IDEX Senior Sourcing Manager in Denver, Colorado
Title: Senior Sourcing Manager
Business Unit: Band-It
4799 Dahlia St.
Denver, Colorado, 80216
Function: General Management
BAND-IT® “The Clamping Experts” is a global market leader with a premium brand reputation, and is certified to ISO9001 / QS9000 / ISO14001 and IATF 16949 standards. As a unit of IDEX Corporation (NYSE: IEX), BAND-IT is focused on growth and innovation through operational and commercial excellence, and employee satisfaction.
SUMMARY OF JOB RESPONSIBILITIES :
The Senior Sourcing Manager develops and implements global sourcing and supplier management strategies to effectively plan and purchase raw materials/components, support new product development, and procure indirect services & equipment. This position is leading a team responsible for managing the material cost reductions, contract term negotiations, supplier performance, and a working capital metric.
REPORTING TO : President, BAND-IT
DUTIES AND RESPONSIBILITIES:
Ensure continuity of supply to support and achieve on time delivery metrics to our customers.
Select suppliers through robust supplier selection process and deploy risk mitigation techniques to ensure effective continuity of supplier even with sole source situations.
Support make vs buy analysis to determine the best longterm approach for BAND-IT
Negotiate and contract key suppliers to ensure BAND-IT has a competitive advantage in the marketplace.
Manage global inventory of raw materials and components to meet working capital goals.
Manage key suppliers to ensure they achieve quality, delivery, and cost metrics that will allow us to serve our customers.
Develop suppliers to ensure they can meet BAND-IT requirements and provide scorecards on a monthly basis to ensure suppliers are meeting BAND-IT expectations.
Lead and develop a team of Buyers and Buyer/Planner to achieve department goals and metrics.
Experience purchasing steel or other raw materials leveraging commodity data to ensure we maintain competitive edge in the marketplace.
Responsible and accountable for a variety of management reports and root cause analysis; the development and execution of countermeasures that effectively resolve misses against plans.
Drive internal process improvements to deliver raw materials via pull systems through a combination of supplier strategies including but not limited to vending machines, vendor managed inventory, and Kanban triggers.
Drive results with a sense of urgency and diplomacy through superior processes and change management.
KNOWLEDGE, SKILLS AND REQUIRED ABILITIES:
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Minimum 5+ years of progressive global sourcing experience, at least 3 years in leadership role
Strong knowledge of MRP systems (JDE preferred)
Strong knowledge of and ability to negotiate contracts
Strong interpersonal skills with ability to lead globally, including influencing employees that don’t directly report to position
EDUCATION AND EXPERIENCE:
4 year Bachelor’s degree in Supply Chain Management or Operations
CPIM and Master’s Degree is a strong plus
The physical demands, work environment and mental/visual demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Majority of time is spent sitting.
Requires use of hands and arms at least 60% of the time.
Lifting requirements are generally less than 10 lbs.
Climate-controlled office environment.
Minimal exposure to factory conditions
Noise exposure is light to moderate.
- Close vision, depth perception and the ability to adjust focus are necessary to perform the job functions.
To perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this position.
Problem Solving: The individual participates in the continuous improvement process by attending meetings and presenting problems and possible solutions to the appropriate personnel.
Interpersonal Skills: The individual remains open to others’ ideas and exhibits willingness to try new things.
Relationships with Others: The individual works effectively and relates well with others, including superiors and colleagues. The employee exhibits a professional manner in dealing with others and works, to maintain constructive working relationships.
Communication and Contact: The individual communicates effectively both verbally and in writing with superiors, colleagues, and individuals inside the Company.
Planning/Organizing: The individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans.
Adaptability: The individual adapts to changes in the work environment, rotates into other functions as required and manages competing demands and is able to deal with frequent change, delays or unexpected events.
Dependability : The individual is consistently at work and on time, follows instructions, responds to management direction and solicits feedback to improve performance.The individual completes all duties as assigned, trains as required, and rotates into other departments as required.
Safety and Security: The individual actively promotes and personally observes all safety procedures. The individual complies with Environmental, Safety, and Hazardous Communications requirements.
IDEX Corporation is an Equal Opportunity Employer committed to workforce diversity
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 .
IDEX is an equal opportunity employer Minorities/Females/Protected Veterans/Disabled