Demo

Strategic Sourcing Manager

TalentBurst, an Inc 5000 company
Indianapolis, IN Contractor
POSTED ON 2/14/2025
AVAILABLE BEFORE 3/14/2025

Sourcing Manager - Global OEM Delivery

Indianapolis, IN

12 Months

Onsite Position - Local Candidates only


Description:

The Sourcing Manager is responsible for the execution of Direct Procurement Delivery activities for the Sequencing portfolio of products as well as supplier management responsibilities (negotiating, contracting, performance management) for a group of large and complex suppliers in alignment with Category Management team. As a team member in the Direct Procurement Delivery team, the role is responsible for executing various value-add activities including, but not limited to, first-level escalation from business stakeholders, master data management, supplier performance management, and driving cost savings / continuous improvement initiatives to ensure maximum value-add to Operations.


The Sourcing Manager is responsible for ensuring all procurement requests are executed in line with category guidance, and in compliance with relevant policies, standards, guidelines, and operating procedures, including preferred supplier arrangements and contracting requirements. The Sourcing Manager works with Procurement and Business stakeholders to understand requirements, and execute the relevant procurement process by applying appropriate methodologies, tools, and value levers. To support value delivery, the role collaborates with the Category Management teams to address end-user requirements, and escalates opportunities for aggregation and leverage. Through continuous improvement methodologies, this role ensures consistent value-delivery through gaining operational efficiencies and driving optimal supplier performance. As part of the procurement process the role also collaborates with legal and / or contracting functions to support contracting activities such as the preparation and review of master agreements, statements of work, change orders, or similar documents.


The Sourcing Manager has extensive knowledge of business enterprise tools (e.g. SAP) and the overall procurement process / methodology, such as documenting requirements, conducting analysis and negotiations, and communicating with stakeholders and suppliers. The role has a strong understanding of internal stakeholder functions and requirements, and effectively translates business needs into procurement requirements.


By efficiently and effectively executing the procurement process end-to-end, the Sourcing Manager ensures that end user demand and expectations are satisfied. In addition to providing high levels of internal customer service, the role also contributes to overall savings opportunity identification and delivery.


Primary Responsibilities

  • Perform procurement operations activities - Execute procurement operations activities within Region or site ensuring a focus on efficiency, compliance, and the quality of customer service. This includes the following actions:
  • Understand end user requirements as received directly or indirectly.
  • Leverage the applicable category guidance documents and procurement
  • knowledge to determine the best method for driving value in meeting the
  • request.
  • Execute support requests, applying continuous improvement methodologies
  • where possible.
  • Ensure compliance to applicable policies, standards and operating procedures
  • in order to maintain the organization’s right to operate.
  • o Communicate the status, progress, and outcomes of procurement activities.
  • o Support the creation and review of relevant purchasing documentation.
  • Maintain information flows - Responsible for maintaining strong information flows back to the Category Management teams in the event of:
  • High-value or non-standard requests (i.e. those not covered by guidelines).
  • Opportunities to aggregate demand and generate additional leverage
  • Regular submission of operations data and requirements to develop new strategies
  • Apply sourcing process - Application of the sourcing process (RfIs, RfQs, RfPs) for the delivery of sourcing activity, incl. the application of eSourcing tools. Support the implementation of new processes, policies, and technologies.
  • Ensure contract compliance - Leads negotiations and contract drafting and is responsible to ensure all contracts with suppliers align to Category Strategy. Follow the defined processes to ensure contracts developed are compliant and effectively implemented at a global, regional and local level (as needed) including both terms and conditions and sign off procedures
  • Collaborate with support functions - Collaborate on an as-needed basis with relevant business support functions (e.g. Accounts Payable) to drive operational efficiencies and maximum value-add to the business.
  • Monitor targets and KPIs – Ensure that Direct Procurement Operations targets and metrics on customer service are delivered. Track and monitor these metrics where required, and escalate issues as they arise.
  • Corporate Social Responsibility (CSR) - Support CSR initiatives related to (candidate) suppliers, e.g. supplier diversity, anti-bribery, animal welfare, etc.
  • Training - Perform continuous professional development activities and ensure up to date training in processes and systems relevant to the position


Education, experience and skills

  • University degree, with Business related or Supply Chain degree preferable
  • Business level fluency in English
  • 5 years with procurement experience in strategic sourcing, global category management, complex procurement contracting and operational category efficiency projects
  • 7 years overall business experience, including working within a regulated industry for regulated categories with familiarity of relevant legal risks and issues
  • Proven financial and business acumen (i.e. total cost of ownership, cost modelling)
  • Experience or demonstrated understanding in supporting cost reduction and value improvement programs
  • Excellent communication skills and demonstrated understanding of translating business requirements into procurement specifications with customer service in mind
  • Change management and process improvement skills
  • Knowledgeable in systems and process for efficient management of contract documentation, templates and processing tools (e.g. eSourcing, eAuction)

Desired:

  • Documented international Strategic Sourcing or cost reduction experience
  • Experience in operational excellence or continuous improvement methodologies
  • Life/Sciences experience
  • Professional purchasing (e.g. CIPS, ISM) or Finance related licenses or certifications
  • Experience with enterprise systems and procure-to-pay tools and eSourcing tools
  • Competence or fluency in other sub-region languages is strongly encouraged
  • Travel requirements: Minimal 10%


Regards,

Lakshmi

Salary : $70 - $75

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Strategic Sourcing Manager?

Sign up to receive alerts about other jobs on the Strategic Sourcing Manager career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$127,992 - $173,181
Income Estimation: 
$167,085 - $235,574
Income Estimation: 
$144,983 - $187,977
Income Estimation: 
$167,085 - $235,574
Income Estimation: 
$167,085 - $235,574
Income Estimation: 
$203,978 - $284,843
Income Estimation: 
$76,575 - $97,677
Income Estimation: 
$96,881 - $126,079
Income Estimation: 
$144,983 - $187,977
Income Estimation: 
$107,573 - $143,172
Income Estimation: 
$127,992 - $173,181
Income Estimation: 
$144,983 - $187,977
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at TalentBurst, an Inc 5000 company

TalentBurst, an Inc 5000 company
Hired Organization Address Wilmington, DE Contractor
Title: LPN- Home Health Location: Wilmington, DE 19803 Duration: 13 Weeks Shift: SHIFT/HOURS: M-F, 8D GWW: 40 Weekend re...
TalentBurst, an Inc 5000 company
Hired Organization Address Newberry, SC Contractor
Dialysis Chronic Care Registered Nurse Title: Dialysis Chronic Care Registered Nurse (RN) 12 months or more of Recent Di...
TalentBurst, an Inc 5000 company
Hired Organization Address Tucson, AZ Contractor
Process Engineer Associate Tucson, AZ 24 Months Participates on and leads validations and projects within the manufactur...
TalentBurst, an Inc 5000 company
Hired Organization Address Sheboygan, WI Contractor
Chronic Registered Nurse Title: Chronic Care Registered Nurse (RN) 12 months or more of Recent Dialysis experience requi...

Not the job you're looking for? Here are some other Strategic Sourcing Manager jobs in the Indianapolis, IN area that may be a better fit.

Strategic Sourcing Manager

CPS, Inc., Fishers, IN

Senior Strategic Sourcing Manager, IT

Allied Solutions LLC, Carmel, IN

AI Assistant is available now!

Feel free to start your new journey!