Strategic Sourcing Engineer - Cost Reduction

Ingersoll Rand

Clinton (MO)

On-site

USD 70,000 - 100,000

Full time

11 days ago

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Benefits offered by this job

Health care options

Dental and vision coverage

Wellness programs

Life insurance

Robust 401(k) plan

Paid time off

Employee stock grant

Job summary

Ingersoll Rand is seeking a Sourcing Engineer in Sedalia, MO to balance forward‑looking supply chain improvement with hands‑on manufacturing support. You will strengthen supplier partnerships and work with the materials team to address escalations, ensuring components meet production and revenue commitments.

You will translate complex data into practical strategies, develop supplier relationships, and navigate material shortages and disruptions.

Qualifications

3+ years of progressive experience in sourcing, procurement, supply chain, or supplier management.
2+ years of experience negotiating directly with suppliers on pricing, cost increases, payment terms, lead times, inventory programs, or other commercial terms.
2+ years of experience analyzing sourcing, spend, pricing, PPV, or supplier data to identify savings opportunities and support business decisions.
2+ years of experience using Excel for data analysis, including pivot tables, VLOOKUP/XLOOKUP, financial or logical functions, and multiple worksheets/workbooks.
1+ years of experience leading sourcing initiatives, such as RFQ/RFP activities, cost-reduction projects, supplier development, resourcing, or new supplier qualification.

Responsibilities

Identify, develop, and manage sourcing projects that reduce material costs and achieve savings goals.
Analyze spend, purchase price variance, materials, and other data to identify new savings opportunities.
Maintain sourcing/savings project tracking and lead cross-functional reviews to drive projects to completion.
Track sourcing activity, savings, and performance results to ensure accurate and timely reporting.
Identify and develop new suppliers and improve the value delivered by existing suppliers.
Lead RFP/RFQ activities in partnership with internal stakeholders.
Negotiate supplier pricing, payment terms, lead times, inventory programs, and other commercial terms.
Monitor purchase price variances and resolve discrepancies with suppliers and internal teams.
Partner with suppliers and internal teams to qualify new parts and support sourcing transitions.
Address significant or systemic supplier performance issues involving quality, delivery, warranty, cost, or other concerns.
Work with suppliers to improve overall performance and support sourcing objectives.
Monitor commodity pricing, market trends, and domestic/international events that may affect supplier pricing or supply.
Participate in special projects and perform additional responsibilities as assigned.