Shermco Industries · 10 hours ago
Sourcing Manager
Shermco Industries is a company focused on strategic procurement initiatives. The Sourcing Manager is responsible for developing and executing sourcing strategies to deliver cost savings, manage supply risk, and ensure alignment with business objectives.
Responsibilities
Lead strategic sourcing initiatives for major spend categories, including requirements’ definition, market analysis, supplier identification & evaluation, contract negotiation, and implementation
Develop and maintain category strategies that balance cost efficiency, supply assurance / risk management, quality and service
Manage supplier relationships to ensure performance, compliance, and continuous improvement
Collaborate closely with internal business units to understand needs, identify opportunities, and drive procurement best practices
Analyze market trends and supply chain risks to drive informed sourcing decisions and long-term planning
Negotiate complex contracts and commercial agreements, coordinating with relevant functions, to protect company interests / mitigate supply risks, while fostering strong supplier partnerships
Support the Sourcing Director and the VP of Procurement in developing departmental strategies, KPIs, and performance metrics
Mentor and support junior sourcing professionals in process excellence, tools and supplier management
Drive continuous improvement initiatives across sourcing processes and systems
Qualification
Required
Bachelor's degree in Supply Chain Management, Business Administration, Engineering or related field
8+ years of progressive experience in strategic sourcing and/or category management
Proven track record of delivering cost savings / value and managing supply risk through strategic sourcing
Strong negotiation and contract management skills
Experience with, or relevant education / training, in technical categories of spend (preferably with electrical apparatus, components, systems and services)
Experience with ERP/procurement systems (e.g., SAP, Coupa, Oracle)
Excellent analytical, communication, and stakeholder influencing skills
Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities
Preferred
MBA or professional certification such as CPSM, CIPS
Company
Shermco Industries
Shermco Industries provides testing, repair, and maintenance of electrical infrastructure.
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Hitachi Energy
2025-10-29Corporate Round
2025-08-21Acquired
Recent News
2025-10-27
Company data provided by crunchbase