Role details

This position is now filled

Strategic Sourcing Manager

Bordentown   •   USD85,000 - USD110,000   •  Permanent

Bullet points

  • Premier custom manufacturer for OEM and industrial applications
  • Excellent Strategic Sourcing career opportunity

About Our Client

Our client is a premier custom manufacturer for OEM and Industrial Applications that is seeking a Strategic Sourcing Manager

Job Description

The Strategic Sourcing Manager will be responsible to lead, organize and manage all sourcing related efforst for the company. The Strategic Sourcing Manager will be responsible to develop and maintain an effective, world-class supplier bases needed to service sales orders and new business development. This position is highly visible and critical to the success of the organization. This individual will be able to improve sourcing activities by analyzing the company's spending, supplying partnerships and new possibilities. This position will have 1 direct report. Day to day responsibilities include:

  • Improve the value to price relationship to achieve cost reductions while maintaining or improving quality/service
  • Identify and analyze cost down opportunities through sourcing of alternate materials and suppliers
  • Develop, lead, and execute procurement and sourcing policies and activities, including overseeing specific contracts
  • Develops and maintains an awareness of changing commodity-related business trends in the marketplace and the possible impact to the Company.
  • Conduct market research, create estimates and forecasts, and identify cost reduction strategies.
  • Track and report key functional metrics with the goal of improving profit margin by reduce expenses and improve effectiveness
  • Forecast price and market trends
  • Assess, manage and mitigate risks
  • Develop and implement multi-year contracts with standardized terms and conditions across the organization
  • Focused on total cost of ownership incorporating customer needs, organizational goals, and market conditions
  • Develop and maintain collaborative relationships with key stakeholders to ensure alignment of business needs and sourcing strategy objectives
  • Supervise, set goals, coach and evaluate performance of purchasing agent.
  • Ensure effective vendor communication and strong relationships

The Successful Applicant

  • Bachelor's degree
  • 5-7 years of experience in a strategic sourcing role
  • Proficient in MS Office, especially Excel
  • Experience sourcing raw materials
  • Experience at small to mid-size organizations
  • Background in Customr Manufacturing environment
  • Experience working with RFPs
  • Experience in overseas material sourcing
  • Excellent communication and interpersonal skills

What's on Offer

  • $85,000 - $110,000
  • Medical, Dental, & Vision
  • 401K/Profit Sharing
  • Long-Term & Short-Term Disability
  • Paid Vacation and Company Holidays
  • Etc.