SOURCING MANAGER

RESPONSIBILITIES

• Work closely with suppliers on continuous improvements to identify, qualify, and implement global sources for manufacture of Our client company products to meet cost, quality, and lead time objectives.
• Identify new suppliers to support new product introductions and secondary supplier initiatives and negotiates agreements.
• Lead department to develop forecasts for future demand and place orders in a timely fashion based upon vendor lead-time. Proactively address material issues and concerns.
• Manage relocation of product manufacturing processes from Our client company or from one vendor to another to ensure continuous delivery of quality products.
• Reports on parts/material status, including shortages and makes recommendations on resolution.
• Define, monitor, and evaluate supplier performance metrics and score cards, and hold suppliers accountable for delivering quality products, materials, and services.
• Run MRP and reviews for accuracy. Conduct a detailed MRP review for critical components.
• Track, analyze, and develop action plans for department key performance indicators such as on-time delivery & inventory levels, etc.
• Collaborate with stakeholders, leadership team and department heads to understand business needs. Establish requirements, scope, and criteria for procurement projects.
• Provide direction, management, and coaching to the Procurement team to encourage professional growth & development.
• Recommends cost reducing design or sourcing changes
• Tracks actual vs. planned cost of goods
• Stays current on changes in global conditions which could affect the cost, quality, lead time, or GSA status of our products
• Analyzes excess and obsolete inventory.
• Determines future component spend.