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Strategic Sourcing Manager
2 months ago
Position: Strategic Sourcing Manager
Location: Dallas, TX
Work Arrangement: Hybrid
Compensation: $110,000 - $120,000
Incentives: Up to 20% bonus potential
Employee Benefits: Health, Dental, Vision, Paid Time Off, 401k matching, and more
Department: Procurement
Key Responsibilities:
- Formulate and enhance procurement strategies for direct commodities while optimizing strategic sourcing initiatives.
- Lead category assessment and strategy formulation through data-driven insights in a manufacturing context.
- Support purchasing decisions and business needs evaluations to align with the overarching procurement strategy.
- Engage in the capital procurement process for site-specific capital initiatives.
- Identify opportunities for supplier consolidation to achieve the most competitive material costs, factoring in safety, quality, sustainability, reliability, and urgency.
- Reduce supply chain risks by establishing alternative suppliers for critical expenditure categories.
- Negotiate and manage sourcing agreements with suppliers.
- Address supplier-related issues concerning quality, delivery, and pricing.
- Proactively identify and spearhead cost-reduction initiatives.
- Oversee RFQ & RFP processes, including supplier interviews, source recommendations, and quotation analysis to prepare informed recommendations.
- Bachelor's degree in Supply Chain Management or a related field
- A minimum of 7 years of direct procurement experience with a focus on commodity management preferred
- Experience with ERP systems such as SAP, JD Edwards, etc.
- Strong negotiation, analytical, and organizational skills
- Capability to plan and prioritize a diverse range of tasks