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Strategic Sourcing Manager

Fairfield Township, OH 45011

Posted: 08/31/2023 Employment Type: Direct Hire Industry: Supply Chain Job Number: 11114 Pay Rate: 85,000

Job Description

Strategic Sourcing Manager
Unlock your potential as a Strategic Sourcing Manager with us! Join our dynamic team and seize the opportunity for personal and professional growth. If you're ready to negotiate your way to success in a thriving, family-owned company with a bright future, apply now!
Why you should work here:
  • New, growth base opportunity
  • Bonus eligible
  • Strong benefits
  • Strong internal tenure
  • Family owned company
  • Foresee business growth of 8%-10% per year for at least the next 5 year
Responsibilities include:
•    Negotiate best price and terms using data-driven analyses of commodities, freight, exchange rates, and other factors.
•    Understand cost trends by category, region, and supplier to determine targeted areas of improvement.
•    Stay current on commodity trends to determine the impact to product costs.
•    Identify best suppliers for new product initiatives and customer product line reviews, working collaboratively with product and engineering teams.
•    Maintain database of supplier contracts, NDAs, and other agreements, reporting on status and expirations.
•    Maintain a current knowledge of company products and quality specifications.
•    Address and resolve quality and pricing issues in a timely fashion to maintain continuity of supply.
•    Research and locate sources for new and existing products to meet company objectives for launches, drive productivity or ensure continuity of supply.
•    Negotiate with suppliers to secure best quality, cost, delivery, and payment terms.
•    Continually seek improved sources for materials, supplies, and services
•    Identify supply risks and implement solutions to mitigate disruptions to supply.
•    Maintain reports on all procurement activity, spend and provide analysis to senior management
•    Assist in the development and implementation of procurement standards and provide guidance and assistance on all Procurement related policies and procedures
•    Oversee all activities related to procurement of a commodity or service, from intent to purchase through delivery and acceptance
•    Evaluate and deploy systems and processes to improve overall purchasing operations
What you need to succeed:
•    Bachelor’s degree in Business or Supply Chain Management and 5-7 Years of Sourcing or Procurement related experience.
•    Demonstrated understanding of financial systems and the key drivers within the manufacturing and sourcing environment.
•    Supply Chain experience within the steel sector preferred.
•    Knowledge of legal terminology and language related to supplier and/or vendor agreements and contracts
•    Experience with logistics planning, transportation, and forecasting.
•    Experience in a job shop/contract manufacturing environment preferred
•    Experience in ERP/MRP system(s) highly preferred. PLEX experience a plus
•    Experience in Microsoft Office with emphasis in Excel
•    CPM Certification a plus
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