Strategic Sourcing Manager

***This position is based in our Bloomington MN, SICK US facility, located near Mall of America.

About SICK

SICK is one of the world's leading providers of intelligent sensors, systems, software and services for manufacturing, logistics and industrial applications. We partner closely with our customers to deliver innovative sensor solutions that solve challenges, improve quality, make working safer, integrate Industry 4.0 and make digital transformation a reality. Our vibrant culture, community engagement and commitment to sustainability embodies who we are and drives our continuous growth. To learn more, please visit our website and select your country at the top of the page.

Compensation & Benefits:

Our base salary is one part of our total compensation package and is determined within a range. The starting base salary range for this position is listed below. Actual starting salary will be based on a variety of factors including experience, skill set, education, performance, license/certifications, business needs, and other job-related factors permitted by law.

Starting Base Annual Salary Range:

$90,910 - $137,500

Benefits:

SICK's benefit package has long been recognized and valued because of its comprehensiveness and competitiveness in the market. To help our employees make the most of their overall well-being, we are thrilled to provide an outstanding benefits package! SICK offers 17 PTO days starting, medical insurance, vision insurance, dental insurance, disability/life benefits, 401k retirement plan and more. Click here to view more about our benefits!

Position Summary

The Strategic Sourcing Manager is responsible for proactively managing assigned production materials and services. This includes identifying and developing strategic supplier relationships, as well as managing existing supplier partnerships. The role focuses on developing and executing sourcing strategies, driving cost management initiatives, and leading continuous improvement efforts in areas such as delivery, quality, and lead times. Additionally, the Strategic Sourcing Manager will support production operations and contribute to product development by identifying and leveraging technology advancements.

Primary Responsibilities

Strategic Sourcing & Cost Optimization:

• Create and analyze Request for Quotes for assigned production materials with key suppliers.
• Identify material requirements from production specifications, operational schedules, and engineering quality requirements.
• Determine the most cost efficient and reliable materials needed for the manufacturing process.
• Improve gross profit by re-sourcing exiting items. Identify and drive opportunities for cost savings.
• Lead cost-down initiatives including outsourcing, reshoring and insourcing.
• Analyze total cost of ownership, including direct and indirect costs, to drive cost reduction initiatives.
• Champion supplier improvement initiatives to address performance or capability gaps in delivery, quality and capacity.
• Conduct market research to identify trends, new suppliers, and potential risks in the supply base.

Collaboration with Cross-Functional Teams:

• Work closely with operations, engineering, quality, procurement, and finance teams to ensure alignment of sourcing strategies with overall manufacturing and business objectives.
• Ensure timely supply of materials and services to meet production schedules while maintaining inventory levels and minimizing costs.
• Provide regular reports to senior leadership regarding sourcing performance, savings, and supplier performance metrics.

Risk Management, Data Analysis & Reporting:

• Develop and implement strategies to mitigate risks associated with supply chain disruptions.
• Identify potential supply chain risks and create contingency plans to ensure business continuity.
• Monitor and manage lead times, production schedules, and inventory levels to avoid production delays.
• Leverage data and analytics to identify trends, measure supplier performance, and report on the effectiveness of sourcing strategies.
• Develop and maintain key performance indicators (KPIs) to track sourcing and supplier performance.
• Prepare comprehensive reports and presentations for senior leadership, providing insights into sourcing activities and results.

• Perform other duties as may be assigned or required by management.

Qualifications

• Experience: Minimum of 5-7 years of experience in strategic sourcing, procurement, or supply chain management, preferably in a manufacturing or industrial environment.
• Education: Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or related field. A Master's degree is a plus.
• Certifications: Professional certifications like CPSM, CSCP, etc. is a plus.
• Position-specific Qualifications:
  • Strong knowledge of developing and executing of sourcing strategies, cost modeling, and procurement processes.
  • Strong business acumen and fundamental understanding of business financials and performance indicators.
  • Strong project management skills to organize or charter projects and effectively lead cross-functional teams to develop and execute projects.
  • Experience with ERP and procurement software tools (e.g., SAP, Oracle, Ariba, etc.).
  • Excellent customer focus, negotiation, communication, and interpersonal skills.
  • Strong analytical and problem-solving abilities.
  • Knowledge of market trends, pricing dynamics, and supplier capabilities.
  • Ability to work under pressure and manage multiple priorities simultaneously.
  • Strong attention to detail and ability to maintain accurate records.
  • Ability to collaborate effectively across multiple functions within the organization.
• Computer/Technological: Strong knowledge and demonstrated skills in using MRP software and Microsoft Office tools to deliver succinct presentations, well drafted reports, and meaningful data analytics.
• Language: Professional written and spoken fluency in English required.
• Schedule: Generally, Monday to Friday, full time.
• General Working Conditions: Be able to work in an office environment as well as on the production floor.
• Travel: Be able to travel up to 5% as needed.
• Work Status: Legally permitted to work in the country you are applying and willing to undergo an employment background check.

Our Culture

SICK North America has a strong and vibrant culture called The SICK Spirit. Our culture is not just something we put on the wall; we live it continuously. It starts with bringing your best self every day. From there, we focus on customer excellence, collaborate to innovate, continually cultivate competency, acknowledge, celebrate & have fun and positively impact the world. In addition, we focus on being a welcoming, diverse and inclusive workplace where every employee is encouraged to be their unique selves.

Invitation to Apply

SICK is an equal opportunity employer that considers all qualified applicants without regard to race, color, religion, sex, sexual orientation, national origin, disability, or protected veteran status. If you would like to request a reasonable accommodation in the hiring process, please do so by emailing recruiting@sick.com. While we commit to reviewing all applications, only those selected for the next steps in the employment process will be contacted. Thank you for the time you have invested in applying at SICK!