Senior Manager, Strategic IT Sourcing

Location: Euclid - 22801 Employment Status: Salary Full-Time Function: Supply Management/Purchasing Pay Grade and Range: ASC090-P5 (Min $145,403 - Mid $171,063 $145,403.00 - $196,722.00 ) Bonus Plan: CIP Target Bonus: 27.0 Hiring Manager: Bridget M Caver Recruiter: Allison Schock Internal Candidate Eligibility Criteria: 1. Is a Lincoln Electric employee with at least 1 year of service 2. Is NOT on an active Performance Improvement Plan (PIP) ​ Position Summary The Senior Manager of Strategic IT Sourcing is responsible for leading the strategic direction, execution, and continuous improvement of IT sourcing, contracting, and vendor relationship management across the enterprise. This role will partner with IT, a team of other sourcing professionals and our business partners to ensure sourcing strategies align with business goals, deliver value, and mitigate risk. The ideal candidate is a leader and change agent with expertise in IT procurement and a passion for building world-class sourcing capabilities. Key Responsibilities Strategic Leadership & Planning Develop and lead the execution of the enterprise-wide IT sourcing strategy, ensuring alignment with corporate objectives, digital transformation goals, and operational priorities. Identify and drive strategic sourcing initiatives that deliver cost savings, innovation, and improved vendor performance. Team & Stakeholder Management Lead/Mentor a high-performing team of sourcing specialists. Serve as a trusted advisor to senior IT and business leaders, influencing decisions and fostering cross-functional collaboration. Partner with operational procurement to ensure appropriate PO and other policy adoption and alignment. Vendor Decisioning & Contract Oversight Facilitate strategic IT vendor decisions, including competitive bids, negotiations, and contract lifecycle management. Ensure compliance with legal, regulatory, and risk management requirements across all IT contracts. Process Optimization & Innovation Champion the use of digital sourcing tools (eRFx, eAuction, spend analytics) and best practices to enhance sourcing efficiency and transparency. Continuously assess and improve sourcing processes, policies, and governance frameworks. Vendor Risk & Performance Management Assist with the implementation of robust vendor risk assessment and mitigation strategies. Oversee strategic IT vendor relationships and performance monitoring. Participate in the tracking of global KPIs for sourcing effectiveness, vendor performance, and cost/value delivery. Develop and track additional KPIs, as needed. Qualifications Min 5-8 years IT Strategic Leadership w/ Bachelor’s degree required; MBA or advanced degree preferred. 10 – 12+ years of progressive experience in IT sourcing, procurement, and vendor management, with some leadership experience in lieu of a degree Proven success in leading complex sourcing initiatives, managing high-value IT contracts (e.g., ERP, cloud services, software licensing), and delivery cost savings. Strong leadership, communication, and stakeholder engagement skills. Expertise in sourcing technologies, contract law, and vendor risk management. Professional certifications (e.g., CPSM, CSCP, ITIL) are a plus. Preferred Attributes Strategic thinker with a bias for action and results. Comfortable navigating ambiguity and driving change in a dynamic environment. Passionate about talent development and building sourcing excellence. 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.