DescriptionROLE DETAILS
Position Title:
Strategic Sourcing Manager
Department:
Purchasing
Reports to:
Sr Strategic sourcing Manager
Hourly/Salary:
Salary Employee
PURPOSE OF ROLE
They will exemplify the Royals leadership expectations of depth of job knowledge, ability to grow healthy relationships, proven ability to develop team members, and a drive for fiscal responsibility. They will have the characteristics of decisiveness, sense of urgency, good judgment, and teachable spirit.
Identifies foreign and domestic suppliers and stays abreast of supply and demand fluctuations. Procures material strategically based on price, quality, availability, and reliability as negotiated by the Strategic Sourcing Manager. Follows prescribed sourcing regulations and procedures. Investigates and resolves disputes on purchase orders and requisitions.
TASKS AND RESPONSIBILITIES
- Develop a Category/Supplier Strategies for defined product material groups.
- Review market trends and analysis to ensure best total cost offering for the Customer objectives.
- Negotiate long term Supplier Agreements and Consignment/Stocking Programs to support key Royal and Customer requirements.
- Manages supplier negotiations and reduces total cost to improve margins and support revenue growth per annual cost improvement (CIP) targets.
- Support the activities of the Customer Business Units with New Product Development, Supplier Selection, and project launch deliverables. Assist Engineering with the development of product specifications and substitute materials.
- Provide timely supplier quotations for potential future business opportunities.
- Review performance metrics for comparison and evaluation of supplier performance factors to implement needed action plans for business continuity. Support Supplier Quality on critical problem resolution.
- Organize Supplier Business Reviews with key Royal stakeholders.
- Manage critical engineering change requests (MIS) and material obsolescence.
- Participate in company-wide A3, Project Management Teams, and other Continuous Improvement efforts.
- Ensure compliance to Company regulatory processes, and procedures.
- Demonstrate Royal's Core Values in all interpersonal interaction
SKILLS AND REQUIREMENTS
- Bachelor or Master's in Purchasing, Business, or Supply Chain.
- 5+ years of relevant experience in Manufacturing with Strategic Sourcing, Purchasing, or Commodity Management.
- Organize internal Category reviews to assure alignment across the Company.
- Very analytical/accurate with data collection and reporting.
- Service oriented, goal driven, ability to manage multiple tasks.
- Excellent communication and negotiation skills.
- Strong Customer focus with the ability to effectively communicate at all levels of the business.
- Creative problem solving and time management skills.
