IPD (Industrial Parts Depot, LLC) · 17 hours ago
Sourcing Manager
IPD (Industrial Parts Depot, LLC) is focused on securing high-quality materials and services at competitive costs. The Sourcing Manager will develop sourcing strategies, manage supplier performance, and collaborate with various teams to support business objectives.
Responsibilities
Develops and implements sourcing strategies for assigned categories to support cost, quality, and delivery goals
Identifies, evaluates, and onboards new suppliers that meet technical, financial, and operational requirements
Conducts competitive bids, RFQs, cost analyses, and price-break evaluations
Negotiates pricing, terms, service level agreements (SLAs), and long-term supplier contracts
Monitors supplier performance using defined KPIs (PPV, quality, delivery, cost savings) and leads corrective actions as needed
Establishes strong supplier relationships to ensure reliability, continuity, and innovation
Analyzes total cost of ownership and identifies opportunities for cost savings or value improvements
Leads cost-reduction initiatives in collaboration with Supply Chain, Engineering, and Operations
Evaluates alternative materials, production methods, and logistics strategies that reduce cost without compromising quality
Partners with Engineering and Quality teams to understand technical specifications and ensure supplier capability
Works closely with Planning and Operations to align sourcing decisions with inventory, production, and demand requirements
Supports New Product Development (NPD) projects by identifying potential suppliers and estimating material costs
Maintains awareness of market trends, supply risks, geopolitical factors, and capacity issues that could affect supply
Develops contingency plans for key suppliers or product lines
Ensures compliance with company policies, industry regulations, and ethical sourcing standards
Tracks, analyzes, and reports key sourcing metrics to support data-driven decision-making
Maintains accurate supplier records, contracts, pricing, and performance documentation
Drives continuous improvement in sourcing processes and tools
Participates in periodical audits to ensure meeting policies and procedures
Develop reports as required for assigned projects
Prepares and delivers presentations
Travel will be required (approx. up to 20%)
Provides leadership and oversight for two Sourcing Specialists within the Supply Chain teams
Qualification
Required
Bachelor's degree in supply chain management
5+ years of sourcing, procurement, or supplier management experience, preferably in manufacturing, automotive, diesel engine, or industrial components
Required experience with international suppliers, with a strong preference for sourcing in Asian countries (e.g., China, India)
Demonstrates knowledge of reading blueprints
Six Sigma / LEAN or other problem-solving tools
Experience with inventory management
Ability to use Microsoft software including excel, PowerPoint, Word, etc
Preferred
Exposure to PowerBI dashboards is a plus
Project management skills training as an asset
ASCM OR EQUIVALENT certification an asset
Company
IPD (Industrial Parts Depot, LLC)
Since 1955, IPD has provided exceptional quality, innovation, service & support.
Funding
Current Stage
Growth StageRecent News
2026-01-13
2025-12-02
2025-07-17
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