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Senior Executive - Sourcing & Vendor Development

Signode Industrial Group LLC

Chicago, IL

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JOB DETAILS
SKILLS
Analysis Skills, Benchmarking, Bill of Materials (BOM), Budgeting, Continuous Improvement, Contract Management, Contract Negotiation, Cost Analysis, Cost Control, Cost Estimates, Engineering, Engineering Drawing, Engineering Procurement and Construction (EPC/EPCC/EPCM), Heavy Equipment/Vehicles, Logistics, Machining, Machining Operations, Manufacturing, Manufacturing Cost, Manufacturing Management, Market Tracking, Market Trend Analysis, Mechanical Engineering, Metal Manufacturing, Negotiation Skills, Pricing, Problem Solving Skills, Process Improvement, Project Development, Purchasing/Procurement, Quality Assurance, Quality Management, Request for Proposals (RFP), Sourcing Strategy, Steel Industry, Supply Chain Optimization, Technical Leadership, Technical/Engineering Design, Value Engineering, Vendor/Supplier Evaluation, Vendor/Supplier Management, Vendor/Supplier Sourcing, Welding
LOCATION
Chicago, IL
POSTED
19 days ago

Roles & Responsibilities:

  • Source heavy fabrication Components and assemblies, precision machine components, and sheet metal parts.
  • Develop and manage suppliers for structural fabrication, heavy machining, industrial material handling & logistics equipment, and steel industry packaging systems.
  • Identify cost-effective sourcing strategies aligned with project timelines.
  • Conduct supplier capability assessment, audits, and qualification.

Profile:

Cost Estimation& Techno-Commercial Evaluation:

  • Prepare detailed cost estimation based on drawings, BOM, and specifications.
  • Estimate manufacturing cost including raw materials, machining operations,

fabrication & welding processes, surface treatment, assembly, and logistics.

  • Perform should-cost analysis and benchmarking.
  • Analyze RFQs and prepare competitive quotations.
  • Support project costing activities.

Vendor Development & Management:

  • Develop fabrication and machining vendors for heavy engineering equipment.
  • Negotiate pricing, delivery schedules, and commercial terms.
  • Drive continuous improvement initiatives for quality, cost, and delivery.
  • Establish long-term supplier partnerships.

Technical Coordination

  • Work closely with Design Engineering, Production, Quality Assurance, and Project teams.
  • Interpret engineering drawings, fabrication tolerances, and machining requirements.
  • Resolve technical and commercial issues with vendors.

Industry Application

  • In-plant logistics and material handling systems.
  • Steel coil/plate handling equipment.
  • Industrial packaging equipment for steel products.

Cost Optimization & Process Improvement

  • Implement value engineering and cost reduction initiatives.
  • Improve sourcing efficiency and supplier performance.
  • Monitor market trends for steel, fabrication, and machining costs.

Required Qualifications

  • Diploma / BE / B. Tech in Mechanical Engineering.
  • Strong experience in heavy fabrication and machining sourcing.
  • Ability to read engineering drawings and fabrication layouts.

Experience

  • 6- 8 years in sourcing and Vendor development within heavy engineering,

steel plant equipment manufacturing, material handling systems,

and sheet metal & fabrication industries.

Key Skills

  • Strategic sourcing
  • Vendor development
  • Cost estimation & budgeting
  • Heavy fabrication procurement
  • Machining process knowledge
  • Sheet metal manufacturing
  • Negotiation & contract management
  • Supply chain optimization
  • Techno-commercial analysis

Preferred Industry Exposure

  • Steel plants & steel processing equipment
  • In-plant logistics equipment manufacturing
  • Industrial packaging equipment for steel industry
  • Heavy engineering EPC projects

/n

Experienced professional driving cost estimation, strategic sourcing, and vendor development for heavy engineering projects with strong techno-commercial and fabrication expertise.

/n /n Roles & Responsibilities:• Source heavy fabrication Components and assemblies, precision machine components, and sheet metal parts.• Develop and manage suppliers for structural fabrication, heavy

About the Company

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Signode Industrial Group LLC

With over $2B in revenue, 80+ manufacturing facilities across 6 continents and over 9,000 employees worldwide, Signode is a leading manufacturer of a broad spectrum of transit packaging consumables, tools, software, and equipment that optimize end-of-line packaging operations and protect products in transit. Signode brings this extensive product portfolio together under hundreds of trusted brands to offer complete transit packaging solutions to its customers. We produce strap, stretch and protective packaging. We also manufacture packaging tools and equipment used to apply the bulk packaging materials. These commercial packaging products are used to pack, bundle, unitize, protect and secure goods during warehousing and transit. Our company is a pioneer in the industrial packaging sector with a long history of customer-focused innovations in materials, processes and automation technology that have revolutionized the sector. We are proud to be the Transit Packaging Division of Crown Holdings, Inc. We are excited to go to market as Signode and to share the portfolio of products, services and capabilities that make us the world’s premier end-of-line packaging company.

COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Manufacturing - Other
WEBSITE
https://www.signode.com/en-us/

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