Senior Manager, Sourcing Job Description
Senior manager, sourcing
provides input and assistance in the development of should-cost models for commodities and the analysis of supplier cost structures.
Senior Manager, Sourcing Duties & Responsibilities
To write an effective senior manager, sourcing job description, begin by listing detailed duties, responsibilities and expectations. We have included senior manager, sourcing job description templates that you can modify and use.
Sample responsibilities for this position include:
Senior level experience in commercial negotiations
A strong team leader and team player, able to work in virtual, global teams in a dual reporting matrix organisation and willing to make tough decisions
Innovations delivered via external suppliers (SEI)
Influence the organization across departments to support the Commodity and/or CM / OEM strategy and make sound decisions on supplier strategy and business development direction
Demonstrated peer leadership and influence at a senior management level
Identify & engage key business partners
Manage the planning and launch of RFis and RFPs, lead supplier negotiations
Work to reduce cost, reduce risk and rationalize company spending
Serve as primary liaison with internal customer
Develop and implement price risk management strategies
Senior Manager, Sourcing Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Manager, Sourcing
List any licenses or certifications required by the position: CPM, APICS, CPSM, ISM, CPIM, PMP, C.P.M, FAR, CSCP, ASE
Education for Senior Manager, Sourcing
Typically a job would require a certain level of education.
Employers hiring for the senior manager, sourcing job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Engineering, MBA, Finance, Business/Administration, Supply Chain Management, Management, Education, Technical, Economics
Skills for Senior Manager, Sourcing
Desired skills for senior manager, sourcing include:
Cost drivers
Market trends
Sales compensation models
Should cost models
Supplier strengths and weaknesses
Construction and quality control processes
Manufacturing
Business analysis
Category to reflect developments / innovations in the market place
Group/business environment and processes and procedures
Desired experience for senior manager, sourcing includes:
Should have Project Management Skills
Advanced ability to set and manage priorities with efficiency and with results address conflicting priorities in a fast past environment
Minimum of 8+ years of relevant work experience in a supporting and leading the procurement of Information Technology and/or Global products and services
Strong knowledge of Global Delivery vendor landscape and build vs
Liaison with key corporate stakeholders to successfully execute category, program and sourcing requirements (e.g., Legal, Finance, internal Procurement teams, .)
Proven and observed cross-functional team facilitation experience
Senior Manager, Sourcing Examples
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Senior Manager, Sourcing Job Description
Job Description Example
Our company is growing rapidly and is hiring for a senior manager, sourcing. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior manager, sourcing
- Provide rigorous analysis of spend data and market trends and dynamics to prioritize and launch sourcing initiatives within designated spend categories
- Serve as the Supplier Capability subject matter expert (SME) who provides supply market insights, linking supplier capabilities to business needs and works with suppliers and engineering to determine technology design approaches which deliver best cost and quality advantages
- Perform cost analysis to drive lowest total cost of acquisition, lead efforts to reduce cost through Design to Value, competitive bidding, cost analysis and negotiating terms and conditions
- Provide guidance to R&D Product Design in terms of supplier and component selection to ensure an optimized time to market, reduced supply risks upfront, and that product quality and compliance gets built into the new product design upfront
- Represent Purchasing in PAB for local projects
- Maintain responsibility for RFQ, benchmarking and negotiations, develop and manage an accurate costed BoM and communicate variances during development process
- Build strong relationships with all levels of R&D leaders Research new technologies, materials, and suppliers that can be incorporated in new product development
- Collaborate internally across several NPD project teams and externally with key strategic suppliers to become a Purchasing SME for the new products upon launch and support any future value engineering projects to improve quality, cost and manufacturability for such products
- Maintain responsibility for developing new (and enhancing existing) processes and procedures to meet the needs of internal and external controls
- Perform all other essential related duties as required
Qualifications for senior manager, sourcing
- 3 - 5 years’ experience in finance and/or procurement-related disciplines
- Experience in facilitating cross-functional teams in development and execution of cost reduction strategies
- Strong ability to build relationships and influence across multiple functions and levels both internally and externally
- International sourcing and supplier management experience preferred
- Working knowledge of ISO13485 standards and requirements preferred
- Bachelor’s degree (Supply Chain Mgt, Engineering, Finance or equivalent experience)
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Senior Manager, Sourcing Job Description
Job Description Example
Our innovative and growing company is looking for a senior manager, sourcing. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior manager, sourcing
- Focus on engaging on Gate 0 with PRU, PMs, Marketing, and DCM/GCM to optimize the supply, manufacturing and logistics setup for each NPI to reduce overall costs and shortest cash-to-cash cycle
- Manage supplier selection process and ensures supplier selections are based on sound selection criteria for new product introduction activities
- Evaluate new opportunities for Cost Savings and Cost Avoidance and proactively manage toward these objectives
- Work with Legal to establish and execute optimal contract terms and conditions with suppliers, including tooling/capital equipment purchases as necessary
- Ensure changes/open issues are managed in a timely manner
- Responsible for owning the relationship with the garment/accessories vendors and mills
- Partner with the Director, Production to align with Product Management on vendor strategies
- Manage the allocation of styles to factories
- Oversee the management of all bulk sample orders (mailers, visual, DTC)
- Partner with Director, Production to negotiate production capacity, capacity reservations, and fabric reservations
