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Strategic Sourcing Manager

Strategic Sourcing Manager

CompanyAriensCo
LocationDenmark, WI, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree in supply chain, business, engineering, or relevant field of study required
  • Minimum 5 years of relevant work experience in sourcing, supply chain and/or buying/procurement

Responsibilities

  • Develop and implement category strategies for top spend categories
  • Perform SWOT analysis and review market trends to identify opportunities for cost reduction, innovation, and supplier consolidation
  • Identify and capitalize on cost reduction opportunities for assigned commodities, including logistical costs, and leverage aggregate purchase volumes across all facilities for maximum cost efficiency
  • Strengthen supplier partnerships and enhance collaboration
  • Monitor and communicate supplier performance, utilizing quarterly business reviews and other channels
  • Negotiate warranty-related cost recovery from suppliers
  • Optimize inventory management by addressing commercial aspects of inventory management and stocking strategies
  • Align sourcing strategies with New Product Development (NPD) timelines by developing sourcing timelines and collaborating with cross-functional teams
  • Monitor and forecast commodity price trends and impacts on expenditure
  • Draft and review contracts, track milestones, and ensure efficient contract execution
  • Spearhead the exploration and cultivation of potential new sources, overseeing the quoting process from initial orders to seamless handoff to materials leaders and planning teams
  • Conduct make versus buy evaluations
  • Introduce innovative technologies and solutions from both existing and new suppliers to relevant product development teams

Preferred Qualifications

  • Experience in contract negotiation preferred
  • Demonstrable experience in cost reduction activities preferred
  • CPM certified preferred