- Location
- McKinney, TX, United States of America
- Type
- Full-time
- Seniority
- Manager
- Education
- Bachelor
- Source
- Workday
Description
Position Purpose:
The Strategic Sourcing Manager is responsible for leading strategic sourcing initiatives and managing assigned indirect spend categories to deliver cost savings, supplier performance improvements, and operational value. Working in partnership with business stakeholders, this role executes sourcing strategies, manages supplier relationships, and supports procurement initiatives that align with business objectives.
The Strategic Sourcing Manager develops expertise within assigned categories while applying strategic sourcing methodologies, market analysis, and negotiation skills to optimize supplier performance and total cost of ownership. Category responsibilities may evolve based on business priorities and organizational needs
Key Responsibilities:
- Develop supplier relationships that support operational performance, contract compliance, and continuous improvement
- Lead supplier negotiations to achieve competitive pricing, favorable commercial terms, and service levels that support operational objectives
- Execute category strategies that align with enterprise business objectives, operational requirements, and market conditions.
- Analyze spend, supplier performance, market trends, and business requirements to identify sourcing opportunities and cost optimization initiatives.
- Lead strategic sourcing events including RFIs, RFPs, RFQs, supplier evaluations, negotiations, and contract awards.
- Support procurement initiatives across multiple indirect categories and shift focus as organizational priorities change
- Develop subject matter expertise in newly assigned spend categories through stakeholder engagement, market research, supplier collaboration, and data analysis.
- Establish and manage strategic supplier relationships through regular business reviews, performance scorecards, and continuous improvement initiatives.
- Support the development and implementation of preferred supplier programs that improve compliance and enterprise value
- Partner with branch operations, functional leaders, finance, legal, and other stakeholders to understand business needs and deliver sourcing solutions
- Build and maintain comprehensive category intelligence including spend analytics, supplier segmentation, contract repository, market assessments, and sourcing pipeline.
- Monitor supplier performance against established KPIs and implement corrective action plans when necessary.
- Support annual budgeting and forecasting activities by providing category-specific market intelligence and cost projections.
- Identify opportunities to standardize products, services, specifications, and purchasing processes across the enterprise.
- Ensure procurement activities comply with company policies, ethical sourcing standards, and contractual obligations.
- Support change management activities associated with supplier transitions, contract implementations, and process improvements.
- Continuously evaluate market conditions, emerging suppliers, and industry trends to maintain competitive sourcing strategies.
- Manage multiple sourcing projects simultaneously from opportunity identification through contract implementation
- Monitor contract compliance and collaborate with stakeholders to resolve supplier performance issue
- Identify opportunities for contract renewals, supplier consolidation, and process improvement
Direct Manager Direct Reports:
- Direct Manager: Senior Director, Indirect Procurement
- Direct Reports: None.
Travel Requirements:
- The Strategic Sourcing Manager may travel domestically up to 15% of the time to develop and manage vendor relationships, engage in strategic negotiations, and support key initiatives.
Physical Requirements:
- The role of Strategic Sourcing Manager primarily involves duties performed in a hybrid remote / standard office setting, requiring consistent use of a computer and other office equipment. Individuals must be able to engage in necessary communication skills involving both verbal and written interactions with team members and external partners. The physical demands include the ability to remain in a stationary position for extended periods, frequently moving about the office to access files and office machinery, and occasionally lift or move objects weighing up to 15 pounds. Reasonable accommodation may be made to enable individuals with disabilities to perform these essential functions, ensuring all qualified candidates have equitable opportunity to fulfill the responsibilities of the position effectively. The focus remains on facilitating successful partnership management and enhancing category performance through strategic vendor interactions.
Working Conditions:
- The Strategic Sourcing Manager operates within a dynamic, hybrid work environment that combines in-office presence with remote flexibility to ensure optimal collaboration and performance. Success in this role requires comfort working in a fast-paced, evolving procurement environment where priorities, category ownership, and business needs may change over time. The organizational culture supports a fast-paced, deadline-driven atmosphere where strategic decision-making and adaptability are paramount to success. The Sr. Strategic Sourcing Manager must efficiently navigate complex supplier relations and collaborate closely with cross-functional teams, to sustain and improve the category's total cost of ownership. This position demands resilience under pressure and a results-oriented mindset to drive cost efficiency and foster strong vendor and internal partnerships consistently.
Minimum Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Minimum of three - five years of experience in procurement, supplier management, or related field.
