Sourcing Manager (Level I and II)

01 & 04 Woodward, Inc.; Fort Collins (CO); On-site; USD 72,000 - 115,000; Full time

Benefits offered by this job

Annual bonus

401(k) match

Stock contributions

Tuition reimbursement

Holidays (12)

Medical/dental/vision insurance

Vacation/Sick Time

Parental leave

EAP and wellbeing benefits

Job summary

Woodward, Inc. is seeking a procurement professional to lead supplier assessment, contract negotiations, and strategic sourcing within a defined category. You will manage supplier portfolios, analyze total costs, and drive value while maintaining quality and delivery performance.

The role emphasizes collaboration with cross‑functional teams, risk management, and optimizing value across the supply base for the company’s energy control solutions.

Qualifications

• Supplier assessment experience ensuring conformance to category strategies and quality, cost, and delivery requirements.
• Contract negotiation to secure favorable terms and risk management.
• Strategic sourcing to select suppliers within a category.
• Portfolio management including spend, financial performance, and total supply chain understanding.
• Commercial strategy to reduce total cost while maintaining quality and delivery.

Responsibilities

• Supplier Assessment: assess potential suppliers to ensure conformance to category strategies and requirements.
• Contract Management: negotiate favorable terms to ensure security of supply and value.
• Strategic Sourcing: select suppliers that provide direct material while reducing risk.
• Portfolio Management: manage spend portfolio with financial performance.
• Commercial Strategy: analyze total cost structures and reduce procurement risk while keeping quality.

Skills

Collaboration

Negotiation

Problem solving

Communication

Financial acumen

Learning

Strategic thinking

Contract knowledge

Job description

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards. We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future. Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position.

Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. Estimated annual base pay: Level I: $72,000 (minimum) - $93,000 (midpoint) - $115,000 (maximum) Level II: $85,000 (minimum) - $110,000 (midpoint) - $136,000 (maximum)

All Levels are eligible for the benefits below:

• All members included in annual cash bonus opportunity.
• 401(k) match (4.5%)
• Annual Woodward stock contribution (5%)
• Tuition reimbursement and Training/Professional Development opportunities for all members
• 12 paid holidays.
• Industry leading medical, dental, and vision Insurance upon date of hire
• Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave.
• Paid parental leave.
• Adoption Assistance Employee Assistance Program, including mental health benefits.
• Member Life & AD&D / Long Term Disability / Member Optional Life
• Member referral bonus
• Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending Voluntary benefits, including:
• o Home / Auto Insurance discounts
• o Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Key Responsibilities:

• Supplier Assessment: Assess potential suppliers to ensure they conform to category, supply chain, and product strategies and meet the company’s quality, cost, and delivery requirements.
• Contract Management: Negotiate favorable terms and conditions with suppliers to ensure security of supply, commercial appropriateness, and risk management to generate mutually beneficial agreements that will deliver value for both parties.
• Strategic Sourcing: Select suppliers to provide direct material within a given category of suppliers who substantially conform to the category strategy, provide commercial favorability and reduce risk.
• Portfolio Management: Manage the portfolio of spend for a given category to include financial performance, plan for every part, and understanding of total supply chain.
• Commercial Strategy: Analyze total cost structures and implement strategies to reduce procurement risk (financial and otherwise) while maintaining quality and delivery performance to generate best total value for a given category.

Key Skills:

Level I: Collaboration: Proactively shares knowledge and resources with the team. Meaningfully contributes to accomplishing team goals. Legal Acumen: Understands legal terms and processes. Uses this knowledge to draft contracts or assist compliance in contract processes. Financial Acumen: Uses financial principles to reduce cost; understands broader financial context and uses that in decision-making processes. Includes organizational financial figures in workflows. Learning: Understands various resources for information. Quickly and proactively acquires knowledge and competencies through a variety of ways. Negotiation: Uses some negotiation strategies; able to assist in negotiations. Understands appropriate targets and outcomes for negotiation; uses information to tailor approach. Uses leverage besides cost savings in negotiations. Problem Solving: Able to define problem and determine potential causes. Finds appropriate solutions to problems or knows who to reach out to for help. Able to root cause for problem identification. Communication and Influence: Identifies those who should be persuaded to support a desired course of action. Proactively synthesizes and shares information with stakeholders. Persuades others with logical, data-driven arguments. Information Navigation: Explores and synthesizes different sources of information for stakeholders. Understands different sources of information and can distill information to share with stakeholders in a digestible way. Able to identify inaccurate information. Intellectual Curiosity: Contributes to innovative solution creation. Explores new solutions to problems and constructively challenges assumptions held by stakeholders. Brainstorms new, creative solutions. Value Orientation: Builds end‑to‑end value thinking. Manages projects and goals with little assistance. Establishes performance standards and measurements for work. Delivers on value proposition.

Level II: Collaboration: Proactively shares knowledge and resources with the team. Meaningfully contributes to accomplishing team goals. Legal Acumen: Works with legal and compliance team to ensure contract due diligence. Assists in contract development. Financial Acumen: Frames work in terms of financial principles (cost, revenue, etc.). Creates and manages financial reports. Able to use finance analytic tools. Learning