Sourcing Manager
Found in: Resume Library US A2 - 6 days ago
The Sourcing Manager is responsible for all types of sourcing including, but not limited to, identifying cost-saving opportunities, creating competitive environments, effectively negotiating, and creating contracts to ensure continuous availability of all required products to support the company demand.
Responsibilities:
Identifies situations in advance where procurement involvement can increase.
Plans and manages the company’s overall sourcing strategy in collaboration with senior management.
Creates strategic sourcing plans for the smooth functioning of the department.
Support supplier segmentation, Supplier Relationship Management (SRM), and quarterly supplier reviews for all strategic suppliers.
Identify gaps in goals and collaboratively develop and support countermeasures and activities to close the gap and exceed targets.
Work with suppliers to address significant and/or systemic issues with performance (quality, delivery, warranty, etc.) as may be required in support of plant Manufacturing, Purchasing, and Quality teams.
Manage reporting of Procurement financial metrics (forecast and actual) including productivity and inflation for responsible plants or projects
Support compliance initiatives and policy deployment.
Writes sourcing documentation and statements.
Develop a sourcing plan so that fast and effective sourcing operations are possible.
Negotiates pricing and control costs.
Develops and administers an efficient global supply chain and monitors inventories for all global products and assists in increasing growth.
Conducts market research, as well as creating cost estimates and forecasts.
Estimates & balances risk through dual sourcing & strategic relationships.
Qualifications:
Bachelor’s degree in supply chain management, logistics, or business administration preferred.
Proven work experience as a Sourcing Manager for more than 5 years
Proficiency in sourcing metal components
Outstanding negotiation abilities
25% Travel is required.
PHYSICAL DEMANDS:
Regularly required to sit, stand, and walk.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.
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