What are the responsibilities and job description for the Strategic Sourcing Manager position at The Lincoln Electric Company?
Strategic Sourcing Manager
Lincoln Electric is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. Lincoln Electric’s innovative solutions enable higher quality and productivity across a variety of processes including welding, cutting, brazing, machining, process automation, and field repair. The Company leverages proprietary technologies and expertise in materials science, power electronics, automation, and intelligent software to help customers build better and achieve resilience in their operations. Headquartered in Cleveland, Ohio, Lincoln Electric is the essential ‘Linc’ that keeps the economy running. The Company operates 71 manufacturing and automation facilities across 20 countries and serves customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com.
Location: Euclid - 22801
Employment Status: Salary Full-Time
Function: Supply Management/Purchasing
Pay Grade and Range: ASC060-M2 Min: $104,170.00 - Mid: $138,894.00
Bonus Plan: AIP
Target Bonus: 15.0
Employment Status: Salary Full-Time
Function: Supply Management/Purchasing
Pay Grade and Range: ASC060-M2 Min: $104,170.00 - Mid: $138,894.00
Bonus Plan: AIP
Target Bonus: 15.0
Position Summary
The Strategic Sourcing Manager is responsible for development of sourcing strategies, supplier management, and savings initiatives within a defined category or group of categories. This includes supplier relationship management, integration with business needs, and leading/participating in project initiatives that drive change.
Key Responsibilities
- Facilitate the development and maintenance of formal category strategies (as assigned).
- Manage sourcing events to deliver savings and service improvements.
- Facilitate cross-functional sourcing team meetings and support global sourcing council, led by Director.
- Participate in Global Sourcing Council, with representation from key stakeholders, to define business needs, sourcing objectives, and align across the functions. Utilize councils for input to category strategies and agreement on sourcing event supplier awards.
- Manage supplier selection (with input from global category council), supplier qualification, and performance tracking.
- Ensure timely execution of sourcing waves and alignment with procurement operations.
- Maintain accurate contract, pricing, and supplier data (if not delegated to Sourcing Specialists).
- Manage a team of sourcing specialists, who will support the sourcing events and execution with operational planning/buying.
- Identify supply chain risk (materials, suppliers), monitor market related forces, and define actions to mitigate potential issues proactively.
- Maintains supplier scorecards, leads business reviews.
Experience & Core Skills
- Bachelor’s degree (Procurement, Supply Chain, Business, Engineering field).
- 8-10 years in sourcing or procurement, including ownership of mid-size spend categories.
- Strategic sourcing methodology and category strategy development.
- Proven experience running complex RFx’s and contract negotiations.
- Cross-functional collaboration with operations, legal, finance, R&D, commercial.
- Understanding of cost drivers and tracking of global price indices
- Data-driven decision making using spend analysis.
- ERP and eSourcing platform expertise (SAP Ariba, Jaggaer, Oracle, Zycus).
- Communication, Collaboration, and Coordination with internal stakeholders.
Preferred Attributes
- Certification in Supply Management (CPSM from ISM, APICS)
- Deep category knowledge (e.g. metals, chemicals, raw materials in general)
- Demonstrated success in cost savings, supplier consolidation, and innovative outcomes
- Familiarity with TCO modeling, Should-Cost, or Clean Sheet analysis
- Change Management or Lean/Six Sigma certification (e.g. Green Belt)
- Exeperience in steel or metal mechanic industry
Key Performance Indicators (KPIs)
- Category-Level Cost Savings and Value Delivered
- % Spend with Preferred Suppliers and Contract Compliance
- Execution of Supplier Consolidation Roadmaps
- Supplier On-Time Delivery and Quality Scorecard Adherence
- Lead-Time Targets by Category (tracked quarterly)
Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.
Nearest Major Market: Cleveland
Job Segment: Database, ERP, Machinist, Oracle, Welding, Technology, Manufacturing
Salary : $104,170 - $138,894