Sourcing Manager

Are you an individual who wants to play a game changing role and make an impact in a fast-growing organization? We at Northern are waiting for you. Join us and unleash your potential

We are hiring Sourcing Manager

Join the core group of founding members at the NTE India to build an organization from the ground up.

PRIMARY OBJECTIVE OF POSITION:

To develop, implement and oversee strategies for various Indirect Materials & Services. Primary focus will be to reduce annual expenditures in I/T, Marketing Legal Services, Retail Store Construction & Fixtures, and other categories determined by company management.

MAJOR AREAS OF ACCOUNTABILITY:

Leads indirect strategic sourcing and implementation of assigned categories in close partnership with functional stakeholder groups. Develops strategies for assigned indirect service categories including new I/T, new store construction. marketing, professional services and other categories.
Completes an in-depth spend analysis and spend category segmentation to identify opportunities across all assigned indirect categories. Tracks performance for each spend category and drives progress to meet annual operating plan goals. Establishes historical spend baseline by working collaboratively with other departments like Finance, to extract data from various sources to create a master data set.
Maintains and disseminates knowledge and awareness of industry issues, trends, and developments for assigned commodity area. Determines market conditions, initiative objectives, and gather requirements.
Strategizes optimal sourcing processes based on savings levers and required timeline. Identifies and qualifies suppliers capable of providing materials and services to meet Company requirements, ensuring productivity, continuous improvement, and negotiated lowest total overall cost.
Screens, identifies, and selects qualified potential suppliers based on capability, quality control, and cost competitiveness. Ensures competitive pricing on all sourced components through extensive market analysis and benchmarking.
Conducts and manages the entire bid process for complex projects. Leads negotiation strategy development and execution for all indirect categories to achieve year-over-year improvement in the overall cost of operations and services.
Negotiates pricing and other commercial terms with qualified suppliers. Manages supplier relationships including negotiating contracts and prices, monitoring supplier performance, selecting/analyzing the supply base, and developing and executing the site supplier strategies and commodity plans.
Assesses, manages, and mitigates any corporate risk associated with complex sourcing initiatives. Makes business case recommendations for decision(s) based on quantitative and qualitative evaluation factors.
Creates, negotiates, implements, and manages long-term complex purchase agreements with critical suppliers covering all applicable areas. Develops and implements industry best practice sourcing and contract negotiations, including the identification of new sources and programs for indirect materials and services.
Implements sourcing solutions, performs contract management and supplier reviews, and updates appropriate stakeholders as needed.
Build’s effective partnership and collaboration relationships with appropriate business teams & stakeholders to ensure project success.
Keeps supervisor informed of important developments, potential problems, and related information necessary for effective management. Coordinates and communicates plans and activities with others to ensure a coordinated work effort and team approach.
Performs related work as apparent or assigned.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor’s degree or equivalent in sourcing, merchandising or related field.
At minimum of 5 years of relevant experience in Strategic Sourcing of Indirect Materials & Services.
Excellent understanding of indirect procurement process in a corporate, retail or manufacturing environment.
Knowledge of indirect material categories including but not limited to sales & marketing, new store construction, outsourced I/T and legal services, corporate travel, company insurance programs, and utilities cost management.
Through knowledge of other departments and functions as they relate to merchandising.
Strong organizational and communication skills required.
Strong negotiation skills including experience with large contract negotiations.
Ability to influence without direct authority, at all levels of an organization.
Ability to identify and pursue multiple initiatives simultaneously and deliver strong results.
Ability to keep multiple projects on schedule simultaneously.
Ability to work accurately with numbers and details.
Computer knowledge and skills required, including Microsoft Office Products.
Ability to communicate effectively, both orally and in writing, with all levels of NTE management and vendor personnel.
Demonstrates Northern Tool + Equipment’s 12 Core Competencies.

About the Company

Northern Tool + Equipment is a retailer and manufacturer that specializes in offering superior quality tools at great prices, along with the knowledge and support needed to help customers get the job done right.
They’ve been in business for over 40 years, recently reaching revenues over $1.5 billion. The company not only supplies over 100,000 tools from the top brands in the industry but also designs, manufactures, and tests an extensive lineup of premium private label products that customers can’t get anywhere else.
Northern Tool’s far-reaching customer base includes handy men and women, weekend hobbyists, serious do-it-yourselfers, full-fledged contractors, trade professionals, and more. The company’s products can be found in over 140 retail stores in the USA, on its comprehensive international website, and via numerous catalogs throughout the year. Recently Northern Tool has expanded operations to offices in India to serve its global distribution better.

We are recently named as one of the Top Workplaces for MidSize Employers by Forbes in the US.
We have also been recognized as the “Top GCC to work for in AI and analytics” and our India HR team as the “Top HR Professionals in AI and Analytics” by 3AI which is a professional firm associated with analytics within India.

About NTE India

Northern Tool is making a significant investment in business transformation. We are committed to providing our customers with an exceptional experience. The team in India will enable Northern Tool to expand its internal capabilities in Finance, Merchandising, Product Engineers, Manufacturing Ops, Marketing, Contact Center, and Information Technology.

Why Northern?

True Northern: We know that our strength is our people. The distinct abilities they bring into the system are the key to our success. We seek talented people who wish to share their initiative, ideas, and expertise; we develop and support our teams, and we put them in a position to succeed. We know our customer; we provide value, and we act with integrity. We are True Northern.

Build Lasting Relationships: At Northern Tool + Equipment, we’re far more interested in building relationships than we are in simply making transactions. Our purpose is building a long-lasting relation with our customers and employees.

We care for our customers, employees and society. Our customer base is exceptionally loyal because customers know that we will give them the right solution.

Accelerate Decision Making: by collaborating with the brightest minds, bring ideas to life across our value chain of business operations across our vast network of over 140 stores across the US.

Lead with Innovation: Join us to elevate our customer experience with cutting-edge products, technology, and business processes and drive our business forward.

We are Family: As a family-owned business, we have respect for personal lives; wherever possible, we strive for flexibility in work schedules, and we maintain a relaxed, professional atmosphere.

Does this sound interesting?? Be an early applicant

Northern Tool is an Equal Opportunity Employer. We encourage and empower everyone and support diversity in experience, and point of view. We are pledged to a fair and a transparent hiring process with no discrimination of race, color, ancestry, religion, gender, national origin, age, citizenship, marital status, disability, or veteran status.