Sourcing Manager

Job Description

Job Description

The Opportunity

The Sourcing Manager is responsible for defining and executing multi-year category strategy roadmap on assigned component categories to include all facets of strategic procurement, including but not limited to: value creation, cost reduction, alignment with business strategy, risk mitigation, and supplier performance.

Responsibilities:

• Implement category, negotiation, and sourcing strategies of assigned material categories in alignment with business and manufacturing short-term and long-term objectives
• Identify, analyze and develop the appropriate supplier base to meet current and future commodity needs, taking into consideration new technologies, end of life product cycles, and site localization objectives
• Direct and execute the negotiation and management of contracts/agreements for assigned commodities with medium to high risk and medium to high complexity
• Provide guidance and support to the manufacturing site(s) purchasing team for clear alignment on category strategy execution, supplier communications and messaging, supplier performance escalations, and other supply chain activities
• Develop clear risk identification and management strategies for short and long term with defined risk/benefit analysis in support of Supply Resilience initiative
• Perform analyses of costs related to labor rates, charges, time, and cost of materials
• Monitor supplier capability and performance to ensure maintenance of delivery, quality, price, and other contractual commitments
• Maintain and promote sound relationships with extensive network of suppliers and business community. Connects other team members with potential suppliers
• Lead projects to ensure all procurement activities are performed as required
• Create and maintain mutually beneficial long-term partnerships with suppliers to foster feedback, continuous improvement, and innovation
• Develop cross-functional teams to understand and to document division-wide needs
• Understand, track, and forecast the key cost drivers and market factors for assigned commodities
• Comply market condition information regarding commodities and suppliers and suggest/implement business strategy changes
• Responsible for the development of materials policies and procedures
• Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
• Comply with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments.
• Maintain positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
  

Qualifications:

Required Experience:

• Bachelor's Degree in a related field or equivalent combination of education and work experience.
• Minimum 8 years of experience in purchasing/commodity management.
• Strong experience in negotiating terms in purchasing agreements.
• In-depth experience in contract management.
• Ability to work in a highly matrixed and geographically diverse business environment.
• Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
• Ability to leverage and/or engage others to accomplish projects.
• Strong verbal and written communications with the ability to effectively communicate at multiple levels in the organization.
• Multitasks, prioritizes, and meets deadlines in a timely manner.
• Strong organizational and follow-up skills, as well as attention to detail.
• Ability to travel approximately up to 20%, including internationally.