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Sourcing Category Manager

Company: LUFKIN INDUSTRIES
Location: Missouri City
Posted on: January 11, 2022

Job Description:

Job Purpose:

Establish and continuously optimize the sourcing strategy for direct material categories such as metals, machining, fabrication and electronics in alignment with overall business goals.

Partner with key stakeholders in Sales, Product Line Management, Manufacturing and Procurement to understand the business needs and establish requirements, scope and criteria for sourcing projects.

Implement strategies and tactics to effectively manage sourcing of products/services that minimizes total cost of ownership (material cost, freight, duties/tariffs, inventory, quality) and reduces supply risk.

Responsibilities may include managing a team of one or more Sourcing Specialists.

Key Accountabilities:
Develop sourcing strategy for various direct material categories that reduce cost, secure supply and minimize supply chain disruptions.
Conduct Global RFQs and lead the supplier evaluation and selection processes, in coordination with product line, supplier quality, manufacturing and other key stakeholders.
Negotiate, execute and manage strategic supplier contracts
Evaluate and improve purchasing terms and conditions.
Monitor sourcing projects to ensure on-time completion and full implementation
Analyze spend, rationalize suppliers and manage onboarding and phasing out of suppliers
Support Sourcing Manager in generating and implementing efficient sourcing management strategies. Analyze and calculate costs of procurement and suggest methods to decrease cost.
Collaborate with engineering, product line management, manufacturing and quality to identify and drive productivity opportunities
Develop an understanding of global market trends in terms of cost, pricing, lead times, technology etc. and develop should cost models
Establish compliance reviews to ensure internal processes and suppliers meet or exceed all Lufkin and local laws, policies and procedures
Meet or exceed performance goals such as Cost Savings %, Productivity Improvement Projects, % of Spend under contract, Reduction of Single sourced commodities, NPD Performance

Required Education & Preferred Certifications
Bachelor's or Master's Degree in Engineering (Industrial/Mechanical/Metallurgy/Chemical) or Supply Chain Management
At least 8 years of experience within the function with relevant exposure to the Oil & Gas industry, Metals/Machining category
Certificates & Licenses-
APICS CPIM certification - Preferred
ISM CPSM certification - Preferred
Lean/Six Sigma - Preferred

Required Knowledge / Skills
Demonstrated experience in contracts negotiations and risk management
Strong international sourcing experience to drive best cost country sourcing
3+ years of experience in sourcing metals, machining, and fabrication
Demonstrates sound business ethics and operates with integrity and transparency
Good knowledge of forecasting and planning processes
Self-motivated individual with excellent collaboration and communication skills
Excellent time management and project management skills
Excellent data management and analytical capabilities
Experience with Should Cost, TCO and ROI analysis/review
Ability to interpret global trends in commodities, labor markets, currencies, trade policies and leverage them for the benefit of the business.
Demonstrated proficiency in Microsoft Office suite; ERP System (JDE Preferred)

Lufkin's proud past extends back to the early 20th century when the Lufkin Foundry manufactured railroad and sawmill equipment. The company expanded soon after by pioneering oilfield pumping units in the 1920s. Today, Lufkin is a world leader in its field, providing precision-engineered oilfield equipment, products, and services to customers around the globe.

Lufkin Industries is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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Keywords: LUFKIN INDUSTRIES, Missouri City , Sourcing Category Manager, Executive , Missouri City, Texas

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