Job ID: REF52B
Job Category: Manufacturing & Supply Chain
Location: Hamel, MN, US
DESCRIPTION
Job Title: Manager, Strategic Sourcing
FLSA Status: Exempt
Department: Supply Chain Services
Reports to: Director of Supply Chain
GENERAL DESCRIPTION / PURPOSE:
The Strategic Sourcing Manager will develop and execute a best-in-class strategic sourcing function to leverage market knowledge, drive effective supplier negotiations and optimization, while developing predictable and industry leading commodity plans, to advance total cost of ownership (TCO) cost modeling while reducing supplier risks. This role will be a hands-on leader with a team that will be able to independently develop sourcing strategy and conduct sourcing initiatives for a variety of direct and indirect categories for a heavy manufacturing and service organization. Additional focus on optimization of internal sourcing processes, workflows and interfaces to reduce time of delivery and costs in support of corporate objectives. This dynamic leader will be expected to deliver value and competitive advantage to the business as measured by customer satisfaction, project execution, value improvement, innovation, and other areas such as risk mitigation, where applicable.
ESSENTIAL JOB FUNCTIONS: Leadership & Talent Development of Strategic Sourcing Function
- Design and execute an end-to-end roadmap for Strategic Sourcing on direct/indirect spend for major commodities including opportunity analysis, strategy development, evaluation, and SRM for Loram.
- Lead a team of Sourcing professionals to achieve clear, high attainable standards and goals including year over year cost reductions while ensuring compliance with company legal and risk guidelines.
- Develop, execute, and maintain strategic sourcing related policies and enforce compliance of policies.
- Establish mutual KPI goals with functional leaders that align strategic sourcing goals to business needs.
Operational Excellence
- Develop, execute, and maintain the annual strategic sourcing plans including preparation of supply and demand profiles, and measurement of department performance against standards and benchmarks.
- Align Loram practices with best-in-class Strategic Sourcing standards. Lead critical sourcing events and strategic sourcing projects to deliver value to Loram.
- Identify and achieve year-over-year cost reduction strategies by leveraging market knowledge, industry trends, supplier optimization, predictable pricing, and TCO modeling (price, cost, demand & value).
- Influence relevant business functional decisions throughout the company to achieve the highest level of contribution to profit, growth, and competitive advantage utilizing leading Sourcing principles.
Sourcing Process
- Execute, leverage, and deploy sourcing levers across all spend categories to create a competitive advantage for Loram and deliver innovative business solutions.
- Lead all aspects of supplier negotiations with internal business partners to draft and execute contracts that protect the business interests of Loram, while providing the best overall value.
- Oversee and advise on contract structure, Terms and Conditions, and performance-based contracting with Suppliers.
- Implement joint process improvement programs with strategic suppliers by assessing the success of current processes and programs; and identifies opportunities for improvement.
- Influence suppliers’ manufacturing processes, technology decisions, and policies in ways that are mutually beneficial and sustainable for both organizations by leveraging the growth of Loram’s spend.
QUALIFICATIONS
REQUIRED QUALIFICATIONS:
Education: Bachelor’s Degree in business, Supply Chain, Engineering, Finance, Economics, or related field.
Experience:
- Minimum 8 years’ experience in increasingly broader procurement/sourcing roles.
- Minimum 7 years’ leadership within a Procurement/Sourcing function.
- Experience developing and leading Strategic Sourcing functional strategies.
Knowledge, Skills and Abilities:
- Demonstrated skill in developing and executing SRM and leading complex negotiations to successful outcomes.
- Ability to work with all levels in organization including legal counsel to negotiate contract terms and conditions.
- Strong interpersonal and leadership skills including the ability to influence all levels of internal and external organizations through effective communication, presentation, and persuasive positioning.
- A proven track record of cost reduction and productivity improvements; ability to motivate and drive change while building solid relationships with internal clients and external Suppliers.
PREFERRED QUALIFICATIONS:
- Masters is a plus. Professional Certification (CPM/CSPM/APICS) is strongly preferred.
- Highly proficient in all Microsoft applications, including advanced PowerPoint skill (Building high quality decks), general ERP systems (IFS), Six Sigma and or LEAN certified.
- Confident problem solver with quick decision-making capability and conflict resolution skills, self-motivated, proactive individual who will constantly seek improvement opportunities.
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Office deskwork, requiring sitting, walking, using phone & computer.
- May include up to 20%-30% travel domestically and potential for international travel.
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Equal Opportunity Employer:
Loram is an Equal Opportunity Employer committed to fostering an inclusive, diverse, and respectful workplace. We make all employment decisions based on qualifications, merit, and business need, without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, national origin, veteran status, or any other characteristic protected by applicable laws in the countries where we operate, including the Equality Act 2010 in the UK, relevant U.S. federal, state, and local laws, Brazil’s anti-discrimination provisions under the Consolidation of Labor Laws (CLT) and Federal Constitution, India’s Equal Remuneration Act and Rights of Persons with Disabilities Act, Australia’s Fair Work Act 2009 and applicable state and territory legislation, and Canada’s human rights protections under the Canadian Human Rights Act and applicable provincial or territorial laws.
Benefits:
Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.
Compensation:
Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.
The pay range for this position is between $101,100-$151,800
ABOUT
Loram Maintenance of Way, Inc. is a global leader in track maintenance technology, services, and solutions for the railway industry. For over 70 years, Loram has delivered industry-leading innovation through cutting-edge rail grinding, ballast maintenance, and inspection systems — ensuring safer, more reliable, and cost-effective rail operations for customers worldwide.
Headquartered in Hamel, Minnesota, Loram operates in multiple locations across North America and supports Class I, regional, and commuter railroads with a full suite of services. Loram is known for its strong engineering culture, commitment to safety, and dedication to improving the performance of rail infrastructure through advanced technology and field-proven expertise.
Join a company that moves the world — and builds the future of rail.
DESCRIPTION
Job Title: Manager, Strategic Sourcing
FLSA Status: Exempt
Department: Supply Chain Services
Reports to: Director of Supply Chain
GENERAL DESCRIPTION / PURPOSE:
The Strategic Sourcing Manager will develop and execute a best-in-class strategic sourcing function to leverage market knowledge, drive effective supplier negotiations and optimization, while developing predictable and industry leading commodity plans, to advance total cost of ownership (TCO) cost modeling while reducing supplier risks. This role will be a hands-on leader with a team that will be able to independently develop sourcing strategy and conduct sourcing initiatives for a variety of direct and indirect categories for a heavy manufacturing and service organization. Additional focus on optimization of internal sourcing processes, workflows and interfaces to reduce time of delivery and costs in support of corporate objectives. This dynamic leader will be expected to deliver value and competitive advantage to the business as measured by customer satisfaction, project execution, value improvement, innovation, and other areas such as risk mitigation, where applicable.
ESSENTIAL JOB FUNCTIONS: Leadership & Talent Development of Strategic Sourcing Function
- Design and execute an end-to-end roadmap for Strategic Sourcing on direct/indirect spend for major commodities including opportunity analysis, strategy development, evaluation, and SRM for Loram.
- Lead a team of Sourcing professionals to achieve clear, high attainable standards and goals including year over year cost reductions while ensuring compliance with company legal and risk guidelines.
- Develop, execute, and maintain strategic sourcing related policies and enforce compliance of policies.
- Establish mutual KPI goals with functional leaders that align strategic sourcing goals to business needs.
Operational Excellence
- Develop, execute, and maintain the annual strategic sourcing plans including preparation of supply and demand profiles, and measurement of department performance against standards and benchmarks.
- Align Loram practices with best-in-class Strategic Sourcing standards. Lead critical sourcing events and strategic sourcing projects to deliver value to Loram.
- Identify and achieve year-over-year cost reduction strategies by leveraging market knowledge, industry trends, supplier optimization, predictable pricing, and TCO modeling (price, cost, demand & value).
- Influence relevant business functional decisions throughout the company to achieve the highest level of contribution to profit, growth, and competitive advantage utilizing leading Sourcing principles.
Sourcing Process
- Execute, leverage, and deploy sourcing levers across all spend categories to create a competitive advantage for Loram and deliver innovative business solutions.
- Lead all aspects of supplier negotiations with internal business partners to draft and execute contracts that protect the business interests of Loram, while providing the best overall value.
- Oversee and advise on contract structure, Terms and Conditions, and performance-based contracting with Suppliers.
- Implement joint process improvement programs with strategic suppliers by assessing the success of current processes and programs; and identifies opportunities for improvement.
- Influence suppliers’ manufacturing processes, technology decisions, and policies in ways that are mutually beneficial and sustainable for both organizations by leveraging the growth of Loram’s spend.
QUALIFICATIONS
REQUIRED QUALIFICATIONS:
Education: Bachelor’s Degree in business, Supply Chain, Engineering, Finance, Economics, or related field.
Experience:
- Minimum 8 years’ experience in increasingly broader procurement/sourcing roles.
