Sourcing Manager - The Toro Company

The Toro Company • Perry, OK

3d • $100,000 - $155,000 • Hybrid

About The Position

The Toro Company is seeking a Sourcing Manager to manage a team of Commodity Managers, Supervisors, and Specialists. This role is responsible for the development and execution of strategic initiatives and tactical procurement for assigned supply categories, including contract negotiation, supplier selection, and performance management. The Toro Company, founded in 1914 and based in Minnesota, is a global leader in providing equipment for environmental maintenance and prides itself on community involvement.

Requirements

• Bachelor’s degree required
• Minimum of 5+ years' experience in sourcing (Sourcing Manager I) or minimum of 7+ years’ experience in sourcing (Sourcing Manager II)
• Minimum 1-3 years' experience in supervising (Sourcing Manager I) or minimum of three 3+ years’ experience in supervising (with sourcing professionals preferred) (Sourcing Manager II)
• Demonstrated leadership skills including interpersonal relationship building, team facilitation, coaching and mentoring, performance management, and ability to provide both positive and constructive feedback
• Excellent written and verbal communication skills, able to clearly and concisely communicate information at multiple levels and capable of effective executive management presentations / communications
• Ability to adapt easily to change and work in a fast-paced environment
• Advanced contracting and negotiations skills – win/win approach, strategy and tactic development, knowledge of contracting principles, laws, regulations, and industry standards
• Possess a strong technical background, demonstrating a base level of mechanical understanding; ability to understand physical parts and components based on verbal descriptions or mechanical drawings
• Experience working with and understanding technical specifications, as well as a varied background in commodity areas (such as raw materials, castings, stampings, electronics, engines, etc.)
• Strong analytical capabilities coupled with solid business and financial acumen
• Proven supplier negotiation skills
• Strong experience with Microsoft Excel and Word, as well as with ERP planning systems
• Quick study-able to gain a fact based understanding of current supplier base, supplier economics, and major trends in relevant markets
• Passion for reducing costs
• Exhibits high energy and the enthusiasm to establish a new approach to sourcing
• Self-starter and independent worker-able to juggle priorities
• Willingness to travel up to 30% of total time, with ability to operate a vehicle
• Applicants must be legally authorized to work in the United States. We are unable to sponsor or take over sponsorship of a school/employment or any other visa, regardless of expiration date, now or in the future.

Nice To Haves

• MBA desired
• CPIM, ISM, NAPM, CPSM or APICS certification preferred
• Experience with SAP is a plus

Responsibilities

• Lead a team of Commodity Managers & Specialists in the development and implementation of category strategies coupled with strong tactical procurement execution to enable our businesses and factories to deliver on our customers’ expectations and achieve our commercial objectives
• Accountable for the overall supplier cost, quality, and delivery performance for assigned spend categories
• Coach and develop team
• Ensure team has tools, skill sets, processes, and training to accomplish goals
• Manage supplier relationships at executive and managerial levels and serve as an escalation point for commercial and operational sourcing issues
• Present on team performance in monthly and weekly cadence of reviews
• Develop and implement corrective action and mitigation plans where needed to deliver on KPIs
• Support team in regular quarterly business reviews with key suppliers
• Ensure team is leveraging procurement tools including SAP with best practices for efficiency, execution, and accuracy of procurement data
• Lead and/or approve sourcing events and award recommendations aligned to total cost decision making
• Analyze demand by facility, anticipate changes, and drive subsequent procurement activities
• Identify and launch procurement projects and initiatives to improve processes, analyze effectiveness, and drive results and compliance
• Build strong and resilient supply chains that are cost effective, high performing, and manage risk
• Keep well-informed of external factors that may affect our supply chain as well as changes in our business and technical needs to ensure our category strategies and supply base continue to evolve to enable our stakeholders’ success
• All other tasks and projects as assigned

Benefits

• Competitive salary
• Affordable and top tier medical/dental/vision plan
• 401k
• Onsite café, which serves both breakfast and lunch
• Caribou Coffee attached
• Complimentary use of our onsite fitness facility
• Variety of mental health and financial health resources
• 20 hours of paid time to volunteer in the community
• Summer Hours – Enjoy a flexible schedule during the summer!
• Flexible Work Arrangements – This team is currently implementing a hybrid work schedule.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager