Strategic Sourcing Manager

What Drives Success This role is responsible for leading global sourcing activities for after‑market parts across our Home Comfort Solutions and Building Climate Solutions segments with a typical aggregate annual dollar buy of $300+ 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’ll Be Doing The role is highly execution‑oriented, with responsibility for negotiating complex supplier agreements, managing commercial terms, and driving cost reductions through data‑backed analyses and structured sourcing strategies. The person will evaluate and challenge supplier price increases through detailed cost modeling and market benchmarking, while proactively identifying new suppliers, qualifying and onboarding them, and implementing dual‑source strategies to improve resilience and competitiveness. Additionally, the role will focus on tariff mitigation, supply‑base optimization, and long‑term category planning, leveraging cross‑functional collaboration with category management, supply chain planning, and operations to ensure continuity of supply, quality performance, and alignment with business objectives. Knowledge & Market Expertise Develop a comprehensive understanding of the company’s global manufacturing and distribution footprint, product portfolio, served markets, and the value proposition of each business unit. 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. Strategic Sourcing 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. Stakeholder & Supplier Relationships Act as the primary liaison between Category Management, Engineering, and manufacturing operations to ensure alignment on sourcing strategies and initiatives. Collaborate cross‑functionally to support productivity initiatives, Category Management projects, and new product introductions. Build and maintain strong relationships with suppliers, including regular communication and performance management. Conduct data‑informed analyses to assess and communicate the validity of supplier price increases. 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. Execution & Results Deliver against financial targets, including achieving net 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 category management 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. What We Are Looking For Requires a bachelor’s degree (master’s degree a plus) or equivalent and professional experience in a manufacturing industry. At least 8 years of total experience in strategic sourcing and global procurement, with 4+ years of experience specifically in industrial parts and supplies sourcing. Independent executor who is self‑motivated. Strong sense of ownership, reliability, and responsiveness. Flexibility and creativity in finding solutions under critical business situations. Excellent negotiation abilities; exceptional verbal and written communication skills including with executives and in international contexts. Knowledge of raw materials, production processes, and quality control. Knowledge of economic principles and financial markets; competent in computerized procurement systems. Advanced knowledge of Microsoft Excel, Word, PowerPoint, and Power BI. Compensation This is a salaried exempt role. The starting salary range for this role and market is between $116,000 and $152,250 annually. Factors that may affect starting salary include geography/market and the skills, education, experience, and other qualifications of the successful candidate. Employees in this role are also eligible for an annual bonus in accordance with the terms of the Company’s applicable plan. Employees in this role are not eligible for overtime. Benefits Subject to applicable eligibility requirements, the following benefits are offered for this role: tuition reimbursement; medical, dental, and vision insurance; prescription drug coverage; 401(k) retirement plan; short‑term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long‑term disability insurance. Depending on date of hire, and subject to applicable eligibility requirements, new employees in this role also receive up to: 12 days paid time off, 2 paid well‑being days, 1 paid volunteer day, 12 paid holidays, and 3 floating holidays per year. #J-18808-Ljbffr