Manager, Strategic Sourcing

SRS Distribution•McKinney, TX

7d•Hybrid

About The Position

The Strategic Sourcing Manager is responsible for leading strategic sourcing initiatives and managing assigned indirect spend categories to deliver cost savings, supplier performance improvements, and operational value. Working in partnership with business stakeholders, this role executes sourcing strategies, manages supplier relationships, and supports procurement initiatives that align with business objectives. The Strategic Sourcing Manager develops expertise within assigned categories while applying strategic sourcing methodologies, market analysis, and negotiation skills to optimize supplier performance and total cost of ownership. Category responsibilities may evolve based on business priorities and organizational needs.

Requirements

Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
Minimum of three - five years of experience in procurement, supplier management, or related field.
Demonstrated negotiation, communication, and relationship management skills with the ability to influence and drive favorable outcomes in financial and legal agreements
Strong analytical skills and proficiency in utilizing reporting and analytics tools to evaluate supplier performance and market trends.
Detail-oriented with the ability to manage multiple priorities and projects concurrently in a fast-paced environment.
Strong ethics and commitment to upholding high ethical standards in all business activities.
Proficiency in Microsoft Office Suite, specifically Excel, and experience with enterprise resource planning (ERP) systems.
Experience leading competitive sourcing events and negotiating supplier agreements

Nice To Haves

Strategic Vendor Management: Proficiency in developing and executing vendor management strategies that align with corporate objectives, with a proven track record of enhancing vendor relations and ROI.
Negotiation Techniques: Familiarity with negotiation practices, with experience in contract negotiations demonstrating the ability to secure favorable conditions and terms on behalf of the organization.
Project Management Proficiency: Ability to manage multiple ongoing projects effectively using project management tools and methodologies, ensuring alignment with organizational goals and timely delivery.
Change Management Experience: Experience supporting cross-functional sourcing initiatives and influencing stakeholders
Technological Proficiency: Proficient in utilizing enterprise resource planning (ERP) systems, supplier relationship management (SRM) tools, and data analytics platforms to support strategic decision-making processes.
Innovation and Adaptability: Ability to lead initiatives focused on innovation and process optimization within supplier partnerships, showcasing adaptability in dynamic market conditions.
A Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
Certified Professional in Supply Management (CPSM)
Certified Supply Chain Professional (CSCP)
Certified Purchasing Manager (CPM)
Six Sigma Green Belt or Black Belt

Responsibilities

Develop supplier relationships that support operational performance, contract compliance, and continuous improvement
Lead supplier negotiations to achieve competitive pricing, favorable commercial terms, and service levels that support operational objectives
Execute category strategies that align with enterprise business objectives, operational requirements, and market conditions.
Analyze spend, supplier performance, market trends, and business requirements to identify sourcing opportunities and cost optimization initiatives.
Lead strategic sourcing events including RFIs, RFPs, RFQs, supplier evaluations, negotiations, and contract awards.
Support procurement initiatives across multiple indirect categories and shift focus as organizational priorities change
Develop subject matter expertise in newly assigned spend categories through stakeholder engagement, market research, supplier collaboration, and data analysis.
Establish and manage strategic supplier relationships through regular business reviews, performance scorecards, and continuous improvement initiatives.
Support the development and implementation of preferred supplier programs that improve compliance and enterprise value
Partner with branch operations, functional leaders, finance, legal, and other stakeholders to understand business needs and deliver sourcing solutions
Build and maintain comprehensive category intelligence including spend analytics, supplier segmentation, contract repository, market assessments, and sourcing pipeline.
Monitor supplier performance against established KPIs and implement corrective action plans when necessary.
Support annual budgeting and forecasting activities by providing category-specific market intelligence and cost projections.
Identify opportunities to standardize products, services, specifications, and purchasing processes across the enterprise.
Ensure procurement activities comply with company policies, ethical sourcing standards, and contractual obligations.
Support change management activities associated with supplier transitions, contract implementations, and process improvements.
Continuously evaluate market conditions, emerging suppliers, and industry trends to maintain competitive sourcing strategies.
Manage multiple sourcing projects simultaneously from opportunity identification through contract implementation
Monitor contract compliance and collaborate with stakeholders to resolve supplier performance issue
Identify opportunities for contract renewals, supplier consolidation, and process improvement