Senior Sourcing Manager

JOB DESCRIPTION

Job Title:
Senior Sourcing Manager

Location:
Vernon Hills, IL

Reports To:
Sr Director Procurement

Direct Reports/Manages others:
Yes

SUMMARY STATEMENT:

At Rust-Oleum, we invent, innovate, and create industry-leading products that protect, beautify, and transform homes, businesses, and industries.

The Senior Sourcing Manager is responsible for leading a small team, providing strategic and operational leadership within a sourcing category while ensuring alignment with organizational goals.

This role translates business strategy into actionable plans, combines people leadership with day-to-day operational management to achieve achieve business goals and support organizational success.

• Lead and manage day-to-day operations strategy, planning, and execution.
• Establish team priorities and allocate resources effectively
• Monitor performance and ensure achievement of goals and objectives.
• Coach, mentor and develop team members.
• Support employee relations, engagement and performance management activities.
• Analyze data and performance trends to identify opportunities for improvement
• Implement process improvements that increase efficiency and effectiveness
• Collaborate with cross-functional partners to accomplish business objectives
• Ensure complain with company policies, procedures, and applicable regulations.
• Manage departmental projects and initiatives
• Prepare reports, metrics and presentations for leadership review.
• Monitor department performance through metrics and reporting.
• Lead sourcing projects within the category.
• Ensure regulatory and company policy compliance.
• Build relationships with internal and external stakeholders.
• Support organization and change initiatives

• Directly supervise employees
• Conduct performance reviews and development discussions
• Set performance expectations and hold employees accountable
• Support hiring, onboarding, training, and retention efforts.
• Promote teamwork, communication, and employee engagement
• Lead Cost Reduction and identify margin enhancement opportunities.
  • Coordinate with Packaging Engineer for Component specification management
  • Conduct RFQ/Ps, evaluate supplier quotation and develop negotiation strategies
  • Conduct or assist in supplier negotiations and act as mentor to others
  • Collaborate closely with RPM Center Led Procurement to align overall strategy, negotation strategy and strategy execution
• Support revenue growth and develop supplier capabilities
  • Secure supply and ensure supply risk mitigation
  • Continuously develop supplier capabilities to improve performance and enable better product solutions for the future.
  • Partner with Sales and Marketing to understand and support commercial needs
  • Create supplier relationships that address and are suitable to business needs
• Supplier Relationship management
  • Drive supplier performance and reliability
  • Manage supplier pricing, rebates and contracts
  • Build, review and implement supplier strategic depending on business need and market conditions.
  • Facilitate escalation process when supplier performance is impacting service level to company's customers.

• Innovation and product cycle support (Project Management) :
  Collaborate closely with marketing, R&D, the plants and the project teams to support sourcing needs of the various projects in the pipeline.

• Other operational responsibilities
  • Support plant management supply needs to minimize disruption to operations
  • Prepare regular management reports such as E6, PPV, weekly updates, critical materials log, etc
  • Work with legal and CLP in the contract life cylce management.
  • Interface with other internal departments, including Finance, Legal, EHS, etc.to resolve issues relating to product cost, supplier payment terms, product safety and labeling issues and other regulatory requirements.
  • Ensure prompt and accurate maintenance of ERP Source-to-Pay parameters assigned to procurement e.g.vendor master, Source List, PIR.
• Scope
  • Leads a small team of 2-3 sourcing professionals or analyst
  • Category spend : $160 million

• Bachelor's degree required.
• 7+ years of procurement experience
• Relevant certifications or professional credentials preferred, where applicable.

• Demonstrated experience in a related field, industry, or functional area.
• Proven ability to perform the essential duties and responsibilities of the position.
• Prior experience working in a fast-paced, collaborative environment preferred.
• CPMG background is preferred.

• Knowledge of industry practices,…