Manager - Sourcing
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About the Role
Responsible for leading sourcing initiatives, negotiating costs, managing supplier relationships, and implementing strategies to optimize supply chain efficiency.
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Overview
As a Sourcing Manager, you will be responsible for researching, analyzing, and evaluating the best and least expensive sources (vendors, manufacturers and suppliers of goods and services.
You will negotiate lowest Total Cost of Ownership (TCO) product costs and/or services with approved suppliers.
You will work cross functionally to lead sourcing initiatives./p>
Responsibilities
- Lead sourcing events from planning through vendor engagement, evaluation and selection
- Ensure cost competitiveness and high service levels within assigned categories, capitalizing on synergies and drawing on internal and external resources to align priorities and interests.
- Implement efficient strategies and processes to facilitate transactional and strategic buying activities to ensure adequate supplies and services are available at the lowest total cost of ownership.
- Take lead and own cost savings initiatives
- Support internal customers by identifying and maintaining relationships with major suppliers and industry analysts gathering insight to better understand suppliers key differentiations, technology roadmaps and business models with the goal of identifying opportunities to improve the overall quality and best pricing of products and services,
- Build relationships with business leaders as well as other business units and functions
- Manages and leads functional teams involved in sourcing initiatives ensuring adequate visibility to all stakeholders
- Formulate and track key metrics associated with assigned categories: cost savings and avoidance, quality, reliability and working capital efficiency.
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