Sourcing Manager
Woodward, Inc.
full-time
Posted on:
Location Type: Hybrid
Location: Zeeland • Colorado • Illinois • United States
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Salary
💰 $85,000 - $136,000 per year
About the role
- Collaborate with cross-functional teams to execute sourcing strategies effectively.
- Assess potential suppliers based on quality and delivery standards.
- Negotiate contract terms to secure favorable agreements with suppliers.
- Analyze procurement risks and work towards mitigating them while ensuring quality of materials.
- Monitor spending patterns and adjust sourcing strategies accordingly.
Requirements
- Supplier Assessment: Assess potential suppliers to ensure they conform to category, supply chain, and product strategies and meet the company’s quality, cost, and delivery requirements.
- Contract Management: Negotiate favorable terms and conditions with suppliers to ensure security of supply, commercial appropriateness, and risk management to generate mutually beneficial agreements that will deliver value for both parties.
- Strategic Sourcing: Select suppliers to provide direct material within a given category of suppliers who substantially conform to the category strategy, provide commercial favorability and reduce risk.
- Portfolio Management: Manage the portfolio of spend for a given category to include financial performance, plan for every part, and understanding of total supply chain.
- Commercial Strategy: Analyze total cost structures and implement strategies to reduce procurement risk (financial and otherwise) while maintaining quality and delivery performance to generate best total value for a given category.
Benefits
- All members included in annual cash bonus opportunity.
- 401(k) match (4.5%)
- Annual Woodward stock contribution (5%)
- Tuition reimbursement and Training/Professional Development opportunities for all members
- 12 paid holidays, including floating holidays.
- Industry leading medical, dental, and vision Insurance upon date of hire
- Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave.
- Paid parental leave.
- Adoption Assistance
- Employee Assistance Program, including mental health benefits.
- Member Life & AD&D / Long Term Disability / Member Optional Life
- Member referral bonus
- Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending
- Voluntary benefits, including: Home / Auto Insurance discounts Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
supplier assessmentcontract managementstrategic sourcingportfolio managementcommercial strategyrisk managementcost analysisnegotiationquality assurancespend analysis
Soft Skills
collaborationcommunicationanalytical thinkingproblem-solvingstrategic thinking