- Minimum 7 years’ leadership within a Procurement/Sourcing function.
- Experience developing and leading Strategic Sourcing functional strategies.
Knowledge, Skills and Abilities:
- Demonstrated skill in developing and executing SRM and leading complex negotiations to successful outcomes.
- Ability to work with all levels in organization including legal counsel to negotiate contract terms and conditions.
- Strong interpersonal and leadership skills including the ability to influence all levels of internal and external organizations through effective communication, presentation, and persuasive positioning.
- A proven track record of cost reduction and productivity improvements; ability to motivate and drive change while building solid relationships with internal clients and external Suppliers.
PREFERRED QUALIFICATIONS:
- Masters is a plus. Professional Certification (CPM/CSPM/APICS) is strongly preferred.
- Highly proficient in all Microsoft applications, including advanced PowerPoint skill (Building high quality decks), general ERP systems (IFS), Six Sigma and or LEAN certified.
- Confident problem solver with quick decision-making capability and conflict resolution skills, self-motivated, proactive individual who will constantly seek improvement opportunities.
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Office deskwork, requiring sitting, walking, using phone & computer.
- May include up to 20%-30% travel domestically and potential for international travel.
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Equal Opportunity Employer:
Loram is an Equal Opportunity Employer committed to fostering an inclusive, diverse, and respectful workplace. We make all employment decisions based on qualifications, merit, and business need, without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, national origin, veteran status, or any other characteristic protected by applicable laws in the countries where we operate, including the Equality Act 2010 in the UK, relevant U.S. federal, state, and local laws, Brazil’s anti-discrimination provisions under the Consolidation of Labor Laws (CLT) and Federal Constitution, India’s Equal Remuneration Act and Rights of Persons with Disabilities Act, Australia’s Fair Work Act 2009 and applicable state and territory legislation, and Canada’s human rights protections under the Canadian Human Rights Act and applicable provincial or territorial laws.
Benefits:
Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.
Compensation:
Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.
The pay range for this position is between $101,100-$151,800
ABOUT
A Loram South America é uma subsidiária ligada a Loram Maintenance of Way, empresa ferroviária especializada em prestação de serviço e fabricação de máquinas de manutenção de Via Permanente, localizada nos EUA.
Líder no fornecimento de serviços e equipamentos de manutenção de via da América do Norte, atendemos ferrovias Classe I, além shortlines e transporte de passageiros.
Estamos há mais de 60 anos no mercado e hoje possuímos uma das maiores frotas de equipamentos de via permanente na América do Norte, mais de 250 máquinas e de 1.500 colaboradores distribuídos pelo mundo.
DESCRIPTION
Job Title: Manager, Strategic Sourcing
FLSA Status: Exempt
Department: Supply Chain Services
Reports to: Director of Supply Chain
GENERAL DESCRIPTION / PURPOSE:
The Strategic Sourcing Manager will develop and execute a best-in-class strategic sourcing function to leverage market knowledge, drive effective supplier negotiations and optimization, while developing predictable and industry leading commodity plans, to advance total cost of ownership (TCO) cost modeling while reducing supplier risks. This role will be a hands-on leader with a team that will be able to independently develop sourcing strategy and conduct sourcing initiatives for a variety of direct and indirect categories for a heavy manufacturing and service organization. Additional focus on optimization of internal sourcing processes, workflows and interfaces to reduce time of delivery and costs in support of corporate objectives. This dynamic leader will be expected to deliver value and competitive advantage to the business as measured by customer satisfaction, project execution, value improvement, innovation, and other areas such as risk mitigation, where applicable.
ESSENTIAL JOB FUNCTIONS: Leadership & Talent Development of Strategic Sourcing Function
- Design and execute an end-to-end roadmap for Strategic Sourcing on direct/indirect spend for major commodities including opportunity analysis, strategy development, evaluation, and SRM for Loram.
- Lead a team of Sourcing professionals to achieve clear, high attainable standards and goals including year over year cost reductions while ensuring compliance with company legal and risk guidelines.
- Develop, execute, and maintain strategic sourcing related policies and enforce compliance of policies.
- Establish mutual KPI goals with functional leaders that align strategic sourcing goals to business needs.
Operational Excellence
- Develop, execute, and maintain the annual strategic sourcing plans including preparation of supply and demand profiles, and measurement of department performance against standards and benchmarks.
- Align Loram practices with best-in-class Strategic Sourcing standards. Lead critical sourcing events and strategic sourcing projects to deliver value to Loram.
