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Sr. Manager- Procurement
2 months ago
The first 3 letters in workplace safety are Y-O-U TK Elevator is currently seeking an experienced Sr. Manager- Procurement located in Atlanta, GA. Responsible for strategy development, execution, leading strategic sourcing events, and negotiating acceptable terms and conditions with suppliers according to TK Elevator's approved processes to mitigate risk. ESSENTIAL JOB FUNCTIONS: Manage a team of professionals to develop, collaborate, and implement strategies for sustainable and ethical sourcing, ensuring compliance with environmental regulations and corporate social responsibility (CSR) standards Facilitate cross-functional collaboration to ensure alignment between sourcing strategies and overall business objectives. Engage with PLM, engineering, and Manufacturing teams to ensure sourcing strategies support new product development initiatives. Establish and monitor key performance indicators (KPIs) to measure the success of sourcing strategies and initiatives. Regularly review performance metrics and adjust strategies as necessary. Lead and manage the ECO (Engineering Change Order) and MCO(Manufacturing Change Order) processes to ensure seamless integration of product changes into the supply chain. Collaborate with engineering and manufacturing teams to implement changes efficiently and effectively, minimizing disruptions and ensuring alignment with sourcing strategies. Stay updated with the latest industry trends and technological advancements. Promote continuous learning and development within the team to keep skills current and relevant. Develop and implement risk management strategies to address potential disruptions in the supply chain. Conduct regular risk assessments and develop contingency plans. Encourage diverse supplier base to ensure innovation and competitiveness. Collaborate within PSM, Leadership, and various operational departments to advance the company's initiatives to meet company goals. Deliver current-year savings goals and contribute to a 3-year savings pipeline robust category value plans that allow optimal service levels and lowest possible total cost of ownership. Develop relationships with key internal TKE business leaders to support the creation of a world-class procurement experience. Ensure that all sourcing activities, including negotiation, drafting, and management of supplier contracts comply with company policies, relevant laws, regulations, and industry standards, including import/export regulations and trade compliance. Develop and utilize should cost models to accurately estimate the cost of products and services, identifying cost-saving opportunities. Manage product costs throughout the product lifecycle, ensuring cost targets are met without compromising quality or performance. Analyze cost drivers and implement cost control measures to achieve optimal cost structures. Identify and lead cross-functional and continuous improvement activities. Leads Spend Data Analytics and Reporting, eSourcing, and contract management for the assigned clusters/categories/projects Leads Quarterly Business Reviews, develops, and maintains strong relationships with key suppliers to foster long-term partnerships and ensure business continuity. Develop and implement supplier corrective action and recovery plans as required with internal stakeholders Partner with global strategic sourcing colleagues to leverage enterprise-wide Purchase Volume enabling a TCO (total cost of ownership) approach. EDUCATION and EXPERIENCE: Bachelor's degree required: Engineering, Supply Chain Management, or Business Administration. 10 years of sourcing and supplier relations experience 5 years leading Procurement teams at a Managerial level. 5 years in the OEM elevator industry or similar business Master's in Business Administration, preferred. Certifications: Supply Chain Management, Purchasing, Six Sigma Green/Black Belt or PMP desired, preferred. Expert understanding of strategic ourcing and procurement best practices, processes, procedures and strategies. Advanced understanding of supply landscapes, manufacturing, and product lifecycles. Ability to work with ambiguous data and transform it into a clear story for analysis and decision-making. Understand total spend, pricing structure, commercial terms, market influencers that impact materials or services, purchased finished products, and manufactured assemblies with a particular knowledge of market dynamics, cost drivers, and supply chain. Demonstrated negotiation skills including a TCO approach. Experience with ERP systems, Spend Data Analytics and Reporting, eSourcing, eAuctions and contract management systems. Skilled at change management; well-honed "radar" for stakeholder management Excellent communication skills: written, verbal, and presentation skills; Excellent managerial and organizational skills Proactive, dynamic, self-driven, able to achieve results utilizing data and collaboration as key tools of influence. Exceptional persuasion and interpersonal skills to interact with suppliers, business leaders, and all other internal stakeholders. Proficient in Microsoft Office; Oracle; Advanced Excel abilities (pivot tables, VLookup, macros, charting/graphing). High level of integrity and dependability with a strong sense of urgency to deliver results. EDUCATION and EXPERIENCE: Bachelor's degree required: Engineering, Supply Chain Management, or Business Administration. 10 years of sourcing and supplier relations experience 5 years leading Procurement teams at a Managerial level. 5 years in the OEM elevator industry or similar business Master's in Business... Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
