Sourcing Manager
Job in
Minneapolis, Hennepin County, Minnesota, 55400, USA
Listed on 2026-03-12
Listing for:
Anagram International
Full Time
position Listed on 2026-03-12
Job specializations:
-
Business
Supply Chain / Intl. Trade, Business Management, Business Analyst, Business Development
Job Description & How to Apply Below
The Sourcing Manager is responsible for developing and executing sourcing strategies, managing supplier relationships, targeted purchased inventory levels, tariff/duties tracking and overall supplier evaluations, and overseeing the procurement of goods and services to ensure cost efficiency, quality, and timely delivery. This role plays a critical part in optimizing the supply chain and supporting business objectives through strategic vendor management and continuous improvement initiatives.
Key Responsibilities Strategic Sourcing- Develop and implement sourcing strategies to achieve cost savings and quality improvements.
- Identify, evaluate, and onboard new suppliers to ensure a competitive and reliable supply base.
- Oversee day-to-day purchasing activities, including issuing purchase orders and managing inventory levels.
- Ensure compliance with company policies, contractual terms, and regulatory requirements.
- Negotiate pricing, terms, and contracts with suppliers to secure favorable agreements.
- Define and monitor KPIs for supplier performance, cost savings, and compliance
- Build and maintain strategic partnerships with key suppliers.
- Monitor supplier performance and address issues related to quality, delivery, and service.
- Analyze market trends, pricing, and cost structures to identify opportunities for savings.
- Prepare and present sourcing reports and KPIs to leadership.
- Work closely with operations, finance, and product development teams to align sourcing strategies with business needs.
- Support new product launches by ensuring timely procurement of materials.
- Bachelor’s degree in Supply Chain Management, Business Administration, or related field (Master’s preferred).
- 5+ years of experience in sourcing, purchasing, or procurement management.
- Strong negotiation, analytical, and problem-solving skills.
- Proficiency in ERP systems and Microsoft Office Suite.
- Knowledge of global sourcing practices and supply chain principles.
- Excellent communication and interpersonal skills.
- Ability to manage multiple priorities in a fast-paced environment.
- Strong leadership and team management capabilities.
- Detail-oriented with a focus on continuous improvement.
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