We are seeking a Sourcing Manager for our Procurement team. Reporting to the Senior Sourcing Manager, the Sourcing Manager will be responsible for developing and executing strategies to lower the total cost of ownership for assigned spend categories while delivering sourcing solutions that meet each business unit needs. This individual will work with cross functional teams supporting new product development, lean projects, and value engineering programs to deliver the required levels of cost, quality and service performance, minimize supply risk, and leverage Innovation and Technology capability.
This position requires a high degree of professional integrity, ethics and confidentiality.
Duties and Responsibilities
Develop and execute corporate commodity and sourcing strategies that support the needs of each Milwaukee Tool Business Unit.
Support design engineering and marketing in new product development including new material and new technologies. Participate as a member of new product development teams during the product development process from inception through production.
Develop an in-depth knowledge of assigned commodities, global supply markets, new technologies and pricing trends to exploit emerging opportunities that benefit Milwaukee Tool.
Establish material cost savings goals and report on actual results.
Develop, negotiate and execute contracts/agreements with suppliers that minimize TCO, improve quality and assure on-time delivery.
Work with suppliers to develop assured capacity and on-time deliveries to meet manufacturing schedules.
Provide support to site locations for chronic performance issues related to quality and delivery, ensure performance against contracts and resolve discrepancies.
Working with domestic and international suppliers, leverage increasing purchase volumes by negotiating volume based incentives, discounts, rebates, and commercial terms.
Prepare and conduct RFP/RFQ's and analyze quotations and bids. Conduct, analyze, and share cost break down analysis to aide negotiations of per unit cost, commanding best overall cost and commercial terms.
Maintain conduct consistent with company policy, division operating procedures, accepted practices and applicable state and federal regulations and laws.
Categories of spend may include raw materials, outsourced finished goods, component parts, accessories, MRO supplies, capital equipment and tooling, and other areas of spend as assigned.
Education and Experience Requirements