Sourcing Manager - Plastics (225-728)

As a Sourcing Manager specializing in plastics, you will play a crucial role in our supply chain management by overseeing the procurement of plastic materials needed for our production processes. Your expertise in sourcing will help the company to secure high-quality materials at the most competitive prices, ensuring that our production schedules are met without disruption. In this dynamic role, you will be responsible for evaluating potential suppliers, negotiating contracts, and developing long-term relationships with vendors. Additionally, you will work closely with the research and development, engineering, and manufacturing teams to align sourcing strategies with the company's overall objectives. Your strategic approach and market knowledge will be pivotal in identifying trends, optimizing costs, and ensuring sustainability within the procurement process.

Responsibilities

• Develop and implement sourcing strategies for the procurement of plastic materials.
• Evaluate and identify potential suppliers through detailed market analysis and research.
• Build and maintain strong relationships with existing and prospective suppliers.
• Negotiate terms, conditions, and pricing to ensure competitive supply agreements.
• Collaborate with cross-functional teams to align sourcing plans with business needs.
• Monitor supplier performance to ensure compliance with quality and delivery standards.
• Manage RFQ processes and analyze supplier proposals to make informed decisions.
• Track market trends and forecast future material price fluctuations and availability.
• Support product development activities by ensuring timely acquisition of needed materials.
• Implement cost-saving initiatives in procurement processes and supplier negotiations.
• Ensure compliance with company policies, industry regulations, and environmental guidelines.
• Report regularly on sourcing activities, material costs, and procurement challenges.

Requirements

• Bachelor’s degree in Supply Chain Management, Business, or related field preferred.
• Proven experience in procurement, ideally within the plastics sector.
• Strong negotiation skills with a track record of successful supplier contracts.
• Excellent analytical skills to assess suppliers and market conditions effectively.
• Solid understanding of supply chain procedures and material management.
• Proficiency in procurement software and ERP systems is highly desirable.
• Strong communication and interpersonal skills for managing supplier relationships.
• Critical thinking and problem-solving skills to address sourcing challenges promptly.