Sourcing Manager
7 hours ago
We are seeking a highly skilled Sourcing Manager to join our team at Nexpera. The ideal candidate will be responsible for managing the sourcing and procurement activities within our organization.
Key Responsibilities:- Develop and execute category strategies aligned with business objectives to drive cost savings and process improvements.
- Conduct market research and analysis to identify industry trends, potential suppliers, and cost-saving opportunities.
- Lead sourcing projects from inception to completion, including RFP/RFQ processes, negotiations, and contract management.
- Collaborate with cross-functional teams to understand business requirements and translate them into effective sourcing strategies.
- Manage supplier relationships and performance, ensuring compliance with agreements and service level expectations.
- Analyze spend data and market intelligence to identify cost reduction opportunities and implement savings initiatives.
- Develop and maintain category performance metrics and reporting.
- Ensure procurement policies and procedures are understood and adhered to by the organization.
- Deliver supplier relationship strategies in line with supplier segmentation, category strategy, and business needs.
- Provide subject matter advice to internal and external customer groups addressing current and future business needs, demonstrating marketplace knowledge.
- Lead and influence customer groups with sound and articulate case recommendations with quantifiable financial benefits.
- Effectively communicate strategies, drive decisions, and challenge partners.
- Manage, minimize, and mitigate supply/contractual/regulatory risk by bringing to bear other key functions where appropriate.
- Develop and model multiple cases to demonstrate the potential opportunities and impact of options across a category.
- Develop baseline cost analysis and cost models to accurately represent sourcing strategies.
- Bachelor's degree or higher and 6 years of Procurement experience with any combination of Finance, Engineering, Contract Manufacturing, Logistics, or Raw Material experience; OR
- Associate's degree and 10 years of Procurement with any combination of Finance, Engineering, Contract Manufacturing, Logistics, or Raw Material experience;
- Proven track record of delivering cost savings and process improvements
- Strong analytical and problem-solving skills with proficiency in data analysis tools
- Excellent negotiation and communication skills
- Experience with e-sourcing tools and procurement systems
- Proficient in use of SAP or other similar ERP system
- Knowledge of contract law and supplier relationship management
- Solid understanding of procurement/sourcing/category management methodologies.
- Demonstrated capability to develop and manage supplier relationships
- Excellent and disciplined project management and prioritization skills with ability to react to project adjustments and alterations promptly and efficiently
- Ability to adjust and conform to shifting priorities. Proven capability to work independently and proactively is essential
- Strong eye for business in order to quickly understand functional/category dynamics and develop category strategies that drive value
- Ability to deliver complex multi-regional projects in a matrixed environment
- Broad knowledge of the market forces shaping a supplier's business context
- Ability to understand external market information, including ability to conduct benchmarking to address cost, quality, risk, and innovation considerations
- Ability to understand cost drivers, internal costs, and future demand and requirements
- Ability to provide thought leadership, ability to influence and actively shape strategy
- Strong financial savvy and problem-solving skills
- Strong executive communicator with the ability to create and communicate complex cases in a simple and effective manner
- Ability to identify gaps, develop scope, and run RFQ's to meet business needs
- Solid working knowledge of word processing applications and spreadsheets
- Good understanding of supply chains and logistics functions
- Develop reports to analyze spending patterns and deliver cost savings
- Relevant Procurement. Purchasing, or Supply Chain certifications preferred
- Professional certification (e.g., CPSM, CPM, CSCP) is a plus
This hybrid position will be office-based with some opportunity for remote work from home. The successful candidate will be located at either the Newark, DE or Houston, TX offices. Some travel between offices and to visit plant sites or suppliers will be expected (
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