Strategic Sourcing Leader: Multi-Million Contracts

Penske Truck Leasing Co., L.P.; Reading (Berks County); On-site; USD 90,000 - 140,000; Full time

Job summary

Penske Truck Leasing Co., L.P. is seeking a Sourcing Manager to develop and execute enterprise-wide sourcing strategies, establishing procurement processes and controls for compliant acquisition of goods and services.

You will lead multi-million-dollar supplier contracts, engage suppliers, and drive cost-saving initiatives across the organization. The role requires strong negotiation, cross-functional leadership, and the ability to elevate procurement practices through SRM, RFP/RFQ processes,

Qualifications

• Bachelor's degree required; Supply Chain, Business, Finance, or related field preferred
• 810 years of progressive experience in sourcing, commodities, and purchasing
• Demonstrated success negotiating and managing multi-million-dollar supplier contracts
• Strong strategic sourcing and category management experience
• Proven ability to lead cross-functional teams and influence stakeholders at all levels
• Advanced negotiation, cost modeling, and total cost of ownership (TCO) analysis skills
• Experience conducting RFP/RFQ processes and supplier evaluations
• Strong knowledge of contract development, financial administration, and risk mitigation
• Experience with supplier relationship management (SRM) and performance metrics
• Proficiency in ERP systems; strong knowledge of Parts Net purchasing system preferred
• Advanced analytical skills with strong proficiency in Excel and procurement reporting tools
• Excellent project management and organizational skills
• Strategic thinker with the ability to challenge assumptions, develop value propositions, and drive measurable cost savings
• Strong written and verbal communication skills, must be proficient in PowerPoint (or similar) presentations
• Any Six Sigma (or equivalent) training such as Green Belt, Black Belt or Master Black Belt certification - is a plus
• Willingness to travel as necessary, work the required schedule, work at the specific location required
• Successful candidate must complete Penske employment application, submit to a background investigation (past employment, education, and criminal history), and complete a drug screening.

Responsibilities

• Develop and execute focused sourcing strategies by identifying opportunities, assessing current processes, establishing benchmarks and metrics, and recommending process and cost improvements aligned with business objectives.
• Lead the design, implementation, and continuous improvement of sourcing and procurement processes, including developing project plans, forming cross-functional teams, allocating resources, and driving execution.
• Manage supplier selection and contract negotiations, including RFP/RFQ processes, evaluation, award, and implementation of multi-year, multi-million-dollar agreements
• Establish and manage supplier performance programs by setting goals, defining KPIs, monitoring results, and driving continuous improvement in cost, quality, service, and risk management.
• Oversee the end-to-end procurement process and develop cost savings and value-creation initiatives to support financial and operational goals.
• Evaluate and introduce procurement technologies, tools, and best practices to improve efficiency, visibility, and scalability across the sourcing function.
• Partner with internal stakeholders to ensure sourcing strategies support business needs while maintaining compliance with company policies and controls.
• Perform other duties and projects as assigned.

Skills

Strategic sourcing

Contract negotiation

Supplier relationship management

Cross-functional leadership

Cost modeling

Total cost of ownership

RFP/RFQ processes

Excel

ERP systems

PowerPoint presentations

Six Sigma

Travel willingness

Education

Bachelor's degree in Supply Chain/Business/Finance

Tools

ERP systems

Parts Net purchasing system

Job description

Penske Truck Leasing Co., L.P. is seeking a Sourcing Manager to develop and execute enterprise-wide sourcing strategies, establishing procurement processes and controls for compliant acquisition of goods and services.

You will lead multi-million-dollar supplier contracts, engage suppliers, and drive cost-saving initiatives across the organization. The role requires strong negotiation, cross-functional leadership, and the ability to elevate procurement practices through SRM, RFP/RFQ processes,