Strategic Sourcing Manager

Charles Industries, LLC.; Schaumburg (IL); On-site; USD 97,000 - 144,000; Full time

Job summary

An established industry player is seeking a Strategic Sourcing Manager to oversee the end-to-end sourcing of essential products. This role involves identifying cost-saving opportunities, negotiating contracts, and maintaining supplier relationships to support operational objectives. The ideal candidate will have strong analytical and negotiation skills, along with a solid background in sourcing and supply chain management. Join a dynamic team where your contributions will directly impact the company's success and growth in a collaborative environment.

Qualifications

• 5+ years of purchasing/strategic sourcing experience.
• Thorough understanding of company products and logistics.

Responsibilities

• Manage strategic sourcing goals and ensure achievement.
• Negotiate cost service guarantees with suppliers.

Skills

Verbal Communication

Negotiation Skills

Organizational Skills

Analytical Skills

Project Management

Education

Bachelor's Degree in Business

Materials Management

Tools

Microsoft Office

Job description

Job Description

Job Description

Job Summary:

The Strategic Sourcing Manager is responsible for the company's end-to-end sourcing of products essential to our operations. This position is also responsible for all phases of sourcing that require the skills necessary to identify cost savings opportunities, create competitive environments, creatively negotiate, generate contracts to assure seamless availability of products to support the company objectives.

Duties/Responsibilities:

• Responsible for the strategic sourcing management goals of the assigned plant/product and implement action items to ensure that those goals are achieved.

• Responsible for negotiations for the best possible cost service guarantee and develop "win-win" strategies that achieve sustainable relationships with suppliers.

• Evaluate supplier core competencies and competitive positioning using industry cost models.

• Establish supplier agreements and contracts.

• Research and anticipate shifts in the negotiating power of suppliers.

• Maintain and develop supplier relationships.

• Develop a supplier management program with key suppliers including metrics, performance goals, and improvement initiatives.

• Develop and implement sourcing and supplier selection strategy domestically and internationally.

• Track and report out on operational KPIs such as cost savings, on time delivery, quality, and compliance.

• Collaboration with Engineering, Product Management, Plant Operations, Quality and Planning.

• Assist in other duties as required.

Required Skills/Abilities:

• Excellent verbal and written communication skills.

• Excellent interpersonal and negotiation skills.

• Excellent organizational skills and attention to detail.

• Thorough understanding of company products and logistics.

• Strong analytical and problem-solving skills.

• Solid project management and budget management skills required.

Education and Experience:

• Bachelor's degree in Business, Production Management, Materials Management or related areas.

• At least 5 years of purchasing/strategic sourcing experience and 3 years of operations/supply chain experience.

• An equivalent combination of education and experience will be considered in lieu of a degree.

• Knowledge of the legal terminology and language related to supplier and/or vendor agreements and contracts.

• Knowledge of Microsoft Office (Word, Excel, and PowerPoint).

Physical Requirements:

The physical demands described are representative of those that an employee must successfully perform. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

• Employees must regularly lift and/or move up to 15 pounds.

Work Environment:

The work environment characteristics described are representative of those an employee encounters while performing the essential job functions.

• Employees regularly work in an office environment.

The pay range for this position is $97,000 - $143,857. annually. The base pay offered may vary depending on the position offered, geographic location, education, training, and/or experience.