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Hubbell Incorporated
Manager Sourcing - Non-Ferrous, Copper
Career Insights for Procurement / Sourcing Manager
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Based on South 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.
$123,596 / year median in South Carolina
+6% projected growth
Job Description
Job Overview
The Sourcing Manager - Non Ferrous, Copper, will develop and execute sourcing strategies for assigned categories and/or assigned items. Assigned items may include and not necessarily limited to copper and/or other direct materials. Plan and implement activities for cost reduction with cost being defined as cost, payment terms, lead-time, and quality of assigned category products.
Provide leadership to the organization with respect to assigned category. Prioritize and maintain balance between cost of acquisition and cost of possession to maximize return on investment including methodologies to maximize working capital. Balance workload across all Hubbell Incorporated sites and the two Hubbell Business Units; Hubbell Utility Systems and Hubbell Electrical Solutions.
A Day In The Life Strategic Supplier Management
Provide leadership to the organization with respect to assigned category. Prioritize and maintain balance between cost of acquisition and cost of possession to maximize return on investment including methodologies to maximize working capital. Balance workload across all Hubbell Incorporated sites and the two Hubbell Business Units; Hubbell Utility Systems and Hubbell Electrical Solutions.
A Day In The Life Strategic Supplier Management
- Lead/Support supplier sourcing, evaluation and selection, negotiation, performance monitoring, relationship management, and continuous improvement for assigned commodities and processes
- Work closely with cross functional leadership to develop and maintain technology and/or product strategies
- Develop and maintain strong global supplier relationships, including supplier site visits and relationships at all levels of their organization
- Supervise and report on supplier strategies, spend, business allocation, capability gap analysis and facilitate cross-functional review and evaluation
- Develop strategies for the mitigation of risk in the supply chain, overall and for specific new product programs
- Provide benchmarking studies and market analysis
- Negotiate buys & long term agreements
- Organize and lead regular strategic supplier business reviews
- Generate and present supplier performance metrics to suppliers
- Facilitate the support of category analysis (internal and external) in support of the Strategic Sourcing processes
- Develop vertical supply chain relationships and cost controls through multi-party sourcing opportunities
- Help improve processes and demonstrate technology to reduce costs, and report measured performance
- Contribute to Total Cost of Ownership (TCO) reduction efforts and initiatives to achieve the benefitsWhat will help you thrive in this role?