Strategic Sourcing Manager

Job Description:

The Procurement Strategic Sourcing Manager has responsibility for support of the thermal businesses and products and will secure long-term total quality, delivery, cost efficiency and sustainability of direct material supply throughout the total product lifecycle.

Essential Duties:

• Responsible for all supplier commercial relationships within the assigned business areas, securing targeted levels of cost, quality, delivery, sustainability, and supply continuity.

• Develop and implement assigned Supplier strategies that meet internal and external customer demands.

• Support new product development activities across the business unit by setting supplier strategies, managing costs to meet product margin goals, and helping to launch product to mass production.

• Complete and manage the lifecycle of supplier contracts including corporate agreements, annual pricing negotiations and awards, payment terms, and inventory.

• Develop and align Supplier technical roadmaps in partnership with Sales and Engineering.

• In working with sites, is responsible for supplier performance and rating based on Key Performance Indicators (KPI) for Quality, Delivery, and Cost.

• Drive Supplier and spend consolidation across multiple sites within the NA region in alignment with corporate goals and direction.

• Find, assess, and develop new Suppliers as needed in accordance with corporate direction and in alignment with Sales and Engineering.

• In working with sites, assess and complete Purchase Price Variance (PPV) activities including budgeting, forecasting, and reducing PPV impact to the business.

• Support sites on a when-needed basis to ensure critical customer service levels are maintained through supplier escalation, alternate sourcing, secondary sourcing.

• Ability to travel internationally to support development and launch activities.

Qualifications (Education and Experience):

Required

• Bachelor’s Degree in Supply Chain Management, Business Administration, or relevant field

• Minimum 5 years of business or procurement experience

• Experience negotiating with suppliers in a low volume manufacturing business.

• Background in electronic (printed circuit board assembly, wire/cable assemblies, controls, semiconductors) and thermal (pumps, fans, compressors) components.

Desired

• Experience with metal fabrication technologies is a plus.

• Master’s Degree in business

• Leadership and change management experience

• Previous experience in a high mix / low volume manufacturing environment

• Experience in international supply chain management, incoterms, and landed costs

• Second language ideal

Skills and Capabilities (Knowledge, Skills, Abilities):

Required

• Extensive knowledge of the procurement environment to be able to analyze business issues, recommend solutions and strategies and implement change

• Strong knowledge of the strategic sourcing methodology and its application (e.g. fact based negotiations and cross functional team collaboration)

• Strong knowledge of assigned categories

• Demonstrated ability to effectively manage strategic supplier relationships, including relationship building, performance improvement, development, and integration

• Demonstrated understanding the importance of customer service and internal stakeholder management

• Results-oriented and demonstrated ability to effectively manage multiple priorities simultaneously and meet critical deadlines in a fast-paced environment.

• Strong negotiation skills, including an understanding of legal terms and conditions

• Strong analytical skills, including a demonstrated ability to synthesize, interpret, and communicate market and competitive data

• Strong organizational and problem-solving skills

• Excellent verbal and written communication skills

• Excellent interpersonal skills and the ability to work with multiple organizations and develop high-quality working internal and external relationships

• Flexibility and able to adapt to a fast-paced, rapidly changing work environment with unexpected issues or events

• Proficiency in MS Office applications (Outlook, Teams, Word, Excel, PowerPoint, Project)

• Ability to maintain confidentiality regarding proprietary company information

• Ability to travel up to 50% to domestic and/or international sites as required

All Job Posting Locations (Location)

Remote Type

EEO Statement

Boyd Corp is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.