Sourcing Manager Job Description
Sourcing manager
provides coaching and training to Procurement teams on subjects such as spend analysis, sourcing techniques and contracting best practices.
Sourcing Manager Duties & Responsibilities
To write an effective sourcing manager job description, begin by listing detailed duties, responsibilities and expectations. We have included sourcing manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Lead the definition and creation of business and commercial terms
Maximize impact across all value dimensions, including Total Cost of Ownership, Quality, Risk Mitigation for assigned suppliers
Contribute to the design and support the execution of the annual business plans inclusive of cost savings, supplier diversity, supplier rationalization, and supplier enabled innovation targets
Establish productive management level relationships with Suppliers to ensure the two-way exchange of information specific to strategies, priorities, requirements, disputes and issues resolution
Provide oversight of portfolio resources supporting his/her Supplier Portfolio including organizational development through training and stretch-assignment opportunities
Responsible for the overall sourcing Due Diligence activities
Responsible for working with Sales on development a specific client strategic sourcing and category management solution
Responsible for the final sourcing and category management solution for each client
Responsible for the completion of all pre-contract sourcing solution activities
Document risks and gaps for each client solution action plans to close each
Sourcing Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Sourcing Manager
List any licenses or certifications required by the position: CPM, APICS, CPSM, CIPS, CPIM, MBA, FAR, ISM, C.P.M, CMP
Education for Sourcing Manager
Typically a job would require a certain level of education.
Employers hiring for the sourcing manager 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, Supply Chain Management, Finance, Business/Administration, Education, Management, Technical, Communication
Skills for Sourcing Manager
Desired skills for sourcing manager include:
Excel
PowerPoint
Sourcing category strategy
Critical procurement legal requirements and contracting best practices
Oracle
BI Apps
Multidisciplinary business principles and practices to achieve successful outcomes in cross-functional projects and activities
Competitors and market dynamics
Supplier continuous improvement programs/Lean Initiatives
Charting programs
Desired experience for sourcing manager includes:
Experience within the technology or financial services industries preferred
High Level of RFx (RFI, RFQ and RFP) sourcing skill
Demonstrated ability to complete all tasks, no matter how small
Strong ability to forge solid working relationships with peers in other divisions
GLOBAL CATEGORY MANAGEMENT expertise, focused on mechanical components and surface treatments
Requires significant experience working with metal and plastic suppliers across multiple forming and finishing technologies - specifically metal CNC and Anodizing experience
Sourcing Manager Examples
1
Sourcing Manager Job Description
Job Description Example
Our company is searching for experienced candidates for the position of sourcing manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for sourcing manager
- Review carrier contracts and pricing schedules
- Review and score RFXs and recommendations to the business
- Manage specific sourcing initiatives from business need through RFx to Contract and PO placement
- Attend and participate in meetings with vendors, FWS and internal clients
- Deliver significant measurable annual savings in both budgets and cost avoidance
- Drive insight through market research, benchmarking, supplier knowledge and networking
- Develop, maintain and optimize strategic partnerships / source base that align and evolve with the needs of the business
- Collaborate with Design, Quality, Development and Manufacturing
- Lead cross-functional, multi-operating company teams through a comprehensive sourcing process
- Provide advice to business partners and others within the company
Qualifications for sourcing manager
- Professional experience working with a globally distributed supply chain
- Professional experience managing all phases of the product lifecycle
- Excellent written and verbal communications directed at internal and external parties towards the development of RFx’s, contract documents and executive presentations
- Excellent project and time management skills to manage strategy development and execution across multiple business unit stakeholders and site locations
- Motivated, high-energy and self-starter business mindset
- Excellent communication skills and advanced negotiation skills
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Sourcing Manager Job Description
Job Description Example
Our innovative and growing company is looking for a sourcing manager. 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 sourcing manager
- Maintain the highest level of quality, professionalism and integrity when negotiating with suppliers
- Keep vendors up-to-date on proposal status
- Creates Vendor and Country database and all departmental reports for monitoring performance, such as, cost savings, vendor performance, product lead times
- Identify potential product in the assigned categories that present opportunities in new markets
- Serve as primary contact to the agents and suppliers in managing the assigned categories
- Close working partnership with buyers, design
- Develop strong relationships with key suppliers other disciplines within the businesses
