What are the responsibilities and job description for the Sourcing Manager position at Laars Heating Systems Company?
Responsibilities:
- Oversee the development and execution of strategies through the tactical sourcing process including the management of bidding processes
- Utilize spend data to identify the greatest opportunities for improvement and establish strategies, sourcing plans, and initiatives to drive incremental value
- Lead the collaboration with stakeholders to propose and execute value creation strategies
- Gather periodic voice of the customer data to incorporate into category plans and contract negotiations
- Ensure timely resolution of supply issues and implement root cause analysis and corrections to avoid future incidence
- Identify, evaluate, and manage supplier relationships
- Negotiate contracts, pricing, and terms with vendors
- Conduct market analysis to stay current on industry trends and cost drivers
- Manage risk and develop contingency plans for supply chain disruptions
- Manage end-to-end procurement of material and service categories
- Collaborate with maintenance, engineering, and operations teams to understand technical requirements and forecast demand
- Monitor vendor performance, resolve supply issues, and drive continuous improvement in procurement processes
Job Requirements:
- Bachelor’s degree in supply chain, business or engineering required
- Minimum of 8 years Purchasing experience in a large, multi-plant, fast-paced manufacturing environment required
- Experience supporting initiatives and processes targeted at improving operational and supply chain execution, customer service levels, and the optimization of the "total cost of ownership” (TCO)
- Strong knowledge of the strategic sourcing and procurement function and current best practices
- Experience managing buyer(s) and strategic sourcing in a manufacturing company
- Ability to develop negotiation strategies and successfully conduct negotiations for complex agreements
- Comfortable driving change and influencing across departments.
- Demonstrated ability to identify process gaps and build or improve systems.
- Proficiency in ERP systems (SAP, Oracle, etc.), procurement platforms, and data analysis tools (Excel, Power BI).
- Ability to analyze spend and drive decision-making with data.
- Clear track record of advancing from tactical/transactional roles to strategic procurement leadership.
- Strong leadership presence and ownership mentality.
- Comfortable driving change and influencing across departments.