Strategic Sourcing Manager
Company | AriensCo |
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Location | Denmark, WI, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior |
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