- Review vendor wise monthly performance report on delivery, serviceability and as well defect %
- Negotiating short and long term contracts by building a data driven model that takes into account BOM, commodity costs, distribution costs
- Managing the supplier manufacturing process to ensure they meet delivery performance metrics
Qualifications for sourcing manager
- Experience in employing strategic souring methodology
- Minimum 3-5 years experience in off shore sourcing, buying/merchandising in a retail or manufacturing organization
- C.P.M., C.P.I.M or similar certification preferred, MBA a plus
- Lean Manufacturing and/or Six Sigma certification a plus
- 5+ years in sourcing or purchasing management
- Experience in the Aerospace & Defense industry a plus
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Sourcing Manager Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of sourcing manager. 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 sourcing manager
- Provides direction to others, with the participation of senior procurement leadership, in the training, evaluating and mentoring of others, other tasks, as applicable, and may also make recommendations to take corrective action to manage performance, as appropriate
- Participates in the development and implementation of "other" category specific, cost reduction initiatives
- Leads process standardization and process efficiencies to ensure policy/requirements are met through e-Procurement tool (e.g., online categories)
- Develop a procurement program and supplier relationship management program focused on critical spend categories
- Track, measure and report diversity and sustainability results
- Coordinating and leading complex sourcing events
- Develop commodity Market Intelligence for Lead-times, Price Trending, End Of Life, and coordination of Last Time Buys
- Lead the sourcing strategy development process
- Drive the implementation of strategies
- Develop a supply base that can support just-in-time manufacturing
Qualifications for sourcing manager
- 5-7 years of relevant work experience in software sourcing desired but not required
- Experience reviewing, drafting and negotiating contract terms limiting risk, capturing business requirements, and securing commercial commitments
- Ability to work autonomously and demonstrate judgment with regard to management escalation
- Self-motivated worker with the ability to work in a fast-paced work environment
- Ability to handle multiple complex concurrent projects
- CPSM or other professional certification would be desirable
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Sourcing Manager Job Description
Job Description Example
Our company is hiring for a sourcing manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for sourcing manager
- Managing all sourcing activities
- Maintaining Available-To-Promise (ATP) within defined norms by optimizing working capital
- Ensuring Inventory Days of Cover are within established norms
- Leading and/or supporting cross-functional teams on various sourcing related projects
- Ensuring that right products are available at right time and right Cost-Of-Goods-Sold (COGS)
- Identifying and resolving issues in terms of Purchase-Order (POs), Payments, and Deliveries
- Ensuring that all Sourcing Queues are properly resolved and that Breach reports are always clean
- Reserves production and new material on key categories
- Manages and maintains a global matrix of manufacturers and mills to implement the Company sourcing plan
- Analyzes product packages for target cost value
Qualifications for sourcing manager
- High level technical competence in all core Strategic Sourcing disciplines
- Virtual based positions within the US
- Bachelor degree in business or related field from College or University with 2 to 5 years related experience and/or training
- Must be extremely detail focused
- Proven track record as a sourcing expert
- Good knowledge of ERP systems (SAP an advantage)
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Sourcing Manager Job Description
Job Description Example
Our innovative and growing company is looking for a sourcing manager. 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 sourcing manager
- Advise clients on best practice and alternate ways of working to drive enhanced outcomes in line with OJEU legislation where appropriate
- Advertising opportunities, publishing internal client-created tender documents (PQQ/ITT ), managing the tender/bid clarification & evaluation process, managing the contract award process
- Conduct post quotation feedback and lessons learnt to continuously improve processes and outputs
- Confirmed and approved forms and properly communicated processes (RfQ, RfT, RfE, specifications, tendering process)
- Deputise for Client Lead in their absence
- Deliver pre-agreed savings targets
- Ensuring procurement projects are fully compliant with current legislation and follow best industry practice
- Identify & drive savings benefits from tactical & spot buying activity
- Identify and deliver continuous improvement
- Identify and deliver evidence based cashable savings on procurement projects
Qualifications for sourcing manager
- Working towards MCIPS / equivalent accreditation
- Positive and confident approach
- College degree, preferably in Supply Chain, Operations &/or Packaging/Mechanical Engineering
- 5+ years of experience in sourcing and/or supply chain with experience in consumer packaged goods industry or related industry
- Strong database/spreadsheet knowledge including TOPs experience
- Sound knowledge of overall supply chain concepts