Strategic Sourcing Manager

Overview

Lead sourcing strategy, supplier selection, negotiation, and cost optimization for materials/parts.

Key Responsibilities

• supplier selection
• category strategy
• contract negotiation
• risk mitigation
• va/ve
• cost optimization

Tasks

-Establish relationships with functional and divisional peers and leaders to ensure sourcing strategies align with our business goals and objectives. -Acquires a deep understanding of the supply markets that provide material, products, or services. Assesses the supply market, our current and future state to develop sourcing strategies and risk mitigation. -Utilize formal sourcing processes for category strategy, supplier selection, qualification, contracting and ongoing management. -Identifies and aggregates technical, commercial, risk, opportunity, and demand requirements for contract negotiation. Lead negotiation and execution of agreements. -Support and influence NPD (New Product Development) programs in a cross functional setting with product management, engineering, manufacturing, and quality. -Optimize cost and supply chains -Incorporate risk mitigation, LCC sourcing -Take charge individual with intensity and clear sense of urgency. -Lead the strategic sourcing process including supplier identification, selection, RFX, negotiation, supplier/contract negotiation. -VA/VE - Work closely with long term suppliers to manage this core supply base for productivity/cost down initiatives using VA/VE tools. -Maintain a working knowledge of the world-class supply chain process to ensure that existing processes are targeted to attain excellence versus industry benchmarks. -Develop and execute short and long-term sourcing strategies that support technical, quality and commercial requirements. -Develop exit strategies for suppliers that don’t meet SPX supplier standards -Work with the CoE regarding Supplier Management strategy and approach including Supplier Relationship Management, Performance Management, Issue Resolution, and the qualification of new suppliers -Regularly adapt sourcing strategies in relation to market trends and business requirements to enhance effectiveness

Requirements

• advanced excel
• erp
• negotiation
• bachelor’s
• supply chain
• presentation

What You Bring

-Process oriented and driven. -Solid negotiation skills. Competent at planning and leading negotiation. Demonstrated knowledge of manufacturing processes and project management skills. -Working environment will be fast paced and require management of several interrelated initiatives at the same time. The ability to set a clear vision, get resources aligned, and ensure commitment will be critical to success. -Subject Matter Expert for assigned category; uses knowledge/expertise of category to manage cost drivers, changing supply base, and market innovation to capture lower costs and/or high value alternatives to meet stakeholder needs -Proficient in Microsoft Office products, including advanced data functions in Excel, ability to translate data to decision making. -Out-of-the-box thinker, decisive; experienced in and capable of communicating the need for results and leading change with a variety of departments and teams. -A Master’s Degree in Business or a Technical field is preferred. -Understanding of supplier capabilities and the marketplace. -Travel is essential for success in this role to understand business needs as well as supplier site visits. -Minimum of a Bachelor’s degree in Business, Engineering, Materials Management or related field. -Well versed in commercial agreements – NDA, Master Supply, Intellectual Property -Technical acumen to bridge the gap between internal development and external supply base -5 to 8 years’ relevant work experience in global manufacturing companies with increasing responsibilities in a multi-site, multi-product, company. -Demonstrated ability to interface with executive and senior level management, both internally and externally. -Proven track record of meeting commitments with the highest standards of ethics and integrity. -Competent in ERP systems and end-to-end supply chain management processes (concept, planning, development, launch) -Proven track record in driving productivity and value-add through negotiations and supplier management. -Demonstrated experience and success working in a fast paced, matrixed environment satisfying multiple customers. Strategic planning/thinking skills, coupled with analytical and execution skills. -International experience strongly preferred. -Strong presentation skills and ability to articulate vision to a broad audience

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Benefits

-Competitive health insurance plans and 401(k) match, with benefits starting day one -Travel expected to be 25%+ -Competitive and performance-based compensation packages and bonus plans -Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave -Educational assistance, leadership development programs, and recognition programs

About Spx Technologies

-Founded with a focus on providing cutting-edge engineering solutions, the company has become a leader in industrial technology. -Specializing in sectors like energy, industrial, and infrastructure, they create impactful, customized solutions. -The company's portfolio includes equipment and services that support essential industries like energy generation, utilities, and water resources. -Known for their deep technical expertise, they excel in solving complex challenges that drive global industries forward. -A leader in advancing power and energy systems, including renewable and traditional energy sources. -With decades of experience, they have earned a reputation for quality and reliability in large-scale infrastructure projects. -Their engineers and designers consistently deliver innovative solutions that enhance the efficiency, safety, and sustainability of critical systems.

Sector Specialisms