Qualifications for senior manager, sourcing
- Proactively seek savings & efficiency opportunities
- Reviewing the quality, commercial impact, risk profile, policy adherence and operational impact of deals for their BU and ensuring an effective hand over from Sourcing into BAU service management is performed
- Fluency in Spanish and Portuguese are considered plusses
- Exceptional PC skills, including Word, Excel, Outlook and PowerPoint
- Ability to travel internationally across the Americas
- Legally eligible to work in the US on an ongoing and permanent basis without sponsorship
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Senior Manager, Sourcing Job Description
Job Description Example
Our company is looking to fill the role of senior manager, sourcing. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for senior manager, sourcing
- Coordinates and reviews analysis of vendor competitive bids from direct reports
- Effectively utilizes both internal marketing resources Supplier based financial and human resources to achieve Product Management Program goals
- Departmental point of contact for Vendor rebates and marketing funds
- Directs oversight and management of working capital
- Provide leadership for new product launches
- Collaborate with the key IT service delivery partners to define the strategic vision for a variety of highly complex IT products and services acquired from external suppliers
- Conceive, initiate, develop, communicate, and manage the execution of purchasing strategies representing a minimum of $50 million of annual expenditures
- Initiates and cultivates open, honest and beneficial relationships with colleagues and stakeholders by establishing rapport, developing an understanding of other’s needs, promotes common goals and follows through on commitments
- Communicate and collaborate with internal and external customers suppliers to provide sustainable, scalable, and optimized total costs
- Proactively identify, develop and promote strategic collaborative relations and solutions driving improvements in suppliers, processes, and systems while meeting and/or exceeding savings, service, innovation, capacity, and growth requirements
Qualifications for senior manager, sourcing
- Minimum of 7 years of experience in New Product Development support, Vendor negotiations, Purchasing and/or Quality functions, preferably in medical device or other regulated industry is required
- Minimum of 5 years of experience at management level in medical device or other regulated industry is required
- Minimum of 5 years of experience in developing and driving purchasing strategy and change management is required
- Thorough understanding of, and experience with, various inventory management practices
- Skilled in reading and interpreting engineering drawings and blueprints is a plus
- CPIM, CPSM, CPM (NAPM), Supply Chain and/or Medical Device quality certifications or training is preferred
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Senior Manager, Sourcing Job Description
Job Description Example
Our company is searching for experienced candidates for the position of senior manager, sourcing. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior manager, sourcing
- Support development of current talent to achieve greater strategic goals and performance
- Support Supervisor in determining staffing needs, recruiting, selecting, hiring, training and developing of department Team Members
- Ensure direct reports have developed and are measuring against a Personal Development Plan
- Support the implementation of proper controls to ensure compliance to brand standards and specifications and ensure that the Americas Indirect operating benchmarks are achieved
- Support the implementation of organizational goals and objectives into performance standards for division, departments and individual positions
- Support, establish and enforce policies and procedures that will improve the overall operation and effectiveness of the Company
- Support departmental budget development and forecasting
- Cultivate and manage relationships throughout the enterprise globally
- Special Projects for Owners of Management Companies
- Knowledge of the business model and end to end global supply chain
Qualifications for senior manager, sourcing
- OMinimum of five to seven years of relevant experience in strategic sourcing
- Willingness to be both strategic and tactical
- Ability to lead and influence change in the face of complexity, with strategic and innovative focus, establish and participate in tactical process
- He/she will hold a passport, be permitted to work in the US with a full driver’s license
- This role will require periodic travel to key North American markets
- Functional knowledge of procurement, sourcing and/or category management
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Senior Manager, Sourcing Job Description
Job Description Example
Our company is searching for experienced candidates for the position of senior manager, sourcing. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior manager, sourcing
- Drive the preparation of proposals, quotations and competitive bids with pertinent specifications, terms and conditions
- Develops, reviews, negotiates and executes complex business agreements and contracts
- Supplier evaluation, selection and set-up of ongoing performance management
- Support broader transformation of the Category through supplier consolidation, PSLs, regional/global contracts, introducing consistent buying channels etc
- Compliance to Procurement policies and procedures
- Provide market analysis, benchmark data and supplier evaluation, to support category planning and risk management
- Work with procurement stakeholders to understand their key data/analytics requirements and design market intelligence frameworks to support the creation of category strategies / playbooks
- Communicate development calendar, target cost and MOQ to in-country team
- Establish Time & Action Calendar for each program
- Partner with in-country team to achieve target cost and MOQ
Qualifications for senior manager, sourcing
- 5+ years developing social media recruiting plans and utilization of social media channels in order to recruit top talent
- Strong working knowledge of ATS and CRM systems Microsoft Office products and other software to be used to support relevant business/industry data analysis
- Strong experience in supplier management, supplier contract negotiations, RFI/RFP’s, strategic sourcing, project management, metrics, and process improvement
- Expected to handle multi-task, complex, or difficult situations as appropriate
- Actively participate in a professional organization, such as
- OFour year Bachelor’s Degree with a preference for Business Administration