Business Unit: Advanced Thin FilmsAddress: 1625 S Fordham St, Longmont, CO 80503, USAIf you're looking for a special place to build or grow your career, you've found it. IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
Position Summary The Strategic Sourcing Manager will play a crucial role in managing and optimizing the supply chain operations of the business. This position will focus on sourcing, analyzing, and improving supplier relationships to achieve cost savings, process efficiencies, and value creation.
Duties & Responsibilities Cost Saving Project Management: Understand sourcing implications to broader business and own a component of productivity and DMI reporting. Lead cost-saving initiatives by negotiating favorable payment terms and pricing. Drive process improvements to reduce costs and enhance supplier relationships while minimizing inventory on hand.Sourcing Strategies and Compliance: Develop, plan, and implement sourcing strategies including finding innovative solutions to create enhanced value and reduced risk in stockouts. Identify and implement optimal inventory management systems. Ensure best value, price, compliance, and operational efficiencies. Manage contractual flowdowns with suppliers. Oversee contract negotiations and monitor implementation.Supplier Management and Risk Mitigation: Manage supplier relationships, build trust, and address performance issues related to quality, delivery, and commitments. Implement risk management activities including identifying second sources for critical materials. Manage inbound and waste stream throughout the facility. Identify suppliers' sustainability goals and report to leadership to align with company's ESG goals. Track and report supplier performance, including cost savings and spend.Spend Analysis and Cost Optimization: Identify, develop, and implement optimized cost source of supply for each commodity. Provide in-depth spend analysis, supplier assessments, and financial perspectives. Initiate requests for competitive bids.Experience / Skills / Abilities Degree in business, supply chain management, engineering, or equivalent.Experience in a manufacturing environment.Travel required less than once a quarter.Experience in working with ERP systems.Prior supply chain or procurement experience.Requirements Certain positions with IDEX Corporation and its business units require access to controlled goods and technologies subject to the International Traffic in Arms Regulations or the Export Administration Regulations. Applicants for these positions may need to be "U.S. Persons," as defined in these regulations.
Total Rewards The compensation range for this position is $83,500.00 - $125,300.00, depending on experience. This position may be eligible for a performance-based bonus plan.
Benefits Package Our comprehensive U.S. benefit offerings include health benefits, 401(k) retirement savings program with company match, PTO, and more.
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know.
#J-18808-Ljbffr
