Sourcing Manager

Job description:

• The Global New Product Development Sourcing Manager is responsible for leading sourcing and procurement strategies that support new product development, cost reduction initiatives, and operational excellence across global supply networks.
• This role oversees supplier selection, contract negotiation, and strategic sourcing activities for key manufacturing projects, ensuring cost, quality, and delivery objectives are met.
• The position plays a critical role in aligning sourcing strategies with business objectives, plant operations, and global supply chain initiatives to drive sustainable growth and profitability.

Essential/Key Functions:

• Develop and execute project sourcing strategies to support new product launches, capital investments, and process improvement initiatives.
• Partner with engineering, operations, and plant leadership to define sourcing requirements for raw materials, components, and services.
• Identify, evaluate, and qualify global suppliers to ensure capability, capacity, and compliance with quality and safety standards.
• Negotiate contracts, pricing agreements, and long-term partnerships to drive cost savings and mitigate risk.
• Partner with Strategic Category Managers to align new suppliers with global category strategies.
• Work with Supplier Development team to successfully onboard new suppliers and ensure they meet Milacron expectations.
• Manage supplier performance through KPIs, scorecards, and regular business reviews.
• Lead cross-functional sourcing initiatives to optimize cost, improve supplier innovation, and ensure on-time delivery.
• Monitor market trends, supply chain risks, and commodity pricing to develop proactive sourcing strategies.
• Support plant operations by resolving supplier-related issues, managing escalations, and ensuring business continuity.
• Champion sustainability and ethical sourcing practices aligned with corporate responsibility goals.
• Provide leadership and mentorship to sourcing team members (if applicable).

Competencies:

• Strategic Thinking & Business Acumen
• Negotiation & Influencing Skills
• Supplier & Stakeholder Relationship Management
• Data-Driven Decision Making
• Project Management & Execution
• Adaptability & Problem-Solving

Minimum (Required) Qualifications:

• Bachelor's degree in Supply Chain Management, Business, Engineering, or related field (Master's preferred).
• 7 years of procurement, sourcing, or supply chain management experience in a manufacturing environment.
• Strong negotiation, contract management, and supplier relationship management skills.
• Experience with global sourcing, supplier development, and risk mitigation.
• Knowledge of ERP/MRP systems and supply chain analytics tools.
• Excellent communication, project management, and cross-functional collaboration skills.
• Ability to work in a fast-paced environment with global stakeholders.
• Professional certifications (CPSM, CPIM, PMP, or similar) a plus.