What are the responsibilities and job description for the Strategic Sourcing Manager position at Headway Technologies?
TITLE: STRATEGIC SOURCING MANAGER
FLSA STATUS: EXEMPT
REPORTS TO: DIRECTOR, PROCUREMENT AND SCM
SUMMARY:
Under the direction of the Director of Procurement and Supply Chain Management (SCM), the Strategic Sourcing Manager will be responsible for sourcing goods and services essential for our manufacturing operations. In this capacity, the Strategic Sourcing Manager will be responsible for defining and implementing sourcing, negotiation, contracting, and supplier management best practices to minimize supply, cost, and quality risks. This position is located in Milpitas, California.
ESSENTIAL FUNCTIONS:
- Supplier Management: Identifies, evaluates, and manages relationships with suppliers to ensure reliable supply chains. Builds and maintains strong relationships with key suppliers. Partners with suppliers to develop and track supply plans along with collaborating with Operations to develop demand forecasts
- Contract Management: Negotiates contracts with key vendors, including master agreements to ensure favorable terms and conditions. Oversees and implements the contracting process
- Category and Sourcing Strategy Management: Improves categorization process for goods and services, develops and implements category sourcing strategies, including the implementation of RFx processes
- Spend and Cost Management: Identifies and implements savings opportunities within the supply chain, leveraging cost analysis and negotiation best practices. Manages and tracks spend and savings by category and supplier
- Continuous Improvement: Implement improvements within our supply chain to enhance supply security, minimize costs, ensure compliance with legal and regulatory requirements, and reports to relevant organizations within TDK to ensure compliance with global initiatives
- Cross-Functional Collaboration: Works closely with Engineering, Production, Finance, and other departments to understand their needs and ensure seamless integration of sourced materials and services to meet operational goals.
- Maintain compliance with Headway’s Quality Policy
- Sustain and provide continual improvements to the QMS as required by job function
- Maintain accurate and up-to-date procurement records and documentation
- Adheres to all safety policies and procedures as required
- Performs other duties of a similar nature or level*
MINIMUM QUALIFICATIONS:
- Bachelor’s degree in Supply Chain, Business, Engineering, or Economics and/or equivalent relevant experience; MBA or MS preferred
- Five years of experience in procurement, sourcing, or supply chain management in a high-volume manufacturing environment in a mid to large-sized company
- Proven track record of successful contract negotiations and supplier management
- Strong understanding of procurement processes, market dynamics, and industry best practices. Excellent negotiation, communication, and interpersonal skills
- Analytical mindset with the ability to analyze data and make informed decisions
- Experience using an ERP system such as Oracle
- Proficient in the use of Microsoft Office Applications
Knowledge, Skill, and Abilities:
- Strong knowledge of sourcing best practices, including contract negotiation, supplier management, cost analysis, and continuous improvement
- Knowledge and ability to use and ERP system such as SAP
- Knowledge and ability to use Microsoft Office applications to create spreadsheets, Word documents, and presentations
- Able to communicate effectively and collaboratively with all levels of employees and management both verbally and in writing
- Able to analyze data from a variety of sources, create reports, and present findings
- Able to develop and implement sourcing category strategies
- Able to analyze market trends, supplier performance, or cost analysis data to make informed decisions
- Able to create, update, and communicate sourcing policies and procedures across the Company
- Able to concisely understand problems, identify root causes and corrective actions, and communicate these efficiently to key stakeholders
- Demonstrated ability to negotiate positive outcomes
- Demonstrated analytical and critical thinking skills
- Demonstrated organizational and time management skills
- Demonstrated problem-solving and trouble shooting skills
- Flexible and able to prioritize
The annual base salary for this full-time position is between $120,000.00-$177,000.00 bonus target benefits. Within the range the individual pay may differ depending on additional factors including job responsibilities, job related knowledge, skills, abilities, education, and experience. The annual base pay range shown is subject to change and may be modified periodically.
WORKING CONDITIONS:
The Strategic Sourcing Manager works primarily in an office environment from Monday to Friday. The schedule may be altered from time-to-time to meet business or operational needs; may travel from building-to-building as needed. Stands, sits, and walks; performs various fine grasping movements, bends, and twists; operates a computer and enters information using a keyboard, operates a telephone, and other office equipment. May occasionally push, pull, or lift up to 30 or more pounds.
*Other duties of a similar nature or level are duties that may be required but may not be specifically listed in the job description or posting.
TDK/Headway Technologies, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, national origin, age, disability, or genetics. Applicants requiring accommodation in order to complete the application process should contact the Headway Human Resources Department.