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Strategic Sourcing Manager
2 months ago
We are seeking a highly skilled Senior Buyer to join our team at Optimas Solutions. The successful candidate will be responsible for leading sourcing projects and initiatives, developing global sourcing and supplier strategies, and identifying opportunities to drive cost savings.
Key Responsibilities- Project Management: Lead sourcing projects and initiatives, working closely with key stakeholders to ensure timely and budget-friendly delivery.
- Communication Skills: Develop and maintain strong relationships with internal and external stakeholders, presenting to senior management and influencing strategic decisions.
- Negotiations: Negotiate complex global contracts, leveraging strong analytical and problem-solving skills to drive value.
- Information Resource: Provide stakeholders with timely market trends and analyses, including commodity and currency trends.
- Technical Skills: Understand manufacturing practices and product specifications, working closely with the manufacturing team to optimize the Make vs. Buy strategy.
- Analytical Skills: Identify opportunities to support and deliver team goals and objectives.
- Support and Step in: Provide support and cover for the Senior Strategic Sourcing Manager as needed.
- Relationship Building: Build and maintain senior-level relationships within our supply partner hierarchy, driving value and securing the best deals for Optimas.
- Strategy Development: Create and implement major material price movement strategy methodologies, including hedging, forward buying, and cost protection.
- Benchmarking: Drive external benchmark buildout and analysis, identifying gaps and required actions to achieve functional competitive advantage.
- Supplier Rationalization: Implement strategies to rationalize the supplier base and maximize the value of spend.
- Commercial Alignment: Work closely with the Commercial & Bid team to ensure sourcing strategy aligns with growth objectives and strategic team needs.
- TCA Improvement: Implement programs to drive total cost of acquisition improvement, enhancing margin and improving service levels.
- Bachelor's degree from an accredited college or university or proven experience in a strategic sourcing role.
- Recent in-depth knowledge of the fastener industry.
- Sense of urgency and comfort working in a fast-paced environment with multiple simultaneous projects.
- Solid analytical skills to understand market dynamics and business requirements.
- Strong communication skills, both verbal and written, to convey ideas and processes.
- Drive, determination, and self-discipline to achieve results.
- Ability to perform analysis and interpret data into actionable steps.
- Ability to build strong relationships, both internally and externally.
- Focused on results, with a willingness to do what it takes to get the job done right.
- Strong work ethic, self-starter with a proactive approach and self-initiative.
- Demonstrated flexibility and open-mindedness around change, with a positive, can-do attitude.
- Strong business acumen, with financial, strategic, operational, and leadership skills.
- Ability to see the big picture and use quantitative and qualitative data to create strategies that move Optimas forward.
- Proficient in Microsoft Excel and prior experience with Business Intelligence tools is a plus.
At Optimas Solutions, we offer a dynamic and challenging work environment, with opportunities for growth and development. If you are a motivated and results-driven individual with a passion for strategic sourcing, we encourage you to apply for this exciting opportunity.
