What are the responsibilities and job description for the Strategic Sourcing Manager - Electrical position at Michael Page?
About Our Client
We are seeking a highly motivated and experienced Strategic Sourcing Manager - Electrical to lead the development and execution of sourcing strategies for electrical components, systems, and services. This role will ensure optimal cost, quality, and supply continuity while driving innovation and sustainability in the supply chain. The ideal candidate will collaborate cross-functionally with engineering, procurement, operations, and suppliers to deliver value-added solutions aligned with the company's strategic goals.
Job Description
- Develop Sourcing Strategies :
- Analyze market trends, supplier landscapes, and cost drivers to inform strategic decisions.
- Supplier Management :
- Develop and maintain strong supplier relationships, fostering collaboration and innovation.
- Conduct supplier performance evaluations and implement improvement plans as needed.
- Cost Management :
- Identify opportunities for cost reduction through value engineering, alternative sourcing, and supplier consolidation.
- Cross-Functional Collaboration :
- Support operations and procurement teams in resolving supplier performance issues and ensuring timely delivery.
- Risk Mitigation :
- Data and Reporting :
- Report progress and insights to senior leadership, ensuring alignment with organizational objectives.
- Education : Bachelor's degree in Supply Chain Management, Electrical Engineering, Business, or a related field. Master's degree or MBA is a plus.
- Experience :
- Proven track record of cost reduction, supplier development, and contract negotiation.
- Skills :
- Excellent negotiation, communication, and relationship management skills.
- Proficient in ERP systems, procurement tools, and Microsoft Office Suite.
- Certifications : CPSM, CSCP, or similar supply chain certifications are desirable.
Create and implement comprehensive sourcing strategies for electrical categories (e.g., wiring, panels, motors, circuit components, and power systems).
Identify, evaluate, and onboard suppliers to build a robust supply base that meets quality, cost, and delivery requirements.
Negotiate contracts, terms, and pricing to achieve cost savings while maintaining quality and supply reliability.
Partner with engineering and product development teams to align sourcing strategies with product specifications and innovation goals.
Develop and implement risk management strategies to address potential supply disruptions, regulatory changes, and quality concerns.
Monitor and analyze key performance metrics, including cost savings, supplier performance, and compliance.
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
The Successful Applicant
Minimum of 5-7 years of sourcing experience, with a focus on electrical categories.
Strong analytical and problem-solving skills with expertise in market analysis and cost modeling.
What's on Offer
Target compensation for the Strategic Sourcing Manager - Electrical is $100,000 - $120,000 base salary. Compensations is commensurate with candidate experience.
Contact
Clayton Hamilton
Quote job ref
JN-112024-6601105
Salary : $100,000 - $120,000