting, and monitoring project savings against policy deployment goals. You will also be responsible for supporting integration projects associated with new acquisitions.
This position will be located at Veralto’ corporate headquarters in Waltham, MA.
Essential Duties and Responsibilities
Drive strategic and tactical solutions by providing decision support data/materials (market data, financial analysis) with a vision of total cost management in addition to evaluating marketplace trends and provide price and budget guidance to operating companies for targeted spend categories.
- Lead integration of new acquisitions, incorporating global and regional commodity strategies with company procurement leaders. Train acquisition associates on sourcing tools, best practices, and standard processes
- Lead funnel creation events, deliver cross-business savings and drive/monitor business-specific savings projects. Prepare and execute corporate-wide bid packages utilizing RFIs, RFPs, and reverse auctions.
- Develop supplier relationships and contracts leveraging Veralto volume and growth then lead the selection of preferred suppliers in targeted spend categories and manage their performance to ensure they consistently meet operating companies’ requirements. Increase the spend with P&Q and drive global contract agreements and establish supplier performance data requirements and report monthly performance data to users in operating companies.
- Strong analytical, negotiation and presentation skills required. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information, influence, and persuade internal and external stakeholders while use Danaher Business System tools and processes to drive continuous improvements in quality, delivery, cost, inventory, cash, and risk reduction.
Your Experience
- Undergraduate degree in relevant area such as supply chain, business management, operations, or finance with 10-15+ years of leadership experience delivering year-over-year improvements in respective spend categories.
- Ability to work independently and comfortably in ambiguous situations, knowing how to resolve conflicts and having a proven track record of achieving results with problem resolution skills and root cause analysis experience.
- Demonstrated effectiveness in communicating concepts and recommendations and gaining acceptance and commitment across organizational and functional lines. Experience managing direct and indirect reports in a decentralized and highly matrixed environment.
- Strong proficiency in use of MS Excel, Word, PowerPoint, PowerBI and other analytical tools.
- Possess excellent verbal and written communication skills with experience presenting to executive teams.
Travel
- Travel: approximately 30% travel is required
At Veralto we believe in designing a better, more sustainable workforce. We recognize the benefits of flexible, remote working arrangements for eligible roles and are committed to providing enriching careers, no matter the work arrangement.
When you join us, you’ll also be joining Danaher’s global organization, where 80,000 people wake up every day determined to help our customers win. As an associate, you’ll try new things, work hard, and advance your skills with guidance from dedicated leaders, all with the support of powerful Danaher Business System tools and the stability of a tested organization.
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