Strategic Sourcing Manager Jobs

PAYOUT FOR SUCCESSFUL PLACEMENT: $8,750.00 (Subject to Terms & Conditions)
Responsibilities include developing purchasing strategies, maintaining positive relationships with suppliers, coordinating with internal teams regarding supply needs, negotiating costing, and conducting cost savings initiatives. Drive sourcing transactions with the goal of maintaining uninterrupted material and product supply, achieving significant cost reductions, maintaining/improving product quality, and enhancing supplier service levels.
Have a strong understanding of the product requirements, identifying sources of supply with both domestic and international vendors, obtaining price quotations, and managing inventory. Sourcing from existing and new suppliers for new product introductions.

• Deliver innovative solutions to deliver cost efficiencies to improve organizational value.
• Lead annual supplier summit.
• Develop and implement purchasing strategies.
• Improve purchasing systems and process. Propose and implement approved changes to the purchasing systems that will improve vendor relationships and lower that cost of doing business.
• Effectively communicate results of KPIs, root cause analysis and present necessary action plans to management.
• Process dispositions on non-conforming material reports and execute returns to suppliers.
• The ability to handle multiple projects simultaneously in a fast-paced and quickly changing environment.
• Coordinating cross functionality within the organization to determine and manage inventory needs to meet sales and production projections.
• Create a workplace culture that is consistent with our company’s core values.
• Managing supplier relations and negotiating contracts, prices, timelines, etc.
• Partner with Marketing and Product Development teams to identify qualified sources of supply for new and existing products.
• Ensure that all procured items meet the required quality standards and specifications.
• Manage day-to-day purchasing activities and ensure that buyer achieves their personal performance goals.
• Analyze supply chain flow, identifies bottlenecks, problem areas, and identify innovative solutions.
• Continuous improvement of KPIs for Out of stocks and Inventory Turns.
• Implement vendor management system, vendor scorecards, MBR’s/QBR’s (Monthly/Quarterly Business Reviews) to drive continuous improvement of product KPIs.
• Lead for Purchasing’s responsibilities related to the Company’s Annual Standard Cost Review and Update

Requirements

• Excellent communication skills, both written and verbal.
• 5+ years purchasing management experience.
• Strong critical thinking and negotiation skills.
• Bachelor’s Degree in Business Administration or a related field preferred.
• Ability to work independently.
• Strong knowledge of supply chain management.
• Proficiency in Microsoft Office products (Word, Excel, PowerPoint, Outlook, etc.).
• QAD Enterprise software experience a plus.
• Strong planning and organizational skills.
• Domestic and overseas ordering.
• APICS (CPIM or CPM) certification preferred.

Skills:

• Strong written and verbal communication skills.
• Ability to leverage resources and build strong relationships with suppliers and vendors.
• Self-starter with the ability to work under minimal supervision.
• Excellent organizational skills with a strong attention to detail.
• Creative thinking and problem-solving skills.
• Strong ability to build relationships at all levels.
• Works well under pressure and with a sense of urgency.
• Strong problem solving and conceptual thinking abilities.
• Excellent verbal and written communication skills.
• Strong strategic thinking.
• Ability to analyze and formulate recommendations based on findings.
• Ability to prioritize and multi-task.
• Demonstrated experience with evaluating vendor proposals.
• Negotiation expertise with an understanding of key contracting concepts and legal terms.
• Strong analytical skills.
• Excellent leadership abilities and be able to negotiate the best possible deals with suppliers.
• Process driven with strong analytical acumen.
• Ability to work cross-functionally with suppliers as a key liaison to understand business needs, identify innovation, and add value to cost savings.
• Ability to translate business requirements into agreements.

Benefits
Benefits to be discussed with hiring team.