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Strategic Sourcing Manager
Career Insights for Procurement / Sourcing Manager
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Based on North Carolina data
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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.
$133,322 / year median in North Carolina
+4% projected growth
Job Description
Strategic Sourcing Manager Vulcan Elements Durham, NC Job Details 1 day ago Qualifications Vendor relationship building Supply chain risk management MRP Project management Bachelor's degree Supply chain management solutions (enterprise solutions) Vendor relationship management Contracts Negotiating purchasing contracts Procurement risk management Supply chain planning Full Job Description Vulcan Elements is manufacturing American rare-earth permanent magnets to enable a secure and resilient future. With a focus on national security and economic resilience, we serve critical industries including defense, aerospace, automotive, and advanced manufacturing—powering a high-technology future. As the Strategic Sourcing Manager, you will develop and execute sourcing strategies for critical raw materials, manufacturing equipment, production services, and strategic suppliers supporting domestic rare-earth magnet manufacturing. You will play a key role in building resilient supply chains that enable rapid production scale-up while reducing supply risk, controlling cost, and ensuring long-term supply security for one of America's most critical manufacturing industries. Responsibilities Develop and execute sourcing strategies supporting the production raw material requirements Identify, evaluate, qualify, negotiate, and manage strategic supplier relationships across domestic and international markets. Lead commercial negotiations for purchase agreements, long-term supply agreements, pricing structures, and supplier partnerships. Support supply chain resilience initiatives through supplier diversification, inventory optimization, risk mitigation, and business continuity planning. Monitor global commodity markets, rare earth pricing, geopolitical developments, tariffs, trade restrictions, and regulatory changes impacting supply availability and cost. Partner with Engineering, Manufacturing, Operations, Quality, and Program Management to support new product introductions, supplier qualification, and production readiness. Collaborate with Logistics and Trade Compliance to optimize transportation, customs strategies, Incoterms, and international supplier operations. Perform make-versus-buy analyses, should-cost modeling, total cost of ownership evaluations, and sourcing recommendations. Develop and monitor supplier performance metrics, including quality, delivery, cost, responsiveness, and continuous improvement initiatives. Support government, defense, and commercial customer requirements related to domestic sourcing, traceability, supply chain security, and DFARS compliance. Drive cost savings, productivity improvements, and strategic sourcing initiatives while maintaining continuity of supply. Maintain accurate supplier records, contracts, and sourcing documentation within ERP and procurement systems. Responsibilities and tasks outlined are not exhaustive and may change as determined by the needs of the business Qualifications Bachelor's degree in Supply Chain Management, Engineering, Business, Materials Science, or a related technical discipline. 5+ years in strategic sourcing, procurement, supplier development, or professional work experience Experience negotiating commercial agreements and managing strategic supplier relationships. strong understanding of supplier risk management, contract negotiation, commodity management, and total cost of ownership principles. Experience using ERP, MRP, procurement, supplier relationship management (SRM), and supply planning systems. Excellent analytical, negotiation, communication, and project management skills Must be a U.S. Person due to required access to U.S. export-controlled information or facilities.