Sourcing Manager, LCM

Sourcing Manager, LCM – Remote

Come build something that matters.

It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of excellence. People who care about making things better For Those Who Make The World™. Sound like you? Join our top-notch team of approximately 43,500 diverse and high-performing professionals globally who are making their mark on some of the world’s most beloved brands, including DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, and HUSTLER®.

The Job:  

As a Sourcing Manager, Lead Category Manager (LCM), you’ll be part of our Global Supply Management (GSM) team working as a remote employee.  You’ll get to:  

• Focus on the effective and efficient procurement of finished goods products, with a primary focus on Hand Tools (sub-categories with Hardlines and Screwdrivers), in support of Stanley Black & Decker's vision.
• Responsible for defining, leading, and monitoring holistic supplier and category strategies, driving sourcing productivity, and delivering year-over-year productivity and working capital goals.
• Manage direct material spend of up to approximately $50M and interacts with suppliers and colleagues across geographies and work cultures.

Strategic Supplier Management

• Establish, maintain, and develop strong relationships with key global suppliers to ensure quality, cost, delivery, and productivity targets are met.
• Serve as an escalation point to resolve supplier performance issues.
• Establish regular communication cadence with strategic suppliers.
• Initiate and implement Supplier Days (supplier workshops / Kaizen events).
• Support, organize, and participate in supplier conferences and summits.
• Implement strategic supplier management, supplier risk management, supplier diversity, and CSR programs (leveraging GSM's Center of Excellence).
• Develop and foster global supplier relationships that deliver cost reduction, supply assurance, quality improvement, and innovation.

Category & Material Field Strategy

• Define, lead, and monitor global supplier and category strategies, with a focus on categories within Hardlines and Screwdrivers.
• Independently develop future-oriented strategies and purchasing concepts aligned with the company's global orientation, with the aim of cross-plant application.
• Consider unique/specific SBU needs during category strategy implementation; provide SBU expertise to category and regional leadership.
• Understand and link category/sourcing strategy with GSM priorities and SBU goals.
• Implement category strategies in support of the business vision and margin resiliency initiatives.
• Maintain and control correct supplier classification in product groups and subgroups (SIEVO).
• Drive reduction in the number of suppliers and bundling of purchasing volumes.
• Institutionalize best-practice processes, policies, and knowledge sharing between GSM and SBU to ensure continuous improvement.

Negotiations & Contract Management

• Negotiate, implement, and manage supplier contracts and service level agreements.
• Ensure contract compliance (internal approval process), signature regulations, and registration in the group-wide database.
• Monitor markets and trends to proactively renegotiate prices with suppliers.
• Analyze and negotiate price adjustments by suppliers.

Tenders, Benchmarks & Sourcing Execution

• Lead the supplier selection process through management of formal RFP, RFQ, and RFI processes.
• Carry out price comparisons to optimize the procurement situation; initiate price and value analyses, substitution of parts/materials as needed.
• Accompany new part projects in cooperation with development from the product development phase to achieve cost reductions.
• Utilize modern purchasing tools (eRFQ, eAuctions, Should Costing).
• Create TCO value through a combination of productivity, working capital, synergies, reduced risk, and improved supplier lead times.

Program & Project Management

• Lead and drive program management for core initiatives in Productivity, Working Capital, and Supplier Performance.
• Plan and implement programs/projects including complex large-scale initiatives; define content, goals, and individual milestones.
• Coordinate and monitor milestones, interfaces, dates, and services (internal and external); initiate corrective measures as needed.
• Ensure New Ways of Sourcing are utilized and state-of-the-art reports are developed and implemented (e.g., Power BI, Smartsheet).
• Lead individuals and teams to deliver results; reporting relationships may be solid, dotted, o