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Job Description VP, Supply Chain Req Id: 10375 Job Location: Posting Start Date: 4/8/24 Job Description:

Job Purpose

As a member of LP's Executive team, provide strategic direction and leadership for Corporate Supply chain activities aligning with corporate objectives. Develop policies and systems governing corporate level supply chain materials, services, and technologies. Negotiate multi-year contracts up to $1B in value. Manage and support approximately $1.5B in material and service spend annually. Mitigate business risk with proven strategies ensuring LP's long-term growth. Provide budgets and forecasts to inform business level P&L. Provide strategic direction and leadership for digital supply chain technologies and services. Develop solid relationships with major material and service vendors, Tier 1 railroads, large trucking operations and technology partners. Partner with business leaders to align on strategy and innovation across the company.

Lead global procurement activities for raw materials, indirect materials, services, energy, and capital equipment. Identify and coach vendors who support and progress LP's value agenda. Ensure cost effective logistical solutions for transportation and warehousing of raw materials, finished products, and goods-in-process for all North American facilities. Innovate to make mill freight carriers more efficient as well as the mill loading teams. Oversee the New Waverly Trucking company. Design, implement and manage demand and production planning, inventory control, network design, MRP as well as other systems in the digital supply chain portfolio. Drive technologies that make our vendors more visible, effective and ensure their ability to supply adequate levels of goods and services.

In this position you will have the opportunity to:

• Will oversee three Directors that support LP's Supply Management, Logistics and Transportation, and Digital Supply Chain groups. Provide direction and guidance to subordinate directors and managers, including hiring, training, performance management and career development. Set performance goals and ensure appropriate performance management in all areas of responsibility.
• Supply Management: Develop and execute initiatives, policies and programs that reduce materials costs and optimize quality and service, ensuring a viable key material stream for all business lines. Drive the establishment of metrics and tracking systems to manage supplier performance and aggressively lead programs to manage supplier productivity improvements. Develop national and regional supply strategies to leverage and optimize procurement in all regions. Work closely with engineering, reliability, operations and EHS to identify and procure equipment for the mills.
• Logistics and Transportation: Manage the interface between manufacturing, sales and logistics to ensure the optimal use of traffic and warehouse capacity. Maintain safety, service and profitability of the New Waverly Transportation subsidiary while achieving maximum subsidization of LP freight costs. Identify opportunities to negotiate transportation rate reductions. Ensure appropriate inventory levels in OSI locations and with retail customers. Balance rail versus truck lanes and advise businesses on cost savings opportunities at their mills and in the shipment process.
• Digital Supply Chain: Optimize inventory needs, accurately predict demand, optimize production costs, create first class customer service, drive vendor performance, and optimize all aspects of procurement processes utilizing Ariba.
• Work closely with LP Business Teams to analyze resource needs and ensure appropriate resource allocation to new business sites. Oversee the negotiation of optimal contracts to meet raw materials, supplies, transportation and inventory needs. Partner with businesses on innovation to speed new product introductions and business process improvements.
• Ensure all staff in areas of responsibility are informed of and follow company policies and regulatory guidelines. Communicate and enforce standards in areas of safety, environmental compliance, and business ethics. Drive a culture of inclusion and diversity in staff and vendors.
• Responsible for annual budget preparation for areas of responsibility and providing budget forecast into the business P&L budgets.
• Perform all duties in accordance with environmental and safety rules and regulations.
• Perform other duties as necessary.

What do I need to be successful?

• In-depth knowledge of procurement systems, issues and practices, preferably in the wood products industry.
• Experience in supporting high level capital equipment investments.
• Specialized knowledge of sources of supply, markets, price and commodity trends.
• Significant knowledge of rail and trucking logistics.
• Significant knowledge of digital concepts and tools used to optimize business performance.
• Broad management skills in establishing and managing systems and staff across varying product lines and global procurement, logistics and technology partners.
• Effective leadership, interpersonal and organizational skills.
• Ability to achieve credibility and establish effective working relationships with Exec team, BOD and all levels of the organization.
• Strong oral and written communication skills, including presentation skills.
• Ability to prioritize and oversee multiple projects simultaneously.
• Demonstrated executive and BOD interface skills.
• Strong budgeting and financial analysis skills.
• Well-developed computer skills with proficiency in standard office software applications.
• 10 years demonstrated supply management experience with track record of significant accomplishment.
• 15 years progressive management experience.
• Industry experience in wood products manufacturing highly desirable.
• Or any equivalent combination of experience and training that demonstrates the ability to perform the key responsibilities of this position.

Education

• Bachelor's degree in business, engineering, forest management or related field; MBA preferred.
• Advanced professional training in supply chain management, including sourcing, procurement, traffic management inventory and digital tools.

Work Environment

• Office environment
• Extended work hours
• Frequent travel required.

We are committed to providing resources and solutions that help build a better world for every LP team member.

We do this through offering:

Wellness Solutions
- Physical wellness via competitive health benefits
- Financial wellness via retirement matching, profit sharing and bonus opportunities at all levels

Culture Solutions
- Team member safety & well being
- Commitment to fostering a culture that promotes diversity and inclusivity
- Work-life balance

Development Solutions
- Continued education assistance available
- Professional development resources for continual growth
- Career pathing and leadership advancement

Community Engagement Solutions
- Volunteerism and financial support for charities and educational facilities in our local communities

Learn more about these offerings and how LP can help build a better world for YOU.

We are a leading provider of high-performance building solutions that meet the demands of builders, remodelers, and homeowners worldwide. We manufacture engineered wood building products that include an extensive offering of innovative and dependable building materials and accessories. Since our founding in 1972, we've developed careers and provided advancement opportunities in the building products industry. Headquartered in Nashville, Tennessee, LP operates more than 20 facilities across North and South America. Click here to learn more about us.