Sourcing Manager
NEXPERA - newark, NJ
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OverviewWe are seeking a skilled Sourcing Manager to join our team. The ideal candidate will be responsible for managing the sourcing and procurement activities within our organisation.Primary DutiesResponsibilities:Develop and execute category strategies aligned with business objectivesConduct market research and analysis to identify industry trends, potential suppliers, and cost-saving opportunities.Lead sourcing projects from inception to completion, including RFPRFQ processes, negotiations, and contract management.Collaborate with cross-functional teams to understand business requirements and translate them into effective sourcing strategies.Manage supplier relationships and performance, ensuring compliance with agreements and service level expectations.Analyze spend data and market intelligence to identify cost reduction opportunities and implement savings initiatives.Develop and maintain category performance metrics and reporting.Ensure procurement policies and procedures are understood and adhered to by the organizationDeliver supplier relationship strategies in line with supplier segmentation, category strategy and business needs.Provide subject matter advice to internal and external customer groups addressing currentfuture business needs, demonstrating marketplace knowledge.Lead and influence customer groups with sound and articulate case recommendations with quantifiable financial benefits.Ability to effectively communicate strategies, drive decisions and challenge partners.Effectively drive cross-category collaboration where "˜overlapping' partner groups, geographic regions and or requirements exist.Manage, minimize and mitigate supplycontractualregulatory risk by bringing to bear other key functions where appropriate.Develop and model multiple cases to demonstrate the potential opportunities and impact of options across a category.Develop baseline cost analysis and cost models to accurately represent sourcing strategies.QUALIFICATIONS:Bachelor's degree or higher and 6 years of Procurement experience with any combination of Finance, Engineering, Contract Manufacturing, Logistics, or Raw Material experience; ORAssociate's degree and 10 years of Procurement with any combination of Finance, Engineering, Contract Manufacturing, Logistics, or Raw Material experience;Proven track record of delivering cost savings and process improvementsStrong analytical and problem-solving skills with proficiency in data analysis toolsExcellent negotiation and communication skillsExperience with e-sourcing tools and procurement systemsProficient in use of SAP or other similar ERP systemKnowledge of contract law and supplier relationship managementSolid understanding of procurementsourcingcategory management methodologies.Demonstrated capability to develop and manage supplier relationshipsExcellent and disciplined project management and prioritization skills with ability to react to project adjustments and alterations promptly and efficientlyAbility to adjust and conform to shifting priorities. Proven capability to work independently and proactively is essentialStrong eye for business in order to quickly understand functionalcategory dynamics and develop category strategies that drive valueAbility to deliver complex multi-regional projects in a matrixed environmentBroad knowledge of the market forces shaping a supplier's business contextAbility to understand external market information, including ability to conduct benchmarking to address cost, quality, risk and innovation considerationsAbility to understand cost drivers, internal costs and future demand and requirementsAbility to provide thought leadership, ability to influence and actively shape strategyStrong financial savvy and problem-solving skillsStrong executive communicator with the ability to create and communicate complex cases in a simple and effective mannerAbility to identify gaps, develop scope, and run RFQ's to meet business needsSolid working knowledge of word processing applications and spreadsheetsGood understanding of supply chains and logistics functionsDevelop reports to analyze spending patterns and deliver cost savingsRequired Certification Licenses Training:Relevant Procurement. Purchasing, or Supply Chain certifications preferredProfessional certification (e.g., CPSM, CPM, CSCP) is a plusWORK ENVIRONMENT:This hybrid position will be office-based with some opportunity for remote work from home. The successful candidate will be located at either the Newark, DE or Houston, TX offices. Some travel between offices and to visit plant sites or suppliers will be expected (If you are a proactive individual with a passion for sourcing and procurement, we invite you to apply for this exciting opportunity.
Created: 2024-11-01