Strategic Sourcing Manager
Join a market-leading medical equipment manufacturer known for its innovation, quality, and commitment to improving patient outcomes. With a strong global footprint and a collaborative culture, the company is investing in strategic procurement to support growth, improve cost efficiency, and strengthen its supply chain resilience.
About the Role
As Strategic Sourcing Manager, you'll be a key player in shaping the company's procurement strategy. You'll lead efforts to identify and onboard best-cost suppliers, manage vendor relationships, and drive cost savings across direct material categories. This is a high-impact, hybrid role offering flexibility and visibility across the organization.
You'll work closely with cross-functional teams-including engineering, operations, quality, and finance-to align sourcing decisions with product development, manufacturing needs, and business goals. Your work will directly influence product cost, supplier performance, and supply chain agility.
Key Responsibilities
Strategic Supplier Management
- Evaluate, select, and onboard suppliers for raw materials such as steel, metals, plastics, and other direct components.
- Negotiate master supply agreements, long-term contracts, and pricing structures.
- Conduct quarterly business reviews with key suppliers to assess performance and drive continuous improvement.
Sourcing Strategy & Category Management
- Develop and execute sourcing strategies for assigned categories, balancing cost, quality, and risk.
- Lead supplier consolidation initiatives to streamline the supply base and improve leverage.
- Monitor market trends and proactively identify new sourcing opportunities.
Cost Reduction & Value Creation
- Achieve annual cost savings targets through strategic sourcing, value engineering, and supplier collaboration.
- Partner with finance to track savings and ensure alignment with budget goals.
Cross-Functional Collaboration
- Work with engineering to reduce SKU complexity, standardize drawings, and support design-for-manufacturing initiatives.
- Collaborate with operations and quality to ensure supplier compliance and readiness.
- Maintain and update ERP systems with accurate sourcing data and supplier information.
Process Optimization & Risk Management
- Identify and implement process improvements to enhance sourcing efficiency and supplier performance.
- Support risk mitigation strategies, including dual sourcing and supplier diversification.
- Ensure compliance with internal policies and external regulations.
Qualifications
- Bachelor's degree in Supply Chain, Engineering, Business, or related field.
- 5-10+ years of experience in strategic sourcing or procurement within a manufacturing environment.
- Strong background in sourcing raw/direct materials (e.g., metals, plastics, steel).
- Experience with category management, supplier onboarding, and contract negotiation.
- Proven track record in cost savings initiatives and supplier consolidation.
- Proficiency in ERP systems (SAP preferred) and data-driven decision-making.
- Excellent communication, stakeholder management, and project leadership skills.
What They Offer
- Competitive compensation package including annual bonus and comprehensive benefits.
- Flexible hybrid work model with opportunities for remote collaboration.
- Full support for career development and advancement within a growing organization.
- A collaborative, innovative culture focused on continuous improvement and operational excellence.
FAQs
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