Sourcing Manager

Woodward, Inc.

Sourcing Manager assessing suppliers and managing contracts for Woodward's energy control solutions. Ensuring quality, cost, and delivery requirements are met while reducing procurement risks.

Posted 5/2/2026full-timeNiles • Illinois • 🇺🇸 United StatesMid-LevelSenior💰 $85,000 - $136,000 per yearWebsite

About the role

Key responsibilities & impact

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.

Requirements

What you’ll need

5+ years of B2B contracting experience

Benefits

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

supplier assessmentcontract managementstrategic sourcingportfolio managementcommercial strategynegotiationrisk managementfinancial performancecost analysisprocurement