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Senior Sourcing Manager

Rust-Oleum
7 hours ago
Full-time
On-site
Vernon Hills, IL, United States
Indeed

Job Title: Senior Sourcing Manager Location: Vernon Hills, IL Reports To: Sr Director Procurement Direct Reports/Manages others: Yes SUMMARY STATEMENT: At Rust-Oleum, we invent, innovate, and create industry-leading products that protect, beautify, and transform homes, businesses, and industries. The Senior Sourcing Manager is responsible for leading a small team, providing strategic and operational leadership within a sourcing category while ensuring alignment with organizational goals. This role translates business strategy into actionable plans, combines people leadership with day-to-day operational management to achieve achieve business goals and support organizational success. JOB RESPONSIBILITIES Lead and manage day-to-day operations strategy, planning, and execution. Establish team priorities and allocate resources effectively Monitor performance and ensure achievement of goals and objectives. Coach, mentor and develop team members. Support employee relations, engagement and performance management activities. Analyze data and performance trends to identify opportunities for improvement Implement process improvements that increase efficiency and effectiveness Collaborate with cross-functional partners to accomplish business objectives Ensure complain with company policies, procedures, and applicable regulations. Manage departmental projects and initiatives Prepare reports, metrics and presentations for leadership review. Monitor department performance through metrics and reporting. Lead sourcing projects within the category. Ensure regulatory and company policy compliance. Build relationships with internal and external stakeholders. Support organization and change initiatives LEADERSHIP RESPONSIBILITIES Directly supervise employees Conduct performance reviews and development discussions Set performance expectations and hold employees accountable Support hiring, onboarding, training, and retention efforts. Promote teamwork, communication, and employee engagement Lead Cost Reduction and identify margin enhancement opportunities. Coordinate with Packaging Engineer for Component specification management Conduct RFQ/Ps, evaluate supplier quotation and develop negotiation strategies Conduct or assist in supplier negotiations and act as mentor to others Collaborate closely with RPM Center Led Procurement to align overall strategy, negotation strategy and strategy execution Support revenue growth and develop supplier capabilities Secure supply and ensure supply risk mitigation Continuously develop supplier capabilities to improve performance and enable better product solutions for the future. Partner with Sales and Marketing to understand and support commercial needs Create supplier relationships that address and are suitable to business needs Supplier Relationship management Drive supplier performance and reliability Manage supplier pricing, rebates and contracts Build, review and implement supplier strategic depending on business need and market conditions. Facilitate escalation process when supplier performance is impacting service level to company’s customers. PRIMARY RESPONSIBILITIES Innovation and product cycle support (Project Management) : Collaborate closely with marketing, R&D, the plants and the project teams to support sourcing needs of the various projects in the pipeline. Other operational responsibilities Support plant management supply needs to minimize disruption to operations Prepare regular management reports such as E6, PPV, weekly updates, critical materials log, etc Work with legal and CLP in the contract life cylce management. Interface with other internal departments, including Finance, Legal, EHS, etc. to resolve issues relating to product cost, supplier payment terms, product safety and labeling issues and other regulatory requirements. Ensure prompt and accurate maintenance of ERP Source-to-Pay parameters assigned to procurement e.g. vendor master, Source List, PIR. Scope Leads a small team of 2-…

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