Strategic Sourcing Manager

Overview

Employment Type: 6 Months Contract on W2 (Temp to Hire)

Summary: You will be responsible for developing sourcing strategies, managing supplier relationships, driving cost-reduction initiatives, and supporting business growth through strong supplier partnerships.

• Understand total spend, pricing structure, commercial terms and trends.
• Develop strategic category roadmaps, which include identifying and developing new suppliers.
• Manage Purchase Price Variance (PPV) containment and avoidance solutions minimizing negative P&L impact while maintaining material availability as applicable
• Monitors overall supplier performance with assigned categories and develops & implements corrective action
• Lead Supplier Relationship Management (SRM) activities for assigned categories including the management of current year savings as well as the development of multi-year savings pipelines.
• Collaborate with various internal stakeholders including the Field, Finance, Project Management - Conduct and assess RFQs/RFPs/RFIs, negotiations, supplier evaluations, and determine supplier selection for direct spend on mechanical related categories.
• Implement performance management processes, Key Performance Indicators (KPIs) metrics, and measurement dashboards to ensure supplier performance and key initiatives.
• Develop & execute strategic agreements (NDA/JDA/MSA) alongside legal counsel that support business initiatives and expectations
• Identifying performance gaps and opportunities and develop new strategies and initiatives to close the gaps and develop new savings initiatives.

• 10+ years of strategic sourcing, procurement, construction industry and relevant category experience in direct spend.
• Significant experience in partnering with suppliers to ensure high demand-supply alignment.
• Well-versed in TCO analysis to ensure data-driven analytics tied to component and supplier selection, in a product-based ecosystem.
• Ability to interact and negotiate with Key suppliers and internal stakeholders on key contracts and services while negotiating in complex and ever-changing environments.
• Experience with ERP systems, Spend Data Analytics & Reporting, eSourcing, and contract management systems required.
• Identify and develop business cases for a healthy year-over-year cost reduction pipeline with suppliers through should costing, process improvement, and innovative strategies.
• Advocate on behalf of the PSM organization function with business units and operational partners to ensure support for core business objectives. Strong leadership and collaboration skills to build and maintain trusted relationships with internal and external stakeholders.
• Strong verbal and written communication skills, with the ability to confidently present complex information to senior executives.
• A flexible, dynamic, self-demanding and proactive individual; able to motivate him/herself.
• Ability to think strategically and develop the organization’s future state strategy.
• Experience in the OEM, elevator industry, aerospace, oil & gas, or similar industries

• Bachelor’s degree:
  Engineering, Supply Chain Management, or Business Administration is required;
  Master’s/MBA preferred.
• Certifications:
  
  Supply Chain Management, Purchasing, Six Sigma Green/Black Belt or PMP desired.
• Expert understanding of purchasing policies, procedures, practices, and the value and use of procure-to-pay (P2P) digital platforms.
• Working knowledge of Microsoft Office (Power Point, Excel, Word, Visio), SAP, Oracle and/or Ariba.