- Demonstrated negotiation, communication, and relationship management skills with the ability to influence and drive favorable outcomes in financial and legal agreements
- Strong analytical skills and proficiency in utilizing reporting and analytics tools to evaluate supplier performance and market trends.
- Detail-oriented with the ability to manage multiple priorities and projects concurrently in a fast-paced environment.
- Strong ethics and commitment to upholding high ethical standards in all business activities.
- Proficiency in Microsoft Office Suite, specifically Excel, and experience with enterprise resource planning (ERP) systems.
- Experience leading competitive sourcing events and negotiating supplier agreements
Preferred Qualifications:
- Strategic Vendor Management: Proficiency in developing and executing vendor management strategies that align with corporate objectives, with a proven track record of enhancing vendor relations and ROI.
- Negotiation Techniques: Familiarity with negotiation practices, with experience in contract negotiations demonstrating the ability to secure favorable conditions and terms on behalf of the organization.
- Project Management Proficiency: Ability to manage multiple ongoing projects effectively using project management tools and methodologies, ensuring alignment with organizational goals and timely delivery.
- Change Management Experience: Experience supporting cross-functional sourcing initiatives and influencing stakeholders
- Technological Proficiency: Proficient in utilizing enterprise resource planning (ERP) systems, supplier relationship management (SRM) tools, and data analytics platforms to support strategic decision-making processes.
- Innovation and Adaptability: Ability to lead initiatives focused on innovation and process optimization within supplier partnerships, showcasing adaptability in dynamic market conditions.
Minimum Education:
- A Bachelor's degree in Business Administration, Supply Chain Management, Finance, Industrial Engineering, Operations Management, or a related field is required.
Preferred Education:
- A Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
Minimum Years Of Work Experience:
- The Strategic Sourcing Manager role requires a minimum of 3 - 5 years of relevant work experience.
Certifications:
- None Required.
- Certified Professional in Supply Management (CPSM) - Preferred
- Certified Supply Chain Professional (CSCP) - Preferred
- Certified Purchasing Manager (CPM) - Preferred
- Six Sigma Green Belt or Black Belt - Preferred
Competencies:
- Negotiation Proficiency: Demonstrates the ability to negotiate commercial agreements that balance supplier performance, cost, and business requirements.
- Analytical Acumen: Possesses strong analytical capabilities to assess market data, evaluate vendor performance, and make data-driven decisions that enhance category total cost of ownership, strategically aligning supplier contributions with corporate financial objectives.
- Communication Excellence: Exhibits professional communication skills, enabling effective interactions with vendors, internal stakeholders, and cross-functional teams to facilitate the development of strategic sourcing events and category strategies.
- Strategic Relationship Management: Builds productive partnerships with internal stakeholders and suppliers to support sourcing objectives.
- Ethical Standards and Integrity: Upholds the highest ethical standards, consistently demonstrating integrity in supplier interactions and contract negotiations, aligning with the organization's values and ethical guidelines.
Work Location: 7440 State Highway 121, McKinney, TX 75070.
Remote/Virtual, Hybrid, or in-office: Hybrid: 3-4 days in office per week with 1-2 remote days per week
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Job Location: SRS Distribution - McKinney
7440 State Highway 121 McKinney, TX 75070-3104
As an Equal Employment Opportunity (EEO) employer SRS Distribution Inc., including all its subsidiaries, provides job opportunities to qualified individuals without regard to actual or perceived race, color, creed, religion, national origin, sex, gender, age, disability, gender identity, sexual orientation, citizenship status, uniform service, veteran status, marital status, genetic information, physical or mental disability, or any other characteristic in accordance with applicable federal, state, and local EEO laws. If you are an individual with a disability or a disabled veteran and require a reasonable accommodation in applying for any posted position, please contact Human Resources at US: 855.556.3221, or by email to: [email protected] with the nature of your accommodation request and include the Business name, location and title of the job opening. Please allow one (1) business day for a reply. All employment offers are contingent upon successful completion of a background check and drug screen, as permitted by law.
Competitive weekly/bi-weekly pay, discretionary bonuses, 401(k) with company match, Employee Stock Purchase Plan, paid time off (vacation, sick, volunteer, holidays, birthday, floating), medical/dental/vision, flexible spending accounts, company-paid life and short-term disability, plus optional long-term disability, and additional life insurance. All benefits subject to eligibility.
Should a Candidate be submitted to fill a position by a recruiting or staffing services agency (“Agency”), the Company has no obligation to pay the Agency any fee for submission, offer, placement or any service without a fully executed contract of service covering the engagement.