Strategic Sourcing Manager
Job Description
The Procurement Strategic Sourcing Manager has responsibility for support of the thermal businesses and products and will secure long-term total quality, delivery, cost efficiency and sustainability of direct material supply throughout the total product lifecycle.
Essential Duties:
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Responsible for all supplier commercial relationships within the assigned business areas, securing targeted levels of cost, quality, delivery, sustainability, and supply continuity.
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Develop and implement assigned Supplier strategies that meet internal and external customer demands.
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Support new product development activities across the business unit by setting supplier strategies, managing costs to meet product margin goals, and helping to launch product to mass production.
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Complete and manage the lifecycle of supplier contracts including corporate agreements, annual pricing negotiations and awards, payment terms, and inventory.
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Develop and align Supplier technical roadmaps in partnership with Sales and Engineering.
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In working with sites, is responsible for supplier performance and rating based on Key Performance Indicators (KPI) for Quality, Delivery, and Cost.
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Drive Supplier and spend consolidation across multiple sites within the NA region in alignment with corporate goals and direction.
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Find, assess, and develop new Suppliers as needed in accordance with corporate direction and in alignment with Sales and Engineering.
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In working with sites, assess and complete Purchase Price Variance (PPV) activities including budgeting, forecasting, and reducing PPV impact to the business.
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Support sites on a when-needed basis to ensure critical customer service levels are maintained through supplier escalation, alternate sourcing, secondary sourcing.
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Ability to travel internationally to support development and launch activities.
Qualifications (Education and Experience):
Required
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Bachelor’s Degree in Supply Chain Management, Business Administration, or relevant field
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Minimum 5 years of business or procurement experience
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Experience negotiating with suppliers in a low volume manufacturing business.
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Background in electronic (printed circuit board assembly, wire/cable assemblies, controls, semiconductors) and thermal (pumps, fans, compressors) components.
Desired
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Experience with metal fabrication technologies is a plus.
- Master’s Degree in business
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Leadership and change management experience
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Previous experience in a high mix / low volume manufacturing environment
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Experience in international supply chain management, incoterms, and landed costs
- Second language ideal
Skills and Capabilities (Knowledge, Skills, Abilities ) :
Required
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Extensive knowledge of the procurement environment to be able to analyze business issues, recommend solutions and strategies and implement change
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Strong knowledge of the strategic sourcing methodology and its application (e.g. fact based negotiations and cross functional team collaboration)
- Strong knowledge of assigned categories
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Demonstrated ability to effectively manage strategic supplier relationships, including relationship building, performance improvement, development, and integration
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Demonstrated understanding the importance of customer service and internal stakeholder management
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Results-oriented and demonstrated ability to effectively manage multiple priorities simultaneously and meet critical deadlines in a fast-paced environment.
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Strong negotiation skills, including an understanding of legal terms and conditions
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Strong analytical skills, including a demonstrated ability to synthesize, interpret, and communicate market and competitive data
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Strong organizational and problem-solving skills
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Excellent verbal and written communication skills
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Excellent interpersonal skills and the ability to work with multiple organizations and develop high-quality working internal and external relationship