Senior Strategic Sourcing Manager

Senior Strategic Sourcing Manager Summary: The Senior Strategic Sourcing Manager is responsible for establishing sourcing standards within our organization, ensuring the timely and cost-effective acquisition of goods and services. This role is accountable for developing and implementing sourcing strategies, managing supplier relationships, conducting supplier audits, analyzing data, and collaborating with teams to identify and build a robust supply base, ultimately aiming to improve processes and maintain suppliers providing high-quality products at a competitive cost complying with company budget. This position requires up to 25% travel, with occasional international travel. Essential Responsibilities and Duties: The Sourcing Manager is responsible for overseeing the sourcing process, ensuring the timely and cost-effective acquisition of goods and services. This role is accountable for developing and implementing sourcing strategies, managing supplier relationships, and ensuring compliance with company policies, industry regulations, and company budgets. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Supplier Relationships and Supply Base Management Serve as the main commercial contact for Oilgear’s key suppliers. Understanding their strengths, areas of improvement, and key points of contact to call when support is needed. Sort the supply base by spend, risk, and how hard the part would be to move, and keep a sourcing plan for each major commodity. Hold supplier business reviews on a set schedule, quarterly for the top suppliers, covering delivery, quality, cost, capacity, lead time, and open commitments. Visit supplier plants regularly. Understand their equipment, backlog, and how they operate, and build the kind of relationship that gets Oilgear moved up the schedule when it counts. Reduce the number of suppliers where it makes sense, add sources where Oilgear is too exposed, and resolve Procurement escalated concerns: allocation, capacity limits, price disputes, and quality holds. Stocking Agreements and Material Availability Find the parts Oilgear buys over and over, or waits too long for, and get them onto a stocking, consignment, kanban, blanket, or min/max agreement instead of a new PO every time. Negotiate favorable agreements: how much the supplier holds, what triggers a refill, how fast a release ships, price breaks, who owns the material, and what each side owes if demand drops or the part is discontinued. Give suppliers real usage and forecast data so they stock the right things, then hold them to the fill rate and release lead time they agreed to. Watch how each agreement performs. If usage has moved or the stock is aging, change the agreement or cancel it. Work with Procurement and Planning to get agreements set up correctly in Epicor: sourcing rules, ASLs, blankets, lead times, safety stock, and order modifiers. Cost, Negotiation, and Contracts Own the annual cost reduction target. Set goals by commodity, keep a pipeline of projects, and report progress monthly. Run RFQs and competitive bids. Build should-cost models and price benchmarks so Oilgear negotiates from its own numbers rather than the supplier's quoted price. Negotiate price, payment terms, tooling, minimum order quantities, lead time, and freight. Put long-term agreements in place on critical spend covering how long prices hold, how indexes and surcharges work, what capacity the supplier commits to, quality requirements, and how THI gets out. Stay ahead of material cost movement such as alloy indexes, surcharges, and tariffs, and bring a recommendation before it shows up on a quote. Supplier Development, Quality, and New Product Support Qualify new suppliers: assess capability, audit the plant, check the quality system, run first article and PPAP, and document the approval. Keep the supplier scorecard current on delivery, quality, responsiveness, and cost, review it with suppliers, a…

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