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Strategic Sourcing Manager
2 months ago
Role Overview:
The Strategic Sourcing Manager is a pivotal position reporting directly to the Vice President of Supply Chain, tasked with advancing the objectives and performance metrics of SupplyOne through proficient supplier negotiations and the enhancement of purchasing operations. This role is crucial in driving essential sourcing metrics such as productivity, working capital optimization, lead times, service levels, and product quality.
Key Responsibilities:
- Achieve annual productivity targets of 5-7% and meet key performance indicators for designated commodities.
- Conduct thorough research to identify and evaluate optimal sources of supply.
- Ensure compliance with working capital goals.
- Foster a collaborative atmosphere for selecting key vendors within assigned categories.
- Build and maintain strong relationships with preferred suppliers, serving as a subject matter expert for assigned categories.
- Collaborate with supply chain leadership to ensure suppliers meet delivery timelines, taking necessary actions to uphold on-time delivery of approved materials.
- Oversee contract management throughout the lifecycle with preferred vendors.
- Support initiatives aimed at reducing inventory for assigned categories.
- Engage in the Inventory Council to promote initiatives related to assigned categories.
Essential Functions:
- Expand knowledge of emerging domestic and international markets to discover new supply sources.
- Provide market insights using industry-specific indices and disseminate findings to key stakeholders.
- Work towards minimizing lead times for assigned commodities.
- Establish productive relationships with local procurement and management teams.
- Design, implement, and continuously refine strategies for assigned commodities.
Qualifications:
- Bachelor's Degree in business, procurement, packaging, or equivalent experience.
- 3 to 5 years of experience in purchasing packaging direct materials is preferred.
- In-depth knowledge and experience with various packaging markets and suppliers.
- Strong project management capabilities.
Required Skills and Abilities:
- Exceptional organizational skills with the ability to prioritize effectively.
- Strong negotiation capabilities.
- Willingness to travel domestically up to 25% of the time.
- Proven ability to work collaboratively and lead teams effectively.
- Outstanding analytical, communication, and problem-solving skills.
- Commitment to maintaining the highest standards of integrity.
- Excellent 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.