Strategic Sourcing Manager
1 month ago
Project Management: Lead sourcing projects and initiatives by working closely with key stakeholders. Identify stakeholder expectations and ensure that the sourcing project objectives, scope, and deliverables meet stakeholder expectations and that projects are delivered on-time and on-budget.
Information Resource: Provide stakeholders with relevant and timely market trends and analyses such as commodity and currency trends.
Relationship Building: Build and own senior-level relationships within our supply partner hierarchy.
Benchmark Analysis: Drive external benchmark buildout and analysis including gap analysis and required actions to achieve functional competitive advantage.
Collaboration: Work closely with Commercial & bid team to ensure sourcing strategy allows for growth whilst covering the needs of the strategic team.
Total Cost of Acquisition: Implement programs to drive total cost of acquisition improvement activities to enhance margin and improve service levels.
Travel: Foreign travel will be required.
Key Responsibilities:
* Develop and implement strategic sourcing plans to meet business objectives
* Lead cross-functional teams to drive sourcing initiatives
* Analyze market trends and provide insights to stakeholders
* Build and maintain relationships with supply partners
* Drive benchmark analysis and gap analysis to achieve competitive advantage
* Collaborate with Commercial & bid team to ensure sourcing strategy aligns with business goals
* Implement programs to drive total cost of acquisition improvement
Requirements:
* 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
* Strong analytical skills to understand market dynamics and business requirements
* Ability to perform analysis and interpret data into actionable steps
* Strong business acumen - strong financial, strategic, operational, and leadership skills
* Ability to understand business models and key drivers quickly
* Ability to see the 'big picture' and use quantitative and qualitative data to create strategies that move Optimas forward
Preferred Skills:
* Proficient in Microsoft Excel
* Prior experience utilizing Business Intelligence tools is a plus
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