Global Sourcing Manager

Global sourcing managers manage their companies' service and material sourcing teams. They frequently travel both domestically as well as internationally. They are accountable for establishing and maintaining the efficiency of the structure of supply chains, and also for ensuring conformity with regulatory bodies and best practices guidelines. They set targets and establish motivations for their teams, and also ensure that they are synchronized starting at the beginning in the process until the end of the supply chain. To ensure continuous supply of services and materials Global sourcing managers must be able to establish close relations with partners and vendors and communicate their contribution to the business. They should give direction and guidance to their employees and take discipline when needed.

Experience with the sourcing process is usually required for this job. At minimum one other language than English is usually required in addition and two or more languages are preferred. A knowledge of other cultures and a high level of interpersonal communication are also required. Global sourcing managers typically are employed full-time in an office environment during normal business hours, however, alternative hours and/or extended hours could be needed, since their responsibilities span across a variety of time zones.

As a Global Sourcing Manager with 6-9 years of experience in the United States, your main responsibilities include:

• Managing vendor relationships, negotiating contracts, and ensuring timely delivery of goods and services.
• Conducting market research to identify potential suppliers, comparing prices, and evaluating their capabilities.
• Developing and implementing sourcing strategies to optimize cost, quality, and efficiency in the supply chain.
• Collaborating with cross-functional teams to align sourcing activities with business objectives, mitigate risks, and drive continuous improvement in procurement processes.

For a Global Sourcing Manager job role, the following qualifications are required:

• Extensive experience in strategic sourcing and procurement, preferably in a global setting. This includes a strong understanding of supplier selection and evaluation, contract negotiation, and risk management.
• Proven track record in achieving cost savings and optimizing the supply chain through effective sourcing strategies. This requires a deep understanding of market trends, supplier capabilities, and the ability to identify opportunities for consolidation and process improvement.
• Excellent project management skills to oversee multiple sourcing initiatives simultaneously, from supplier identification to onboarding. This involves setting goals and timelines, coordinating cross-functional teams, and ensuring successful implementation.
• Strong interpersonal and communication skills to build relationships with internal stakeholders and suppliers.

The role of a Global Sourcing Manager is crucial in overseeing procurement strategies and optimizing supply chain operations. For professionals with 6-9 years of experience in the United States, there are several alternative roles available in the field. Here are following options to consider:

• Supply Chain Manager: This role involves end-to-end management of the supply chain, including procurement, logistics, and inventory management.
• Category Manager: A position focused on strategic sourcing and supplier relationship management for specific product or service categories.
• Operations Manager: Responsible for overseeing the operational efficiency of the organization, including process improvement, cost optimization, and performance management.
• Vendor Manager: This role involves managing relationships with external vendors, ensuring contractual compliance, and driving performance improvement.

Based on recent data and market trends, the role of Global Sourcing Manager in the United States is projected to experience significant growth. Over the past 10 years, this job position has steadily expanded, with a consistent increase in demand. As more companies take a global approach to sourcing and supply chain management, the need for skilled professionals in this area is expected to rise. Employment opportunities in this field are predicted to continue growing, offering numerous job prospects in the future.