Job Information
Sleep Number VP, Strategic Sourcing in Minneapolis, Minnesota
Company Overview
Sleep Number is a sleep wellness technology leader. For nearly four decades, we have placed sleep at the center of wellbeing, improving over 15 million lives with our Sleep Number smart beds. We are guided by our purpose – to improve the health and wellbeing of society through higher quality sleep. This is exemplified through our 4,000+ mission-driven team members who passionately innovate to drive value creation through our vertically integrated business model, owning the process from start to finish, including selling in our over 650 stores nationwide.
Our team members are encouraged to bring their whole selves to work, sharing their unique perspectives, backgrounds and skills with Sleep Number every day. Whether you are entering, returning or experienced in the workforce, we have a place for you. We hope you join us in creating the future through higher quality sleep.
Position Purpose:
The Vice President, Strategic Sourcing plays a critical role as part of our Supply Chain leadership team responsible for optimum efficiency and costs. This role is responsible for Sleep Number’s end to end sourcing of products and services essential for our enterprise operations. This role will develop and deploy strategy to assure supply continuity, create competitive environments, creatively negotiate and deliver long range planning of our procure-to-pay processes delivering operational excellence. This role will ensure that performance objectives are met for Product Complexity, Supply Chain Complexity, and Supplier safety, quality, delivery, responsiveness, lead time interruptions, and total cost across the supply chain, while building an engaged workforce.
Primary Responsibilities:
Assure continuity of supply to meet production targets
Lead sourcing organization to identify strategies for cost engineering opportunities, production efficiencies, improving quality, and reducing costs while taking into account market trends, customer demands, and resource constraints in collaboration with Product and Planning teams.
Develop and execute multiyear supplier sourcing strategy, establish KPI goals to drive sourcing initiatives that enable sustainable speed and agility to deliver profitable top-line growth.
Partner with Product, Planning, and Operations leaders to align on business priorities, KPIs, product strategies and product portfolio to build resources (internal & external) needed to deliver on future portfolio requirements.
Provide the strategic direction and goals for operational infrastructure and execution on our products from the point when they leave the supplier until they are in the hands of our distribution partners
Build a high performing team, specifically optimizing org design, role definition, create operating mechanisms, team norms, and common goals
Develop standard operating procedures, metrics and mechanisms to achieve business results that drive continuous improvement in all aspects of sourcing, supplier development and product portfolio management.
Key Performance Indicators:
A defined and measurable program and business system developed to build and sustain a continuous improvement culture.
Functions capable of meeting or exceeding goals in critical KPI areas
Successful development and advancement of Sourcing, Supplier Development, Material cost reduction, and Product Portfolio Management
Measurable improvements in total cost, safety, quality, delivery, responsiveness, and lead time interruptions
Position Requirements:
Minimum of 15 years of experience managing teams in a manufacturing, warehouse, and/or complex logistics environment
10+ years of continuous improvement/lean methodology experience, with demonstrated of CI and business systems development
5+ years leadership experience leading leaders in Transportation, Logistics or Supply Chain
Focused formal training and work experience with Lean methodologies, continuous improvement and problem-solving tools
Demonstrated coordination of significant Kaizen events across multiple functional areas
Experience in guiding an organization through goal deployment and strategy development at a Senior level
Direct experience operating or leading under a Project Management Office governance structure
Demonstrated experience in training program development, and training deliver
Knowledge, Skills & Abilities:
Excellent communication and facilitation skills/instructor skills; at ease moderating large groups and presenting to Senior leadership/Board of Directors.
Must be a strategic thinker with confidence and speed in execution.
Must have a strong track record of developing talent at all levels of the organization.
Ability to interact with all levels of employees and work cross-functionally.
Strong organization, administrative and attention to detail.
Strong skills in data collection, analysis, and decision-making; Lean certification a plus.
Ability to work well under pressure and effectively manage stress; work effectively in a fast paced, constantly changing environment.
EEO Statement
Sleep Number is an equal opportunity employer, committed to recruiting, hiring and promoting qualified people of all backgrounds, regardless of sex; race; color; creed; national origin; religion; age; marital status; pregnancy; physical, mental, communicative or sensory disability; sexual orientation; gender identity or any other basis protected by federal, state or local law.
Pay is based on a number of factors including market location, job-related experience, knowledge, and skills.
Salary Pay Range: $206,000.00 -$303,000.00
Wellbeing
Wellbeing is more than a catchphrase - it's a movement that permeates our company and through our team members. We are dedicated to enhancing and supporting the wellbeing of our team members and their families through benefits, programs, and resources across our five wellbeing pillars of emotional, financial, career, community, and physical health, with sleep at the center.
By joining our team, in addition to offering competitive pay programs, we are proud to offer eligible team members an extensive benefits package including, but not limited to medical and pharmacy benefits, dental, life and disability insurance, a matched 401(k) Plan, paid time off, and much more.
Safety
Safety is a top priority for Sleep Number supporting customers and team members wellbeing. We are committed to maintaining a safe and healthy work environment for all team members that are consistent with CDC guidelines, U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), and state/local laws.
EEO Statement
Sleep Number is an equal opportunity employer. We are committed to recruiting, hiring and promoting qualified people and prohibit discrimination based on race, color, marital status, religion, sex (including gender, gender identity, gender expression, transgender status, pregnancy, childbirth, and medical conditions related to pregnancy or childbirth), sexual orientation, age, national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state, or local law.
Americans with Disabilities Act (ADA)
It is Sleep Number’s policy to provide reasonable accommodations to qualified individuals with disabilities during the application process, consistent with applicable law. We may require supporting medical or religious documentation where applicable and permissible by law. If you are a qualified individual, you may request a reasonable accommodation at any time during the selection process, including if you are unable or otherwise limited in your ability to access open roles here.
