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stratasys
Manager, Strategic Sourcing - Direct Materials
Career Insights for Procurement / Sourcing Manager
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What they do
A Procurement or Sourcing Manager manages the procurement of supplies for a company or organization. Develops policies and schedules for regular procurements. Trains and supervises staff, develops relationships with suppliers, researches and inspects supplies, and negotiates supply and shipping prices.
$136,526 / year median in Minnesota
+4% projected growth
Job Description
Stratasys is a world leader in 3D printing! Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care. Manager, Strategic Sourcing - Direct Materials
We are seeking a Manager, Strategic Sourcing - Direct Materials to lead our global direct-materials sourcing strategy and team. This role is responsible for developing and executing sourcing strategies across electrical, mechanical, electromechanical, and other production materials while delivering improvements in cost, quality, supply continuity, and supplier performance.
As a strategic leader, you will lead and develop a team of sourcing professionals while partnering closely with Engineering, Operations, Quality, Finance, and other business functions. You will influence product and sourcing decisions, build strong global supplier relationships, identify opportunities for cost and supply optimization, and ensure sourcing strategies support business and product objectives.
This is a highly collaborative leadership role with significant impact on our global supply chain, manufacturing performance, and long-term business strategy.
What You Will Be Doing
Strategic Sourcing & Cost Leadership Develop and execute the global sourcing strategy for direct materials, aligning sourcing priorities with business objectives, product roadmaps, and manufacturing requirements
Establish and deliver annual and multi-year cost-reduction objectives through strategic sourcing, negotiations, supplier optimization, and total-cost-of-ownership initiatives
Lead strategic negotiations and long-term supplier agreements to improve cost, quality, capacity, flexibility, and overall supplier value
Identify opportunities for supplier consolidation, competitive bidding, should-cost analysis, and other cost optimization strategies
Monitor market conditions, supplier capacity, material availability, and other external factors that may impact cost or supply
Report sourcing performance, savings, supplier risks, and opportunities to senior leadership Team Leadership & Development Lead, coach, and develop a team of sourcing professionals responsible for direct-material categories
Establish clear goals, performance expectations, development plans, and career paths for team members
Build sourcing capabilities, processes, tools, and best practices across the organization
Allocate responsibilities and resources to effectively support business priorities
Foster a high-performing, collaborative, and accountable team aligned with Stratasys values Supplier & Risk Management Develop and maintain strategic relationships with key global suppliers
Lead executive-level supplier reviews and negotiations
Identify, assess, and mitigate supply risks, including capacity constraints, allocations, supplier financial concerns, end-of-life materials, geopolitical risks, and single-source dependencies
Partner with suppliers to improve quality, delivery, cost, capacity, innovation, and overall performance
Develop and execute supplier risk mitigation and business continuity strategies Cross-Functional Leadership Partner with Engineering and Product teams during new product introduction (NPI) to influence sourcing decisions, supplier selection, design-for-cost, and manufacturability
Collaborate with Operations and Manufacturing to ensure sourcing strategies support production requirements and supply continuity
Partner with Quality to address supplier performance and quality issues
Work with Finance to establish sourcing targets, validate savings, and support budgets and business planning
Collaborate across global teams to align sourcing strategies and ensure consistent execution Process & Continuous Improvement Establish and continuously improve strategic sourcing processes, tools, metrics, and reporting
Use data and market intelligence to identify sourcing opportunities and make informed business decisions
Ensure sourcing activities comply with company policies, quality requirements, and applicable regulatory standards
Drive continuous improvement in sourcing effectiveness, supplier performance, and overall procurement capabilities What You Bring
Required 8+ years of progressive experience in strategic sourcing, procurement, purchasing, or related supply chain functions
Significant experience managing direct materials in a manufacturing, technology, hardware, electronics, industrial, aerospace, medical device, or similar environment
Demonstrated experience developing and executing strategic sourcing strategies and delivering measurable cost savings
Experience leading negotiations, supplier agreements, supplier performance initiatives, and supply-risk mitigation
2+ years of experience leading, managing, or developing sourcing/procurement professionals
Strong understanding of supplier management, total cost of ownership, cost analysis, and strategic negotiations What you will be part of: Company Overview - https://www.stratasys.com/en/about-us/history/
Our Culture and Values - https://www.stratasys.com/en/about-us/culture/
Our Sustainability "3D Printing a Better Tomorrow" - https://www.stratasys.com/en/about-us/sustainability/
Our Locations - https://www.stratasys.com/en/contact-us/office-locations/
Check out our Video - https://www.youtube.com/watch?v=6wmDfmt2b