Job Type
Full-time
Description
We are currently seeking a
Strategic Sourcing Manager with strong and demonstrated experience in
manufacturing and warehouse environments. This position is located onsite at the facilities in Mankato, MN.
The
Strategic Sourcing Manager will be responsible for managing assigned spend categories which include developing enterprise-wide procurement strategies and contributing to the financial performance of Hiniker LLC. This person will perform and prepare cost-benefit and forecasting supply analysis reports for management team review; and negotiates and executes favorable contracts with selected vendors or suppliers.
Requirements
Strategic Sourcing Manager Responsibilities:- Execute strategic sourcing process based on spend category analysis of total cost of ownership, service and quality factors, to meet business partner service levels and end customer expectations.
- Conduct Spend category market research and cost estimates to prepare for negotiation, budgeting and planning.
- With internal stakeholders, partner on best end-to-end supply chain solutions with total cost; business partner service level requirements; and end customer expectations consideration.
- Determine proper sourcing strategy for a material/commodity/service (contract, spot buy, strategic source, e-sourcing, etc.) and the associated benefits of the chosen strategy.
- Identify, evaluate, and verify the capabilities of suppliers in a specific spend category and how those capabilities relate to customer requirements.
- Develop, practice, and conduct supplier negotiations and prepare supporting data for the negotiation.
- Develop, document, and implement plan working with new supplier and key internal business partners to implement material/commodity/service changes with no interruptions to end users nor customers.
- Ongoing evaluation of procurement improvement evaluation and total cost savings recommendations.
- Enter and release purchase orders and reschedule existing orders for stocked materials based on action messages or supplier schedules as prescribed by the material planning process.
- Keep up with developments in the industry involving vendors and suppliers.
Strategic Sourcing Manager Skills and Abilities- Excellent analytical, decision-making, and problem-solving skills.
- Strong oral and written communication skills
- Excellent Microsoft EXCEL skills.
- Demonstrated knowledge of business management, supply chain, and strategic sourcing.
- Commodity Spend management and sourcing, preferred.
- Excellent contract and negotiation skills
Strategic Sourcing Manager Education- Bachelor's degree in related field required. Emphasis with Operations Management, Supply Chain Management is preferred.
- Minimum of 3 years procurement or materials management experience, required.
- Minimum of 1 year management experience, preferred.
