Sourcing Manager

Sourcing Manager

Who We Are:

Marketlab is a market leading healthcare solutions organization specializing in the design, manufacturing, and sourcing of private label products. It’s our mission to provide our healthcare partners timely solutions with a straightforward approach based on knowing them and their work. Every day we strive to positively impact the lives of the people who in turn impact the health and wellness of our communities. 

Based in Grand Rapids, Michigan, Marketlab’s success is built upon a foundation of collaboration, innovation, and the belief that every team member plays a vital role in creating an exceptional customer service experience.

The Opportunity:

The Sourcing Manager will be responsible for leading and executing domestic and global sourcing strategies across multiple product categories. This role focuses on optimizing the supplier base, ensuring cost competitiveness, quality assurance, and supply chain efficiency. The Sourcing Manager will collaborate with cross-functional teams including Product Management, Operations, Quality, Manufacturing, Distribution, Purchasing and Finance, to meet company objectives for cost reduction, risk mitigation, and supply continuity.

What you will do:

• Develop and Implement Sourcing Strategies: Lead the development of global and domestic sourcing strategies to meet cost, quality, and delivery targets.
• Supplier Relationship Management: Build and maintain strong relationships with key suppliers across the globe, negotiating contracts, pricing, and terms of service.
• Cost Optimization: Drive cost reduction initiatives through competitive bidding, negotiations, and supplier development while maintaining or improving quality and delivery standards.
• Risk Management: Identify and mitigate risks in the supply chain by ensuring a diverse supplier base, geographic diversity, and contingency planning.
• Cross-Functional Collaboration: Work closely with internal stakeholders in Product Management, Manufacturing, Quality, Distribution, Purchasing and Finance to align sourcing strategies with company goals.
• Contract Management: Negotiate long-term agreements and oversee contract management, ensuring compliance with all terms and conditions.
• Supplier Performance Monitoring: Establish KPIs and regularly evaluate supplier performance in terms of cost, quality, and delivery.
• Market Analysis: Stay current with market trends, commodity pricing, and global economic conditions to adjust sourcing strategies accordingly.
• Sustainability and Compliance: Ensure that all sourcing activities comply with legal, ethical, and environmental standards, and support corporate sustainability goals.
• Team Leadership: Mentor and guide buyers and procurement staff, sharing best practices and industry insights.

What you’ll need:

• Education: Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field. MBA or relevant master’s degree preferred.
• Experience: Minimum 7-10 years of experience in sourcing, procurement, or supply chain management, with a focus on both domestic and global sourcing.
• Proven track record of successfully managing supplier relationships, negotiating contracts, and delivering cost savings in a global supply chain.
• Experience in medical device industries, consumer goods and experience supply large medical device distributors. 
• Global Sourcing Expertise: Deep understanding of international trade, tariffs, customs, and import/export regulations.
• Strong negotiation and contract management skills.
• Proficiency in procurement software and tools (Netsuite, SAP)
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management capabilities.
• Outstanding communication skills, both written and verbal.
• Certifications: Certification in supply chain management (e.g., CPSM, CSCP, CPM) is a plus.

COMPETENCIES

• Job Knowledge - Knowledge of products, policies & procedures and importance of customer
• Quality of Work - Accepts responsibility for quality and timeliness of work.  Works to achieve a goal in spite of barriers or difficulties.  Adjusts focus when it becomes obvious that a goal cannot be achieved, redirects energy into related achievable goals. 
• Quantity of Work - Work output of employee, builds due dates into assignments, prioritizes and plans work, effectively manages obligations to ensure expected results and realistic action plans.  Holds self and others accountable to meeting targets.  Confirm that actions agreed upon have been taken.
• Attendance & Dependability - Individual can be depended on to report to work at scheduled time and seldom absent from work.
• Communication - Individual communicates effectively both verbally and written with superiors, colleagues and individuals inside and outside the company.
• Customer Focus - Proactively seeks and delivers information to assist with customers’ circumstances, problems, expectations and needs.  Builds positive rapport and cooperative relationships that influences the customer experience score.
• Decision Making - Recognizes issues, problems or opportunities and determines whether action is needed.  Includes others in decision-making process as warranted to obtain good information.
• Personal Development - Seeks and accepts additional responsibility for continuous learning and development.
• Teamwork - Conveys passion and rallies team members when challenged with a difficult goal.  Keeps focused and on track and resolves any interpersonal issues arising that may jeopardize team success.  Prompts others to contribute knowledge and information to assist the team.

Benefits: 

• ALL benefits are effective day one of employment
• Medical, Dental, Vision
• Generous PTO policy and paid holidays
• 401k match
• Flexibility with work from home
• Scholarship reimbursement 
• Paid parental leave 
• Paid short term disability leave
• Health and wellness program
• Employee discount program within our family of companies