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Sourcing Manager (Direct Category)
Sourcing Manager (Direct Category)S&C Electric Company • Chicago, IL, United States
Sourcing Manager (Direct Category)

Sourcing Manager (Direct Category)

S&C Electric Company • Chicago, IL, United States
30+ days ago
Job type
  • Full-time
Job description

As an S&C Electric team member, you'll work on projects that have real-world impact. You'll help transform the grid for resilient and reliable power worldwide. S&C has more than a 100-year history of innovation and has been 100% employee-owned since 2012. We continue this legacy as a trusted, forward-thinking leader in the electrical industry. You will advance a safer, more reliable, and more resilient electrical grid. Our products help the grid adapt to severe weather and transition to clean energy. We're big enough to be a respected industry leader but small enough for you to impact our company directly. Our commitment gives you opportunities to impact on and off the job positively.

Join S&C to make an impact on tomorrow's energy challenges and become an employee-owner

Hours :

8 : 00 am - 5 : 00 pm (Monday-Friday) Hybrid

Compensation :

At S&C, we are dedicated to providing competitive and equitable compensation for all our team members, and we are committed to transparency in our pay practices. The estimated annual base salary range for this position is $94,160 - $124,762. Individual pay within this salary range is determined by several compensable factors, including performance, knowledge, job-related skills and experience, and relevant education or training. This role is also eligible for S&C's annual incentive plan (AIP), subject to eligibility criteria.

Join Our Team as a Sourcing Manager!

The Sourcing Manager will be responsible for ensuring that the correct supply base is selected for each of the assigned commodities, while ensuring that cost reduction targets and supplier performance goals are met. The person will be tasked with ensuring that the longer-term relationships are solidified through long-term agreements or contracts, as well as inventory agreements. The individual will undertake commodity and industry benchmarking projects to ensure that S&C remains at a competitive advantage in the marketplace and will ensure that the global sourcing team is made aware of potential "best in class" suppliers.

Key Responsibilities :

  • Actively manage the performance of the commodity portfolio of direct material suppliers to ensure that all KPIs' are met.
  • Develop and implement a global sourcing strategy for each of the categories / commodities based on industry and market trends and conditions, and continue to assess in the medium / long-term (3-5 years) horizon.
  • Perform Supplier Development action plans / improvement plans through regular business reviews with the suppliers.
  • Ownership of Supplier Business Reviews (SBR).
  • Plan and conduct strategic and tactical negotiations related to supply and purchase agreements with a view to mutual benefits and success.
  • Lead supplier evaluations and communicate the results to the supplier, internal customers and the leadership team.
  • Assess new suppliers for business fit, financial stability and ensure that they will provide best overall value to S&C.
  • Lead and / or participate in a formal Category Management process.
  • Develop long-term project plans to increase the number of qualified suppliers on the S&C Approved Supplier Matrix (ASM).
  • Ensure that only ASM-Q suppliers are used in supplying S&C with materials.
  • Using Net Cost reporting, ensure that market inflation / deflation is understood in each portfolio and develop, where required, mitigation plans.
  • Ensure the use and promotion of ASM-Q suppliers on NPD (New Product Development) projects and look to mitigate supply chain risk if identified.
  • Negotiate prices and make contract commitments with established and new suppliers.
  • Conduct regular comprehensive commercial audits and financial review of the supply base.
  • Escalation management and conduit from supplier to senior management team.
  • Ensure that all sourcing project plans are updated and maintained on a regular basis.

What you'll Need To Succeed :

  • Degree in business or technical discipline. MBA or current certification by ISM (CSM / CPSM) or APICS CSCP would be beneficial.
  • Work experience in a similar capacity managing direct material category, preferably in a mechanical manufacturing or heavy industrial manufacturing environment.
  • Work record showing the ability to conceive and implement strategic sourcing initiatives and assure their long-term success.
  • Demonstrated experience leading and participating on cross-functional global teams.
  • Experience with and understanding of manufacturing processes for industrial products and components.
  • Excellent written and verbal communication skills, including personal and group presentations.
  • Highly skilled in the use of business technology and communication tools
  • Excellent working knowledge of MS Office
  • Ability to travel domestically or internationally 35% of the time.
  • Physical Effort :

    Normal or frequent minor physical effort is required for the day-to-day activity in the workplace. May involve standing, sitting, walking, climbing stairs and lifting / moving / using objects or equipment up to 5kg / 11lbs

    S&C Electric is committed to equal-opportunity employment. All employees and applicants will be considered without regard to age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. If you are an individual with a disability and need an accommodation to complete the application, please email us at TAsupport@sandc.com .

    No fixed deadline.

    #LI-DB1

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    Sourcing Manager • Chicago, IL, United States

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