Sr Strategic Sourcing Manager

Location: Memphis, TN | Language: English | Travel: up to 10%

About the role

The role is responsible for Buckman North America’s chemical spend and is a leader in setting and executing procurement strategies. The key focus will be on leveraging spend, negotiating with suppliers & utilizing strategic sourcing, category management and supplier performance management processes and tools to deliver maximum value while managing risk.

Responsibilities

• Outcome: Cost Savings and terms improvement through efficient portfolio management for direct materials (Raw Materials and PFR)

  Actions: Develop and implement sourcing strategies for Raw Materials and PFR categories, ensuring alignment with business objectives and maximizing supplier performance; Conduct RFPs, should-cost analyses, and market benchmarking to secure competitive pricing and payment terms, identify cost drivers, and uncover savings opportunities; Manage supplier performance, monitor contract validity, and lead strategic renegotiations to ensure favorable and sustainable commercial terms; Build and maintain strong supplier relationships, implementing SRM strategies to support long-term collaboration and performance improvement; Ensure accuracy and timely updates of commercial conditions and pricing in SAP, maintaining compliance with current agreements and procurement policies; Report portfolio performance, project progress, and cost-saving achievements to support data-driven decision-making on agreed cadence.

• Outcome: Procurement-led innovation and strategic advancement

  Actions: Lead cross-functional Strategic Sourcing projects, incorporating Total Cost of Ownership (TCO) and global collaboration; Monitor market trends, supplier innovation, and emerging technologies to introduce forward-looking procurement solutions; Conduct detailed market scoping and supplier assessments to uncover new sourcing opportunities; Analyze market dynamics and competitive intelligence to inform procurement strategies and support business innovation.

• Outcome: Anticipate and mitigate key business risks; retain business and global procurement alignment

  Actions: Continuously evaluate market conditions, supply chain dynamics, inflation, and demand shifts to assess their impact on cost structures, sourcing strategies, and material availability; Identify and assess financial, operational, strategic, compliance, regulatory, and environmental risks across the supplier base and broader supply chain; Monitor vulnerabilities such as geopolitical instability, cost volatility, and supply disruptions, evaluating both likelihood and potential impact; Develop and implement changes in approach or risk mitigation strategies based on evolving market conditions—including contingency planning, alternative sourcing, and supplier diversification—to ensure business continuity and safeguard operations; Integrate risk assessments into supplier evaluations and sourcing decisions to proactively manage exposure; Communicate actionable insights, risks and mitigation plans to internal stakeholders to ensure alignment, awareness, and preparedness across the organization.

• Outcome: Strategic supplier management for operational excellence

  Actions: Build and maintain strong relationships with local and international suppliers to ensure reliable delivery, resolve pricing, invoicing, quality, and delivery issues, and foster long-term collaboration; Develop and implement supplier development programs to enhance quality, performance, and compliance with company standards; Negotiate favorable terms that balance risk mitigation with service levels and pricing commitments; Monitor supplier performance using KPIs, audits, and regular reviews to ensure alignment with business objectives; Lead continuous improvement and innovation initiatives with suppliers to boost supply chain agility and competitiveness.

• Outcome: Suppliers Compliance with ISO Standards

  Actions: Qualify and evaluate suppliers according to ISO 9001 (Quality), ISO 14001 (Environmental), and ISO 45001 (Health & Safety) standards; Conduct supplier audits and manage corrective action plans to maintain