Sourcing Lead Job Description
Sourcing Lead Duties & Responsibilities
To write an effective sourcing lead job description, begin by listing detailed duties, responsibilities and expectations. We have included sourcing lead job description templates that you can modify and use.
Sample responsibilities for this position include:
Sourcing Lead Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Sourcing Lead
List any licenses or certifications required by the position: CPM, APICS, CPSM, CPIM, PMP, CIPS, C.P.M, MS, ISM, C.P.S.M
Education for Sourcing Lead
Typically a job would require a certain level of education.
Employers hiring for the sourcing lead job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Engineering, Business, MBA, Technical, Business/Administration, Education, Finance, Supply Chain Management, Management, Industrial
Skills for Sourcing Lead
Desired skills for sourcing lead include:
Desired experience for sourcing lead includes:
Sourcing Lead Examples
Sourcing Lead Job Description
- Manage the Stanford software licensing portal run on a third party vendor platform
- Working with internal clients and Finance to develop, recommend and implement strategy for academic licensing models that result in internal cost recovery of licensing expenses
- Develops and implements robust sourcing and negotiation strategies to ensure that "best value" is achieved
- Provides thought leadership and works with senior management in the planning, development and implementation of short and long range goals
- Develops supplier, product and industry knowledge
- Establishes professional relationships with strategic external parties and collaborates with internal clients and stakeholders to help position external relationships for success
- Drafts decision support documentation and transition support documentation
- Supports leadership team to develop and implement operational plans to achieve team, department and corporate objectives
- Demonstrates judgment, creativity and technical expertise, breadth of vision and initiative, commitment and accomplishment, communication skills, and leadership in a manner expected of role models and leaders of the Strategy & Finance Division
- Demonstrated ability to apply and translate business expertise to breakthrough thinking that significantly impacts the clients long-term strategic position
- Procurement or Sourcing experience in Aerospace industry is desirable
- Experience in working in large, complex multi-national firms is desirable
- Experience in leading participating in cross-functional teams
- Ability to deal with all levels of personnel, both internally and externally
- Proven experience at advanced level with Microsoft Office (Excel, PowerPoint, and Word.)
- Graduate degree or an equivalent combination of training and experience
Sourcing Lead Job Description
- Negotiate and manage vendor contracts and relationships
- Implement policies and metrics to ensure savings goals are realized
- Work with technical buyers, engineers and management to identify new product needs
- Identify new sources in order to meet business requirements
- Serve as the primary interface between company components and suppliers on strategic/critical quality, engineering and procurement matters
- Develop and implement long- and short-range sourcing strategies for very complex and high-risk items
- Developing and executing regional or global commodity and sourcing strategies and practices for technology divisions
- Creating and developing strong working relationships with key internal and external partners up to Executive levels to achieve strategic objectives of the company
- Working with and leading cross-functional teams to execute sourcing initiatives from start to finish, including the competitive bidding process and contract negotiations
- Driving innovation related to strategic sourcing and supplier relations
- MBA/advanced technical degree highly desired
- Minimum of eight years related work experience required
- Exceptional client relationship, communication and negotiation skills
- Exceptional conceptual thinking, analytical and project management skills
- Excellent leadership, organizational savvy and interpersonal skills
- Strong track record of delivering exceptional business results
Sourcing Lead Job Description
- Engage in vendor sourcing, pre-qualification, setup and tracking of supplier list
- Assessment of the supply market, maintains reliable sources of supply and backup sources
- Source, order, coordinate and follow-up with all matters related to the acquiring of items required from the Original Item Manufacturers or distribution channels
- Develops strategic partnerships with preferred suppliers to ensure business objectives are met
- Negotiate cost reduction opportunities available by employing techniques of price/cost analysis, negotiations and strategic sourcing
- Ability to drive sourcing savings through programs including fixed pricelist, consolidation of orders, consignment and VMI type programs
- Assessment of organization current spend and work with account manager to drive conversion of products
- Ensure timely response to customer’s request for supplies & services
- Monitor, follow up and review purchase requisitions with customer for approval
- Support and work closely with customer/sales personnel/other departments to ensure timely and accurate closure of procurement cycle
- Demonstrated ability to learn highly complex and technical concepts quickly
- Change Mgmt
- English, German and French
- Bachelor's Degree in Chemistry, Biology, Bio-Chemistry, Chemical Engineering, Manufacturing, or Procurement
- 7 or more years relevant procurement experience at a Fortune 500 organization
- Experience with negotiating Managed Services contracts, Cloud services, and SaaS deals
Sourcing Lead Job Description
- Advice appropriate stocking plan to the Supply Chain team on initial stocking and subsequent stock levels to maintain service level to customer
- Implementation of new supply structure and KPIs
- Weekly updates to management on all sourcing activities and delivery schedules
- Track results and generate appropriate weekly and monthly and quarterly reports to the reporting manager/customers and continuously monitor progress of KPIs
- Other ad hoc duties assigned by department manager
- Understand Business Environment, Workforce Planning outcomes and regional current and future capability requirements any specific talent challenge to be addressed
- Develop a strong pipeline of global, diverse leaders within the Talent Acquisition team and across Global Services, HR
- Drive accountability for operational excellence of assigned program
- Engage the business leadership team to develop and execute fulfilment processes that deliver enhanced productivity
- Provide weekly metrics to demonstrate and drive individual and team performance
- Deadline oriented with demonstrated ability to deliver high quality results under pressure and manage competing priorities
- Experience building and executing commodity strategies across multiple commodities and categories
- Understanding of the current regulatory requirements and their application across the supply chain spectrum
- High-level understanding and application of financial and management accounting principles within purchasing
- Demonstrable experience managing suppliers with complex relationships across many areas of a large organization a plus
- Experience working with AIA agreements a plus
Sourcing Lead Job Description
- Understand and drive Lean initiatives internally and with suppliers
- Maintain, enhance and drive improvement of supplier OTD metrics
- Integrate team to execute on timely RMA resolution
- Closely monitor supplier performance to plan and work with suppliers to manage any required recovery plans/actions
- Conduct capacity audits, track and escalate any red flags that impede supplier performance
- Provide advance warnings on perceived supplier delivery issues that could impact business goals and work collaboratively across the business to resolve/mitigate risk
- Support Toll Gate reviews in line with assigned program
- Ensure strategic alignment with Commodity Leaders in Make v Buy decisions and proposed LCC transitions
- Laisse with Data Quality teams and other Data Governance functions to catalog issues and data quality items that will need remediation
- Communicate and engage with various corporate responsibility stakeholders (customers, employees, suppliers, consumers, activists, non-governmental organizations, ) related to inquiries and requests for information
- Ability and willingness to travel domestic & internationally 20% of the time
- Commodity specific experience (PCBA, Wire Harnesses, Machining, Sheet Metal, OEM)
- Identify with the Modality Directors opportunities for expanded supplier relationships
- Establish in agreement with Modality Directors operating mechanisms for supplier management
- The Sourcing Technology Leader should have expertise in Electrical design and testing
- S/he should be able to analyze the systems and assess the impact of design changes/component changes and suggest suitable testing plan for verification and validation of the part