Strategic Sourcing Manager

Overview

Leads strategic sourcing, cost reduction, and supplier negotiations for direct/indirect spend

Key Responsibilities

• strategic sourcing
• cost reduction
• supplier negotiations
• policy compliance
• process improvement
• contract management

Tasks

-Execute, leverage, and deploy sourcing levers across all spend categories to create a competitive advantage for Loram and deliver innovative business solutions. -Lead a team of Sourcing professionals to achieve clear, high attainable standards and goals including year over year cost reductions while ensuring compliance with company legal and risk guidelines. -Develop, execute, and maintain the annual strategic sourcing plans including preparation of supply and demand profiles, and measurement of department performance against standards and benchmarks. -Align Loram practices with best-in-class Strategic Sourcing standards. Lead critical sourcing events and strategic sourcing projects to deliver value to Loram. -Implement joint process improvement programs with strategic suppliers by assessing the success of current processes and programs; and identifies opportunities for improvement. -Influence suppliers' manufacturing processes, technology decisions, and policies in ways that are mutually beneficial and sustainable for both organizations by leveraging the growth of Loram’s spend. -Develop, execute, and maintain strategic sourcing related policies and enforce compliance of policies. -Identify and achieve year-over-year cost reduction strategies by leveraging market knowledge, industry trends, supplier optimization, predictable pricing, and TCO modeling (price, cost, demand & value). -Design and execute an end-to-end roadmap for Strategic Sourcing on direct/indirect spend for major commodities including opportunity analysis, strategy development, evaluation, and SRM for Loram. -Influence relevant business functional decisions throughout the company to achieve the highest level of contribution to profit, growth, and competitive advantage utilizing leading Sourcing principles. -Lead all aspects of supplier negotiations with internal business partners to draft and execute contracts that protect the business interests of Loram, while providing the best overall value. -Establish mutual KPI goals with functional leaders that align strategic sourcing goals to business needs. -Oversee and advise on contract structure, Terms and Conditions, and performance-based contracting with Suppliers.

Requirements

• six sigma
• lean
• erp
• powerpoint
• masters
• cpm

What You Bring

-Office deskwork, requiring sitting, walking, using phone & computer. -Demonstrated skill in developing and executing SRM and leading complex negotiations to successful outcomes. -A proven track record of cost reduction and productivity improvements; ability to motivate and drive change while building solid relationships with internal clients and external Suppliers. -May include up to 20%-30% travel domestically and potential for international travel. -Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment. -Strong interpersonal and leadership skills including the ability to influence all levels of internal and external organizations through effective communication, presentation, and persuasive positioning. -Minimum 8 years’ experience in increasingly broader procurement/sourcing roles. -Experience developing and leading Strategic Sourcing functional strategies. -Highly proficient in all Microsoft applications, including advanced PowerPoint skill (Building high quality decks), general ERP systems (IFS), Six Sigma and or LEAN certified. -Masters is a plus. Professional Certification (CPM/CSPM/APICS) is strongly preferred. -Minimum 7 years’ leadership within a Procurement/Sourcing function. -Ability to work with all levels in organization including legal counsel to negotiate contract terms and conditions. -Confident problem solver with quick decision-making capability and conflict resolution skills, self-motivated, proactive individual who will constantly seek improvement opportunities.

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About Loram Maintenance Of Way, Inc.

-Revolutionized track maintenance by automating ballast cleaning. -Expanded into rail grinding, inspection, geotechnical services, friction management, and OEM equipment manufacturing over decades. -Operates advanced computer-guided grinders for rail grinding and inspection worldwide. -Projects include deep ballast cleaning, rail profile restoration, material handling, and structural monitoring. -Introduced Railvac trench-cleaning cars and data-driven digital inspection platforms in the 2000s. -Absorbed Rail Vehicle Engineering in 2016, creating Loram UK for heavy overhaul and rolling-stock services. -Grinding trains feature built-in firefighting systems and on-site crew accommodations.

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