Senior Strategic Sourcing Manager in New Berlin, Wisconsin at Texas Hydraulics Inc
Job Description
Senior Strategic Sourcing Manager
Summary:
The Senior Strategic Sourcing Manager is responsible for establishing sourcing standards within our organization, ensuring the timely and cost-effective acquisition of goods and services. This role is accountable for developing and implementing sourcing strategies, managing supplier relationships, conducting supplier audits, analyzing data, and collaborating with teams to identify and build a robust supply base, ultimately aiming to improve processes and maintain suppliers providing high-quality products at a competitive cost complying with company budget. This position requires up to 25% travel, with occasional international travel.
Essential Responsibilities and Duties:
The Sourcing Manager is responsible for overseeing the sourcing process, ensuring the timely and cost-effective acquisition of goods and services. This role is accountable for developing and implementing sourcing strategies, managing supplier relationships, and ensuring compliance with company policies, industry regulations, and company budgets. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Supplier Relationships and Supply Base Management
- Serve as the main commercial contact for Oilgear’s key suppliers. Understanding their strengths, areas of improvement, and key points of contact to call when support is needed.
- Sort the supply base by spend, risk, and how hard the part would be to move, and keep a sourcing plan for each major commodity.
- Hold supplier business reviews on a set schedule, quarterly for the top suppliers, covering delivery, quality, cost, capacity, lead time, and open commitments.
- Visit supplier plants regularly. Understand their equipment, backlog, and how they operate, and build the kind of relationship that gets Oilgear moved up the schedule when it counts.
- Reduce the number of suppliers where it makes sense, add sources where Oilgear is too exposed, and resolve Procurement escalated concerns: allocation, capacity limits, price disputes, and quality holds.
Stocking Agreements and Material Availability
- Find the parts Oilgear buys over and over, or waits too long for, and get them onto a stocking, consignment, kanban, blanket, or min/max agreement instead of a new PO every time.
- Negotiate favorable agreements: how much the supplier holds, what triggers a refill, how fast a release ships, price breaks, who owns the material, and what each side owes if demand drops or the part is discontinued.
- Give suppliers real usage and forecast data so they stock the right things, then hold them to the fill rate and release lead time they agreed to.
- Watch how each agreement performs. If usage has moved or the stock is aging, change the agreement or cancel it.
- Work with Procurement and Planning to get agreements set up correctly in Epicor: sourcing rules, ASLs, blankets, lead times, safety stock, and order modifiers.
Cost, Negotiation, and Contracts
- Own the annual cost reduction target. Set goals by commodity, keep a pipeline of projects, and report progress monthly.
- Run RFQs and competitive bids. Build should-cost models and price benchmarks so Oilgear negotiates from its own numbers rather than the supplier's quoted price.
- Negotiate price, payment terms, tooling, minimum order quantities, lead time, and freight.
- Put long-term agreements in place on critical spend covering how long prices hold, how indexes and surcharges work, what capacity the supplier commits to, quality requirements, and how THI gets out.
- Stay ahead of material cost movement such as alloy indexes, surcharges, and tariffs, and bring a recommendation before it shows up on a quote.
Supplier Development, Quality, and New Product Support
- Qualify new suppliers: assess capability, audit the plant, check the quality system, run first article and PPAP, and document the approval.
- Keep the supplier scorecard current on delivery, quality, responsiveness, and cost, review it with suppliers, and work corrective actions with Quality and Engineering. Put chronic problems on an improvement plan or move the work.
- Get involved early on new parts and engineering changes: make or buy, where to source new prints, quote turnaround, and cost and lead time before the design is locked.
- Handle tooling ownership and cost recovery, print and revision control, and moving new parts from prototype to production sourcing.
Global Sourcing and Supply Risk
- Develop offshore and near-shore sources for targeted commodities and compare them on total landed cost: piece price, freight, duty and tariffs, carrying cost, quality risk, and lead time.
- Work with Logistics and Finance on import requirements, including INCOTERMS, country of origin, HTS classification, and duty exposure.
- Keep a running list of supply risks, such as single-source parts, suppliers with financial or performance problems, too much spend in one region, and long lead times, and work the dual-source and resourcing plans with dates attached.
Minimum Qualifications:
- Bachelor's degree in supply chain, business, engineering, or a related field, or equivalent experience.
- 7 to 10 years in sourcing, commodity management, or supplier management in manufacturing, including machined parts, castings, forgings, bar stock and tube, or similar.
- A proven track record they can walk through: savings they negotiated, agreements they wrote, stocking or vendor-managed programs they set up.
- Experience qualifying and developing suppliers, including audits, first article and PPAP, and corrective action.
- Working knowledge of MRP and ERP sourcing setup, international sourcing, INCOTERMS, tariffs, and landed cost.
- Experience working within an ISO 9001 or comparable quality management system required.
- Excellent analytical, organizational, and critical thinking skills.
- Strong leadership, communication, and negotiation abilities.
- Willing to travel to supplier and customer sites, domestic and international, roughly 25% of the time.
Preferred Qualifications:
- 10+ years of manufacturing experience.
- Experience with steel mills, steel tube/rod, and cartridge valve suppliers
- ERP experience
- Professional certification (CSCP, CPSM, CPIM, or equivalent) is a plus.
What We Offer
- Paid Time Off (PTO)
- Paid holidays
- 401(k) retirement plan with company match
- Medical, Dental, and Vision insurance
- Health Savings Account (HSA) with employer contribution
- Flexible Spending Account (FSA) options
- Employer-paid life and disability insurance
- Optional hospital, critical illness, and accident insurance
- Employee Assistance Program (EAP)
- Safety shoe reimbursement program
- Safety glasses reimbursement program
- Tuition assistance up to $5,000 per year
Scope & Flexibility Statement
This job description outlines the general duties and requirements of the position and is not intended to be all-inclusive. Responsibilities may change or be added based on business needs.
Equal Employment Opportunity & Accommodation Statement
The Oilgear Company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, veteran status, or any other status protected by applicable federal, state, or local law.
The Oilgear Company is committed to providing reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and applicable state laws. Applicants or employees requiring accommodation may contact Human Resources.
Employment Status Statement
Employment with The Oilgear Company is at-will. This means that either the employee or The Oilgear Company may terminate the employment relationship at any time, with or without cause or notice, in accordance with applicable law.
Nothing in this job description or any other Company document should be interpreted as a contract of employment, an offer of continued employment, or a guarantee of employment for any specific duration.
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