Strategic Sourcing Manager - Components

The Strategic Sourcing Manager - Components is responsible for sourcing critical materials and components. This role requires component industry expertise (O-rings, fasteners, inserts, seals, etc.) in supplier relationship management, negotiation, cost analysis, and strategic sourcing to ensure optimal quality, pricing, and delivery schedules of materials and components.

JOB DUTIES & ESSENTIAL FUNCTIONS:

This list of duties and responsibilities is not all-inclusive and may be expanded to include other duties and responsibilities, as management may deem necessary from time to time.

• Develop and execute sourcing strategies to secure high-quality components, materials, and services required for production and maintenance
• Identify, evaluate, and onboard suppliers/vendors while fostering long-term partnerships to ensure a reliable supply chain
• Negotiate contracts, terms, pricing, and agreements to achieve cost savings without compromising quality or delivery
• Cultivate and manage strong relationships with suppliers, monitoring performance and adherence to quality, cost, and delivery standards
• Collaborate cross-functional improving engineering, production, and quality assurance teams to address supplier-related issues and improve processes
• Conduct annual supplier evaluations, audits, and performance reviews to drive continuous improvement
• Analyze cost structures, market trends, and pricing to optimize purchasing decisions and reduce costs without sacrificing quality or reliability
• Develop and manage budgets for procurement activities, ensuring alignment with organizational goals and cost-saving initiatives
• Manage contracts, agreements, and purchase orders, ensuring compliance with company policies, regulatory requirements, and industry standards
• Oversee documentation, track purchases, and maintain accurate records of procurement activities
• Support AP department to fix any payment issues that affect supply chain
• Drive continuous improvement initiatives within the procurement process, implementing best practices, and innovative strategies to enhance efficiency and reduce costs
• Stay updated with market trends, new technologies, and industry developments to leverage opportunities for process enhancement and innovation
• This individual will work in a way that stresses the importance of preventing injury, accidents, or illnesses to themselves or co-workers by correcting or reporting unsafe situations, incidents, or occurrences to their Supervisor immediately

• Bachelor’s degree in business administration, Supply Chain Management, Engineering, or related field
• 5+ years of experience in procurement, purchasing, or supply chain management of components, preferably in the automotive industry for OEMs or Tier 1 suppliers
• Strong negotiation, analytical, and problem-solving skills
• Proficiency in procurement tools/software, ERP systems, and Microsoft Office (proficient in excel)
• Excellent communication, interpersonal, and leadership abilities
• Comprehensive understanding of supply chain processes, logistics, and inventory management
• Knowledge of automotive/trucking industry regulations, standards, and market trends
• Ability to multitask, work under pressure, and manage complex projects effectively

Nexxta is an Equal Opportunity Employer.