What are the responsibilities and job description for the Sourcing Manager position at Phillips Industries?
The Sourcing Manager is responsible for developing and implementing strategic sourcing initiatives to efficiently procure goods and services from global suppliers. This role involves identifying, evaluating, and negotiating with suppliers worldwide to ensure the highest quality products, optimal pricing, and reliable delivery schedules. The Sourcing Manager will collaborate with internal stakeholders to understand business requirements, mitigate risks, and drive continuous improvement in the supply chain.
Key Responsibilities :
- Identify and evaluate potential suppliers worldwide, conducting supplier assessments, due diligence, and performance evaluations to ensure compliance with quality, cost, and delivery requirements.
- Negotiate supplier agreements, contracts, and pricing terms to achieve favorable terms and conditions, including volume discounts, payment terms, and service level agreements.
- Collaborate with cross-functional teams, including Procurement, Engineering, Quality Assurance, and Logistics, to align sourcing strategies with business objectives and project timelines.
- Manage supplier relationships, fostering collaboration, communication, and continuous improvement initiatives to drive mutual success and innovation.
- Monitor market trends, supplier capabilities, and geopolitical factors to identify potential risks and opportunities in the supply chain, developing risk mitigation strategies as needed.
- Conduct regular supplier performance reviews, tracking key performance indicators (KPIs) such as quality, delivery, cost, and responsiveness, and implementing corrective actions as necessary.
- Leverage data analytics and supplier management tools to analyze sourcing data, identify cost-saving opportunities, and drive informed decision-making.
- Ensure compliance with regulatory requirements, industry standards, and corporate policies related to global sourcing, ethical sourcing, and supplier diversity.
- Stay informed about emerging trends, technologies, and best practices in global sourcing and supply chain management to drive innovation and maintain a competitive edge.
Travel Requirement : 50-75% travel between California and Mexico, with occasional international travel as needed.
Qualifications :
