Sourcing Manager

Penske • Reading, PA

2h

About The Position

The Sourcing Manager is responsible for developing and executing enterprise-wide
sourcing strategies that drive value, efficiency, and operational effectiveness.
This role establishes and maintains procurement processes, procedures, and
controls to ensure the consistent and compliant acquisition of goods and
services.

The Sourcing Manager leads the strategic procurement function, directly
negotiating and managing multi-million-dollar contracts with key suppliers.
Additionally, this position proactively identifies and engages suppliers, drives
competitive cost savings initiatives, and ensures the business’s supply and
service needs are met through strategic partnerships and sound sourcing
practices.

Responsibilities

• Develop and execute focused sourcing strategies by identifying opportunities, assessing current processes, establishing benchmarks and metrics, and recommending process and cost improvements aligned with business objectives.
• Lead the design, implementation, and continuous improvement of sourcing and procurement processes, including developing project plans, forming cross-functional teams, allocating resources, and driving execution.
• Manage supplier selection and contract negotiations, including RFP/RFQ processes, evaluation, award, and implementation of multi-year, multi-million-dollar agreements
• Establish and manage supplier performance programs by setting goals, defining KPIs, monitoring results, and driving continuous improvement in cost, quality, service, and risk management.
• Oversee the end-to-end procurement process and develop cost savings and value-creation initiatives to support financial and operational goals.
• Evaluate and introduce procurement technologies, tools, and best practices to improve efficiency, visibility, and scalability across the sourcing function.
• Partner with internal stakeholders to ensure sourcing strategies support business needs while maintaining compliance with company policies and controls.
• Perform other duties and projects as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed