Strategic Sourcing Manager - Steel Commodity

Strategic Sourcing Manager - Steel Commodity

Location: Euclid - 22801
Employment Status: Salary Full-Time
Function: Supply Management/Purchasing
Pay Grade and Range: ASC
060-M2 Min: $ - Mid: $
Bonus Plan: AIP
Target Bonus: 15.0

The Strategic Sourcing Manager – Steel Commodity is accountable for the end‑to‑end sourcing and buying strategy for steel commodity, including negotiating mill and service center agreements, managing spot and contract purchases, and mitigating market risk. This role requires hands‑on experience buying steel and translating steel market movements into actionable sourcing and pricing strategies that support business continuity, cost competitiveness, and supply assurance.

• Facilitate the development and maintenance of formal category strategies (as assigned).
• Manage sourcing events to deliver savings and service improvements.
• Facilitate cross‑functional sourcing team meetings and support global sourcing council, led by Director.
• Participate in Global Sourcing Council, with representation from key stakeholders, to define business needs, sourcing objectives, and align across the functions. Utilize councils for input to category strategies and agreement on sourcing event supplier awards.
• Manage supplier selection (with input from global category council), supplier qualification, and performance tracking.
• Ensure timely execution of sourcing waves and alignment with procurement operations.
• Maintain accurate contract, pricing, and supplier data (if not delegated to Sourcing Specialists).
• Manage a team of sourcing specialists, who will support the sourcing events and execution with operational planning/buying.
• Identify supply chain risk (materials, suppliers), monitor market related forces, and define actions to mitigate potential issues proactively.
• Maintains supplier scorecards, leads business reviews.

• 8-10 years in sourcing or procurement, including ownership of mid‑size spend categories, with at least 5 years focused on steel commodity
• Strategic sourcing methodology and category strategy development.
• Proven experience running complex RFx’s and contract negotiations.
• Cross‑functional collaboration with operations, legal, finance, R&D, commercial.
• Understanding of cost drivers and tracking of global price indices
• ERP and eSourcing platform expertise (SAP Ariba, Jaggaer, Oracle, Zycus).
• Communication, Collaboration, and Coordination with internal stakeholders.

• Certification in Supply Management (CPSM from ISM, APICS)
• Deep category knowledge (e.g. metals, chemicals, raw materials in general)
• Demonstrated success in cost savings, supplier consolidation, and innovative outcomes
• Familiarity with TCO modeling, Should‑Cost, or Clean Sheet analysis
• Change Management or Lean/Six Sigma certification (e.g. Green Belt)
• Experience in steel or metal mechanic industry

• Category‑Level Cost Savings and Value Delivered
• % Spend with Preferred Suppliers and Contract Compliance
• Execution of Supplier Consolidation Roadmaps
• Supplier On‑Time Delivery and Quality Scorecard Adherence
• Lead‑Time Targets by Category (tracked quarterly)

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.