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If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you.
The Senior Manager, Strategic Sourcing is responsible for developing comprehensive commodity-level strategies informed by strong understanding of market and business trends and driving execution of strategic initiatives and timelines.
ESSTENTIAL DUTIES & RESPONSIBILITIES:
Manage site category and commodity strategies including spend analysis, benchmarking, cost, market analysis and global technology / economic trends.
Utilize 80/20 mindset to develop and execute commodity strategies aimed at achieving targeted improvements in cost savings, on-time delivery, quality, and lead times.
Lead cross-functional efforts to develop and execute comprehensive commodity strategies to reduce supply base complexity for assigned commodities includes identifying opportunities for product complexity reduction and leading project teams to do so.
Conduct detailed agreement negotiations, including comprehensive agreements, and ensure capacity planning and supply chain strategies are implemented to meet on-time delivery.
Drive RFP/RFI/RFQs and lead cross-functional teams with supplier selection process. Define cost drivers, develop cost models and establish should cost analysis.
Negotiate contracts with suppliers of assigned commodities ensuring that the best total cost is realized. Contracts include such items, as discounts, payment terms, shipping terms, stocking agreements, quality parameters, service requirements, supply chain connections and other items deemed valuable.
Manage existing supply base to continually improve performance.
Monitor and understand current suppliers and economic conditions to effectively mitigate risk.
Assist in site tactical procurement escalations, reconciliations and reporting as required.
Execute strategies to align with business growth and new product introductions.
Lead, develop and mentor a team of commodity managers
Perform other duties as required.
Required Education and Experience
Bachelor's Degree in Supply Chain, Business, Engineering related field
Minimum of 10 years of experience related to procurement in a manufacturing or industrial environment
At least 5 years’ experience in sourcing with demonstrated performance and leadership competency driving strategy, operations performance results and cost management.
Well-versed in the procurement of goods and services, preferably chemicals and/or compounds and indirect experience a plus.
Experience in the development and implementation of business strategies
Demonstrated success in achieving results through collaboration with organizations not under your management responsibility (effective salesmanship of ideas and plans)
Demonstrated successful leadership experience
Preferred Education and Experience
MBA or advanced degree
CPSM or CSCP certification
Experience with Six Sigma and Lean Tools
Commodity experience in electronics and/or castings highly preferred
Additional Eligibility Qualifications
Strong business and financial acumen
Experience in the development, negotiation and implementation of contracts and deployment of supply chain processes and best practices for an organization of a similar size and scope
Demonstrated experience in influencing, developing and motivating people from diverse backgrounds; able to lead cross-functional business teams
Demonstrated people leadership skills; developing direct reports and others
Working knowledge of ERP applications
Working knowledge of quality systems, lean and continuous improvement processes, and project management processes
Thorough knowledge and application of budgeting, financial analysis and cost control practices
Work Environment
Exposure to manufacturing environment. Noise level may vary from moderate office environment to noisy/loud in the plant area. Proper use of safety equipment such as steel-toed shoes, goggles, safety glasses, gloves, apron and face shield must be observed.
Travel
As needed, up to 50%
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.
Job Family: Finance
Business Unit: Advanced Flow Solutions (Corken)