Strategic Sourcing Manager

Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We’re focused on the areas of greatest market need - both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team.JOB SUMMARY:The Strategic Sourcing Manager is responsible to lead Procurement activities for a defined commodity group from the point of customer award through end of production. Scope of responsibility may be regional and/or global (in accordance with Commodity Team alignment).PRINCIPAL RESPONSIBILITIES:Work with the Commodity Manager to provide input to and execute global commodity strategy.- Define Stoneridge’s current and future global needs for specific commodity groupings.- Evaluate nature of market supply along with process and technology trends- Source in accordance with the commodity strategy.- Interact with internal stakeholders to drive standardization and strategy execution.- Define and execute strategic sourcing decisions.- Source material requirements to the required specification at a competitive best landed cost terms and in accordance with program targets.- Participate in APQP activities and drive suppliers towards on time product launch.- Ensure no disruption of material supply that will result in a production stoppage. Expedite orders to ensure on-time deliveries as needed. Negotiate supplier compensation for non-performance (when supplier is at fault).- Drive continuous improvement and cost reduction activities.- Manage prices:- Define initial pricing and ensure accurately reflected in ERP systems;- Resolve or escalate changes in price due to supplier by utilizing the Price Change processCalculate lowest total cost on quantity/price tradeoffs and work with Planners to execute- Assist in annual standard setting.- Manage Tooling contracts:- Ensure that tooling information is gathered for new tools including tooling contracts- Collect and organize tooling information for existing tools- Resolve or escalate supplier requests for tooling maintenance.- Manage prototype purchases (e.g. order issuance, delivery timing).- Evaluate and participate in the vendor qualification process.- ERP System (JD Edwards, Proceedo) database maintenance and integrity.- Contract review and negotiation, as needed.- Liaise with suppliers both on and off site with a view to improving supplier performance.- Engage and influence stakeholders in Procurement and cross-funtionally.EDUCATION:Bachelor’s degree in engineering, business, or related field; MBA preferredEXPERIENCE:3 years of experience in purchasing or 5 years in manufacturingKNOWLEDGE:- Demonstrated executive disposition along with ability to negotiate at Senior levels- Good English language skillsFUNCTIONAL COMPETENCIES- Ability to create and deliver clear, persuasive presentations- Strong verbal and written communication skills with ability to interact positively with all levels in the organization- Ability to work independently as well as within a teamTECHNICAL COMPETENCIES- Experience working in global project team- Proficient in Microsoft Office package- Responsibility for operating expense budget- Revenue direct responsibilities