The Toro Company
SourcingManager
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“Sourcing Manager at The Toro Company. Skills: process management, cross-functional coordination, vendor/stakeholder management, operational metrics, resource planning, continuous improvement. Manages a team of Commodity Managers, Supervisor(s), and Specialists for assigned supply categories in the effective development and execution of strategic initiatives and tactical procurement for the Sourcing organization to include but not limited to contract negotiation and adherence, supplier selection,”
What You'll Achieve.
Year-over-year cost improvement; On-time delivery / service levels; Spend under contract; Supplier quality performance (PPM) and corrective action closure effectiveness; Working capital optimization (payment terms + lead time, VMI, & MOQ impacts to inventory); Compliance to sourcing policies and standard work; deliver on KPIs; drive results and compliance
Industry & Context.
analytical capabilities; Develop and implement corrective action and mitigation plans where needed to deliver on KPIs
Willingness to travel up to 30% of total time, with ability to operate a vehicle
What They're Looking For.
Must Have
Minimum of 7+ years' experience in sourcing (Sourcing Manager II), Minimum of 3+ years' experience in supervising (with sourcing professionals preferred) (Sourcing Manager II), Demonstrated leadership skills including interpersonal relationship building, team facilitation, coaching and mentoring, performance management, and ability to provide both positive and constructive feedback, Excellent written and verbal communication skills, able to clearly and concisely communicate information at multiple levels and capable of effective executive management presentations / communications, Ability to adapt easily to change and work in a fast-paced environment, Advanced contracting and negotiations skills – win/win approach, strategy and tactic development, knowledge of contracting principles, laws, regulations, and industry standards, Possess a technical background, demonstrating a base level of mechanical ability to understand physical parts and components based on verbal descriptions or mechanical drawings, Experience working with and understanding technical specifications, as well as a varied background in commodity areas (such as raw materials, castings, stampings, electronics, engines, etc. ), analytical capabilities coupled with solid business and financial acumen, Proven supplier negotiation skills, experience with Microsoft Excel and Word, as well as with ERP planning, Quick study-able to gain a fact based understanding of current supplier base, supplier economics, and major trends in relevant markets, Passion for reducing costs, Exhibits high energy and the enthusiasm to establish a new approach to sourcing, Self-starter and independent worker-able to juggle priorities
Nice to Have
MBA desired, CPIM, ISM, NAPM, CPSM or APICS certification preferred, Experience with SAP is a plus
What You'll Do.
Manages a team of Commodity Managers
and Specialists for assigned supply categories in the effective development and execution of strategic initiatives and tactical procurement for the Sourcing organization to include but not limited to contract negotiation and adherence
and supplier performance management.
Lead a team of Commodity Managers & Specialists in the development and implementation of category strategies coupled with tactical procurement execution to enable our businesses and factories to deliver on our customers’ expectations and achieve our commercial objectives
Accountable for the overall supplier cost
and delivery performance for assigned spend categories
Coach and develop team
Ensure team has tools
and training to accomplish goals
Manage supplier relationships at executive and managerial levels and serve as an escalation point for commercial and operational sourcing issues
Develop and implement corrective action and mitigation plans where needed to deliver on KPIs
Support team in regular quarterly business reviews with key suppliers
Ensure team is leveraging procurement tools including SAP with best practices for efficiency
and accuracy of procurement data
Lead and/or approve sourcing events and award recommendations aligned to total cost decision making
Analyze demand by facility
and drive subsequent procurement activities
Identify and launch procurement projects and initiatives to improve processes
analyze effectiveness
and drive results and compliance
Build and resilient supply chains that are cost effective
Keep well-informed of external factors that may affect our supply chain as well as changes in our business and technical needs to ensure our category strategies and supply base continue to evolve to enable our stakeholders’ success
All other tasks and projects as assigned
How You'll Work.
Team & Collaboration
cross-functional coordination; Manage supplier relationships at executive and managerial levels; serve as an escalation point for commercial and operational sourcing issues; Support team in regular quarterly business reviews with key suppliers; Ensure team is leveraging procurement tools including SAP with best practices for efficiency, execution, and accuracy of procurement data; collaborate in the office and work from home part-time
Communication Scope
Excellent written and verbal communication skills; able to clearly and concisely communicate information at multiple levels; capable of effective executive management presentations / communications
Process & Methodology
strategic initiatives, tactical procurement execution, procurement projects, continuous improvement
Full Job Description
**Applicants must be legally authorized to work in the United States. We are unable to sponsor or take over sponsorship of a school/employment or any other visa, regardless of expiration date, now or in the future.** **Who Are We?**__ The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us. From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and a healthy tenure, come find out what makes The Toro Company the best place in the Twin Cities to build a career. As the **Sourcing Manager,** you will Manages a team of Commodity Managers, Supervisor(s), and Specialists for assigned supply categories in the effective development and execution of strategic initiatives and tactical procurement for the Sourcing organization to include but not limited to contract negotiation and adherence, supplier selection, and supplier performance management. **What Will You Do?** In order to grow and build a successful career with The Toro Company, you will be responsible for: * Lead a team of Commodity Managers & Specialists in the development and implementation of category strategies coupled with strong tactical procurement execution to enable our businesses and factories to deliver on our customers’ expectations and achieve our commercial objectives * Accountable for the overall supplier cost, quality, and delivery performance for assigned spend categories * Coach and develop team * Ensure team has tools, skill sets, processes, and training to accomplish goals * Manage supplier relationships at executive and managerial levels and serve as an escalation point for commercial and ope
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