VP of Strategic Sourcing – Port St. Lucie, FL | Component Suppliers

We are looking for a dynamic and results-driven Vice President (VP) of Strategic Sourcing to join a leading company in Port St. Lucie, FL. This is an exceptional opportunity for a seasoned sourcing professional to lead and shape the strategic direction of sourcing operations in the component supply industry. If you have a proven track record in developing and executing sourcing strategies that optimize cost, quality, and supply chain efficiency, this leadership role is the perfect fit.

Lead Sourcing Initiatives for Component Suppliers in Port St. Lucie

A prominent company in the component supply industry based in Port St. Lucie, FL, is seeking a VP of Strategic Sourcing to oversee its procurement operations and vendor relationships. This is a critical leadership position requiring deep expertise in sourcing, vendor management, and supply chain optimization. The successful candidate will be instrumental in driving cost savings, fostering supplier innovation, and ensuring the alignment of sourcing strategies with broader organizational goals. If you have the experience to lead a strategic sourcing team to success, we want to hear from you.

Key Responsibilities of the VP of Strategic Sourcing – Port St. Lucie, FL | Component Suppliers

Strategic Sourcing Leadership: Develop and execute comprehensive strategic sourcing plans to drive cost savings, supply chain efficiency, and quality improvements. Align sourcing strategies with the company’s long-term objectives, ensuring a sustainable competitive advantage in the component supply industry.

Vendor & Supplier Management: Build and maintain strong relationships with key suppliers and vendors, negotiating contracts, and managing performance. Ensure suppliers meet quality standards, cost expectations, and delivery timelines, fostering collaborative partnerships for innovation and continuous improvement.

Cost Optimization & Efficiency: Identify and implement sourcing strategies that optimize procurement costs while maintaining product quality and reliability. Continuously evaluate supplier contracts, market conditions, and industry trends to identify opportunities for cost reduction and process improvement.

Supply Chain Integration: Collaborate with supply chain teams to ensure seamless integration of sourcing strategies with overall logistics, production, and distribution processes. Ensure a responsive and agile supply chain that meets demand fluctuations, mitigates risks, and supports operational continuity.

Market Intelligence & Supplier Innovation: Stay ahead of industry trends, emerging technologies, and supplier innovations that could benefit the company’s sourcing operations. Lead efforts to explore new suppliers and sourcing opportunities that enhance product offerings and improve supply chain resilience.

Cross-Functional Collaboration: Work closely with senior leadership, including Operations, Finance, and Product Development teams, to align sourcing strategies with business goals. Lead and support cross-functional initiatives aimed at improving product development timelines, reducing costs, and enhancing supplier collaboration.

Risk Management & Compliance: Identify and mitigate sourcing and supply chain risks, including geopolitical, financial, and operational risks. Ensure compliance with relevant laws, regulations, and company policies in all sourcing and procurement activities.

Team Leadership & Development: Lead, mentor, and develop a high-performing sourcing team, fostering a culture of collaboration, innovation, and accountability. Ensure team members are equipped with the necessary tools, knowledge, and skills to execute sourcing strategies effectively.

Performance Metrics & Reporting: Establish key performance indicators (KPIs) for sourcing operations, tracking performance and progress against targets. Provide regular updates and insights to the executive team on sourcing outcomes, cost savings, supplier performance, and market conditions.

Sustainability & Ethical Sourcing: Champion sustainable sourcing practices by identifying environmentally responsible suppliers and integrating ethical sourcing standards into procurement decisions. Ensure sourcing strategies align with the company’s sustainability goals and corporate social responsibility initiatives.

What the Client is Looking for in You

As the Vice President (VP) of Strategic Sourcing for a leading component supplier in Port St. Lucie, FL, the client seeks a dynamic, strategic leader who can drive operational excellence and innovation within the sourcing and procurement functions. The ideal candidate will possess a track record of successfully managing complex supply chains, developing cost-effective strategies, and driving supplier performance to deliver business results.

Proven Leadership in Strategic Sourcing

The client is looking for an experienced leader with a strong background in strategic sourcing, procurement, and supplier management. You should have a proven history of optimizing supply chain processes, fostering strong vendor relationships, and leading sourcing teams to achieve cost savings and operational efficiencies. Experience in the component supply industry, or a related field, is highly valued.

