Sourcing Manager

Stryker•Greenwood Village, CO

1d•Hybrid

About The Position

The Sourcing Manager will be responsible for leading the development and implementation of strategies and goals for assigned commodities, aligning with overall divisional business objectives. This role involves formulating and implementing processes to establish a best-in-class strategic sourcing organization. The manager will lead cross-functional teams to create strategic commodity plans, consolidation strategies, and conduct spend/supply assessments, considering total product life cycle needs. Key responsibilities include leading sourcing analysis, selection processes, cost analyses, and make-vs-buy analyses. The Sourcing Manager will also be instrumental in developing contract strategies, negotiating, establishing, monitoring, and enforcing supplier contracts and agreements. Building strong partnership relationships with key suppliers and senior executive leadership at strategic suppliers is crucial. The role also involves identifying supply base risks, developing mitigation plans (including market assessments, supplier financial assessments, social responsibility, environment, and ethics), and communicating market condition information and technology trends. Utilizing market trends to implement cost controls and business strategy changes, and collaborating across functions, divisions, and campuses to develop sourcing strategies and manage supplier scorecards and business reviews are also part of the position.

Requirements

Bachelor's Degree in Supply Management, Business, Finance, Engineering or related field.
8 years in Supply Management with focus on strategic sourcing and supplier development.

Nice To Haves

SAP experience

Responsibilities

Lead the development and implementation of strategies and goals for assigned commodities in support of overall divisional business objectives.
Formulate and implement processes to build a best-in-class strategic sourcing organization.
Develop and lead cross functional teams and lead the process to create strategic commodity plans, consolidation strategy, and spend/supply assessments taking into account total product life cycle needs.
Lead sourcing analysis and selection process and performs cost analyses and make vs buy analyses as required.
Advise others on selection/cost analysis.
Lead development of contract strategy.
Negotiate, establish, monitor, and enforce supplier contracts and agreements.
Develop strong partnership relationships with key suppliers as well as other disciplines within the businesses.
Partner and develop relationships with senior executive leadership at strategic suppliers.
Identify supply base risk and develop/implement mitigation plans including market assessments, supplier's financial assessments, social responsibility, environment, ethics etc.
Obtain and communicate market condition information and technology trends related to commodities and suppliers.
Utilize market trends to identify and implement appropriate cost controls and business strategy changes.
Collaborate across functions, divisions, and campuses to develop sourcing strategies and key supplier scorecards and business reviews.
Organize and lead scorecard review meetings and business reviews.