Hybrid Sourcing Manager

at Ferguson

• Job title: Sourcing Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $7,425 - $12,100 per month
• Degree requirement: Bachelor's Degree
• Tech skills: PMP
• Location requirements: Hybrid, United States

About the role

• Sourcing Manager driving strategic sourcing initiatives and managing supplier relationships at Ferguson. Leading negotiation strategies and enhancing operational value while supporting corporate stakeholders.

Responsibilities

• Lead and implement sourcing methodology and initiatives, including developing sourcing plans, obtaining business alignment, negotiating and implementing contracts, and generating savings
• Proactively engage and collaborate with partners to understand sourcing opportunities, develop requirements, evaluate and conduct competitive RFx events, select suppliers, negotiate, and contract
• Consistently conduct ongoing market research and collaborate with cross-functional teams to understand demand, supplier capabilities, industry trends, and emerging solutions within assigned categories
• Lead and direct sourcing activities to enhance value through continuous improvement of services and solutions while leveraging enterprise spend
• Coordinate activities across business operations and corporate functions to effectively interact with partners at all levels of the organization
• Negotiate sophisticated agreements primarily for professional services and consulting engagements, including MSAs, PSAs, SOWs, and select technology-enabled solutions
• Analyze historical spend, contract, and market data to identify trends, risks, and optimization opportunities
• Stay informed of technology, process, and service innovations relevant to business operations and apply appropriate solutions to improve outcomes
• Draft, negotiate, and complete contracts in close collaboration with the business, Legal, IT Security, Vendor Management, and other relevant business partners
• Select vendors and service providers that meet business needs through comparative market analysis, strategic planning support, pricing development, and issue resolution
• Maintain awareness of current market trends, supplier capabilities, and changes across traditional and emerging indirect spend solutions
• Handle and optimize supplier performance, including contract compliance, continuous improvement, innovation, and total cost of ownership reduction
• Lead cross-functional teams through a structured sourcing and project management process to achieve business operations and enterprise objectives
• Identify new business requirements and opportunities for cost savings, including process efficiencies and operational improvements
• Monitor, measure, and audit contract and supplier performance throughout the lifecycle.

Requirements

• Bachelor’s or Associate degree in Business, Finance, Supply Management, Project Management, or related field preferred
• Minimum of 3 years of experience leading supplier negotiations and handling contracts within indirect spend or business operations categories
• Experience in procurement, strategic sourcing, process improvement, or related business functions
• Professional certifications such as CPSM, PMP, or equivalent experience preferred
• Strong understanding of sourcing concepts, commercial negotiations, and contract management
• Demonstrated ability to deliver enterprise value through effective negotiations across indirect spend categories
• Excellent analytical, problem-solving, and critical thinking skills with the ability to make data-driven decisions
• Strong communication skills with the ability to actively engage partners at all levels, including executive leadership
• Proven ability to build strong internal partnerships and productive supplier relationships.
• Ability to lead cross-functional teams in the accomplishment of company goals
• Ability to be creative and innovative in finding solutions and negotiating strategies
• Self-starter with strong organizational, time management, and prioritization skills
• Proven leadership skills with the ability to lead others.
• Creative and innovative attitude with a focus on continuous improvement
• Evidence of an ability to work cross-functionally with colleagues across multiple groups and departmental including technology, operations, finance, and legal.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Paid time off
• Life insurance
• 401(k) with company match
• Mental health coverage
• Gender affirming and family building benefits
• Paid parental leave
• Associate discounts
• Community involvement opportunities