Strategic Sourcing Manager

Charles Industries, An Amphenol Company; Schaumburg (IL); On-site; USD 80,000 - 110,000; Full time

Job summary

A leading company is seeking a Strategic Sourcing Manager to oversee the end-to-end sourcing process. The role involves negotiating contracts, managing supplier relationships, and collaborating with various teams to ensure product availability and cost efficiency.

Qualifications

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

Responsibilities

• Manage strategic sourcing goals and implement action items.
• Negotiate cost and develop sustainable supplier relationships.
• Track and report operational KPIs such as cost savings.

Skills

Communication

Negotiation

Organizational Skills

Analytical Skills

Problem Solving

Project Management

Education

Bachelor's degree in Business

Bachelor's degree in Production Management

Bachelor's degree in Materials Management

Tools

Microsoft Office

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 manages all phases of sourcing, including identifying cost savings opportunities, creating competitive environments, negotiating creatively, and generating contracts to ensure seamless product availability supporting company objectives.

Duties/Responsibilities:

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

2. Negotiate for the best possible cost, service guarantee, and develop "win-win" strategies to establish sustainable supplier relationships.

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

4. Establish supplier agreements and contracts.

5. Research and anticipate shifts in suppliers' negotiating power.

6. Maintain and develop supplier relationships.

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

8. Develop and implement sourcing and supplier selection strategies domestically and internationally.

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

10. Collaborate with Engineering, Product Management, Plant Operations, Quality, and Planning teams.

11. 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 and budget management skills.

Education and Experience:

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

• 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.

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

• Proficiency in Microsoft Office (Word, Excel, PowerPoint).

Physical Requirements:

The physical demands are representative of those employees must perform. Reasonable accommodations may be made for individuals with disabilities. Employees must regularly lift/move up to 15 pounds.

Work Environment:

The work environment is typically an office setting.