Strategic Sourcing Manager
BenefitsPulled from the full job description
- 401(k)
- Health insurance
- 401(k) matching
- Paid time off
- Vision insurance
- Dental insurance
Full job description
John M. Ellsworth Co. Inc. is seeking an analytically minded Strategic Sourcing Manager to join our growing organization! John M. Ellsworth Co. Inc. (JME) is a leading distributor of fluid handling products headquartered in Milwaukee. For over 50 years and counting, JME has stayed at the forefront of our industry and built a reputation for customer satisfaction. Qualified candidates will have strong vendor management and vendor negotiation skills, along with a strong analytical and data driven mindset.
Role and Responsibilities
Supplier Management
- Manage and lead new supplier on-boarding process
- Own and maintain updated and accurate supplier contact lists and databases
- Work with sales/marketing teams to identify and develop new vendors that complement and enhance JME offerings and market penetration efforts
- Develop comprehensive vendor management plans & processes to ensure optimal performance, inventory availability and market competitiveness
- Work with sales / marketing teams to identify and grow underdeveloped product lines and vendors
- Negotiate best possible vendor rebate, freight, volume pricing, payment and inventory return terms
Manage supplier cost related processes, systems and database integrity
- Obtain updated pricelists as necessary
- Consistently communicate important cost related information to all internal stakeholders
- Ensure all cost and pricing decisions are documented and controlled.
- Integrate, streamline and standardize data exchange processes with large, diverse supplier base
- Develop metrics that measure efficacy of costing and inventory related processes including ROI
- Work in conjunction with sales / marketing teams, develop effective quoting processes that ensure utmost market competitiveness
- Effectively utilize ERP and software automation processes and tools.
Other
- Manage special projects and develop processes as needed
- Act as back-up department lead and SME on all purchasing related functions, processes and personnel management needs
- Prepare and present ad hoc analysis to leadership team
Qualifications and Education Requirements
- 5 plus years’ industry experience in similar position
- 4-year college degree in business, operations, or supply chain preferred
Skills
- Excellent communication skills including interdepartmental communication, telephone and written
- Proficient in Microsoft Office applications
- Experience with Sage / Acumatica ERP systems
- Power BI report development or Data Analysis experience
- Analytical aptitude and approach to projects
- Strong organizational skills and ability to prioritize
- Experience in high growth environments
- Proven strong negotiation skills and results
Job Type: Full-time
Pay: $75,000.00 - $100,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Education:
- Bachelor's (Required)
Experience:
- Vendor management: 5 years (Required)
- Power BI: 3 years (Preferred)
Ability to Commute:
- Milwaukee, WI 53224 (Required)
Work Location: In person