Overview:
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.
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Plans and manages the company’s overall sourcing strategy in collaboration with senior management.
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Creates strategic sourcing plans for the smooth functioning of the department.
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Support supplier segmentation, Supplier Relationship Management (SRM), and quarterly supplier reviews for all strategic suppliers.
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Identify gaps in goals and collaboratively develop and support countermeasures and activities to close the gap and exceed targets.
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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.
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Manage reporting of Procurement financial metrics (forecast and actual) including productivity and inflation for responsible plants or projects
- Support compliance initiatives and policy deployment.
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Writes sourcing documentation and statements.
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Develop a sourcing plan so that fast and effective sourcing operations are possible.
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Negotiates pricing and control costs.
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Develops and administers an efficient global supply chain and monitors inventories for all global products and assists in increasing growth.
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Conducts market research, as well as creating cost estimates and forecasts.
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Estimates & balances risk through dual sourcing & strategic relationships.
Qualifications:
- Bachelor’s degree in supply chain management, logistics, or business administration preferred.
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Proven work experience as a Sourcing Manager for more than 5 years
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Proficiency in sourcing metal components
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Outstanding negotiation abilities
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25% Travel is required.
PHYSICAL DEMANDS:
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Regularly required to sit, stand, and walk.
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Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.