Senior Sourcing Manager, Capital Expenditures

1 week ago

Cleveland, United States Lincoln Electric Holdings Inc. Full time

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 11,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries. Location: Euclid - 22801 - Cleveland, OH, United States (US) Employment Status: Salary Full-Time Function: Supply Management Req ID: 24359 PURPOSE: The Strategic Sourcing Manager's primary function is to ensure the health & outlook of the supply chain; and support the business by creating procurement strategies and plans, based upon budgets, and coordinating project/order related materials, services, and engineering requirements with total transparency to the team. JOB DESCRIPTION (DUTIES AND RESPONSIBILITIES) Lead a global strategic sourcing team responsible for the Capital Expenditures spend category, supporting the acquisition, improvement, or maintenance of long-term assets such as property, plant, and equipment; this include expenses such as machinery, equipment, vehicles, buildings, and other fixed assets that are necessary to support the operations of the business. You will manage a team of sourcing specialists, who will help define and proliferate global sourcing strategies You will define and maintain a formal strategic sourcing plan You will lead a global sourcing council with representatives from key stakeholder functions, who will contribute to the creation, ratify, and proliferate the strategic sourcing plan for the spend category managed In this role, you will partner collaboratively with all parts of the business, as well as the global procurement network, and implement procurement strategies and policies, applying a structured approach. In addition, this position will support tactical execution from the selected supply chain and help maintain performance and profitability through completion of production. You will achieve your objectives by demonstrating a clear understanding of the business structure, good communications skills, a proactive, entrepreneurial mindset, and the ability to multitask and coordinate with various functions. The Strategic Sourcing Manager is responsible for ensuring an optimized supply of material by: Clearly defining the supply chain in coordination with the cross-functional commodity team Aligning and leading cross-functional commodity teams with the various procurement strategies to be executed. Documenting and communicating the supply chain strategy to cross functional personnel and management. Early Involvement with product development projects, in coordination with R&D, to drive supply chain optimization. Establishing project material budgets using as sold data and develop procurement plans. Creating and maintaining commodity plans and assuring proper execution by the tactical procurement group. Implementing professional sourcing processes and coordinating procurement activities to deliver optimized material cost and ensure supply base meets the project's cost, delivery and quality requirements. Proactively driving procurement strategies - pooling, bundling, designing to cost, etc Understanding the scope of supply and customer contract agreements, performing risk analysis and preparing for supplier negotiations Identifying supply chain risks and monitoring the market forces related to supply chain to avoid potential issues/risks. Coordinating with various Strategic Sourcing Managers both locally, regionally, and globally for supplier negotiations to assure spending is fully optimized. Assumes additional responsibilities as needed or directed in support of the Company's 2025 Strategy. BASIC REQUIREMENTS 7-10 years of procurement experience re Capital Expenditures and/or Srategic Sourcing 1-2 years Supervisory or Management Experience in Manufacturing environment (preferred) Bachelor's in Engineering, Operations, Business or related MBA (preferred) Broad supply chain knowledge & experience Strong negotiation skills Strong knowledge of Microsoft office applications Solid communication and listening skills Strong leadership skills Ability to build trust and confidence quickly and professionally Ability to coordinate between multiple groups in a cross functional environment to achieve objectives Lean process focus Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law. Nearest Major Market: Cleveland Job Segment: Welding, Fabrication, Manufacturing

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