Lincoln Electric Holdings Inc

Sourcing Director

Lincoln Electric Holdings Inc$141K — $205K *
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain, Engineering, Business, or related discipline (MBA or Master's preferred).
  • 8+ years of progressive experience in strategic sourcing or category management within industrial or engineered products environments.
  • 5+ years of people leadership experience.
  • Proven ability to lead cross-functional, data-driven decisions impacting manufacturing strategy and supply risk.

Responsibilities

  • Own and execute global category strategies for welding components and electronics.
  • Develop multi-year sourcing roadmaps aligned with product and manufacturing strategies.
  • Lead supplier selection and negotiation for long-term agreements, optimizing total cost of ownership.
  • Drive should-cost modeling to influence design decisions and reduce costs.
  • Assess make-vs-buy options and execute sourcing strategies based on various factors like cost and quality.
  • Reduce single-sourced parts and establish multi-sourcing strategies for high-risk components.
  • Lead high-impact sourcing initiatives and ensure effective governance with measurable outcomes.

Benefits

  • Salary full-time position with a target bonus of 20%.
  • Participation in an annual incentive plan (AIP).
  • Leadership development opportunities for a global team.
  • Potential for personal and professional growth in a critical leadership role.
Full Job Description


Location: Euclid - 22801
Employment Status: Salary Full-Time
Function: Supply Management/Purchasing
Pay Grade and Range: ASC060-M3 $141,872.00 - $205,000.00
Bonus Plan: AIP
Target Bonus: 20,0

Role Summary

The Director, Strategic Sourcing is responsible for leading global sourcing strategy and execution for welding components and electronics. The role manages approximately $300M in annual spend and leads a global organization of ~15 sourcing professionals across multiple regions.

This position plays a critical leadership role within Direct Sourcing by translating external market dynamics, supplier capacity signals, and cost drivers into actionable sourcing strategies that improve cost, supply continuity, and scalability. A key element of the role is to systematically reduce supply risk, including the elimination of single- and sole-sourced parts, and to evaluate make-vs-buy and outsourcing opportunities for components and PCBA assemblies currently manufactured internally.

Key Responsibilities

1) Global Category Strategy & Commercial Leadership
  • Own and execute global category strategies for welding components (machined parts, castings, fabricated assemblies, torch/feeder components) and electronics (PCBA/EMS, power electronics, controls, sensors, harnesses, connectors, displays).
  • Develop multi-year sourcing roadmaps aligned with product, engineering, and manufacturing strategies, addressing cost productivity, capacity scalability, localization, and risk reduction.
  • Lead supplier selection, competitive sourcing events, negotiation strategies, and long-term agreements (LTAs), ensuring total cost of ownership (TCO) optimization.
  • Drive should-cost modeling and VA/VE in partnership with Engineering to influence design decisions and reduce material and conversion costs.

2) Make-vs-Buy, Outsourcing & Footprint Optimization
  • Lead structured make-vs-buy and outsourcing evaluations for components and PCBA assemblies currently manufactured internally, in close partnership with Operations, Engineering, Finance, and Quality.
  • Assess internal vs. external manufacturing options based on total cost, capacity, scalability, capital requirements, quality, lead time, and risk.
  • Develop and execute sourcing strategies to responsibly transition work externally where justified, ensuring supplier readiness, quality validation, and continuity of supply.
  • Support longer-term manufacturing footprint and capacity decisions through fact-based sourcing and market intelligence inputs.


Key Responsibilities (Continued)

3) Supplier Portfolio, Risk & Single-Source Reduction
  • Own the reduction of single- and sole-sourced parts, with clear targets and phased execution plans across welding components and electronics.
  • Segment the global supply base and establish dual- or multi-sourcing strategies for high-risk or high-impact components.
  • Lead supplier commercial and performance governance, including pricing structures, indexation, cost transparency, and productivity commitments.
  • Partner with Quality and Operations to improve supplier performance across delivery, lead time stability, PPM, corrective action responsiveness, and NPI readiness.
  • Ensure contingency plans are in place for constrained suppliers, geographies, or technologies, particularly within electronics and capacity-limited processes.

