What are the responsibilities and job description for the Strategic Sourcing Manager position at Drew Marine?
Drew Marine is a global leader providing technical solutions and services to the marine industry with a comprehensive line of advanced marine chemicals, and equipment. Supported by a worldwide network of service engineers and a global supply chain delivering to more than 900 ports, we have a portfolio of products and services including: Water Treatment, Fuel Treatment, Maintenance Cleaners, Welding & Refrigeration, Engineered Systems & Products, Onboard Test Kits, and Analytical Services.
Drew Marine offers a competitive compensation package with the following benefits:
- Medical, vision, and dental insurance starting on day 1
- Drew Marine Employee Savings Plan – Current Employer Match is 100% of the first 5% contributed.
- Company paid Life Insurance, Short Term Disability and Long-Term Disability
- 26 Paid Days Off in the first year of employment (17 personal days 9 holidays)
- Community engagement and volunteer opportunities
Job Summary:
The key function of the Strategic Sourcing Manager is to provide leadership and strategic direction in a highly collaborative environment, to ensure a world class supplier partner network such that all quality, delivery, cost, innovation, and launch objectives are achieved across raw material, tolling, MRO, warehousing, and freight optimization projects.
Principal Duties and Responsibilities:
- Manage strategic sourcing in the assigned region in terms of material, products, services, warehouses, and freight
- Achieve cost savings and improve quality and service levels by launching periodic RFI/RFPs and identifying opportunity areas such as product standardization and supplier consolidation
- Execute strategic sourcing projects for assigned categories by implementing sourcing strategies, leading negotiations, selecting suppliers, and overseeing project execution.
- Proactively identify improvement opportunities for the assigned category areas and recommend key actions to the appropriate stakeholders
- Ensure that Drew Marine has good supply market understanding and work with the business / function teams to provide input for creating innovative win-win customer and supplier strategies
- Effectively work with functional and business groups as a trusted advisor to ensure continuity of operations, determine desired product/service specifications and projected demand when making recommended action plans
- Develop and Execute Supplier Relationship Management (SRM) processes including supplier classification, governance, performance management and supplier development
- Exhibit solid business and financial acumen, ability to review and attest payments and summarize cost data
- Demonstrate solid understanding of development/ interpretation of technical specifications and their application in an operations environment
- Combine all spend information into yearly plans and long-term forecasts for costs, savings targets, and planned projects
- Provide subject matter expertise and drive use of Procurement best-in-class practices, sourcing methodologies, and standardization of Procurement processes while minimizing supply risk
- Lead commodity and sourcing strategy, development, and execution
- Other duties and tasks as assigned
Required / Desired Knowledge, Experiences and Skills:
- 5-7 Years of Procurement experience within a regulated environment focused on cost improvements
- Contract Negotiation, Project Management, Category Management, and Business Analysis experience
- Experience in change management and continuous improvement
- Demonstrated ability to conceive and lead transformation initiatives
- Project management and business transformation execution leadership experience
- Excellent strategic thinking, influencing, analytical and communication capabilities
- Understanding of manufacturing processes from a chemical standpoint
- Preferred experience in direct materials, tolling and MRO negotiations
- ERP experience (JDE experience a plus)
- Excellent analysis and Microsoft Office skills (Word, PowerPoint, Excel)
- International sourcing experience preferred
- Ability to multi-task; detail oriented
Education/Certifications:
- Bachelor’s degree or equivalent required; MBA preferred
Physical Working Environment:
The position works in a climate-controlled office environment and requires the ability to sit for extended periods of time. Position requires travel approximately 10-15% of the time.
The above statements are intended to describe the general nature of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of employees so classified.
Drew Marine provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type. All employment decisions at Drew Marine are based on business needs, job requirements and individual qualifications without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.