Supply Chain- Strategic Sourcing Manager

Arrowhead Engineered Products, Inc.; Portland (TN); Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Strategic Sourcing Manager to optimize sourcing strategies and manage significant spend across multiple business segments. This role involves developing strong supplier relationships, performing complex financial analyses, and implementing cost-saving initiatives while ensuring compliance with regulations. The ideal candidate will possess excellent negotiation skills and a strong analytical mindset, ready to navigate a complex business environment. Join this dynamic team and lead impactful projects that drive innovation and efficiency in the supply chain.

Qualifications

• 7+ years of supply chain experience in a similar industry preferred.
• Bachelor’s degree from a 4-year college or university.

Responsibilities

• Develop and implement strategic sourcing strategies aligned with business objectives.
• Cultivate relationships with key suppliers and evaluate performance.

Skills

Strategic Thinking

Negotiation Skills

Analytical Skills

Communication Skills

Project Management

Supplier Relationship Management

Education

Bachelor's Degree

BS in Supply Chain Management

Tools

Microsoft Excel

Power BI

NetSuite

SAP

Job description

Supply Chain- Strategic Sourcing Manager

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Summary

Strategic Sourcing Manager Job Description

Summary

Strategic Sourcing Manager Job Description

The Strategic Sourcing Manager will be responsible for developing and executing sourcing strategies and projects to optimize value, balance cost of acquisition and cost of possession, and maximize working capital. Expected to manage workload and spend of over tens of millions of dollars across all Arrowhead Engineered Product locations and 3 distinct business segments.

Duties

• Develop and implement strategic sourcing strategies aligned with the company's overall business objectives.
• Partner with product management, sales, operations, finance, and other internal stakeholders to develop strategic projects including new product development, product line extensions, and cost reduction.
• Perform complex financial and cost analysis for projects and financial justifications and contribute to the Total Cost of Ownership (TCO) reduction efforts and initiatives to achieve the benefits.
• Develop a project schedule and effectively implement and manage a multitude of projects in varying stagesand ensure accurateand timelyreporting of all projects and activities and their P&L relevance
• Cultivate and maintainstrong relationships with key suppliers. Evaluate and manage supplier performance to ensure quality, reliability, and consistency of supply.
• Continuously monitormarket trends, negotiate terms and pricing agreements, and identifycost-saving opportunities. Implement best practices to reduce procurement costs without compromising quality.
• Develop risk mitigation strategies to mitigate potential disruptions such as geopolitical, economic, or environmental factors.
• Oversee the negotiation and management of supplier contracts, including terms and conditions, service level agreements, and performance metrics.
• Identifyand report obstacles and challenges to leadership that constrain attainment of company objectives.Must be able to provide alternative solutions to overcome challenges.
• Utilize data-driven insights to make informed sourcing decisions. Implement analytics tools and KPIs to track and measure sourcing performance.
• Identifyopportunities for process optimization and efficiency enhancements within the sourcing function. Implement best practices and drive innovation.
• Generate and present supplier performance metrics to suppliers and manage associated corrective action and continuous improvement initiatives, such as VA-VE and lead time reduction programs.
• Ensure compliance with all relevant regulations and ethical standards. Drive sustainability initiatives, such as responsible sourcing and environmentally friendly practices.
  
  

Skills/Abilities

• Self-directed, motivated, strong senseof ownership and urgency with ability to lead and achieve goalsacross cross-functional teams
• Excellent communication, leadership, and interpersonal skills
• Abilityto successfully navigate in a complex business environment and adapt to changing market conditions.
• Must possessstrong analytical, strategic thinking, problem solving, and sound business judgment skills.
• Strong negotiation, contract management, and supplier relationship management skills.
• Proficiencyin ERP systems, analytic tools, and databases such as Microsoft (Access, PowerPoint, Project, Excel) Power BI, NetSuite, S2K & SAP.
  
  

Education And Qualifications

• Bachelor’s degree from a 4-year college or university.
• BS in Supply Chain Management, Distribution, or Engineering Preferred
• 7+ years of supply chain experience within a similar industry preferred.
  
  

Physical Demands

While performing the duties of this job, the employee is regularly required totalk and hear. The employee frequentlyis required tostand;walk;use hands; and reach with hands and arms. The employee may be requiredto sit for prolonged periods.



Working Conditions

• Heated and air-conditioned office, and/or home office.
• Fully Remote positions available for the right candidate
• Up to 50% travel.
  
  

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Purchasing and Supply Chain

• Industries

  Motor Vehicle Manufacturing

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