Strategic Sourcing Manager

Duties/Responsibilities:

·         Establishes and runs projects related to sourcing needs as directed from upper management.

·         Establishes procedures to accomplish sourcing a variety of materials in a cost-effective manner.

·         Prepares and assigns task to team members working collaboratively with all departments.

·         Analyzes market and delivery conditions to determine present and future material availability and prepares market analysis reports.

·         Keeps informed of economic, industrial, and other trends that affect markets, prices, and delivery conditions.

·         Recommends major purchases of materials based on anticipated changes in prices or on unusual availability situations.

·         Participates and leads in contract negotiations and vendor selection.

·         Monitors performance and capabilities of vendors to ensure maintenance of delivery, quality, and price commitments.

·         Arranges for disposal of surplus materials.

·         Manages and evaluates supplier performance.

·         Acts as a liaison in dealings between vendors and user departments when necessary.

·         May perform duties of Buyer in new supplier start up phases.

·         Responsible for Inventory Turns and cost savings projects.