Strategic Sourcing Manager

job
  • SPX Cooling Tech, LLC
Job Summary
Location
Burr Ridge ,IL
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
21 Dec 2024
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Job Description

Building the people that build the world.

With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We’re a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.

As part of HVAC Cooling, SPX Cooling Technologies is a leader in high quality industrial HVAC equipment used to cool large facilities like hospitals, data centers, and power plants. With cooling towers, fans, and refrigeration units, companies rely on brands like Marley, Recold, and SGS to provide comfort and mission critical and industrial cooling solutions.


How You Will Make An Impact (Job Summary)

Manage a category of commodity/products, including owning supplier selection and approval process, pricing, contracts and while adhering to the Weil-McLain and Marley Engineered Products business processes. This position will be responsible for leading all sourcing and supply chain strategy development to support both short- and long-term strategies of the businesses, including year-over-year improvements in current and new product material cost, quality, availability, and inventory.


What You Can Expect In This Role (Job Responsibilities)

While each day brings new opportunities at SPX, your core responsibilities will be:

  • Develop and execute short and long-term sourcing strategies that support technical, quality, and commercial requirements.
  • Regularly adapt sourcing strategies concerning market trends and business requirements to enhance effectiveness
  • Develop exit strategies for suppliers that don’t meet Weil-McLain and Marley Engineered Products supplier standards
  • Subject Matter Expert for assigned category; uses knowledge/expertise of category to manage cost drivers, changing supply base, and market innovation to capture lower costs and/or high-value alternatives to meet stakeholder needs.
  • Acquires a deep understanding of the supply markets that provide materials, products, or services. Assesses the supply market, and our current and future state to develop sourcing strategies and risk mitigation.
  • Establish relationships with functional and divisional peers and leaders to ensure sourcing strategies align with our business goals and objectives.
  • Proven track record in driving productivity and value add through negotiations and supplier management.
  • Utilize formal processes for supplier selection, qualification, contracting, and management.
  • Support and influence NPD (New Product Development) programs in a cross-functional setting with product management, engineering, manufacturing, and quality.
  • Define requirements for sourcing, RFX’s
  • Bridges SC gap for all product changes, quality concerns, etc.
  • Supports plan for phase-in / phase-out
  • Identifies and aggregates technical, commercial, risk, opportunity, and demand requirements for contract negotiation. Lead negotiation and execution of agreements.
  • Lead the development and execute the Supplier Management strategy and approach including Supplier Relationship Management, Performance Management, Issue Resolution, and the identification/onboarding of new suppliers.
  • Provide direction within direct reports and multi-site purchasing teams as required on the following processes:
  • Supplier Development - Work with Engineering and Quality to develop new suppliers with systems to support quick development, low cost, and high Quality.
  • Strategic Sourcing - Lead the strategic sourcing process including RFQ development, quotation reviews, supplier/contract negotiations, and supplier development. Lead sourcing meetings with Engineering, Quality, Manufacturing, etc. to reach conclusions on sourcing.
  • Low-Cost Country Sourcing – Work with low-cost country sourcing commodity manager for the appropriate sub-commodities for year-over-year net cost reductions.
  • VA/VE - Work closely with long-term suppliers to manage this core supply base for productivity/cost-down initiatives through the use of VA/VE tools.
  • Supplier Kanban/VMI - Work closely with the supplier base and the lean group to actively integrate the suppliers into SPX plants through the appropriate use of Kanban, VMI, and related tools.
  • Maintain a working knowledge of the world-class supply chain process to ensure that existing processes are targeted to attain excellence versus industry benchmarks.


What we are looking for (Experience, Knowledge, Skills, Abilities, Education)

We each bring something to the table, and we are looking for someone who has:


Required Experience

  • 5 to 8 years’ relevant work experience in global manufacturing companies with increasing responsibilities in a multi-site, multi-product, company.
  • International experience is strongly preferred.


Preferred Knowledge, Skills, And Abilities

  • Solid negotiation skills. Competent at leading a negotiation. Demonstrated knowledge of manufacturing processes and project management skills. Experienced in quality and supply chain.
  • Familiarity with ERP systems and specifically supply chain management systems is required.
  • Understanding of supplier capabilities and the marketplace. International sourcing experience and technical acumen.
  • Technical acumen to bridge the gap between internal development and external supply base
  • Demonstrated experience and success working in a fast-paced, matrixed environment satisfying multiple customers. Strategic planning/thinking skills, coupled with analytical and execution skills.
  • Strong presentation skills and ability to articulate vision to a broad audience.
  • Proficient in Microsoft Office products, including advanced data functions in Excel, and ability to translate data to decision-making.
  • Demonstrated ability to interface with executive and senior-level management, both internally and externally.
  • Well-versed in commercial agreements – NDA, Master Supply, Intellectual Property
  • Competent in ERP systems and end-to-end supply chain management processes (concept, planning, development, launch)
  • Proven track record of meeting commitments with the highest standards of ethics and integrity.
  • Take charge individual with intensity and clear sense of urgency.
  • Out-of-the-box thinker, decisive; experienced in, and capable of communicating the need for results and leading change with various departments and teams.
  • An excellent team player.
  • Historically demonstrated understanding of the difference between giving best effort versus doing what’s necessary.


Education & Certifications

  • Minimum of a Bachelor’s degree in Business, Engineering, Materials Management or related field.
  • A Master’s Degree in Business or a Technical field is preferred.


Travel & Working Environment

  • Travel is essential for success in this role to understand the business needs as well as supplier site visits.
  • Travel expected to be 25-50%.
  • The working environment is fast-paced and will require managing several interrelated initiatives simultaneously. The ability to set a clear vision, align resources, and ensure commitment will be critical to success.


How We Live Our Culture

Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.


What benefits do we offer?

We know that the well-being of our employees is integral. Our benefits include:

  • Competitive and performance-based compensation packages and bonus plans
  • Educational assistance, leadership development programs, and recognition programs


Our commitment to embrace diversity to build a culture of inclusion at SPX

We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realise their fullest potential.

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