Indirect Sourcing Manager

Watts Water Technologies • North Andover, MA

99d

About The Position

We’re Watts. Together, we’re reimagining the future of water. We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource. What we do: For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead. As a key member of Watts Global Sourcing, the Indirect Sourcing Manager is responsible for establish and manage indirect sourcing strategy, internal stakeholders alignment, source selection & negotiation, as well as manage supplier relationship, ultimately, this person will be accountable to drive cost savings, cost avoidance through total cost of ownership (TCO) approach, ensure KPIs (key performance index) management, and drive control and compliance for assigned categories, such as MRO, office supplies, IT software and hardware, etc.

Requirements

• Bachelor's degree in business administration, sourcing, supply chain management, or similar is required.
• 7+ years of related Direct and Indirect Sourcing experience.
• 7+ years working in Indirect Materials and Services purchasing.
• Specific experience of establishing an indirect sourcing process in new/expanded areas is required.
• Require strong collaboration and leadership for assigned categories
• Understand sourcing selection process - RFP, SOW, KPIs; strong supplier management skills
• Be able to drive accountability with each site key stakeholders
• Great communicator for value proposition.
• Must be skilled in principles and techniques of negotiations, strategy planning and preparation, as well as contract writing.
• Ability to effectively manage multiple projects, duties and tasks concurrently and develop strong support relationships with functional leaders and key site operations personnel across all business units.

Nice To Haves

• MBA preferred.
• Experience working at a manufacturing company highly preferred.

Responsibilities

• Establish category strategies, execution plan for assigned categories including spend analysis and rationalization
• Being the subject matter experts of assigned categories on the supplier base, market trends, and cost drivers
• Design, tailor RFI/RFP, manage SOWs with internal stakeholder, follow source selection process to select service/product providers/suppliers
• Gain internal stakeholder alignment when applicable
• Define negotiation strategy and deal structure during source selection plan and execution
• Work with internal stakeholder, finance partners as well as site champion to establish supplier performance requirements (KPIs)
• Review supplier goals, performance and establish sustainable cost savings plan year over year
• Establish control and compliance to ensure enterprise wide compliance to utilize elected suppliers, minimize or eliminate agreement leakage, hence leverage savings
• Own overall supplier performance, savings, and agreements
• Able to work with site leadership, finance, site stakeholders to implement execution plan to achieve category goals and objectives

Benefits

• Competitive compensation based on your skills, qualifications and experience
• Comprehensive medical and dental coverage, retirement benefits
• Family building benefits, including paid maternity/paternity leave
• 10 paid holidays and Paid Time Off
• Continued professional development opportunities and educational reimbursement
• Additional perks such as fitness reimbursements and employee discount programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees