Sourcing Manager - Capital Equipment and MRO

Responsibilities

• Planner, strategist, and executor of Capital Equipment and MRO strategic sourcing and category management.
• Develops category business plans, performs global market and pricing analyses, and provides procurement support.
• Negotiates and reaches agreements with suppliers on complex business terms and conditions, including forecast processes, sourcing strategies, lead times, price reductions, and other strategic issues.
• Manages teams across various internal departments to address business and risk mitigation issues, including contract template standardization.
• Led negotiation teams with key suppliers, manages critical supplier lists, implements contract timelines, and reports contract statuses to teams and management.
• Monitors and manages periodic supply agreement changes and updates, oversees vendor management, category management, and cost savings for Capital Equipment and MRO.

Requirements

• Develops company strategic commodity objectives and goals.
• Advise management on alternate global supply sources, raw material costs, commodity pricing trends, and supply/demand situations impacting the business.
• Form teams with other departments (Procurement, Legal, Quality, Regulatory, and Development) to address business and risk mitigation issues.
• Manage forecast processes, sourcing strategies, lead times, price reductions, and other strategic issues with key suppliers.
• Manage critical supplier lists for contract implementation and timelines for completion.
• Reports contract status to teams and management.
• Monitor and manage critical contract review, extension, and termination terms and dates.
• Lead vendor management, category management, and cost savings for Capital Equipment and MRO.
• Perform periodic supply agreement changes and updates.

Experience/Education

• Typically requires 5 years of related experience with a Bachelor’s degree; or 3 years and a Master’s degree; or equivalent experience.
• Minimum of 3 years of experience related to Capital Equipment and MRO sourcing and/or contracting.

Pay

The estimated base salary range for the Sourcing Manager - Capital Equipment and MRO role based in the United States of America is: $98,400 - $147,600.