Director of Strategic Sourcing

Description

About Us:

Rand Technology is a leading and fast-growing global independent distributor of electronic components. We are headquartered in California with operations in Asia, Europe, Mexico and Canada.

We look forward to meeting you and learning more about how your expertise may align with our business and growth goals!

Role Summary

As Rand Technology's Director of Strategic Sourcing, you will lead global sourcing strategy, market intelligence, and opportunity creation across all key categories. In this role, you will act as the forward-looking control tower for supply, converting market insight into revenue, margin, and customer value. You will own proactive strategic sourcing programs including PPV and Excess. Your direct reports will include the Global Commodity Managers of each region.

This role can be based in Irvine, CA, Shenzhen, China or Singapore, and will require travel within the Americas, APAC and EMEA as needed.

Requirements

Essential Functions

· Own the structure, performance, and development of the global Strategic Sourcing organization, including Global Commodity Managers (GCMs) and Strategic Sourcing Managers (Excess & PPV). 

· Build, manage and continuously develop team expertise in market conditions, components, customers, products, and processes; drive accountability across all categories. 

· Create content for cross-functional training across the company - Building team expertise and accountability across categories. 

· Define and drive sourcing strategy across all key component categories. 

· Build and leverage deep relationships across a professional network of component manufacturers, franchise distributors, and strategic suppliers 

· Monitor and interpret global market signals including pricing, lead times, shortages, and geopolitical dynamics. 

· Act as global control tower, partnering with Sales and Finance to develop & execute speculative inventory strategies and proactive offers. 

· Lead PPV and Excess Sourcing programs and execution, including strategic sourcing from customers. 

· Publish weekly market updates, offer sheets, and commodity insights. 

· Lead internal monthly commodity reviews, contribute content into formal market reports, and collaborate with Marketing to enhance customer-facing content. 

Key Performance Indicators (KPIs) 

· Sales and GP generated from A-Commodities 

· Hit Rate (conversion rate of Spec Buys, Proactive Offers) in assigned areas 

· Dollar value of Excess stock acquired and converted to Revenue 

· Revenue and Gross Profit generated from Proactive Offers 

· PPV Sales and Gross Profit performance 

· Achieve and maintain top-3 preferred supplier status with key PPV contract manufacturers, as measured by allocation priority and pricing access 

· Market reporting quality and frequency 

· Strategic Sourcing from Customers, beyond Excess

Core Competencies

 · Proven people leader with a track record of building, developing, and retaining high-performing teams across geographies; coaches for both technical mastery and commercial instinct, sets clear expectations, holds people accountable.  

 · Proven ability to develop and execute sourcing strategies  

 · Strong negotiation and supplier relationship skills  

Experience and Education Requirements

· Extensive experience in electronic components sourcing or supply chain 

· Strong network to leverage for commercial and market intelligence (OCMs, franchise, strategic suppliers) 

· Experience working cross-functionally with Sales, Finance & Operations