Director, Global Strategic Sourcing & Supply Chain

Position:Director, Global Strategic Sourcing & Supply Chain

Location: Chicago, IL

Remote Status: Hybrid

Job :590

# of Openings:1

The Director, Global Strategic Sourcing & Supply Chain leads IEG's transition from a transactional procurement model to a strategic sourcing organization. This role owns the expansion and diversification of IEG's supply partner base across the United States and globally, developing new supplier relationships in key categories while strengthening the performance, resilience, and cost position of the existing base.

In addition to the strategic sourcing mandate, this leader directs day-to-day North American supply chain operations through a team of experienced supply chain and procurement professionals, ensuring continuity of purchasing, planning, and inventory management while the sourcing transformation takes hold. The role is central to IEG's growth strategy as a PE-backed platform, supporting margin expansion, supply resilience, and acquisition integration across multiple US locations.

• Design and execute a multi-year strategic sourcing roadmap that expands IEG's qualified supplier base in the US and globally while rationalizing underperforming or redundant suppliers.
• Own end-to-end supplier rationalization: segment the existing base, exit or consolidate suppliers that do not meet cost, quality, or delivery standards, and re-award volume to strategic partners.
• Lead low-cost country source development as a core mandate, building qualified supply in Mexico, Eastern Europe, India, and Southeast Asia, including on-site qualification, first-article and PPAP-style validation, and ramp management.
• Identify, qualify, and onboard new supply partners for key direct material categories, including steel, plastic resin and molded components, fabricated components, hydraulics, electrical components, and service parts.
• Establish dual-source and regional-source coverage for critical categories to reduce single-supplier risk and improve lead time performance.
• Lead RFQ, negotiation, and contracting processes for strategic categories, delivering measurable year-over-year cost savings.
• Monitor tariff, trade, and geopolitical developments and build sourcing strategies that mitigate landed cost and continuity risk.

• Build a structured supplier development program that raises the capability of strategic partners through capacity and quality audits, corrective action management, and joint improvement plans.
• Develop supplier scorecards and a supplier relationship management cadence covering quality, delivery, cost, and responsiveness, with clear consequences tied to rationalization decisions.
• Cultivate executive-level relationships with strategic suppliers to secure capacity, priority, and innovation access as IEG grows.

• Serve as IEG's commodity leader for steel and plastic resin, developing category strategies that manage index exposure, timing of buys, and contract structures (index-based pricing, volume commitments, and hedging mechanisms where appropriate).
• Build a category management discipline across direct and indirect spend, with clear category strategies, savings pipelines, and ownership.
• Standardize sourcing processes, templates, and approval workflows across IEG's North American divisions and acquired entities.
• Partner with Finance to establish savings tracking, PPV reporting, and total cost of ownership models that validate sourcing results.
• Support commercial teams with should-cost analysis and supplier capability insight for new product and custom quoting activity.

• Direct North American purchasing, planning, and inventory management through the supply chain team, ensuring service levels to operations and aftermarket parts customers.
• Advance IEG's inventory optimization program, sustaining progress toward the enterprise inventory reduction goal without degrading fill rates.
• Leverage IEG's ERP platform (DELMIAworks) and demand intelligence tools to improve forecast accuracy, buy signals, and safety stock strategy.
• Partner with the EMEA procurement and supply chain team (a peer organization, not a reporting relationship) to align global category strategies and share supplier leverage.

• Lead supply chain and supplier base integration for acquired entities, including spend analysis,…