Strategic Sourcing Manager

1 week ago

Atlanta, United States TK Elevator Full time
The first 3 letters in workplace safety are Y-O-U

TK Elevator is currently seeking an experienced Strategic Sourcing Manager located in Atlanta, GA.

Responsible for developing and implementing strategic sourcing and procurement strategies targeting quality, cost, and delivery to support the successful launch and operations of proprietary suite elevator systems.

ESSENTIAL JOB FUNCTIONS:
  • Lead and develop sourcing, category, and procurement strategies for the direct
    materials focused on mechanical areas, including but not limited to cost reduction initiatives, on-time delivery and quality improvements, supplier performance, and supplier consolidation/rationalization supporting manufacturing and field operations.
  • Understand total spend, pricing structure, commercial terms and trends for raw
    materials, purchased finished products, and manufactured assemblies with a
    particular knowledge of market dynamics and global supply chain factors.
  • Develop strategic roadmaps, which include identifying and
    developing new suppliers for potential savings capture and new product development opportunities.
  • Review assembly BOMs, technical drawings, and engineering
    specifications to determine strategic sourcing decisions and provide manufacturing readiness feedback.
  • Develop risk mitigation measures to combat the continuous supply constraints within thesupply chain market.
  • Manage Purchase Price Variance (PPV) containment and avoidance solutions minimizing negative P&L impact while maintaining material availability to support manufacturing operations.
  • Monitors overall supplier performance with assigned categories and develops &
    implements corrective action and recovery plans as required alongside Supplier
    Quality Engineering.
  • Lead Supplier Relationship Management (SRM) activities for assigned categories including the management of current year savings as well as the development of multi-year savings pipelines.
  • Collaborate with various internal stakeholders including Engineering, Product Line Management, Project Management, Field Operators, and Finance partners.
  • Conduct and assess RFQs/RFPs/RFIs, negotiations, supplier evaluations, and
    determine supplier selection for direct spend on mechanical related categories.
  • Support End of Life products and part legacy support workstreams with the
    development and execution of strategies to sustain operations and revenue
    expectations.
  • Implement performance management processes, Key Performance Indicators (KPIs) metrics, and measurement dashboards to ensure supplier performance and key initiatives.
  • Provide technical direction within the assigned categories by evaluating
    and guiding product strategy throughout the product development and manufacturing lifecycles.
  • Develop & execute strategic agreements (NDA/JDA/MSA) alongside legal counsel that support business initiatives and expectations taking into account fixed and
    variable costs, lead-times, schedules, manufacturing capacities, and IP protection.
EDUCATION & EXPERIENCE:
  • Bachelor's degree: Engineering, Supply Chain Management, or Business
    Administration is required; Master's/MBA preferred.
  • Certifications: Supply Chain Management, Purchasing, Six Sigma Green/Black Belt or PMP desired.
  • Expert understanding of purchasing policies, procedures, practices, and the value and use of procure-to-pay (P2P) digital platforms.
  • Working knowledge of Microsoft Office (Power Point, Excel, Word, Visio), SAP,
    Oracle and/or Ariba.
  • Deep understanding of strategic sourcing and procurement processes and strategies.
  • Experience leading procurement projects; required, (e.g. Capex)
  • Comfortable with ambiguity and adapt to changing business needs and priorities.
  • Ability to work with ambiguous data and transform it into a clear story used for
    analysis and decision-making.
  • 10+ years of strategic sourcing, procurement, and relevant category experience in direct spend, focus on mechanical domains.
  • Significant background with mechanical component demand-supply cycles with varied approaches in partnering with suppliers to ensure high demand-supply alignment in a volatile environment.
  • Well-versed in TCO analysis to ensure data-driven analytics tied to component and supplier selection, in a product-based ecosystem.
  • Ability to interact and negotiate with Key suppliers and internal stakeholders on
    key contracts and services while negotiating in complex and ever-changing
    environments.
  • Experience with ERP systems, Spend Data Analytics & Reporting, eSourcing, and
    contract management systems required.
  • Identify and develop business cases for a healthy year-over-year cost reduction
    pipeline with suppliers through should costing, process improvement, and innovative strategies.
  • Advocate on behalf of the PSM organization function with business units and
    operational partners to ensure support for core business objectives.
  • Analyzing, selecting/recommending, approving, and auditing suppliers based upon supplier evaluation metrics relative to procurement, engineering, quality, and manufacturing requirements.
  • Strong leadership and collaboration skills to build and maintain trusted
    relationships with internal and external stakeholders.
  • Strong verbal and written communication skills, with the ability to confidently
    present complex information to senior executives.
  • A flexible, dynamic, self-demanding and proactive individual; a strong "can do" positive attitude.
  • Ability to think strategically and develop the organization's future state
    strategy.
  • Strong Business Acumen - the ability to understand challenges through the eyes of the business leaders.
  • An agile and strategic leader with proven results and the ability to collaborate
    across multiple business functions leveraging facts and data to influence.
  • High level of integrity and dependability with a strong sense of urgency to deliver results.
  • Proven track record in leadership roles within sourcing and procurement
    organizations and transformations
  • Experience in the OEM, elevator industry, aerospace, oil & gas, or similar
    industries
  • Must be willing to travel 10% or more as required including but not limited to any business-specific requirements for training or last-minute mitigation items.

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