STRATEGIC SOURCING MANAGER

JOB FUNCTION: Supply Chain, Operations & Logistics
JOB TYPE: Direct Hire
LOCATION: Wilmington, MA

COMPENSATION:
MINIMUM EDUCATION: Bachelor's Degree
POSTED: Jul 21, 2021

The Strategic Sourcing Manager job is a new position and an opportunity to play a large role in transforming the Procurement function within the company as part of a larger Supply Chain transformation initiative. This position will report directly to the Head of Procurement and will be responsible for managing procurement professionals as the team continues to grow.

Salary/Hourly Rate:

Dependent on experience

Position Overview:

The Strategic Sourcing Manager is responsible for strategic sourcing and procurement activities for products sold to our Customers and used by our company’s plant processing facilities. This role requires the use of initiative and independent judgement, while working effectively with multiple stakeholders across several corporate functions and field service locations.

Responsibilities of the Strategic Sourcing Manager:

  • Perform spend analytics
  • Conduct product/industry research and maintain in depth knowledge of relevant commodities markets (e.g. pulp and paper, resins, etc.)
  • Evaluate company buying power relative to our Supplier’s power
  • Assess the needs of our customers and stakeholders
  • Develop RFIs to qualify vendors, and develop RFPs that aid in price discovery and vendor selection
  • Negotiate all terms and conditions of supply
  • Use price escalator/de-escalator clauses where appropriate to maintain company market price competitiveness
  • Draft and implement national account supply agreements with input from Legal and stakeholders
  • Facilitate implementation of new agreements and onboarding of new suppliers
  • Provide ongoing Supplier Relationship Management in conjunction with the relevant Stakeholders
  • Ensure field and vendor compliance to assigned category agreements
  • Solicit and qualify potential new vendors for assigned categories
  • Direct customer satisfaction survey deployments to all locations
  • Negotiate terms for pricing agreements
  • Responsible for the completion of all RFP analyses and associated recommendations
  • Establish and monitor relevant Key Performance Indicator (KPI) metrics for supplier reporting
  • Perform on-site quarterly business reviews with vendors to review performance and industry changes
  • Monitor raw material price indexes routinely to identify market trends that could impact company pricing with supplier base
  • Promptly respond to field location product inquiries
  • Process vendor invoices as needed
  • Provide product allocations to the field
  • Attend industry trade shows to accumulate greater supply market intelligence
  • Travel to all locations to evaluate the application of supplier products in-service
  • Routinely validate and update corporate intranet site for assigned categories information
  • Conduct spend analytics using ERP systems and vendor usage reports
  • Collaborate with Legal team to draft and execute agreements
  • Act as direct manager for procurement professionals
  • Cost savings, cost avoidance and performance improvements
  • Current sourcing initiative schedules
  • Opportunities for increasing supplier diversity, rationalizing suppliers and SKUs
  • Monthly Purchase Price Variance reporting
  • Vendor usage and trend analysis

Qualifications for the Strategic Sourcing Manager:

  • Minimum 5 years of Strategic Sourcing and/or Buying experience
  • Apparel, consumer products, or industrial supply experience is a plus
  • Proficiency in Microsoft Office, with the capability to use Excel to analyze large data sets
  • Experience with an ERP system and eProcurement suite such as Oracle or SAP
  • Excellent communication and presentation skills
  • Negotiating skills
  • Demonstrated ability to accomplish KPI goals and facilitate continuous improvement
  • Strong time-management, and problem-solving skills
  • Ability to travel as required

Education Requirements:

  • Bachelor’s degree is required
  • CPM or CPSM is preferred

Benefits:

  • Atrium Care package available, upon eligibility
POSITION ID: 98838

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