What are the responsibilities and job description for the Sourcing Manager position at Stoughton?
Essential Duties and Responsibilities
- Develop and implement global sourcing strategies for key categories
- Develop & execute supplier contracts in alignment with our financial objectives.
- Identify, implement, and obtain cost reduction, lean and continuous improvement initiatives.
- Identify and develop supplier relationships & supplier performance with a strong focus on flexibility/ agility, quick response times, process flow efficiency, product quality, on time commitments, distribution excellence and supplier reliability.
- Assess, communicate, and mitigate risks to the business and our supplier relationships.
- Maintain current expertise in supply market dynamics & supplier classification.
- Analyze and provide recommendations/ decisions that will support continuous improvement & cost effectiveness of product delivery via current suppliers by providing strong supporting data.
- Monitor supplier score cards that provide an objective view of our supply base and implement corrective actions as required.
- Drive and implement new product and cost savings initiatives in a cross functional team setting
- Strong leadership and managerial capabilities with an emphasis upon employee development and succession planning.
- Complies with all company policies and procedures.
- Work and communicate in a team environment.
- Other duties may be assigned as required by the Company.
Above is a list of the most important responsibilities and functions, which are essential to the position. Employees must be able to perform these essential functions satisfactorily with or without reasonable accommodation. Accommodations will be evaluated and provided to eligible employees on a case by case basis, depending on the employee's medical restrictions, work availability, the nature of the position, the position's essential functions and other relevant factors.
Qualifications
- Education: Bachelor’s degree in Supply Chain Management, Business, Engineering, Operations Management or related field (MBA preferred).
- Knowledge, Skills, & Abilities
- 5 years of experience in the Purchasing field or in a related area
- Experiences in a variety of procurement concepts, practices, and procedures
- Solid communication skills external and internal to the organization
- Strong negotiation, analytical, financial acumen and project management skills
- Experience with ERP systems and sourcing tools (Infor, Syteline
- Knowledge of international trade, logistics, and contract law.
- Ability to travel domestically and internationally as needed