Strategic Sourcing Manager
Lapp Group - florham park, NJ
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Summary: Under the general direction of the Purchasing Director and in conjunction with their current responsibilities they will be responsible for developing, creating, and managing their sourcing process and vendor base to optimize delivery performance, cost management and efficiency to LAPP NA.The Sourcing Manager role will report to the Florham Park, NJ office and will require periodic travel Essential Duties and Responsibilities - include the following. Other duties may be assigned Responsible for the complete Cable supply base management cycle while securing cost, quality, delivery, innovation, sustainability, and risks performances Anticipate, collect, and formalize the business requirements with various stakeholders (Commercial sales teams) Assess the cable market market to determine the best options and sources of supply for LAPP Lead RFPs, negotiation, supplier selection in close collaboration with stakeholders to meet their business needs Lead contract negotiation, approval, and signature for large-scale, enterprise-wide global agreements, in alignment with LAPP Group and legal requirements and policies Demonstrates project management expertise with the ability to carry strategic sourcing projects from strategic planning through implementation Category management and Supplier relationship management Analyze and optimize a portfolio of professional services to continuously optimize cost and operational efficiencies for LAPP USA Proactively manage their supplier panel, evaluate performance, risk and innovation, in alignment with the category strategy Prepare and lead Quarterly Business Reviews with strategic suppliers Competencies Demonstrate excellent interpersonal skills, strong work ethic, and a positive attitude. Ability to communicate and collaborate with other departments within the organization to achieve stated objectives regarding revenue, profitability, and market share. Must possess excellent organizational skills and have the ability to prioritize and manage multiple projects. Looks for ways to improve and promote quality; Applies feedback to performance. Must be a self-starter and possess the ability to work independently and use time efficiently. Upholds organizational values. Adheres to company policies and procedures and maintains a professional appearance. LAPP Buyer/Planner Fundamentals: Business and technical competencies to represent the knowledge, skills and abilities needed by buyers/planners at LAPP USA. Sourcing Material requirements planning Inventory management Risk management Supplier cost analysis, benchmarking and price improvement Supplier relationship management Supply chain fundamentals Manufacturing process environment Qualifications and Education Requirements Minimum of 5-10 years' work experience in category/commodity management, preferably in Cables & Harnesses and in complex organizations Bachelor's Degree in Supply Chain Management, Engineering, Business Management or related field from regionally accredited university 2 - 4 years of experience in Purchasing, Master Scheduling and/or Production Planning APICS certificate, preferred. SAP Proficient. Proficient in excel with high level of skill and capability and the ability to work independently and effectively Excellent interpersonal, communication and presentation skills. Possession of excellent mathematical skills as well as the ability to organize, plan, forecast and budget accurately. Certifications, Licenses, Registrations: APICS Certification Language Skills: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental to write reports, business correspondence, and procedure manuals.Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. Mathematical Skills: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.Ability to compute rate, ratio, and percent and to draw and interpret bar graphs. Reasoning Ability: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Computer Skills: To perform this job successfully, an individual should have working knowledge of Internet software; SAP; and Microsoft Office applications. PHYSICAL DEMANDS: While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to walk. The employee is occasionally required to stand and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision and color vision. WORK ENVIRONMENT: While performing the duties of this Job, the employee may be exposed to moving mechanical parts. The noise level in the work environment is usually moderate. COMPENSATION: After thorough market analysis, LAPP takes many factors into consideration when determining base salary such as experience, knowledge, skills, abilities, etc. of the candidate. The base salary range for this role is $120,000 - $130,000 plus participation in LAPP's bonus plan. We also offer a comprehensive benefits package including Medical, Vision, Dental, Paid Time Off, Paid Holidays, 401(k), HSA/FSA, Life Insurance, and more! *LAPP is an Equal Opportunity Employer*
Created: 2024-11-06