Outsourcing Business Owner responsible for managing outsourcing and ICT relationships in fintech. Leading contract reviews and compliance governance across the Client Impact team.
About the role
- Senior Sourcing Manager leading procurement activities for capital equipment and maintenance services. Driving supplier selection, contract negotiation, and lifecycle cost optimization at S&C Electric.
Responsibilities
- Partner with departmental/value stream leaders and key stakeholders to implement a global sourcing strategy for Capital Equipment and Maintenance based on industry and market trends and conditions and continue to assess in the medium/long term (3-5 years) horizon.
- Develop a segmentation database/strategy to provide visibility to S&C management & key stakeholders.
- Lead sourcing for capital projects including manufacturing equipment and facility upgrades, and infrastructure investments.
- Partner with Engineering, Operations, and Finance to align sourcing plans with CapEx budgets and ROI targets.
- Manage RFx processes, supplier/bid evaluations, and total cost of ownership analyses.
- Oversee sourcing of maintenance services, spare parts, and MROC supplies.
- Develop supplier performance metrics focused on uptime, responsiveness, and cost control.
- Collaborate with Maintenance/Facility teams to forecast needs and reduce unplanned downtime.
- Build and maintain strategic supplier relationships across capital and maintenance categories.
- Lead negotiations on contracts, service level agreements, and warranties to mitigate risk and ensure value and optimized TCO (Total Cost of Ownership).
- Monitor market trends and identify alternative sources to improve competitiveness.
- Ensure sourcing activities comply with internal policies, safety standards, and regulatory requirements.
- Support audits and documentation for capital projects and maintenance contracts.
- Function as sourcing lead on cross-functional capital project teams.
- Manage contract compliance activities
- Maintain regular and punctual attendance.
- Attend in-person or virtual meetings as requested or required.
- Communicate effectively and respectfully with others.
Requirements
- Bachelor’s degree in Supply Chain Management, Engineering, Business, or related field, or equivalent experience.
- 5- years of sourcing experience, with at least 2 years in capital equipment or maintenance categories in the manufacturing industry.
- Strong negotiation skills and experience with complex contracts.
- Sound understanding of manufacturing processes for industrial products and components, including fabrication and machining, both passive and active.
- Familiarity with asset lifecycle management, CapEx planning, and MRO optimization.
- Ability to lead project teams and provide direction to cross-functional project groups.
- Great critical thinking, organizational, planning and project management skills, coordinating internal and external resources, creative problem-solving when obstacles arise, and juggling a heavy volume of diverse operational/tactical projects to deadlines and budgets.
- Great people skills to establish meaningful relationships built on mutual trust and respect, navigate and resolve conflict, moderate behaviors and foster collaborative working relationships amongst a diverse audience.
- Sound communication skills, (written, verbal, listening and presentation) able to liaise with internal and external stakeholders at all levels from leadership to support staff. Ability to influence leaders toward making sound supply management decisions.
- Sound business acumen and analytical skills with the ability to use and analyze data to drive informed decisions, problem-solve difficult issues and leverage data and learnings to drive continuous improvement.
- Financial acumen and numerical ability to manage budgetary resources to maximum effectiveness.
- Proficiency in Microsoft Office products including Outlook, Excel, and PowerPoint
- Ability to travel.
Benefits
- Medical & Prescription
- Dental
- Vision
- Health Care and Dependent Care Flexible Spending Accounts
- Health Savings Account (HSA)
- Group Life Insurance
- Optional Supplemental Life and AD&D Insurance
- Wellbeing Resources including Employee Assistance Program and Family Forming Benefits (i.e., Adoption and Fertility support)
- Vacation Time
- Sick Time
- Paid Holidays and Company Shutdown days
- Short-Term Disability
- Long-Term Disability
- Other Leaves
- Paid Parental Time
- Military Leave
- 401(k) Retirement Savings
- Employee Stock Ownership Plan (KSOP) offering traditional and Roth 401(k) options and an Employee Stock Ownership Plan (ESOP) component
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