Sourcing Manager
Worthington Enterprises
full-time
Posted on:
Location Type: Hybrid
Location: Le Mars • Illinois • Iowa • United States
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About the role
- Lead the development; implementation and alignment of sourcing strategies and supplier network capabilities for spend categories to achieve business objectives.
- Responsible for securing materials at the lowest total cost of ownership (TCO) through competitive analysis of bids, and all other costs of ownership.
- Responsible for establishing commodity supply and price risk mitigation strategies to minimize any concerns with materials, delivery, or supplier relationships.
- Demonstrate full knowledge and serve as a leader for assigned categories of spend.
- Collaborate with Director, Procurement Strategic Sourcing, and other cross functional team members to establish both short and long-term commodity strategies.
- Responsible for effectively negotiating with suppliers and coaching others to do the same.
- Govern the development and execution of contracts and agreements with suppliers.
- Responsible for setting and delivering budgeted plans for all direct and indirect items identified within the scope of the role, and report monthly on performance.
- Timely communication to key personnel of any major shifts in marketplace activity that may positively or negatively impact the organization.
- Select, maintain, and manage a supplier base that is financially sound, technically competent, and strategically aligned, including supplier performance standards and measurements.
- Evaluate supplier capabilities and establish sources for new technologies and new markets dictated by business requirements.
- Compile and maintain commodity and industry strategies.
- Responsible for compliance with applicable corporate policies and procedures and Code of Conduct.
- Develop annual cost savings programs and implement strategies that directly affect company financial results.
- Create, advocate, lead and implement sourcing and negotiation strategies for key spend areas to achieve short- and long-term savings targets.
- Analyzing industry trends and evolving technology to proactively identify supply base issues to mitigate issues to minimize risk, protect continuity of supply, and exploit emerging opportunities that benefit Wells.
Requirements
- Bachelors degree in Purchasing, Supply Chain, Business, and Materials Management preferred or related field.
- Minimum of five years experience in Sourcing/Supply Chain/Operational Leadership.
- Knowledge of Purchasing, Price Risk Management, and Supply Chain.
- Familiarity with regulatory requirements associated with food products.
- Exceptional communication skills (both oral and written) and presentation skills.
- Effective negotiating skills at mid-management level.
- Must be able to work across all functions and levels of an organization.
- Problem solving ability, quantitative skills, and decision making talent.
Benefits
- Paid time off (PTO)
- Annual incentive bonus based on Company performance
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
sourcing strategiessupplier network capabilitiescompetitive analysiscommodity supply strategiesprice risk mitigationcontract developmentbudget managementcost savings programsnegotiation strategiessupply chain management
Soft Skills
communication skillspresentation skillsnegotiating skillsproblem solvingquantitative skillsdecision makingcollaborationleadershipcoachingorganizational skills
Certifications
Bachelor's degree in PurchasingBachelor's degree in Supply ChainBachelor's degree in BusinessBachelor's degree in Materials Management