Strategic Sourcing Manager - Construction
About the role
The Strategic Sourcing Manager will lead and support the development, implementation, and management of sourcing strategies for assigned construction categories that optimize supplier partnerships, drive performance objectives, and provide Roers Companies with optimal flexibility, quality, delivery, and lowest total cost of ownership (TCO) for assigned categories.
This position will be expected to deliver value and competitive advantage to the business as measured by project execution, cost optimization, value improvement, innovation, risk mitigation, and supplier performance.
This key role within Roers Companies builds strong relationships with internal and external stakeholders and suppliers; plans, executes, and finalizes sourcing strategies for construction materials and subcontracted services; works closely with key stakeholders to identify and execute potential opportunities that drive value to the organization.
The Strategic Sourcing Manager will drive strategy development, cost management and reduction targets, and coordinate sourcing activities to support project initiatives. This role will work with cross-functional teams to create an efficient and innovative partnership across all functions and levels of the organization. This position is responsible for approximately $150M–$200M in construction-related spend across materials and trade partners, and reports to the Director of Purchasing.
Responsibilities
- Define and execute an annual sourcing calendar of key initiatives for assigned construction categories, based on business plans, project pipeline, stakeholder input, market conditions, and contract commitments
- Establish strong, collaborative relationships with internal departments and stakeholders to clearly define requirements for construction materials and subcontractor services with a focus on balancing operational needs, cost, quality, and schedule requirements
- Understand and track key input cost drivers and market factors for assigned categories, provide countermeasure concepts, forecasting, and maintain cost models and should-cost assumptions adapted to construction materials and services
- Provide category knowledge and market expertise for assigned spend and continuously learn construction materials, subcontracting practices, and industry best practices that deliver value to Roers Companies
- Enable sourcing value by leveraging market knowledge, supplier optimization, predictable pricing plans, RFx processes, and TCO cost modeling through transparent SRM practices
- Create and implement SRM programs including performance measures and scorecards, tracking and reporting supplier performance, conducting reviews, and taking corrective and recognition actions
- Establish SRM strategies to deliver against Roers Companies goals and achieve sustainable supplier and subcontractor relationships
- Apply best-in-class practices and trends to create forward-thinking category and SRM strategies, including the use of analytical tools and sourcing technology
- Execute and deploy sourcing strategies across construction categories and trade partner networks to create competitive advantage for Roers Companies
- Lead supplier negotiations with internal business partners in drafting and executing contracts that protect Roers Companies' interests while providing best overall value. Oversee contract structure, terms and conditions, and performance-based contracting with suppliers and subcontractors
- Aggressively seek opportunities for cost containment and/or improvement. Develop performance metrics, benchmarks, and utilize best practices sourcing within the construction category portfolio
- Lead cross-functional teams through the end-to-end sourcing process (identification through implementation) and coordinate engagement across preconstruction, construction, and procurement stakeholders
Requirements
- Bachelor’s Degree in Business, Supply Chain, Finance, Construction Management, or related field
- Minimum 8 years of strategic sourcing experience in direct or project-based categories (construction, manufacturing, or similar environments)
- Minimum 4 years of experience in developing, negotiating, and implementing various contract types (including supplier agreements or subcontractor contracts)
- Strong background working cross-functionally with multiple functions that drive business outcomes
Qualifications
- Strong interpersonal skills including collaboration and willingness to adapt based on feedback
- Demonstrated ability to build and maintain relationships across the organization while managing multiple priorities in a fast-paced project-based environment
- Strong verbal and written communication skills including ability to generate compelling presentations and recommendations
- High attention to detail and ability to manage multiple competing priorities simultaneously
Skills and Abilities
- General understanding of lean / Six Sigma principles
- Strong analytical and critical thinking skills
- Ability to operate in a dynamic environment and make decisions with incomplete information
- Global acumen and organizational agility, coupled with intellectual horsepower and effective negotiation skills
- Action oriented, driven by a passion for results, and thrive in fast-paced, dynamic environments