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Strategic Sourcing Analyst II

2 months ago

Richardson, United States Lennox Full time

Company Overview:

WHO WE ARE

Lennox (NYSE: LII) is an industry leader in energy-efficient climate-control solutions founded over a century ago on the principles of integrity and innovation. Dedicated to sustainability and creating comfortable, healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems.

Job Description:

WHAT YOU WILL BE DOING

As Strategic Sourcing Analyst you will manage supplier relationships for our inventory products.

This role reports to the Manager, Supplier Management. You will be empowered to build and manage relationships with vendor direct suppliers. You will work closely with Category Management, Supply Chain, Sales and Global Sourcing teams to drive overall growth for the Sourced Products team. In addition to the responsibilities already mentioned, you will:

  • Source commodities or groups of commodities, tools, and/or parts.
  • Develop a global sourcing strategy for commodities, tools and/or parts defining project scopes and identify savings opportunities.
  • Negotiate and manage contracts and relationships with vendors.
  • Conduct regular supplier performance reviews and drive continuous improvement initiatives.
  • Lead design and implementation of policies and metrics to ensure that rigid savings goals are realized using subject matter expertise.
  • Advise and work with buyers, engineers, sales team and category management to identify new product needs.
  • Identify new sources in order to meet business requirements.
  • Serve as primary interface between company components and suppliers on strategic/critical quality, and procurement matters.
  • Develop and implement long- and short-range sourcing strategies for very complex and high-risk items.

This analyst secures and analyzes quotations and negotiates prices and terms with U.S. and international suppliers, subject to management approval, for the purchase of fixed assets, parts, tooling, materials and/or services. The typical annual dollar buy is $75 to $150 million.

Qualifications:

Requirements:

  • Bachelor's degree or an equivalent combination of education and experience.
  • At least 3-5 years related experience.
  • Has broad expertise including purchasing for lean manufacturing, Kanban and supplier development.
  • Strong negotiation abilities and analytical skills.
  • Shows exceptional verbal and written communication skills including with executives or in international contexts.
  • Knowledge of raw materials, production processes and quality control.
  • Must have knowledge of economic principles and financial markets.
  • Competent in computerized procurement systems.
  • Advanced knowledge of Microsoft Word and Excel. May require MS Access experience.

What you bring to the team:

  • Expertise in supplier and relationship management.
  • Effective negotiation and contract management skills.
  • Financial acumen and the ability to identify cost saving opportunities.
  • Ability to work collaboratively with cross-functional teams.
  • Excellent communication skills with a variety of audiences, including corporate executives and diverse internal project teams.

WHAT WE OFFER

At Lennox, we realize that our greatest assets are our employees. This is why we are committed to providing limitless opportunities for growth and development of all of our employees, largely promoting from within the organization. Lennox offers employees a variety of flexible work options, as outlined in Lennoxs FlexWork guidelines, including the potential opportunity for remote work for select positions. This position is a hybrid role working Monday through Thursday in the office with the option to work on Friday at home.

In Addition, You Will Receive a

  • Competitive base salary
  • Annual Bonus based on company performance
  • Excellent medical plans designed to support healthy lifestyles
  • Mental and financial health programs
  • Outstanding 401k with company match
  • Employee stock purchase program
  • Community involvement opportunities
  • Robust employee assistance program
  • And much, much more

WE VALUE DIVERSITY

Here at Lennox, we believe that diversity and inclusion is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool. Our goal is to build workplaces that reflect the communities where we live and work, support the growth and development of each team member as they strive to reach their full potential, and empower them to be their authentic selves. Lennox is an equal opportunity employer.

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