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The role of the Sourcing Manager is to handle the company’s end-to-end sourcing operations. Appraise and improve our sourcing activities by analyzing the company’s spending, supplying partnerships and new possibilities.
The goal is to ensure that our products are made of flawless materials with well-functioning equipment. That way our customers will enjoy high-quality merchandise so that we can achieve long-term success. Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Manage the company’s supply portfolio ensuring transparency of spending
Generate and implement efficient sourcing and category management strategies
Analyze and calculate costs of procurement and suggest methods to decrease expenditure
Invent negotiation strategies and secure profitable deals
Optimize sourcing procedures to attain maximum efficiency
Cooperate with stakeholders to guarantee agreement on terms and processes
Research and anticipate shifts in the negotiating power of suppliers
Perform cost and scenario analysis, and benchmarking
Estimate risks and apply risk minimizing techniques
Discover and partner with trustworthy vendors and suppliers
Determine quantity and timing of deliveries
Train, mentor and monitor performance of the Purchasing Specialists
Skills and Abilities
Proven work experience as a Sourcing Manager or Procurement Manager
Familiarity with sourcing and vendor management and relevant software
Understanding of market dynamics and sound business judgement
Strong project management and leadership skills
Ability to negotiate and sustain networking relationships
Comfortable with figures and in collecting, analyzing, and interpreting data
Solid judgement with ability to make good decisions