Strategic Thinker with an Analytical Approach

As VP of Strategic Sourcing, you must possess the ability to develop and execute long-term sourcing strategies that align with the company’s broader goals. The ideal candidate will have a strong strategic mindset, with the ability to identify emerging trends, forecast market conditions, and proactively address supply chain challenges. Your data-driven approach will be key in making informed decisions that drive performance and profitability.

Strong Negotiation and Financial Acumen

The client is seeking a sourcing leader who has exceptional financial and negotiation skills. You should be comfortable managing budgets, negotiating contracts, and driving cost-saving initiatives without compromising product quality. The ability to analyze financial data, optimize procurement costs, and manage supplier contracts effectively is crucial for this role.

Ability to Build and Lead High-Performing Teams

As a leader, you will be expected to foster a culture of collaboration, accountability, and high performance. The ideal candidate will have a history of building and leading successful sourcing teams, developing talent, and ensuring that teams are aligned with organizational goals. Experience in mentoring and developing professionals in sourcing and procurement is highly desirable.

Consumer-Centric and Supplier-Focused

A deep understanding of consumer needs, market trends, and supplier innovations is essential. The ideal candidate will be able to align sourcing strategies with consumer expectations and market demands while ensuring the best quality, cost, and service from suppliers. Your ability to adapt and implement consumer-driven sourcing strategies will be key to this role’s success.

Strong Stakeholder and Cross-Functional Collaboration

The client seeks a VP who can work seamlessly with cross-functional teams, including Operations, Finance, and Product Development, to align sourcing activities with overall business objectives. The ability to engage with internal and external stakeholders, manage relationships with key suppliers, and influence senior leadership will be essential to achieving sourcing goals.

Commitment to Operational Excellence and Risk Management

The ideal candidate will be committed to driving operational efficiency and ensuring compliance with industry regulations. You should have a strong understanding of supply chain logistics, vendor management, and risk mitigation strategies, ensuring that sourcing operations remain ethical, compliant, and resilient in the face of changing market conditions.

FAQs About the Role – VP of Strategic Sourcing – Port St. Lucie, FL | Component Suppliers

1. What are the key responsibilities of the VP of Strategic Sourcing in this role?

As the VP of Strategic Sourcing, you will be responsible for developing and executing strategic sourcing plans, managing supplier relationships, and optimizing procurement processes to ensure cost-efficiency and high-quality products. You will oversee the sourcing and procurement functions, align supply chain strategies with company goals, and drive supplier performance. Additionally, you will collaborate with cross-functional teams, manage sourcing risks, and ensure compliance with industry regulations while promoting sustainability and ethical sourcing practices.

2. What qualifications and experience are required for this position?

The ideal candidate should have extensive experience in strategic sourcing, procurement, or supply chain management, ideally within the component supply industry or a related field. A strong track record of developing sourcing strategies, negotiating supplier contracts, and managing procurement teams is essential. Experience in financial management, cost optimization, and supplier performance management is highly valued. A degree in Business Administration, Supply Chain Management, or a related field is preferred. An advanced degree or certifications in sourcing or procurement (e.g., CPSM, CSCP) would be a plus.

3. What leadership qualities are essential for this role?

The client seeks a dynamic, results-oriented leader with strong negotiation, communication, and analytical skills. You should have the ability to build and lead high-performing teams, manage complex sourcing operations, and drive innovation across the supply chain. A collaborative mindset, problem-solving abilities, and the capacity to engage with both internal teams and external suppliers are crucial. The ability to think strategically, manage risks, and ensure operational efficiency while maintaining strong supplier relationships will be essential for success.

4. What challenges can I expect in this role?

You will face challenges related to supplier performance, market volatility, and cost pressures while striving to maintain high-quality standards and ensure supply chain continuity. Managing procurement risks, such as geopolitical or market disruptions, and staying ahead of industry trends and regulatory changes will also be key challenges. Additionally, balancing cost-efficiency with innovation, particularly in an evolving global market, will require agility and a strong strategic vision.