- Identify and achieve year-over-year cost reduction strategies by leveraging market knowledge, industry trends, supplier optimization, predictable pricing, and TCO modeling (price, cost, demand & value).
- Influence relevant business functional decisions throughout the company to achieve the highest level of contribution to profit, growth, and competitive advantage utilizing leading Sourcing principles.
Sourcing Process
- Execute, leverage, and deploy sourcing levers across all spend categories to create a competitive advantage for Loram and deliver innovative business solutions.
- Lead all aspects of supplier negotiations with internal business partners to draft and execute contracts that protect the business interests of Loram, while providing the best overall value.
- Oversee and advise on contract structure, Terms and Conditions, and performance-based contracting with Suppliers.
- Implement joint process improvement programs with strategic suppliers by assessing the success of current processes and programs; and identifies opportunities for improvement.
- Influence suppliers’ manufacturing processes, technology decisions, and policies in ways that are mutually beneficial and sustainable for both organizations by leveraging the growth of Loram’s spend.
QUALIFICATIONS
REQUIRED QUALIFICATIONS:
Education: Bachelor’s Degree in business, Supply Chain, Engineering, Finance, Economics, or related field.
Experience:
- Minimum 8 years’ experience in increasingly broader procurement/sourcing roles.
- Minimum 7 years’ leadership within a Procurement/Sourcing function.
- Experience developing and leading Strategic Sourcing functional strategies.
Knowledge, Skills and Abilities:
- Demonstrated skill in developing and executing SRM and leading complex negotiations to successful outcomes.
- Ability to work with all levels in organization including legal counsel to negotiate contract terms and conditions.
- Strong interpersonal and leadership skills including the ability to influence all levels of internal and external organizations through effective communication, presentation, and persuasive positioning.
- A proven track record of cost reduction and productivity improvements; ability to motivate and drive change while building solid relationships with internal clients and external Suppliers.
PREFERRED QUALIFICATIONS:
- Masters is a plus. Professional Certification (CPM/CSPM/APICS) is strongly preferred.
- Highly proficient in all Microsoft applications, including advanced PowerPoint skill (Building high quality decks), general ERP systems (IFS), Six Sigma and or LEAN certified.
- Confident problem solver with quick decision-making capability and conflict resolution skills, self-motivated, proactive individual who will constantly seek improvement opportunities.
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Office deskwork, requiring sitting, walking, using phone & computer.
- May include up to 20%-30% travel domestically and potential for international travel.
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Equal Opportunity Employer:
Loram is an Equal Opportunity Employer committed to fostering an inclusive, diverse, and respectful workplace. We make all employment decisions based on qualifications, merit, and business need, without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, national origin, veteran status, or any other characteristic protected by applicable laws in the countries where we operate, including the Equality Act 2010 in the UK, relevant U.S. federal, state, and local laws, Brazil’s anti-discrimination provisions under the Consolidation of Labor Laws (CLT) and Federal Constitution, India’s Equal Remuneration Act and Rights of Persons with Disabilities Act, Australia’s Fair Work Act 2009 and applicable state and territory legislation, and Canada’s human rights protections under the Canadian Human Rights Act and applicable provincial or territorial laws.
Benefits:
Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.
Compensation:
Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.
The pay range for this position is between $101,100-$151,800
ABOUT
Loram Maintenance of Way, Inc. is a global leader in track maintenance technology, services, and solutions for the railway industry. For over 70 years, Loram has delivered industry-leading innovation through cutting-edge rail grinding, ballast maintenance, and inspection systems — ensuring safer, more reliable, and cost-effective rail operations for customers worldwide.
Loram EMEA (Europe, Middle East & Africa) is a subsidiary based in the heart of the RTC located in Derby. Loram EMEA builds, operates and maintains rail grinding vehicles and performs heavy overhauls of railway vehicles from its Derby site. Loram is known for its strong engineering culture, commitment to safety, and dedication to improving the performance of rail infrastructure through advanced technology and field-proven expertise.
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About the area
Find out more about Hamel, MN
Loram is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law.
Loram is committed to protecting the identity and personal information of any potential employee. Loram applicants will only be contacted by Loram employees with an authentic Loram email address ending in @loram.com. We encourage you to verify the identity of any individual who claims to be a member of the Loram team by confirming the email address is @loram.com with no additional characters or letters. We will never request financial information or a financial commitment as part of the recruitment process. If you have a question about the authenticity of any communication claiming to be from Loram, please contact loramrecruiting@loram.com. Reports can be submitted online at www.loram.ethicspoint.com or by calling 1-844-635-4640.
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