Sourcing Lead

Thruway Fasteners, Inc. is one of the leading distributors of industrial products, supplying hundreds of original equipment manufacturers in 40 states and 28 countries. We help customers increase efficiency, drive growth, and rapidly respond to unique business challenges and opportunities. Thruway utilizes custom technology applications and vast industry specific knowledge to develop unique and flexible product management solutions. Headquartered in North Tonawanda, NY, Thruway has six branch locations across New York, Pennsylvania, and Georgia. POSITION SUMMARY: Thruway Inc. is seeking a proactive and results-driven Sourcing Lead to support and enhance our sourcing operations. This role is critical in ensuring product availability, competitive cost structures, and on-time delivery while building strong, strategic relationships with our supply chain partners. As a key member of the sourcing team, you will play an integral role in aligning suppliers with Thruway’s business goals and driving value across our organization. POSITION OVERVIEW: The Sourcing Lead leverages strong product knowledge and market insight to strategically align components with the right suppliers, optimizing quality, cost, and service outcomes. In this role, you will collaborate closely with the Sourcing Manager and Procurement team while also managing independent initiatives and projects. Your work will directly contribute to supplier development, process improvement, and overall supply chain performance. What You’ll Do: Partner with the Sourcing Manager to support daily operations and strategic sourcing initiatives Collaborate cross-functionally and independently manage key sourcing activities and projects Work with Procurement to develop suppliers that align with Thruway’s inventory and operational goals Help implement and validate sourcing systems and processes that drive efficiency and scalability Engage with suppliers through communication, meetings, and occasional travel Key Responsibilities: Identify, evaluate, and develop suppliers with a focus on quality, reliability, cost, and capacity Support sourcing strategies for corporate customer RFQs, including pricing, timelines, and supply planning Assist in benchmarking key product categories and driving competitive cost positioning Contribute to high-risk and complex RFQs, including new products and custom components Build and maintain strong supplier relationships to secure high-quality components at optimal total cost Ensure ERP data accuracy and continuously improve system integrity Partner with internal teams (Sales, Procurement, and Branch Leadership) to align customer requirements with sourcing strategies Support cost reduction initiatives through benchmarking and re-sourcing efforts Analyze and report on supply chain performance, identifying opportunities for improvement Continuously expand knowledge of industry standards, materials, coatings, and manufacturing processes PERFORMANCE METRICS: Success in this role will be measured by: Quote Success Rate: Driving RFQ wins and continuously improving win ratios Margin Improvement: Contributing to reduced costs, improved efficiencies, reduced scrap and increased profitability High-Risk RFQ Support: Enhancing accuracy and reducing response times Supplier Management: Maintaining effective Approved and Prospective Vendor Lists (AVL/PVL) Collaboration: Strong partnerships across sourcing, procurement, sales, and operations Inventory Support: Improving inventory turns and minimizing scrap and rework QUALIFICATIONS & SKILLS: We’re looking for a motivated professional who thrives in a fast-paced, collaborative environment and is eager to make a measurable impact. Required Skills & Experience: Strong communication and relationship-building skills Proven ability to manage multiple priorities and meet deadlines Experience with ERP systems (NetSuite preferred) Proficiency in Microsoft Office Suite Working knowledge of industrial and/or e…

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