Ferguson · 3 days ago
Sourcing Manager
United States
Full-time
Remote
Mid Level
$7,425/mo - $12,100/mo
3+ years expFerguson is a leading supplier of quality products across various industries, dedicated to making complex projects simple and successful. The Sourcing Manager will lead strategic sourcing initiatives, implement effective negotiation strategies, and collaborate with business stakeholders to enhance supplier performance and drive innovation.
Wholesale
Responsibilities
Lead and implement sourcing methodology and initiatives, including developing sourcing plans, obtaining business alignment, negotiating and implementing contracts, and generating savings
Proactively engage and collaborate with partners to understand sourcing opportunities, develop requirements, evaluate and conduct competitive RFx events, select suppliers, negotiate, and contract
Consistently conduct ongoing market research and collaborate with cross-functional teams to understand demand, supplier capabilities, industry trends, and emerging solutions within assigned categories
Lead and direct sourcing activities to enhance value through continuous improvement of services and solutions while leveraging enterprise spend
Coordinate activities across business operations and corporate functions to effectively interact with partners at all levels of the organization
Negotiate sophisticated agreements primarily for professional services and consulting engagements, including MSAs, PSAs, SOWs, and select technology-enabled solutions
Analyze historical spend, contract, and market data to identify trends, risks, and optimization opportunities
Stay informed of technology, process, and service innovations relevant to business operations and apply appropriate solutions to improve outcomes
Draft, negotiate, and complete contracts in close collaboration with the business, Legal, IT Security, Vendor Management, and other relevant business partners
Select vendors and service providers that meet business needs through comparative market analysis, strategic planning support, pricing development, and issue resolution
Maintain awareness of current market trends, supplier capabilities, and changes across traditional and emerging indirect spend solutions
Handle and optimize supplier performance, including contract compliance, continuous improvement, innovation, and total cost of ownership reduction
Lead cross-functional teams through a structured sourcing and project management process to achieve business operations and enterprise objectives
Identify new business requirements and opportunities for cost savings, including process efficiencies and operational improvements
Monitor, measure, and audit contract and supplier performance throughout the lifecycle
Qualification
Required
Bachelor's or Associate degree in Business, Finance, Supply Management, Project Management, or related field preferred
Minimum of 3 years of experience leading supplier negotiations and handling contracts within indirect spend or business operations categories
Experience in procurement, strategic sourcing, process improvement, or related business functions
Strong understanding of sourcing concepts, commercial negotiations, and contract management
Demonstrated ability to deliver enterprise value through effective negotiations across indirect spend categories
Excellent analytical, problem-solving, and critical thinking skills with the ability to make data-driven decisions
Strong communication skills with the ability to actively engage partners at all levels, including executive leadership
Proven ability to build strong internal partnerships and productive supplier relationships
Ability to lead cross-functional teams in the accomplishment of company goals
Ability to be creative and innovative in finding solutions and negotiating strategies
Self-starter with strong organizational, time management, and prioritization skills
Proven leadership skills with the ability to lead others
Creative and innovative attitude with a focus on continuous improvement
Evidence of an ability to work cross-functionally with colleagues across multiple groups and departmental including technology, operations, finance, and legal
Ability to deliver value through leading vendor negotiations, identifying process improvements, enhancing market intelligence, and improving controls
Ability to document the total value of sourcing activities in alignment with department and company objectives
Preferred
Professional certifications such as CPSM, PMP, or equivalent experience preferred
Benefits
Health
Dental
Vision
Paid time off
Life insurance
401(k) with a company match
Mental health coverage
Gender affirming and family building benefits
Paid parental leave
Associate discounts
Community involvement opportunities
Company
Ferguson
Since 1953, Ferguson has been a leading source of quality supplies for a variety of industries.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$1.5B2025-09-18Post Ipo Debt· $750M
2024-10-01Post Ipo Debt· $750M
2008-11-12IPO
Leadership Team
Kevin Murphy
President & Chief Executive Officer
Blake Luse
Senior Director, Enterprise Strategy & Planning
Recent News
The Virginian-Pilot
2025-12-27
2025-12-15
2025-12-10
Company data provided by crunchbase