Stanley Black & Decker

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Sr. Sourcing Specialist

at Stanley Black & Decker

Posted: 8/24/2019
Job Reference #: 828616
Categories: Other/General
Keywords: company

Job Description

Sr. Sourcing Specialist

US - Global GSM

State / Country / Province

Job Description
Position Summary
Stanley Black & Decker Global Supply Management (GSM) has an opportunity for a Sourcing Specialist, Healthcare located in New Britain, CT, supporting the Healthcare (SHS) business.  Building a partnership between GSM and the business, is key to accomplishing the goals and key responsibilities of this role.  
Essential Job Functions
  • Formulate global sourcing strategies and driving tactical execution, delivering year-over-year productivity & working capital goals
  • Establish strong and effective relationships with key suppliers to ensure quality, cost, delivery, and productivity targets are met
  • Work with Businesses/Plants to achieve annual productivity targets
  • Project Manage item level trials to dual qualify suppliers in support of 2+1 strategy
  • Assist in the identification and execution of the negotiated inventory programs
  • Support, organize and participate in various events including supplier conferences and summits
  • Collect and analyze data for key projects and initiatives
  • Drive supplier consolidation and supplier risk management objectives
  • Negotiate, implement and manage supplier contracts and service level agreements
  • Support new product development including the new product launch process to quote across global suppliers as well as to identify new “add-on” products for the business
  • Institute world class procurement / sourcing processes and practices including supplier development & supplier scorecards
  • Conduct make versus buy evaluation of key product lines in support of business strategies
  • Identify, manage and resolve issues with suppliers that pose risk to the business following the templates and direction of the supplier risk council
  • Prepare and submit various reports to support GSM, the business, and financial requirements, such as but not limited to inflation, working capital, productivity, synergies
  • Prepare RFI’s, RFP’s, and RFQ’s and evaluate supplier proposals
  • Work closely with all functions (Engineering, Marketing, Operations, Finance, Legal, Logistics, IT, etc) to formulate, implement and execute sourcing and continuous improvement strategies
Education & Experience
  • Bachelor’s degree required
  • Minimum of 2 years of strategic sourcing experience including supplier selection, supplier management, contract negotiations etc.
  • Manufacturing experience preferred
Essential Skills & Experience
  • Knowledge of procurement and sourcing techniques and strategies, supplier integration, and continuous improvement initiatives
  • Proven track record of developing and executing successful year-over-year productivity projects
  • Good relationship management skills, bringing together internal / plant and supplier partners to achieve aggressive goals in a timely manner
  • Proficiency in Microsoft Office
  • Excellent interpersonal, communication and negotiation skills
  • Effective leadership & facilitation skills demonstrated
  • Strong project, program management and problem solving skills required
  • Ability to work in a matrixed environment, managing multiple and potentially conflicting priorities
  • 20-30% 

About Us
The Stanley Black & Decker Global Supply Management (GSM) team is our strategic sourcing organization focused on leveraging the company’s scale to achieve the best possible price with the best possible quality; service and delivery among all categories of spend. In addition, the team maintains close alignment with the businesses to support overall strategies, and drives to a best-in-class sourcing organization using Stanley Fulfillment System principles.
Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, mechanical access solutions and electronics security solutions, healthcare solutions, engineered fastening systems, and more. Learn more at
Stanley Black & Decker employees are given the opportunity to:
  • Work collaboratively and across functions with the highest caliber talent:  SBD is committed to hiring and developing great people who have a passion for excellence and a commitment to continuous improvement
  • Utilize cutting-edge technology and processes:  Creating the next generation of products and services that will impact the world for generations to come
  • Foster growth and professional development capabilities:  SBD is a large, global organization with many disciplines and locations with opportunity to explore different roles and further your career without having to change companies
  • Be recognized & rewarded:  We value our employees, recognize their talent, encourage their growth and reward contributions
At Stanley Black & Decker, we welcome talented and competitive people, and reward them with outstanding career development, personal growth and leadership opportunities. Join the winning team at a company whose reputation speaks for it.
Stanley Black & Decker provides employees with a great work environment, a competitive salary and a comprehensive benefits plan that includes medical, dental, life, disability, 401k, vacation, paid holidays, and more! Only those candidates who are currently eligible to work in the US will be considered for the opportunity. 
Stanley Black & Decker is proud to be an Equal Opportunity Employer supporting diversity in the workplace.

Requisition Number

New Britain, CT or Portsmouth, NH

EEO Statement
All qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.