Strategic Sourcing Specialist
$84k - $110kLennox International Inc
Who We Are Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member's contributions and offers a supportive environment for career development. Come, stay, and grow with us. What Drives Success This role is responsible for leading global sourcing activities for components across our Home and Building Comfort Solutions businesses with a typical annual dollar buy of less than $50 million per year. The position drives procurement cost savings across company expenditures, identifies and implements tariff mitigation and source optimization strategies, and develops both short- and long-term sourcing plans for complex, high-impact, and high-risk categories. What You Will Be Doing Knowledge & Market Expertise
Disclaimers: The compensation and benefits information is accurate as of the date of this posting. Lennox reserves the right to modify this information at any time, with or without notice, subject to applicable law.
- Develop a comprehensive understanding of the company's global manufacturing footprint, product portfolio, served markets, and the value proposition of each facility.
- Build deep category expertise, including all components within category spend, their applications, and their impact on final products.
- Monitor and analyze indexes related to your categories and global market trends to inform sourcing decisions and communicate insights to internal stakeholders and suppliers.
- Continuously research and track developments in the HVAC industry to strengthen decision-making and stakeholder discussions.
- Develop and execute a global sourcing strategy for assigned categories aligned with organizational goals.
- Present sourcing strategies and progress during annual roadmap reviews, outlining achievements and forward-looking plans (3-5 year horizon).
- Identify opportunities for cost optimization, supply base improvement, and risk mitigation.
- Act as the primary liaison between Quality, Engineering, and manufacturing operations to ensure alignment on sourcing strategies and initiatives.
- Collaborate cross-functionally to support productivity initiatives, engineering projects, and new product introductions.
- Build and maintain strong relationships with suppliers, including regular communication and performance management.
- Develop a deep understanding of supplier capabilities, geographic footprint, financial health, and operational strengths.
- Lead negotiations and manage contracts and commercial agreements to align with company objectives.
- Establish and execute a structured plan for supplier visits and internal engagement to maintain close collaboration.
- Deliver against financial targets, including achieving Material Cost Reduction (MCR) goals.
- Ensure continuity of supply by maintaining on-time delivery, quality standards, and appropriate inventory levels to support production needs.
- Manage supplier-related issues, including claims, rejections, returns, over-shipments, cancellations, and engineering changes.
- Drive competitive sourcing processes through regular spend-analysis and supplier benchmarking.
- Develop and implement dual sourcing strategies and tariff mitigation plans to reduce risk and enhance supply resilience.
- Requires a Bachelor's Degree, (Master's Degree a plus) or an equivalent combination of education and working experience in the manufacturing industry.
- At least 3-5 years of experience in Strategic Sourcing and Global procurement as a must.
- A person with a strong sense of Ownership, remarked reliability and quick response is needed in this position. Flexibility and creativeness in finding solutions under critical business situations is required.
- Experience in lean manufacturing, Kanban and supplier development is desired.
- Requires excellent negotiation abilities and strong analytical skills. Shows exceptional verbal and written communication skills including with executives or in international contexts. Requires knowledge of raw materials, production processes and quality control. Must have knowledge of economic principles and financial markets. Competent in computerized procurement systems. Requires advanced knowledge of Microsoft Excel, Word, Power Point, Power BI.
Disclaimers: The compensation and benefits information is accurate as of the date of this posting. Lennox reserves the right to modify this information at any time, with or without notice, subject to applicable law.
Vacancy posted 2 days ago
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