Sourcing Manager
About the role
If you're looking for a career that will provide a challenging work environment and many opportunities to learn, our company is the place for you. Join our team and become part of a company full of exciting opportunities. We help employees achieve their personal best by offering many opportunities that develop and enhance their skills for career advancement. At FastTek Global, Our Purpose is Our People and Our Planet . We come to work each day and are reminded we are helping people find their success stories . Also, Doing the right thing is our mantra . We act responsibly, give back to the communities we serve and have a little fun along the way. We have been doing this with pride, dedication and plain, old-fashioned hard work for 24 years ! FastTek Global is financially strong, privately held company that is 100% consultant and client focused . We've differentiated ourselves by being fast, flexible, creative and honest . Throw out everything you've heard, seen, or felt about every other IT Consulting company. We do unique things and we do them for Fortune 10, Fortune 500, and technology start-up companies.
Responsibilities
- The Sourcing Manager negotiates with suppliers to obtain materials and services at the best prices (total cost of ownership) by developing and implementing strategies for cost reduction, supplier consolidation, quality improvements and process efficiencies.
- Using strategic sourcing strategies and extensive knowledge of their commodity industry, we assist in effecting more efficient sourcing processes to save costs and maximize profitability.
- Plays a crucial role in the Consumers Energy daily operations.
- Completes non-strategic service and material purchase requests by verifying specifications and/or scope of work; determining if a Request for Information (RFI), Request for Proposal (RFP) or Request for Quote (RFQ) is needed; administer the (RFI, RFP or RFQ); negotiate cost effective agreements with key suppliers based on our core values of procurement safety/quality/cost/delivery/morale.
- Work with our suppliers, internal stakeholders and Legal council to negotiate contractual terms and conditions reducing risk to the company.
- Sourcing Manager negotiates favorable terms with the supplier (driven by company standards) until agreement execution.
- In addition, coordinate contract change requests as needed.
- Collaborate with Supplier Quality and Performance, Strategic Sourcing and Business Partners to develop suppliers, improve effectiveness and drive down costs.
- Support the framework, metrics, and goals for continuous improvement to achieve process excellence and stay current with industry innovations.
- The Sourcing Manager works with department Managers, in the development of leading practices for procurement and issue resolution throughout the organization.
- Use appropriate verification techniques (portfolio analyses, market/competitive data) not only to manage contractual obligations, but also to identify opportunities for cost savings.
- Manage relationships with key internal stakeholders and suppliers in order to procure high quality products and services that are delivered on-time, within scope and within budget.
- Proactively manage contracts to fully executed status (includes spend and end dates).
- Ensure commercial, legal and contractual compliances in all procurement transactions including company processes, policies and procedures.
- Other non-essential duties as assigned or may