Sourcing Manager

Old World Industries

$90K — $120K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in global sourcing with leadership experience
  • Bachelor's degree required
  • Strong communication and presentation skills
  • Strategic thinker with solution-oriented mindset

Responsibilities

  • Develop and implement sourcing strategies
  • Manage supplier relations including contracts and product issues
  • Coordinate logistics for sourced products to enhance efficiency
  • Negotiate pricing and terms with suppliers
  • Enforce agreements to meet quality and pricing targets
  • Maximize profit through diverse sourcing options
  • Engage with Sales to provide product and supplier solutions

Benefits

  • Medical, dental, and vision coverage with wellness benefits
  • Company-matching 401(k) plan
  • Company-paid life and accidental death insurance
  • Identity theft protection at no cost
  • Company-paid disability coverage
  • Flexible spending and health savings accounts
  • Paid time off and holidays
  • Access to an employee assistance program and additional voluntary benefits
Full Job Description
Position Purpose:

The Sourcing Manager is responsible for leading the development and implementation of end-to-end responsible strategies to deliver a competitive advantage related to product sourcing with a focus on driving profit enhancement and enabling differentiated product development. This role will establish reliable supply chains, negotiate terms and conditions for cost efficiencies, ensure delivery of quality product, and drive product development opportunities. This role will also ensure sourcing processes and procedures are fully integrated to support internal business needs and company objectives. Position will collaborate with stakeholders to ensure that our sourcing knowledge, relationships, and investments are effectively and efficiently leveraged.

Duties, Tasks, and Responsibilities:
  • Responsible for developing and implementing the sourcing strategy
  • Responsible for supplier relations of suppliers, including coordination of contracts, terms, customer service & product issues.
  • Responsible for the logistics of the sourced products, which includes transportation alternatives to maximize efficiency and effectiveness to support business operations. Develops and manages relationship(s) with international freight forwarder(s).
  • Gather and maintain product data and pricing, then negotiate pricing, payment terms and lead times with suppliers.
  • Enforce agreements with suppliers to ensure quality requirements, target pricing, and estimated lead times are met.
  • Leverage sourcing options, as appropriate, to maximize profit, including brokers, trading companies, suppliers, both industry & non-industry, overseas sourcing and other sources deemed viable.
  • Supervise overseas negotiations and make sure that all appropriate documents are prepared for importing and seamless delivery.
  • Actively engage with the Sales department to provide product and supplier solutions, along with developing & managing the large quote process to identify the best product, pricing, delivery, and supplier options.
  • Develop product compliance protocols and find overseas partners to execute. Ensures safety and compliance protocols are followed. Keep company updated on current and new laws and regulations impacting overseas and importing business practices.


Education, Skills and Abilities:
  • Minimum of 7 years in a global sourcing position with leadership experience
  • Bachelor's degree required
  • Efficient and effective communication and presentation abilities, with ability to tailor approach to best reach intended audience
  • Solutions-oriented strategic thinker who can easily identify high-priority, high-impact activities


This opportunity offers a competitive benefits package including:
  • Medical, dental, and vision coverage with wellness benefits
  • Company-matching 401(k) plan
  • Company-paid life insurance and accidental death & dismemberment benefits
  • Company-paid identity theft insurance
  • Company-paid disability
  • Flexible spending and health savings accounts
  • Company-paid employee assistance program
  • Paid time off and paid holidays
  • Additional benefits included: voluntary life insurance, legal benefits, critical illness, accident insurance, hospital indemnity insurance, and pet insurance


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