Sr. Sourcing Manager

Lubrication Technologies Inc
  • Golden Valley, MN
  • $118,505–$150,949 Per Year
7 days ago

Job Description

With a purpose to make tomorrow a little bit better than today for each other, our customers, and our communities, Ascentek provides an environment where you can love what you do and be your best every day.

What you will enjoy by being a part of a 2025 USA Great Place to Work certified company:

A position that is: Salary, Full time, Mon-Fri

  • Medical Plan options, including fertility coverage and free mental health and telehealth coverage
  • Dental and Vision Insurance
  • FSA/HSA options
  • Paid parental leave
  • Company-provided short-term disability, long-term disability, and life insurance
  • Supplemental Insurances, including accident, critical illness, hospital, and supplemental life insurance
  • 401(k) with a generous company match
  • Pet Insurance Benefits
  • Tuition reimbursement
  • 21 Paid Days Off
  • 7 Paid Holidays
  • Short-term Incentive Plan (STIP), ask your Talent Partner for details
  • Dress For Your Day (casual dress environment)
  • Paid comprehensive on-the-job training
  • Company phone provided
  • Company computer provided
  • Career advancement opportunities

The Sr. Sourcing Manager drives sourcing operations that build strategic supplier partnerships focused on cost, reliability, and risk management. Leads negotiations and contracting using structured processes, while partnering cross-functionally to define material, quality, and service requirements.

Manages supplier performance through KPIs and scorecards, identifies and qualifies new sources, and leverages market intelligence to anticipate pricing and supply trends. Optimizes processes, controls costs, and drives efficiencies through enterprise resource planning systems and analytics.

ESSENTIAL DUTIES and RESPONSIBILITIES:

Category Leadership

  • Own category performance across cost, service, quality, and risk
  • Develop and execute sourcing strategies across hard parts, vehicle systems, eCommerce, and batteries
  • Drive total cost of ownership through supplier optimization, consolidation, and should-cost analysis
  • Monitor market dynamics and adjust strategies proactively

Supplier & Commercial Management

  • Lead sourcing, negotiations, and contract execution
  • Build strategic supplier partnerships and manage performance (on time in full, quality, cost)
  • Mitigate risk through dual sourcing and continuity planning

Planning & Inventory Oversight

  • Oversee forecasting, material requirements planning, and replenishment across manufacturing, projects, and eCommerce
  • Balance service levels, inventory investment, and supply risk
  • Support escalation on shortages and critical delays

Team Leadership

  • Lead and develop buyers/planners
  • Drive accountability, execution discipline, and capability building

Cross-Functional Partnership

  • Partner with Operations, Engineering, Field Services, eCommerce, and Finance
  • Support product launches and commercial initiatives

Business Impact

  • Own multi-million-dollar spend and deliver cost and margin improvements
  • Improve inventory turns, working capital, and supplier performance
  • Ensure alignment across contracts, pricing, and enterprise resource planning
  • Bachelor's degree in Supply Chain, Business, Engineering, or related field
  • 10+ years of sourcing/procurement experience, including 1-3 years in leadership
  • Experience managing complex, multi-channel categories (industrial, project-based, or high-SKU/eCommerce)
  • Strong track record in supplier negotiations, cost modeling, and risk management
  • Experience leading or mentoring teams
  • Proficiency in enterprise resource planning/materials resource planning systems (JDE, SAP, Oracle) and advanced Excel/analytics (BI tools a plus)
  • Solid understanding of logistics, fulfillment, and landed cost
  • Association for Supply Chain Management Certified in Planning and Inventory Management/ Certified Supply Chain Professional (APICS CPIM / CSCP)
  • Certified Professional in Supply Management (CPSM)
  • Proven experience managing complex, multi-channel categories, including:
  • Battery or regulated product categories.

Physical demands: talking, hearing, sitting, walking, reaching, etc.

Mental Demands: Comprehend and follow instructions, perform assigned tasks, maintain an appropriate work pace, perform complex or varied tasks, relate to others, influence people, make decisions, direct, control, plan, interact with public or coworkers in written form, communicate orally, etc.

