Strategic Sourcing Manager

Job Description: Simco-Ion Industrial Group, located in Hatfield, PA , is the world's leading manufacturer of static control products, serving a wide range of industries since 1936. Built on decades of engineering expertise and innovation, we provide solutions that help customers address electrostatic challenges in manufacturing and technical environments. At Simco-Ion, employees are part of a team known for quality, reliability, and exceptional customer service, offering opportunities to contribute to innovative, technology-driven solutions. Job Summary The Strategic Sourcing Manager develops and executes sourcing strategies that support business objectives related to cost, quality, delivery, innovation, and supplier performance for both the Hatfield Industrial and Tech business units (SIMHD). This role is responsible for identifying sourcing opportunities, leading supplier negotiations, managing strategic supplier relationships, and driving continuous improvement initiatives across the supply chain. The Strategic Sourcing Manager collaborates with internal stakeholders and global sourcing teams to optimize total cost of ownership, mitigate supply risks, and ensure a sustainable and competitive supplier base. Job Duties Duties and responsibilities include, but are not limited to, the following: Strategic Sourcing & Cost Management Develop and implement sourcing strategies aligned with company objectives and Annual Operating Plan (AOP) targets. Lead, track, report, and validate sourcing savings and productivity results in collaboration with Finance, ensuring alignment with AOP commitments. Develop and maintain a forward-looking strategic sourcing pipeline, including identified opportunities, expected savings, timing, ownership, implementation status, and realized financial impact. Conduct spend analysis and identify opportunities for supplier consolidation, value engineering, and cost reduction. Evaluate total cost of ownership when making sourcing decisions. Perform an annual Market Rate of Demand (MRD) classification of parts by product line and annual spends. Support Customer Back Innovation (CBI) initiatives through sourcing and supplier optimization projects. Establish and maintain a regular sourcing review cadence to communicate project status, savings pipeline, supplier risks, key actions, and progress against sourcing objectives. Supplier Relationship Management Identify, evaluate, qualify, and develop strategic suppliers. Develop alternate and second-source suppliers for critical materials and components, including RFQ, evaluation, negotiations, qualification, validation, and implementation activities. Establish and maintain supplier partnerships focused on performance, innovation, quality, delivery, and cost KPIs. Monitor supplier performance and drive corrective actions and continuous improvement initiatives as needed. Risk Management Develop and implement supplier risk mitigation and business continuity plans. Monitor market trends, commodity pricing, industry developments, and supply chain risks that may impact the business. Develop contingency sourcing strategies to ensure supply continuity and minimize operational disruptions. Cross-Functional Collaboration Partner with Operations, Engineering, Quality, Finance, and Customer Service teams to align sourcing strategies with business requirements. Collaborate with ITW segment sourcing teams to leverage enterprise-wide sourcing opportunities and best practices. Support new product development and product transfer initiatives through supplier selection and sourcing expertise. Provide recommendations for make-vs-buy decisions and other strategic business initiatives. Leadership & Continuous Improvement Lead or participate in cross-functional (global) projects that improve supply chain performance and operational efficiency. Demonstrate leadership through collaboration, accountability, and continuous improvement. Promote a positive work environment consistent with ITW …

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