Global Sourcing Manager
Klein Tools · Lincolnshire, IL · 3 mo ago
Purchasing$90k–$115k/yrFull-time
Specific Responsibilities
- Optimize cost for assigned products, with an emphasis on cost reduction and margin improvement.
- Develop sourcing strategies and lead contract negotiations.
- Launch and support new product innovation and drive best practices across category.
- Develop multi-year category plans for various products including spend consolidation.
- Plan, organize, direct, control, and communicate all strategic sourcing activities related to assigned spend, from intent to purchase through delivery of commodity/service.
- Recruit, maintain and manage world-class suppliers with focus on total cost of ownership improvement.
- Drive spend analysis activities identifying strategic sourcing opportunities within assigned categories and throughout the Supply Chain environment where applicable.
- Prepare and review contracts, bids, proposals, and supplier agreements for legal correctness, terms/conditions, and acceptability of items to specifications.
- Prepare and present supplier scorecards and business reviews.
- Develop a system to evaluate supplier quotations that utilizes appropriate negotiation and sourcing strategies to ensure quality, price, delivery, and service across multiple global locations.
- Analyze market and delivery conditions to determine present and future material availability.
- Proactively establish and implement countermeasures to negative market trends and missed objective performance.
- Develop risk mitigation strategies and drive annual productivity (cost savings) projects to meet assigned targets.
- Negotiate effective cash and inventory management positions with suppliers.
- Perform other duties as required within the nature and level of work.
Job Qualification Requirements
- Bachelor's degree in supply chain or related field and five (5) years of procurement related experience are required.
- MBA preferred.
- CPM (certified purchasing manager) or CPIM (planning and inventory management) certification is a plus.
- Proficient in Microsoft Office (Word, Excel, PowerPoint, and Project).
- Demonstrated understanding of lean principles and demand flow techniques.
- Commodity and market expertise with a high level of technical competency.
- Project management, problem solving, and supplier management skills.
- Must be able to work and effectively communicate with all levels of the company and suppliers.
Physical Demand Requirements
- Occasionally required to stand, walk or sit; use hands to finger, handle or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch or crawl; talk or hear; taste or smell.
- The employee must occasionally lift and/or move objects up to 25 pounds.
- Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
- International travel is required.
Pay
This role has an annual salary range of $90,000-$115,000. In addition to salary, you’re eligible for competitive benefits that support you and your family as part of your total rewards package at Klein Tools Inc. Actual compensation is influenced by a wide array of factors, including, but not limited to, skills, experience, and location.