Your Role and Responsibilities We are seeking a highly motivated and experienced Strategic Sourcing Manager to lead our sourcing efforts and drive cost savings across the organization. The successful candidate will be responsible for developing and implementing strategic sourcing plans, managing supplier relationships, and ensuring compliance with company policies and regulations.
Key Responsibilities
Strategic Sourcing
Develop and implement strategic sourcing plans to meet business requirements and drive cost savings
Conduct market research and analysis to identify potential suppliers and negotiate contracts
Collaborate with cross-functional teams to understand business needs and develop sourcing strategies
Manage and maintain relationships with key suppliers, including negotiation of contracts and resolution of issues
Supplier Management
Develop and manage supplier scorecards to measure performance and drive improvement
Identify and mitigate supply chain risks, including vendor non-performance and compliance issues
Collaborate with suppliers to develop and implement quality and performance improvement plans
Ensure compliance with company policies and regulations, including ethics and compliance requirements
Contract Management
Develop and manage contracts, including negotiation of terms and conditions
Ensure compliance with contractual obligations, including payment terms and delivery schedules
Collaborate with internal stakeholders to ensure contract requirements are met
Manage contract renewals and expirations, including negotiation of new terms and conditions
Stakeholder Management
Develop and maintain relationships with internal stakeholders, including procurement, operations, and finance
Collaborate with stakeholders to understand business needs and develop sourcing strategies
Provide regular updates and reporting on sourcing activities and results
Required Technical and Professional Expertise
Bachelor’s degree in Supply Chain Management, Business Administration, or related field
Minimum 5 years of experience in strategic sourcing, procurement, or supply chain management
Proven track record of driving cost savings and improving supplier performance
Strong analytical and problem-solving skills, with ability to analyze complex data and develop recommendations
Excellent communication and interpersonal skills, with ability to build relationships with internal and external stakeholders
Experience with contract management and negotiation, including development and implementation of contracts
Preferred Technical and Professional Expertise
Master’s degree in Supply Chain Management, Business Administration, or related field
Professional certifications, such as CSCP or CPSM
Experience with supplier relationship management tools and software
Knowledge of industry trends and best practices in strategic sourcing and supply chain management