Strategic Sourcing Manager

3 weeks ago


Northbrook, Illinois, United States Michael Page International Full time
Job Description

As a Strategic Sourcing Manager - Packaging, you will be responsible for developing and implementing comprehensive sourcing strategies for packaging materials to meet business objectives. This includes cost reduction, quality improvement, and supply chain resilience.

Key Responsibilities:
  • Analyze market trends, supplier capabilities, and industry developments to inform sourcing decisions.
  • Identify, evaluate, and manage supplier relationships to ensure alignment with company goals and expectations.
  • Conduct supplier negotiations to secure favorable terms, pricing, and contracts.
  • Develop and manage supplier performance metrics, focusing on quality, delivery, innovation, and cost.
  • Lead cost reduction initiatives through strategic sourcing, value engineering, and supplier negotiations.
  • Partner with product development, manufacturing, and logistics teams to ensure packaging materials meet functional and aesthetic requirements.
  • Collaborate with sustainability teams to identify and implement environmentally friendly packaging solutions.
  • Develop and implement risk mitigation strategies to ensure a consistent supply of packaging materials.
  • Monitor and manage supply chain risks, including geopolitical issues, natural disasters, and supplier financial stability.
  • Utilize data analytics to drive decision-making and improve sourcing processes.
  • Prepare and present regular reports on sourcing activities, cost savings, and supplier performance to senior management.
Requirements:
  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field.
  • Minimum of 5-7 years of experience in strategic sourcing, procurement, or supply chain management, with a focus on packaging materials.
  • Proven track record of developing and executing successful sourcing strategies.
  • Experience in managing global suppliers and working in a complex, matrixed organization.
  • Strong negotiation and contract management skills.
  • Excellent analytical and problem-solving abilities.
  • Proficiency in procurement software and tools, such as SAP, Ariba, or equivalent.
  • Strong project management skills with the ability to manage multiple projects simultaneously.
  • Exceptional communication and interpersonal skills, with the ability to influence stakeholders at all levels.
What's on Offer:

Target compensation for the Strategic Sourcing Manager - Packaging is $115,000 - $130,000 + Bonus potential.



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