Global Sourcing Manager

Job Description

Job Description

Founded in 1968, HYTORC is the worldwide leader in industrial bolting solutions. Our mission is to optimize safety, quality and schedule, in industrial bolting through innovative solutions and an unyielding commitment to world class customer service. With over 55 years of experience focused entirely on developing new technologies for hydraulic, electric and pneumatic torque wrenches, while creating a worldwide 24 / 7 service network, HYTORC has become the most trusted name in the industry.

Today HYTORC boasts a series of smart bolting systems that communicate with in-house developed apps for system control, data exchange, and software updates. We are proud to be recognized as the innovation leader in our industry, providing award winning solutions to leading businesses globally. Our customers are in various industries, not limited to Oil & Gas, Wind Power, Nuclear, Aerospace, Transportation including SpaceX, GE, NFL Stadiums, Boeing, Tesla and many more.

General Purpose :

This is an ONSITE role located in Mahwah NJ

The Global Sourcing Manager is the international operations leader of the Procurement Department and manages the international process development / implementation, strategy and alignment to the overall process and strategy implemented by the Procurement Department. The Global Sourcing Manager will focus heavily on process documentation, implementation and adherence to ensure local processes and procedures are in alignment with Department directives. Additionally, the Global Sourcing Manager will lead the effort to find and develop local sources of supply in each of the international office locations, while also leading global sourcing projects with a focus on supply base expansion, lead time reduction and cost savings.

Essential Duties and Responsibilities :

• Document, drive and implement standardized Procurement processes for all HYTORC International offices to ensure alignment to HYTORC corporate Procurement Dept directives.
• Promote a collaborative and accountable culture across all international offices.
• Lead in supplier qualification, onboarding, and rationalization projects for the international offices.
• Build and manage strong local and international supplier relationships, using data-driven negotiation tactics to meet quality and cost goals.
• Issue RFQs, evaluate bids, and negotiate contracts that align with business strategy.
• Serve as the primary contact to draft, review, negotiation and approve a variety of international contracts, contract amendments and contract extensions with the support of Contract Administration and Legal.
• Lead and organize cross-functional teams (procurement, quality, finance, operations, sales) for supplier certification / qualification and to ensure continuous alignment with broader company objectives.
• Support compliance with Quality audits, ISO standards, and environmental policies.
• Drive YOY cost savings and value improvements within multiple product lines.
• Analyze markets and supply trends to mitigate risk and anticipate price movements
• Prepares and presents weekly Department KPI briefings to the Procurement Department Senior Manager.
• Works closely with the Procurement Department Senior Manager to plan and allocate team resources to optimize the organizational structure of the team.
• Works closely with the Procurement Department Senior Manager to continually improve and grow Departmental KPIS to promote workload efficiency, strategy execution and risk mitigation.
• Supports the Procurement Department Senior Manager in Global Strategic planning and project execution.
• Works closely with the Procurement Department Senior Manager to develop and implement a Global Sourcing strategy and workflow for HYTORC international locations.
• Support the Procurement Department Senior Manager in all Indirect Procurement projects.
• Regular travel to Vendor / Supplier production facilities to assess production capacity, risk mitigation actions and determine process improvements aimed at controlling cost and ensuring continuous supply.

Supervisory Responsibilities :

The Global Sourcing Manager must have experience in coaching and mentoring sourcing professionals and experiencing in managing 2 or more direct reports.

Education / Experience Required :

Computer Skills Necessary :

Physical Demands / Requirements :

W ork Environment :

The wage range for this role considers various factors in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has been adjusted for the applicable geographic location at which the position may be filled. At HYTORC, we offer Medical (3 plans), Dental, Vision, 401k (50% match up to 8% of salary), Vacation (vacation, sick time, floating holidays, personal days, birthday), HRA, FSA, STD, LTD, Life Insurance (company provides complimentary $25K of basic life insurance), Supplemental Plans (Accident, Critical Illness) Pet Insurance. For an individual to be hired at or near the top of the range for their role and compensation, decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $110,000 to $ 130,000.

#LI-GC1