Strategic Sourcing Manager

About us:

Vyrian is an electronic components distributor specializing in distributing, selling, and marketing semiconductors, interconnects, electromechanical, and computer/IT hardware components. With more than 20,000,000 unique electronic parts and 600+ manufacturers featured on our online catalog, engineers and purchasers look to Vyrian for their new product sourcing needs.

Learn more by visiting www.vyrian.com or review our commodities/manufacturer lines at www.vyrian.com/line_card

Role Description

A Strategic Sourcing Manager at Vyrian, Inc. will lead the development and execution of sourcing strategies to achieve cost savings, ensure supply chain efficiency, and maintain high-quality standards. This role involves identifying and relationships with key suppliers, negotiating contracts, and managing supplier performance. 

The manager will collaborate with cross-functional teams to align sourcing initiatives with business objectives, optimize procurement processes, and drive continuous improvement.

Key responsibilities:

• Sourcing, developing supply bases, managing Bills of Materials
• Negotiating contracts
• Evaluating supplier performance, and ensuring timely deliveries
• Maintaining strong relationships and coordinating vendor activities.

Required Qualifications:

• Strong experience in sourcing commodities: semiconductors (active and passive), interconnects, electromechanicals, and computer components.
• Proven ability to source materials from regions including the USA, Europe, and Asia, focusing on strategic line items and ensuring compliance with company policies and procedures.
• Ability to develop an off-shore supply base by identifying, evaluating, and selecting second-source suppliers.
• Ability to assess and optimize inventory levels, reducing holding costs and preventing obsolescence.
• Experience in leveraging a worldwide network of buyers and sellers to maximize ROI for surplus inventory and efficiently manage excess stock.
• Skilled in identifying and mitigating risks associated with excess inventory, ensuring financial stability and minimizing potential losses.
• Experience handling Bills of Materials (BOM) from various industries, including Telecom, Consumer Electronics, Medical, Automotive, and Military, with a focus on cost reduction initiatives with OEMs, EMS, CEMs, and suppliers.
• Exceptional negotiation skills for managing supplier contracts, evaluating performance, developing improvement plans, and maintaining strong supplier relationships to ensure efficient material flow and risk mitigation.
• Proficiency in liaising with manufacturers and franchise distributors to ensure timely shipments, avoid delays, and continually negotiate for cost benefits, while establishing new suppliers and understanding their capabilities.
• Competence in directing and coordinating activities, forecasting, and performance of all vendors.