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Lake Zurich

    Sourcing Manager - Lake Zurich, United States - ECHO Inc

    ECHO Inc
    ECHO Inc Lake Zurich, United States

    3 weeks ago

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    Description

    ECHO Incorporated is an industry leader in developing and manufacturing high-performance, professional-grade, handheld outdoor power equipment. With distributors and thousands of dealers across North and South America, ECHO is constantly anticipating the future of the outdoor power equipment industry and the need for environmental sustainability. Working for ECHO means joining a team of people who are committed to collaboration, innovation, creativity, and high-quality products that make us a globally competitive brand.

    ECHO is hiring a Sourcing Manager to develop and implement strategic sourcing initiatives. The Sourcing Manager will be creating cost estimates and forecasts, negotiating cost-effective contracts with key suppliers, and overseeing our sourcing team.

    This is a hybrid position that will offer the flexibility of working from home and on-site at our Lake Zurich facility.

    ECHO's benefits include:

    • 11 paid holidays
    • Extremely affordable medical, dental, and vision insurance
    • Paid PTO
    • 5% 401K match
    • Tuition Reimbursement
    Duties/Responsibilities:
    • Identify potential sources for raw materials, parts, or finished goods that would fit into the company's supplier portfolio.
    • Oversee competitive bid processes including RFP's, RFI's, and RFQ's
    • Lead internal project teams through the vendor evaluation and selection process.
    • Negotiate with new and existing suppliers on price, quality, and delivery terms regarding materials and goods for production and sale.
    • Work with product management and engineering as a valued contributor on new product projects.
    • Review and negotiate contracts with terms and conditions to comply with industry standards and manage the company's risks and obligations.
    • Manage and develop team members.
    • Research and anticipate market and economic shifts that may impact company costs and profitability. Estimate risk and develop risk mitigation plans.
    • Collaborate with the purchasing department for on-going supplier relationship management.
    Job Experience/Skills:
    • Proven work experience as a sourcing manager. (4+ years)
    • Have managed sourcing or purchasing staff. (2+ years)
    • Ability to negotiate, develop relationships, resolve conflicts with suppliers and build strong partnerships.
    • Strong project management skills.
    • Familiarity of various manufacturing processes.
    • Prior experience with outdoor power equipment or battery-operated consumer products a plus.
    Education:Bachelor's Degree in Business, Supply Chain, Finance, or relative experience.

    Equal Opportunity Employment:

    We are proud to be an equal opportunity employer and celebrate our employees' differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status.

    E-Verification:

    In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
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