Strategic Sourcing Manager
10 hours ago
Principal Duties and Responsibilities:
- Manage strategic sourcing in the assigned region in terms of raw material, products, services, warehouses, and freight
- Achieve cost savings and improve quality and service levels by launching periodic RFI/RFPs and identifying opportunity areas such as product standardization and supplier consolidation
- Execute strategic sourcing projects for assigned categories by implementing sourcing strategies, leading negotiations, selecting suppliers, and overseeing project execution.
- Proactively identify improvement opportunities and recommend key actions to the appropriate stakeholders
- Ensure that Drew Marine has good supply market understanding and work with the business / function teams to provide input for creating innovative win-win customer and supplier strategies
- Effectively work with functional and business groups as a trusted advisor to ensure continuity of operations, determine desired product/service specifications and projected demand when making recommended action plans
- Develop and Execute Supplier Relationship Management (SRM) processes including supplier classification, governance, performance management and supplier development
- Exhibit solid business and financial acumen, ability to review and attest payments and summarize cost data
- Demonstrate solid understanding of development/ interpretation of technical specifications and their application in an operations environment
- Combine all spend information into yearly plans and long-term forecasts for costs, savings targets, and planned projects
- Provide subject matter expertise and drive use of Procurement best-in-class practices, sourcing methodologies, and standardization of Procurement processes while minimizing supply risk
- Lead commodity and sourcing strategy, development, and execution
- Other duties and tasks as assigned
Required / Desired Knowledge, Experiences and Skills:
- 5-7 Years of Procurement experience within a regulated environment focused on cost improvements
- Contract Negotiation, Project Management, Category Management, and Business Analysis experience
- Experience in change management and continuous improvement
- Demonstrated ability to conceive and lead transformation initiatives
- Project management and business transformation execution leadership experience
- Excellent strategic thinking, influencing, analytical and communication capabilities
- Understanding of manufacturing processes from a chemical standpoint
- Preferred experience in direct materials, tolling and MRO negotiations
- ERP experience (JDE experience a plus)
- Excellent analysis and Microsoft Office skills (Word, PowerPoint, Excel)
- International sourcing experience preferred
- Ability to multi-task; detail oriented
Education/Certifications:
- Bachelor's degree or equivalent required; MBA preferred
Physical Working Environment:
The position works in a climate control office environment and requires the ability to sit for extended periods of time. Position requires travel approximately 10-15% of the time.
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