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Manager - Strategic Sourcing

MONOSOL LLC
Chicago, IL Other
POSTED ON 11/27/2024 CLOSED ON 1/21/2025

What are the responsibilities and job description for the Manager - Strategic Sourcing position at MONOSOL LLC?

Job Details

Job Location:    Chicago, IL - Chicago, IL
Salary Range:    Undisclosed

Description

The Strategic Sourcing Manager will be responsible for developing and executing sourcing strategies for strategic materials and services, supplier management, and internal and external negotiations.

 

Responsibilities

  • Monitor changes affecting supply and demand, including market and supplier analysis, pricing trends and key feedstocks
  • Develop and implement sourcing strategies to deliver supply chain security, risk mitigation, innovation, and best total cost of ownership
  • Develop right level of relationships with suppliers and effectively work internally to leverage all supplier opportunities
  • Develop and communicate key supplier performance metrics and lead the identification of root cause analysis and development of action plans
  • Continuously improve sourcing processes and systems to enhance efficiency and effectiveness.
  • Build and maintain strong working relationships with business partners and work collaboratively among functions to drive execution
  • Explore and develop new raw material opportunities to ensure supply chain resilience and flexibility
  • Initiate cost reduction projects and create/maintain management reports
  • Other duties as assigned

 

Qualifications

  • Bachelor’s or Master’s degree in Business, Engineering, Supply Chain Management, or a related field
  • 5 to 10 years of relevant sourcing experience
  • Relevant certifications such as CPM, CPSM, or PMP are preferred
  • Strong business acumen to identify most relevant opportunities based on financial impact to the business
  • Understanding of global chemical market feedstocks and their impact on the raw materials being sourced
  • Critical thinker with a continuous improvement mindset
  • Skilled negotiator with proficiency in data analysis and project management
  • Working knowledge of international chemical regulations and global events affecting pricing, supply and demand
  • Ability to communicate effectively at all levels in a global organization

 

 

Additional information

 

Applicable only to applicants applying to a position in any location with a pay disclosure requirements under state or local law:

 

  • The compensation range that is described below is the possible base pay compensation that the company believes in good faith that it will pay for this role at the time of posting based on job grade for the position. Individual compensation within this range is based on many factors such as years of experience etc. so the company might pay more or less than the posted range and it is understood that this range may be modified in the future.

 

  • In addition to base compensation, MonoSol provides a yearly incentive compensation bonus, a profit sharing bonus when eligible, a comprehensive benefits package including medical, dental, vision insurances, short term disability, long term disability, accidental death and dismemberment, term life insurance, voluntary term life insurance, transit flexible spending account (if applicable), employee assistance program, identity theft protection, 401k and paid time off (vacation and sick days).

 

Compensation range - $83,766.62 – $140,860.02

Incentive Compensation Bonus Target – 10%

Paid time off amount – 15 days

 

Closing

The above statements are intended to describe the general nature and level of the work being performed by employees assigned to this position. This is not intended as an exhaustive list of all responsibilities, duties, and skills required. MonoSol, LLC reserves the right to make changes to the job description whenever necessary.

Disclaimer

As part of MonoSol, LLC’s employment process, finalist candidates will be required to complete a physical, drug/alcohol test and background check prior to employment commencing. MonoSol, LLC is an equal opportunity employer. All qualified applicants will be considered without regard to race, national origin, gender, age, disability, sexual orientation, veteran status, or marital status.

Qualifications


Salary : $83,767 - $140,860

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