Strategic Sourcing Manager

PURPOSE

JOB DESCRIPTION

The Strategic Sourcing Manager supports the VP of Operations and leads projects to drive savings across multiple sourcing categories, business units, managing key vendor relationships, and supporting cross-functional processes and technologies.

ROLE AND RESPONSIBILITIES

• Lead sourcing efforts and negotiations for procured spend across multiple company locations, including international operations
• Developing strategies to improve cost structure and optimize spend through early involvement in sourcing lifecycle
• Negotiating complex agreements in sourcing categories, including raw materials
• Collaborating with Leadership to manage and execute defined Sourcing Plans through the development and distribution of RFP's, vendor communications, and development of vendor selection criteria
• Develops cost management models; measuring and communicating actual performance against cost savings initiatives
• Proactively developing effective business relationships with vendors, stakeholders, and internal key decision makers
• Research Sourcing solutions and best practices, along with leading initiatives to drive ongoing evolution of tools and processes to improve performance and delivery of sourcing services
• Partner with the Engineering team to identify and develop alternative sources for components; advises on options, risks, total cost of ownership, and business impacts
• Executing projects with a sense of urgency while also ensuring strong compliance with company policies and governance processes
• Manage contract renewals including vendor renegotiation and/or termination
• Identify and execute opportunities for process improvement and efficiencies within the procurement process
• Assists with the annual business insurance renewal process
• Other projects or duties as assigned

PREFERRED SKILLS, QUALIFICATIONS AND EDUCATION REQUIREMENTS

• 4-year Degree in Business, Accounting, Supply Chain or related field
• 3 plus years of direct purchasing experience