Lennox Director, Value Analysis Value Engineering (VAVE) in Richardson, Texas
Lennox International (LII) is a leading global provider of innovative climate control solutions for heating, ventilation, air conditioning, and refrigeration (HVACR) markets.
Beginning over a century ago, Lennox International has built a strong heritage of Innovation and Responsibility. Our position as an innovation leader continually inspires us to promote more efficient energy use and a healthier environment through our product operations. Our engaged and diverse workforce is committed to providing climate control solutions that provide the most value and comfort for our customers.
We are proud to have instilled a shared sense of responsibility and commitment among our approximately 10,000 employees located throughout North America, South America, Europe, Asia, and Australia.
Lennox International Inc. (LII) is a global leader in climate control systems headquartered in the greater Dallas area. With revenues of $4B and a market cap of $10 billion, Lennox employs over 10,000 people around the world. The company designs, manufactures, markets and services a broad range of products for the heating, ventilation, air conditioning and refrigeration markets (HVACR). The company sells its products and services directly, as well as through distributors, and company-owned parts and supplies stores. Its business is built on a strong heritage of integrity and innovation dating back to 1895.
For 125 years, LII has led our industry in providing innovative climate control solutions. Over the past decade, we have been on a very strong organic growth trajectory—funded by year over year material cost reduction led by the Sourcing and Engineering teams. We continue to build on this momentum to deliver new innovative ways to improve quality and optimize cost. Always striving for best in class outcomes, the material cost reduction program continues to deliver more than $1 of earnings per share per year.
Lead VAVE/idea generation events and strategies to identify Material Cost Reduction and productivity opportunities while maintaining or improving product quality and vendor service levels. Work closely with key stakeholders in World Wide Supply Chain Organization and each of our business segments to create a multi-year pipeline of ideas that equates to 30% or more of year over year team targets. The position will report directly to the Vice President World Wide Supply Chain and will have no direct reports.
The Director, VAVE’s primary responsibility is to champion and secure ideas for material cost reductions across all components and commodities delivering demonstrated P&L impact. This leader must ensure a smooth hand over from idea generation and vetting to idea pursuit by Strategic Sourcing Managers. As a thought leader responsible for big idea generation, the VAVE Leader has the following specific responsibilities.
Define processes: Define and enforce consistent VAVE processes within WWSC, bringing best practices from other organizations and industries
Analyze data: Review sourcing data to find insights, eliminate waste, and identify productivity opportunities
Drive change: Drive change including people, process and technology to capture material cost reduction
Encourage collaboration: Promote open and constructive dialogue across Sourcing, Engineering, Product Management and Factories
Own events: Owns/develops VAVE annual event calendar by working with Engineering, Operations, Product Development, and commodity managers.
Mitigate risk: Ensures that the business is not sole sourced on any part. Works with the component managers to ensure that businesses have development partners and value suppliers. Provides annual update on progress for senior management review.
Gift ideas: Develops process and consistent template for the handover of all projects to Strategic Sourcing Managers working with local/regional business unit teams on a weekly basis to track idea vetting progress.
Minimum of 15 years of professional experience
Successful, 5+ year track record in Fortune 1000 organizations - HVAC experience preferred
Lean and Six Sigma trained, with previous VAVE leadership role preferred
Solid analytical and process management skills
Strong negotiating skills
Ability to develop actionable recommendations and implementation plans
World class project management skills
Outstanding cross-functional leadership skills; viewed as credible by business unit/functional leaders
Able to get buy-in and commitment from both internal and external stakeholders
Excellent communication skills, both written and verbal, with ability to present views in a clear and compelling manner
Willingness to travel (regionally/domestically) up to 50% to lead events in factories
Bachelor’s degree required (Master's degree preferred)
Job Locations US-TX-Richardson
Requisition # 2020-22205
Category Logistics / Supply Chain / Distribution
Shift / Hours Regular
Lennox International is an Equal Opportunity Employer and supports a diverse, inclusive work environment.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, transgender status, sexual orientation, national origin, genetics, disability, age, or veteran status.
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Please visit the E-Verify website for more information on this program.