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Global Procurement Manager
2 months ago
Position: Global Procurement Manager – Direct Category
Location: Flexible (Up to 25% Travel Required - Domestic & Some Global)
Role Summary:
The Global Procurement Manager is tasked with crafting and executing sourcing strategies that significantly enhance annual sales growth and operational efficiency through a comprehensive Total Cost of Ownership (TCO) approach. Key responsibilities encompass supplier development, contract negotiations, and supplier selection.
Primary Responsibilities:
- Act as a vital member of the global sourcing team, overseeing a range of procurement categories at both global and regional levels.
- Lead initiatives for new supplier development and cost reduction across assigned categories on a global and regional scale.
- Contribute to the core team focused on establishing and implementing best practices in sourcing processes, procurement market strategies, supplier strategies, and risk management.
- Develop specialized knowledge in assigned categories, including procurement markets, commodity markets, cost drivers, and risk management.
- Source products and services, assist in supplier audits, negotiate tooling and pricing, draft contracts, and conduct value analysis to ensure compliance with supplier contracts and timelines.
- Oversee supplier performance metrics and scorecards.
- Collaborate within the category cluster/team to articulate sourcing strategies to key stakeholders, including engineering, sales, operations, and quality.
- Manage supplier relationships to optimize total costs, including terms, freight, unit costs, quality improvements, and inventory reduction.
- Utilize global commodity indexes and macroeconomic trends to ensure a steady supply of products at competitive costs.
- Regularly engage with suppliers to foster continuous improvement and strengthen relationships.
- Perform additional duties as assigned.
Individuals in this role must effectively perform the essential duties and responsibilities outlined above. Reasonable accommodations may be made to enable individuals with disabilities to fulfill the essential functions of this position.
Education & Preferred Qualifications:
- Bachelor's degree in a technical or business-related field.
- CPIM or equivalent professional certification is advantageous.
- Travel Requirements – 25% domestic with some international travel.
- A minimum of seven (7) years of experience as a commodity leader/manager in sourcing raw materials, manufactured components, mechanical equipment, or services.
- Extensive expertise in procurement category management with a strong emphasis on cost reduction, procurement market strategy, supplier strategy, risk management, and contract negotiation.
- Solid understanding of global commodity markets within a supply chain context: steel, aluminum, copper, plastics, paper, etc.
- Experience working within a global team and in a global category management environment.
- Proven strategic sourcing project management skills, capable of independently driving new supplier sourcing and cost reduction initiatives while meeting key sourcing objectives in a timely manner.
- Knowledge of basic manufacturing processes, including metal cutting, casting, machining, plastic injection molding, and electronics.
- Ability to read engineering drawings and specifications is a plus.
- Demonstrated experience in managing global supplier relationships and advanced negotiation techniques.
- Strong data analysis, problem-solving, and reporting skills.
- Experience in a global supply environment and with international suppliers or colleagues.
- Proven teamwork skills, self-motivated, and strong communication and interpersonal abilities.
- Familiarity with Quality Management Systems, ISO, and Six Sigma principles is advantageous.
- Working knowledge of ERP systems such as Oracle, QAD, or Fourth Shift is beneficial.
Competencies:
- Customer Service (Internal/External): Effectively manages challenging customer situations; responds promptly to customer needs; seeks feedback to enhance service quality.
- Ethics: Treats individuals with respect; keeps commitments; inspires trust; operates with integrity and upholds organizational values.
- Teamwork: Balances team and individual responsibilities; welcomes feedback; contributes to a positive team environment.
- Analytical: Synthesizes complex information; collects and researches data; designs workflows and procedures.
- Problem Solving: Identifies and resolves issues promptly; analyzes information skillfully; develops alternative solutions.
- Planning/Organizing: Prioritizes and plans work activities; uses time efficiently; sets achievable goals.
- Adaptability: Adjusts to changes in the work environment; manages competing demands; remains flexible.
- Quality Management: Seeks ways to enhance quality; demonstrates accuracy and thoroughness.
- Interpersonal Skills: Focuses on conflict resolution; maintains confidentiality; listens actively; remains open to new ideas.
Physical & Mental Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit, talk, or hear, and use hands to handle or touch objects or controls. The employee is regularly required to stand and walk. Occasionally, the incumbent may need to stoop, bend, or reach above the shoulders. The employee must occasionally lift up to 30 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
Benefits:
- Comprehensive health benefits package (medical, dental, vision, etc.) for positions of 30 hours or more per week.
- Health Savings Account with annual employer contribution.
- Company-provided Life Insurance, Accidental Death and Dismemberment, and Short-Term Disability.
- Voluntary Life Insurance, Spousal Life, Child Life, Critical Illness, Accident, and Long-Term Disability options.
- 401(k) with matching contributions that are fully vested from day one.
- Generous PTO policy, plus 14 paid holidays.
- Tuition reimbursement and scholarship opportunities.
- $250 in Lifestyle Reimbursement Account upon completion of annual physical.
- Wellness program with monthly themes, quarterly challenges, onsite flu shot clinics, and biometric screenings.
- Safe and clean work environment.
Equal Opportunity Employer: We are proud to foster an inclusive and diverse workplace culture. We are an equal opportunity employer and are committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetics, or any other characteristic protected by applicable federal, state, or local law. We value diversity and believe that a diverse and inclusive workforce is essential to drive innovation, foster creativity, and achieve success. We welcome and encourage applications from individuals of all backgrounds and are dedicated to ensuring a fair and equitable recruitment and employment process for everyone.