Environmental demands: This job operates in a professional office environment as well as remote. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The employee is occasionally exposed to fumes or hazardous material when in our warehouse facilities.

The anticipated hiring range for the role you are applying for is between $118,505 and $150,949 annually. This anticipated hiring range is based on several factors, and subject to increase based on the below:

  • Experience and qualifications: The depth of relevant experience and specific skills you bring to the position.
  • Education and certifications: Any additional qualifications that enhance your ability to succeed in the role.
  • Market and industry benchmarks: We compare compensation packages with industry standards to ensure we are competitive.
  • Internal equity: We strive to maintain pay equity across the organization to ensure fairness for all teammates performing similar work.

At Ascentek, we are committed to providing accurate and up-to-date information about our career opportunities. For the most accurate job descriptions, salary details, and benefit information, we encourage you to visit our official careers page at https://www.ascentek.com/careers/.

Ascentek is an Equal Employment Opportunity/Affirmative Action Employer. Qualified applicants including women, minorities, veterans, and individuals with disabilities are encouraged to apply.

Numbers & Facts

LocationGolden Valley, MN
Salary$118,505–$150,949 Per Year

Skills

  • APICS (Association for Operations Management)unmatched
  • Alliance/Partner Managementunmatched
  • Benchmarkingunmatched
  • Business Intelligence Softwareunmatched
  • Certified Professional in Supply Management (CPSM)unmatched
  • Certified Supply Chain Professional (CSCP)unmatched
  • Certified in Production and Inventory Management (CPIM)unmatched
  • Competitive Analysis/Strategyunmatched
  • Contract Negotiationunmatched
  • Cost Analysisunmatched
  • Cost Controlunmatched
  • Cost Modelingunmatched
  • Cross-Functionalunmatched
  • Dental Insuranceunmatched
  • Disability Insuranceunmatched
  • ERP (Enterprise Resource Planning)unmatched
  • Energy Efficiencyunmatched
  • Financeunmatched
  • Financial Trend Analysisunmatched
  • Flexible Spending Accountsunmatched
  • Forecastingunmatched
  • Health Planunmatched
  • Hospitalunmatched
  • Incentive Programsunmatched
  • Industry Standardsunmatched
  • Inventory Levelsunmatched
  • Inventory Managementunmatched
  • Inventory Planningunmatched
  • Inventory Turnsunmatched
  • Java IDE (Integrated Development Environments)unmatched
  • Leadershipunmatched
  • Life Insuranceunmatched
  • Logisticsunmatched
  • Manufacturingunmatched
  • Market Trackingunmatched
  • Materials Requirements Planning (MRP)unmatched
  • Mentoringunmatched
  • Negotiation Skillsunmatched
  • On Site Supportunmatched
  • Operational Strategyunmatched
  • Operations Managementunmatched
  • Oracleunmatched
  • Performance Managementunmatched
  • Performance Metricsunmatched
  • Presentation/Verbal Skillsunmatched
  • Pricingunmatched
  • Process Improvementunmatched
  • Product Supportunmatched
  • Product/Service Launchunmatched
  • Psychiatry and Mental Healthunmatched
  • Purchasing/Procurementunmatched
  • Riskunmatched
  • Risk Managementunmatched
  • SAPunmatched
  • Scorecardingunmatched
  • Sourcing Strategyunmatched
  • Stock Keeping Unit (SKU)unmatched
  • Supplier Optimizationunmatched
  • Supply Chainunmatched
  • Supply Chain Managementunmatched
  • Systems Analysisunmatched
  • Team Lead/Managerunmatched
  • Telehealthunmatched
  • Time Managementunmatched
  • Total Cost of Ownershipunmatched
  • Tuition Reimbursementunmatched
  • Vendor/Supplier Evaluationunmatched
  • Vendor/Supplier Managementunmatched
  • Vendor/Supplier Planningunmatched
  • Vendor/Supplier Selectionunmatched
  • Vision Planunmatched
  • eCommerceunmatched

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