Strategic Sourcing Lead

our team • Elk Grove Village, IL

6d • Hybrid

About The Position

The Strategic Sourcing Lead is responsible for developing and executing sourcing strategies that optimize cost, mitigate supply risk, and ensure continuity of supply across critical categories. This role partners closely with Engineering, Operations, Finance, and Supply Chain to drive supplier performance, support business growth, and enable long-term value creation.

Requirements

• 3+ years of experience in strategic sourcing, procurement, or supply chain management.
• Proven experience leading complex negotiations and supplier strategy development.
• Strong analytical, financial, and contract management skills.
• Ability to influence cross-functional stakeholders without direct authority.
• Experience in manufacturing, electronics, or regulated industries preferred.

Nice To Haves

• Strategic thinking and execution.
• Supplier relationship management.
• Cost modeling and negotiation.
• Risk management and problem solving.
• Clear communication and executive presence.
• Strategic thinking and execution.
• Procurement or Sourcing experience in a manufacturing environment desirable.
• Strong experience with Microsoft Office (Excel, PowerPoint, Word, Outlook).
• ERP Systems

Responsibilities

• Develop and execute category-level sourcing strategies aligned with business objectives.
• Lead supplier selection, RFQ/RFP processes, negotiations, and contract development.
• Identify cost-reduction, value engineering, and total cost of ownership (TCO) opportunities.
• Build and maintain strong relationships with key suppliers and strategic partners.
• Assess and mitigate supply chain risks, including capacity, lead time, and geopolitical exposure.
• Drive supplier performance through KPIs, scorecards, and continuous improvement initiatives.
• Partner with Engineering and Operations on NPI, dual sourcing, and alternate qualification.
• Ensure sourcing decisions meet quality, compliance, and sustainability requirements.
• Provide clear data-driven insights and recommendations to leadership.
• Assist in placing purchase order.

Benefits

• Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
• Competitive health insurance plans and 401(k) match, with benefits starting day one
• Competitive and performance-based compensation packages and bonus plans
• Educational assistance, leadership development programs, and recognition programs

What This Job Offers

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