5) Enterprise Sourcing Programs & Special Projects
  • Lead high-impact, cross-functional sourcing initiatives, including:
    • Accelerated cost-out and productivity programs
    • Supplier consolidation and footprint optimization
    • Tariff and trade mitigation efforts
    • Disruption recovery and constrained-supply response
  • Drive disciplined program governance with measurable outcomes, executive visibility, and sustained results.


Key Responsibilities (Continued)

6) Leadership, Talent & Global Capability Development
  • Lead, coach, and develop a global team of ~15 sourcing professionals, building both technical depth and leadership capability across regions.
  • Establish clear role expectations, development plans, and succession paths to ensure long-term organizational capability.
  • Actively assess and close skill gaps in areas such as:
      • Electronics and EMS sourcing
      • Should-cost and cost modeling
      • Negotiation and commercial strategy
      • Program and change leadership
  • Foster a consistent global operating model, including category reviews, savings governance, supplier QBRs, and escalation forums.
  • Build a high-performance, collaborative culture that values accountability, data-driven decision-making, and cross-regional teamwork.


Scope & Impact

  • Annual spend responsibility: Approximately $300M
  • Global team: ~15 sourcing professionals
  • Significant influence on product cost, supply continuity, manufacturing scalability, and enterprise risk exposure
  • Acts as a key leadership extension of the Sr. Director of Direct Sourcing


Key Performance Indicators (KPIs)

  • Cost productivity and validated savings
  • Reduction in single- and sole-sourced parts (count and spend)
  • Contract coverage and sourcing compliance
  • Supplier performance (OTIF, lead time stability, quality metrics)
  • Effectiveness and timeliness of market intelligence insights
  • Progress and outcomes of make-vs-buy and outsourcing initiatives
  • Talent development, capability growth, and succession readiness


Required Qualifications

  • Bachelor's degree in Supply Chain, Engineering, Business, or related discipline (MBA or Master's preferred).
  • 8+ years of progressive experience in strategic sourcing or category management within industrial or engineered products environments.
  • 5+ years of people leadership experience.
  • Proven ability to lead cross-functional, data-driven decisions impacting manufacturing strategy and supply risk.


Preferred Qualifications

  • Experience with PCBA/EMS, power electronics, controls, and industrial electronics supply chains.
  • Professional certifications (CPSM, CSCP, CIPS, Six Sigma).
  • Experience leading sourcing strategy during periods of volatility or structural change.
  • Experience sourcing both mechanical/welding components and electronics in global supply markets.

About Lincoln Electric Holdings Inc

Lincoln Electric is a global manufacturer and the market leader of the highest quality welding, cutting and joining products. The company has a strong focus on research and development, and has been responsible for many of the innovations that have revolutionized the welding industry. Lincoln Electric has a strong commitment to sustainability and has been recognized for its efforts in this area. The company has a presence in over 160 countries and has a reputation for providing excellent customer service.
Learn more about Lincoln Electric Holdings Inc
Size
11,000 employees
Market Cap
$8.3 billion
Industry
Net Income
$206.1 million
Founded
1895
5 Year Trend
+7.3%
Revenue
$2.6 billion
NASDAQ

Similar Jobs

More Jobs at Lincoln Electric Holdings Inc

More Manufacturing & Automotive Jobs

  • Controller
    $120K — $130K *
    Belleville Boot Company
    Belleville, IL 62220 (Saint Clair County)
  • Director of Engineering
    $150K — $250K *
    Buyers Products
    Mentor, OH 44060 (Lake County)
  • Plant Manager
    Top Industrial Manufacturing Company
    Chicago, IL 60601 (Cook County)
  • Vice President – Vitamin Team
    Feldkamp Marketing
    Cincinnati, OH 45202 (Hamilton County)
  • Process Engineer V
    $100K — $130K *
    Hargrove Engineers and Constructors
    Atlanta, GA 30349 (Fulton County)

Find similar Sourcing Director jobs: