Strategic Sourcing Manager

ITW•Hatfield, MN

About The Position

Simco-Ion Industrial Group is a manufacturer of static control products serving industries since 1936. The Strategic Sourcing Manager develops and executes sourcing strategies for the Hatfield Industrial and Tech business units (SIMHD), supporting business objectives for cost, quality, delivery, innovation, and supplier performance. The role identifies sourcing opportunities, leads supplier negotiations, manages strategic supplier relationships, and drives continuous improvement across the supply chain. It collaborates with internal stakeholders and global sourcing teams to optimize total cost of ownership, mitigate supply risks, and maintain a sustainable, competitive supplier base. The position also leads cost-management work, validates savings with Finance, develops the sourcing pipeline, and manages supplier qualification, performance, and continuity planning. It partners with Operations, Engineering, Quality, Finance, and Customer Service, as well as ITW segment sourcing teams, on sourcing decisions, new product development, product transfers, and enterprise-wide opportunities. The role promotes accountability, continuous improvement, ethical sourcing, and compliance with company policies and applicable regulations. The role is based in Hatfield, Pennsylvania. It involves extended computer and desk work, occasional standing, walking, and bending, and domestic and international travel as business needs require.

Requirements

At least 4 years of experience in strategic sourcing, procurement, supply chain, or supplier management in a manufacturing environment.
Proven track record of leading sourcing initiatives and achieving measurable cost savings.
Experience negotiating supplier contracts and managing strategic supplier relationships.
Strong analytical, financial, and problem-solving skills.
Ability to conduct spend analysis and evaluate total cost of ownership.
Excellent communication, presentation, and negotiation skills.
Proficiency in ERP systems, purchasing software, and Microsoft Office applications.
Ability to manage multiple priorities and drive results in a fast-paced environment.

Nice To Haves

Bachelor’s degree in supply chain management, Business Administration, Engineering, Finance, or a related field is preferred.
Experience in a lean manufacturing and continuous improvement environment is preferred.

Responsibilities

Develop and implement sourcing strategies aligned with company objectives and Annual Operating Plan targets.
Lead, track, report, and validate sourcing savings and productivity results in collaboration with Finance.
Maintain a forward-looking strategic sourcing pipeline documenting opportunities, expected savings, timing, ownership, implementation status, and realized financial impact.
Analyze spending and identify supplier consolidation, value engineering, and cost-reduction opportunities.
Evaluate total cost of ownership in sourcing decisions.
Perform annual Market Rate of Demand (MRD) classification of parts by product line and annual spend.
Support Customer Back Innovation initiatives through sourcing and supplier optimization projects.
Establish a regular sourcing review cadence covering project status, savings pipeline, supplier risks, key actions, and progress against objectives.
Identify, evaluate, qualify, and develop strategic suppliers.
Develop alternate and second-source suppliers for critical materials and components, including RFQs, evaluation, negotiations, qualification, validation, and implementation.
Establish supplier partnerships focused on performance, innovation, quality, delivery, and cost KPIs.
Monitor supplier performance and drive corrective actions and continuous improvement.
Develop and implement supplier risk mitigation and business continuity plans.
Monitor market trends, commodity pricing, industry developments, and supply chain risks that may affect the business.
Develop contingency sourcing strategies to ensure supply continuity and minimize operational disruptions.
Partner with Operations, Engineering, Quality, Finance, and Customer Service to align sourcing strategies with business requirements.
Collaborate with ITW segment sourcing teams to leverage enterprise-wide sourcing opportunities and best practices.
Support new product development and product transfer initiatives through supplier selection and sourcing expertise.
Provide recommendations for make-versus-buy decisions and other strategic business initiatives.
Lead or participate in cross-functional global projects that improve supply chain performance and operational efficiency.
Demonstrate leadership through collaboration, accountability, and continuous improvement.
Promote a positive work environment consistent with ITW Values.
Ensure compliance with company policies, ethical sourcing practices, and applicable regulatory requirements.