Strategic Sourcing Manager
About The Position
The Strategic Sourcing Manager is a foundational role at GMI Solutions that involves overseeing our organization’s procurement strategies for existing business, in addition to partnering with new business development when needed, with heavy emphasis on supplier management, cost savings, negotiation of supplier agreements and inventory management. By collaborating closely with our sales, engineering, quality, manufacturing and finance groups, this position will be responsible for price negotiation, optimizing costs and efficiency, ensuring favorable terms are met, working on inventory agreements along with on-time delivery and quality output. Reporting directly to the VP of Business Operations this position will leverage their procurement expertise and supplier management to ensure all commercial agreements are met with the external supply base and ensuring that the purchasing team is meeting all procurement objectives. This role demands a proactive and strategic mindset, solid business acumen, as well as excellent communication skills, to effectively communicate the needs of our end customers to the supply base. The ideal candidate for this position should possess a strong background in cost savings/price negotiation, supplier management and procurement best practices, as well as a proven track record of successful negotiations, inventory management and long-term vision for the purchasing team. Overall, this challenging yet rewarding role offers a unique opportunity for an experienced professional to make a significant impact on the organization's growth and success, while fostering collaboration and innovation across various departments.
Requirements
- Bachelor’s degree in Supply Chain Management, Business Administration or related field with minimum of 7 years of experience in sourcing, procurement or supply chain with focus on leading teams
- Strong communication skills for effective interactions with suppliers, co-workers, and customers.
- Excellent multitasking ability with a positive and proactive attitude for program success.
- Highly adaptable to changing requirements and proactive in problem-solving.
- Demonstrates leadership, supply chain management skills, and exceptional organizational capabilities.
- Proficient in MS Office, especially Excel, and able to work closely with cross-functional teams.
- Excellent oral and written communication skills for professional interactions.
- Willingness to provide assistance to other projects and departments as needed, utilizing strong supply chain skills
- Open to learning and developing new competencies for personal and organizational growth.
- Experience in leading a team of professionals
- Occasional willingness to travel domestically and internationally, as required.
Nice To Haves
- Additional certifications in the area of expertise are preferred.
Responsibilities
- Strategic planning of the procurement strategies that align with GMI Solutions business objectives.
- Supplier management which includes evaluating and ensuring quality and timely deliveries.
- Monitoring and owning inventory management levels and supplier agreements
- Leading and mentoring the purchasing team, providing guidance and ensuring KPIs are being met
- Cost savings identification and execution
- Building and maintaining strong relationships with suppliers
- Leading freight supplier management with cost review and reduction
- Lead, define, and implement continuous improvement activities for the Procurement team
- Utilize data analytics for decision-making and process optimization.
- Support new business needs when required
- Contribute and support Key Performance Indicators for Procurement
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What This Job Offers
Job Type
Full-time
Career Level
Manager
