Sourcing Manager - Plastics 11M26

The Sourcing Manager - Plastics is an integral part of the procurement and supply chain management team, responsible for overseeing the acquisition of plastic materials needed for production and operations. They play a crucial role in developing supplier strategies, negotiating contracts, and ensuring cost-effective procurement without compromising on quality. The ideal candidate will thrive in a dynamic environment, possess exceptional negotiation skills, and have a deep understanding of the plastics industry. They will also work closely with cross-functional teams, including product development, quality assurance, and inventory management, to ensure that supply chain objectives align with the broader goals of the organization.

Responsibilities

• Develop and implement sourcing strategies for plastic materials to meet production needs.
• Identify and evaluate potential suppliers to ensure high-quality and cost-effective procurement.
• Negotiate contracts and terms with suppliers to secure favorable pricing and conditions.
• Monitor market trends and adjust sourcing strategies to exploit potential opportunities.
• Collaborate with product development teams to align material needs with project timelines.
• Assess supplier performance and manage relationships to ensure long-term collaboration.
• Coordinate with logistics and warehouse teams to ensure timely delivery of materials.
• Mitigate supply risks by developing contingency plans and alternate sourcing options.
• Ensure compliance with company policies and industry regulations related to sourcing.
• Track and report key metrics related to cost savings and procurement efficiency.
• Work closely with quality assurance teams to ensure materials meet company standards.
• Manage budgets and expenditures in alignment with departmental financial goals.

Requirements

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• A minimum of 5 years of experience in sourcing or procurement within the plastics industry.
• Strong negotiation skills and ability to manage supplier relationships effectively.
• Comprehensive understanding of global sourcing and supply chain management principles.
• Proficiency in procurement software and tools to manage purchasing activities.
• Excellent communication skills, both verbal and written, for cross-functional interactions.
• Strong analytical skills to interpret market data and identify cost-saving opportunities.
• Ability to work independently and prioritize tasks in a fast-paced environment.