5. What is the expected impact of the VP of Strategic Sourcing on the company’s growth?

The VP of Strategic Sourcing will play a critical role in driving cost savings, improving procurement efficiency, and ensuring a reliable and sustainable supply chain. Your ability to source high-quality components at competitive prices while building strong supplier relationships will directly impact the company’s bottom line. By optimizing the supply chain and identifying opportunities for innovation, you will contribute to the company’s overall growth and operational success.

6. What is the company’s culture and work environment like?

The company fosters a collaborative, results-driven culture that values innovation, efficiency, and sustainability. They are looking for a leader who can cultivate a high-performance team, drive continuous improvement, and adapt quickly to changing market conditions. You will be part of a dynamic and fast-paced environment that emphasizes teamwork, accountability, and strategic thinking. The company encourages openness and values strong cross-functional collaboration to achieve shared business goals.

What Remuneration Can You Expect from This Job?

As the Vice President (VP) of Strategic Sourcing in Port St. Lucie, FL, you can expect a highly competitive and comprehensive compensation package tailored to attract top-tier talent. The remuneration for this role typically includes:

1. Base Salary
The base salary for the VP of Strategic Sourcing can vary based on factors such as the company size, market position, and the candidate’s experience. For this role, the annual base salary typically ranges from $180,000 to $300,000, with the potential for higher salaries at larger or more established companies.

2. Performance-Based Bonuses
In addition to a base salary, most VP compensation packages include annual performance-based bonuses. These bonuses are tied to key business metrics such as cost savings, supplier performance, operational efficiency, and strategic sourcing objectives. Bonuses can range from 20% to 50% of the base salary, depending on both individual and company performance.

3. Equity & Stock Options
Many companies offer equity-based incentives, including stock options, restricted stock units (RSUs), or performance shares, which are designed to align your compensation with long-term business growth and shareholder value. The equity component can be a significant part of the total remuneration package, depending on the company’s stage and market valuation.

4. Profit-Sharing & Long-Term Incentive Plans (LTIPs)
Some organizations offer profit-sharing programs or LTIPs, rewarding you for sustained performance over multiple years. These programs are intended to ensure that leadership remains focused on long-term growth and success, providing additional financial incentives based on the company’s ongoing achievements.

5. Executive Benefits & Perks
As an executive in this role, you will likely receive a comprehensive benefits package, which may include:

Health, dental, and vision insurance
401(k) or pension plans with company contributions
Executive retirement plans
Company-provided vehicles or travel allowances
Wellness and executive health programs
Expense accounts for business development and industry networking

6. Signing Bonuses & Relocation Assistance
For highly sought-after candidates, companies may offer signing bonuses or relocation packages. These one-time incentives can range from $20,000 to $100,000, depending on the company, the role’s requirements, and the candidate’s expertise.

Total Compensation Potential

When combining the base salary, performance bonuses, equity, profit-sharing, and other incentives, the total compensation for the VP of Strategic Sourcing can range from $250,000 to $500,000 or more annually. At top-tier or rapidly growing companies, the overall compensation package could be even more lucrative.

How to Apply

If you are an experienced and visionary leader with a strong background in strategic sourcing and supply chain management, we invite you to apply for the Vice President (VP) of Strategic Sourcing role in Port St. Lucie, FL. This is an exciting opportunity to lead the sourcing function, drive cost-saving initiatives, and contribute to the company’s growth by optimizing supplier relationships and operational efficiency.

To apply, please submit your updated resume and a cover letter outlining your experience in strategic sourcing, supplier management, cost optimization, and your ability to drive sourcing strategies that align with organizational goals. Highlight your proven track record of achieving measurable results in cost savings, supplier performance, and operational efficiency in a fast-paced environment.

This role provides a unique opportunity to make a significant impact on the company’s bottom line, driving strategic sourcing initiatives that contribute to long-term success. Apply today to take the next step in your career as the Vice President (VP) of Strategic Sourcing in Port St. Lucie, FL!

For more information or to explore similar opportunities, visit our Strategic Sourcing Executive Recruiters Page.

Job Category: Component Suppliers

Job Type: Full Time

Job Location: Port St. Lucie

VP of Strategic Sourcing – Port St. Lucie, FL | Component Suppliers