Strategic Sourcing Lead
Position Summary & Objective
The Strategic Sourcing Lead is responsible for developing accurate competitive material and subcontract cost estimates to support quoting bidding and longrange planning in a heavy manufacturing environment. This role bridges procurement expertise with frontend estimating ensuring that cost inputs reflect realworld supply conditions global market trends and supplier capabilities. The Strategic Sourcing Lead partners closely with engineering operations sales proposals and strategic sourcing to build reliable cost models and strengthen the companys competitive position.
Estimating and Cost Development
- Lead the creation of material component and subcontract cost estimates for new bids RFQs and customer proposals.
- Interpret engineering drawings specifications and shop capabilities to identify sourcing requirements and cost drivers.
- Develop cost models for fabricated components weldments machined parts steel plate castings forgings transportation and other heavymanufacturing materials.
- Analyze historical pricing market indices and supplier quotes to validate estimate accuracy.
- Identify cost risks longlead items and supply chain constraints early in the quoting process.
- Develop and maintain a robust vendor base providing multiple options for commodities specialty components and services
- Develop and standardize estimating tools templates and cost -tracking methodologies.
- Support strategic sourcing initiatives by identifying high-impact cost-reduction opportunities.
- Package and deliver the in-depth plan for the procurement team to execute once award is received.
Supplier Engagement and Quoting
- Coordinate RFQs with domestic and international suppliers to gather competitive pricing and leadtime data.
- Evaluate supplier quotes for completeness technical compliance and commercial terms.
- Build and maintain a database of benchmark pricing supplier capabilities and commodity trends.
- Support early supplier involvement for complex or customengineered components.
- Outside of quoting activities this position will proactively diversify and strengthen the supply base by sourcing and qualifying new suppliers.
- Exercise of discretion and independent judgment
Qualifications :
Knowledge Skills and Abilities
- Cost modeling and analytical thinking
- Technical aptitude in heavy manufacturing
- Supplier relationship management
- RFQ and bid evaluation
- Crossfunctional communication
- Attention to detail and accuracy
- Strategic mindset with a sense of urgency
- Ability to communicate effectively
- Ability to work within teams and independently
- Detail oriented
- Problem-solving skills
- Knowledge in Microsoft Word and Excel
- Time management skills
- Data and critical analysis skills
- Critical thinking skills
- Strategic analysis skills
- Strong negotiation skills
Required Education and Experience
- Bachelors degree with eight (8) years related experience and/or training; or equivalent combination experience
- Heavy manufacturing experience required
- Fabrication and machining background preferred
- High mix/low volume estimating experience
- Foreign and domestic vendor management
Licenses or Certifications Required
- None
Additional Information :
Travel Requirements
- Up to 20%
Disclaimer
This job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee. Duties responsibilities and activities may change or new ones may be assigned at any time with or without notice.
Industrious Group and its subsidiaries is an equal opportunity employer. All applicants will receive consideration for employment without regard to race religion color national origin sex sexual orientation age veteran status disability status or any other applicable characteristics protected by law. All employment decisions are made based on qualifications merit and business need.
Remote Work :
No
Employment Type :
Full-time
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