Sullivan & Cromwell LLP

Sourcing Manager, Direct Category

Sullivan & Cromwell LLP

full-time

Posted on:

Origin:  • 🇺🇸 United States • Illinois

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Salary

💰 $94,160 - $124,762 per year

Job Level

Mid-LevelSenior

Tech Stack

Assembly

About the role

  • Actively manage the performance of the commodity portfolio of direct material suppliers to ensure that all KPIs’ are met
  • Develop and implement a global sourcing strategy for each of the categories/commodities based on industry and market trends and conditions, and continue to assess in the medium/long-term (3-5 years) horizon
  • Perform Supplier Development action plans/improvement plans through regular business reviews with the suppliers
  • Ownership of Supplier Business Reviews (SBR)
  • Plan and conduct strategic and tactical negotiations related to supply and purchase agreements with a view to mutual benefits and success
  • Lead supplier evaluations and communicate the results to the supplier, internal customers and the leadership team
  • Assess new suppliers for business fit, financial stability and ensure that they will provide best overall value to S&C
  • Lead and/or participate in a formal Category Management process
  • Develop long-term project plans to increase the number of qualified suppliers on the S&C Approved Supplier Matrix (ASM)
  • Ensure that only ASM-Q suppliers are used in supplying S&C with materials
  • Using Net Cost reporting, ensure that market inflation/deflation is understood in each portfolio and develop, where required, mitigation plans
  • Ensure the use and promotion of ASM-Q suppliers on NPD (New Product Development) projects and look to mitigate supply chain risk if identified
  • Negotiate prices and make contract commitments with established and new suppliers
  • Conduct regular comprehensive commercial audits and financial review of the supply base
  • Escalation management and conduit from supplier to senior management team
  • Ensure that all sourcing project plans are updated and maintained on a regular basis

Requirements

  • Degree in business or technical discipline
  • MBA or current certification by ISM (CSM/CPSM) or APICS CSCP would be beneficial
  • Work experience in a similar capacity managing direct material category, preferably in a mechanical manufacturing or heavy industrial manufacturing environment
  • Work record showing the ability to conceive and implement strategic sourcing initiatives and assure their long-term success
  • Demonstrated experience leading and participating on cross-functional global teams
  • Experience with and understanding of manufacturing processes for industrial products and components
  • Excellent written and verbal communication skills, including personal and group presentations
  • Highly skilled in the use of business technology and communication tools
  • Excellent working knowledge of MS Office
  • Ability to travel domestically or internationally 35% of the time
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