Sourcing Manager

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POSITION SUMMARY:

The Sourcing Manager is responsible for developing and implementing commodity / supply chain responsibilities that significantly contribute to year over year sales growth and operational improvement through Total Cost of Ownership (TCO) sourcing process. Primary responsibilities include supplier development, contract negotiations and supplier selection.

ESSENTIAL DUTIES / RESPONSIBILITIES:

• Part of the global sourcing team and responsible for sourcing a cluster of procurement categories at a global and regional level.
• Leads new supplier development and cost reduction projects across the categories assigned at a global and regional level.
• Part of the core team that develops and implements best practice standardization in terms of sourcing processes, procurement market strategies, supplier strategies and risk mitigation.
• Develops in-depth subject matter expertise specific to assigned categories: procurement market, commodity markets, cost driver and risk mitigation.
• Source products and services, assist supplier audits, negotiate tooling and pricing, write contracts, perform value analysis to ensure supplier contract and timeline compliance.
• Manage supplier performance metrics and scorecards.
• Working within the category cluster/team, this role is responsible for articulating category sourcing strategy to key stakeholders that includes engineering, sales, operations, quality etc.
• Manage suppliers and make improvements in total cost including terms, freight, unit cost, quality improvement and inventory reduction.
• Utilize global commodity indexes and macro-environment trends to ensure uninterrupted flow of product at current or better cost.
• Regularly visit suppliers for continuous improvement and developing relationships.

• Performs other duties as assigned.

PREFERRED QUALIFICATIONS:

Education:

• Bachelor’s degree in technical or business field
• CPIM or equivalent professional certification will be an advantage
• Travel Requirements – 25% domestic with some international

Experience :

• Prefer Seven (7) years or more experience, or equivalent education and experience, as a commodity leader/manager in the sourcing of raw materials, manufactured components, mechanical equipment or components, services and purchased complete items.
• Deep Expertise in procurement category management with strong focus on cost reduction, procurement market and supplier strategy, risk mitigation and contracts setting.
• Solid understanding of commodity markets in a global supply chain environment: steel, aluminum, copper, plastics, paper etc.
• Must have prior experience of working within a global team and global category management setting.
• Strong strategic sourcing project management experience: able to independently drive new supplier sourcing and or cost reduction initiatives and meet key sourcing objectives in a timely manner.
• Knowledge of basic manufacturing processes, metal cutting, casting, machining, plastic injection molding, metal fabrication, and electronics.
• Proficiency reading engineering drawings and specifications will be an advantage.
• Demonstrated experience in global and comprehensive supplier relationship management and advanced negotiation techniques.
• Data analysis, problem solving and reporting skill sets.
• Experience working in global supply environment and with international suppliers or colleagues.
• Demonstrated teamwork skills, self-motivated and strong communication and interpersonal skills.
• Knowledge of Quality Management Systems, ISO and 6-sigma disciplines, training and experience will be an advantage.
• Working knowledge of ERP systems such as Oracle, QAD, Fourth Shift etc will be an advantage.

COMPETENCIES:

• Customer Service (Internal/External) – Strong internal and external customer focus. Solicits customer feedback to improve service; Meets customer commitments in a timely manner.

• Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.

• Teamwork - Balances team and individual responsibilities. Puts success of team above own interests. Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.

• Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs workflows and procedures.

• Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully to develop alternative solutions.

• Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently. Sets goals and objectives.

• Adaptability - Adapts to changes in the work environment. Manages competing demand and responds to challenges positively.

• Quality Management - Looks for ways to improve and promote quality.

• Interpersonal Skills – Focuses on solving conflict, not blaming; maintains confidentiality, listens to others without interrupting; keeps emotions under control; remains open to others’ ideas and tries new things. Maintains confidentiality of all payrolls, medical, benefit and employee related information.