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Strategic Sourcing Manager

2 months ago

Newtown Square, Pennsylvania, United States Risus Talent Partners Full time

Role Overview:

The Strategic Sourcing Manager is a pivotal position reporting directly to the Vice President of Supply Chain. This role is integral to achieving the objectives and performance metrics of SupplyOne through adept supplier negotiations and the enhancement of purchasing operations. The focus is on driving essential sourcing metrics such as productivity, working capital efficiency, lead times, service levels, and product quality.

Key Responsibilities:

  • Achieve annual productivity targets of 5-7% and meet KPI benchmarks for designated commodities.
  • Conduct thorough research to identify and qualify optimal supply sources.
  • Ensure compliance with working capital goals.
  • Foster a collaborative atmosphere for selecting key vendors within your assigned categories.
  • Establish and nurture relationships with preferred suppliers, serving as a Subject Matter Expert (SME) for your categories.
  • Coordinate with supply chain leadership to guarantee suppliers meet required delivery timelines, taking necessary actions to maintain timely deliveries of approved materials.
  • Oversee contract management throughout the lifecycle with preferred vendors.
  • Support initiatives aimed at reducing inventory in assigned categories.
  • Engage in the Inventory Council to advocate for strategies related to your categories.

Essential Functions:

  • Expand knowledge of emerging domestic and international markets to discover new supply sources.
  • Perform market analysis using industry-relevant indices and disseminate findings to key stakeholders.
  • Work to minimize lead times for assigned commodities.
  • Build effective collaborative relationships with local procurement and management teams.
  • Develop, implement, and continuously refine strategies for assigned commodities.

Qualifications:

  • Bachelor's Degree in business, procurement, packaging, or a related field.
  • 3 to 5 years of experience in purchasing direct materials within the packaging sector is preferred.
  • In-depth knowledge and experience with various packaging markets and suppliers.
  • Proven project management skills and experience.

Required Skills and Abilities:

  • Excellent organizational skills with the ability to prioritize effectively.
  • Strong negotiation capabilities.
  • Willingness to travel domestically approximately 25% of the time.
  • Ability to lead and motivate teams effectively.
  • Exceptional analytical, communication, and problem-solving skills.
  • Commitment to maintaining the highest standards of integrity, both personally and professionally.
  • Outstanding presentation skills.
  • Ability to work independently with minimal supervision.
  • Familiarity with internet-based procurement practices.
  • Proficient in data organization and analysis using a PC.
  • Experience with Tableau, Alteryx, MS Office Suite, and Windows is preferred.