Strategic Sourcing Manager (Elk Grove Village, Illinois (IL), US, 60007)

Job description

Building the people that build the world. With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We’re a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world. As part of Detection and Measurement, Genfare is a leader in configurable fare collection systems in the public transit industry. By creating high quality equipment and payment systems to improve the rider experience, we empower equitable mobility and provide services to better connect communities. How you will make an Impact (Job Summary) The Strategic Sourcing Manager is responsible for developing and executing sourcing strategies that ensure supply continuity, cost competitiveness, supplier quality, and risk mitigation across direct material categories. The role has a primary focus on electronics and technology-related commodities, including PCBAs, electronic components, semiconductors, SSDs, servers, computing hardware, and cable harnesses, which represent the organization's most strategic and technically complex spend areas. This position leads supplier selection, negotiations, cost reduction initiatives, capacity planning, and technology roadmaps with key electronics manufacturing services (EMS) providers and component suppliers. The Strategic Sourcing Manager collaborates closely with Engineering, Operations, Quality, and Finance to support new product introductions (NPI), supply continuity, and long-term business growth. While the primary emphasis is on electronics and server-related technologies, the role also supports sourcing initiatives across additional material categories, including metals, hardware, plastics, and electromechanical assemblies, as business needs require. The position is expected to drive supplier performance, strengthen strategic supplier partnerships, and deliver sustainable value through cost, quality, innovation, and risk management. What you can expect in this role (Job Responsibilities) While each day brings new opportunities at SPX, your core responsibilities will be: Develop and execute category strategies for electronics and technology-related commodities aligned with business objectives. Conduct market research, spend analysis, and supplier segmentation to identify sourcing opportunities. Lead supplier selection, qualification, and negotiation for cost, quality, and delivery performance. Manage long-term supplier agreements and ensure compliance with procurement policies and standards. Collaborate with engineering on material selection, cost optimization, and design-for-manufacturability initiatives. Monitor raw material market trends and establish cost mitigation strategies, including hedging or alternate sourcing. Track supplier KPIs (quality, cost, delivery) and drive continuous improvement and risk management programs. Support cross-functional projects such as new product introduction, value engineering, and process improvement initiatives. Assist in placing purchase order. What we are looking for (Experience, Knowledge, Skills, Abilities, Education) We each bring something to the table, and we are looking for someone who has: Required Experience 6-9 years of procurement, category, strategic sourcing management experience, preferably in electronics and technology-related commodities, including PCBAs, electronic components, semiconductors, SSDs, servers, computing hardware. Experience with supplier negotiations, contract management, and strategic sourcing in a manufacturing environment. Proven record of achieving cost savings, process improvements, and supplier performance enhancement. Preferred Knowledge, Skills, and Abilities Strong knowledge of electronics and technology-related commodities, including PCBAs, electronic components, semiconductors, SSDs, servers, computing hardware, Understanding of cost drivers, manufacturing processes, and quality systems for metals and plastics. Proficiency in ERP/MRP systems and sourcing tools (Oracle, SAP, or similar). Excellent analytical, negotiation, and supplier relationship management skills. Ability to interpret technical drawings, specifications, and manufacturing requirements. Strong communication and collaboration skills across multiple functional areas. Results-driven, detail-oriented, and able to manage multiple priorities in a fast-paced environment. Education & Certifications Bachelor’s degree in supply chain management, Business Administration, Engineering, or related field required. Travel & Working Environment Hybrid or office-based role with occasional remote flexibility. 3 day office requirement. Requires 15–30% travel for supplier visits, audits, and business units (domestic and international). Fast-paced, cross-functional environment requiring strong organization and communication. Occasional extended hours may be needed to support global projects and deadlines. The compensation information that follows is a reasonable estimate for the position and is provided pursuant to legal requirements in this state. The salary estimate provided represents the typical salary range for the position, and other factors may be used to determine the successful candidate’s actual salary, including: skill set, experience, training, education, organizational needs, internal equity, market data, and geographic zone. The estimated salary range for this position is: $93,000-$125,000. At SPX, it is not common for individuals to be hired at the higher end of the range, and compensation decisions depend on a variety of factors. This role is eligible to participate in a discretionary bonus plan, subject to the rules governing the plan. SPX offers a variety of benefits, including health benefits, 401k retirement with a company match, and flexible time off. More information about our benefits can be found on the “Rewards and Benefits” section of the career page. How we live our culture Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX. What benefits do we offer? We know that the well-being of our employees is integral. Our benefits include: Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave Competitive health insurance plans and 401(k) match, with benefits starting day one Competitive and performance-based compensation packages and bonus plans Educational assistance, leadership development programs, and recognition programs Our commitment to embrace diversity to build a culture of inclusion at SPX We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential. SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.