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Senior Manager, Global Sourcing

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here

Job Description

As a Senior Manager, Global Category Sourcing, you will lead strategic sourcing activities for multiple assigned categories. You will work closely with global supply chain leaders across all Fortune Brands to develop & implement sourcing strategies that would effectively reduce the total cost of ownership of category spend, leveraging world-class negotiation skills, tools, and processes. You will lead the transformations in collaboration with Finance & our stakeholders of all impacted organizational functions.

Location: This position is eligible for a hybrid schedule based out of Deerfield, IL. Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, bringing together associates from across our U.S. offices, brands, and functions. The campus will offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare, fitness and recreation.

RESPONSIBLIITIES:

  • Develop an effective strategy Manage for the assigned categories including the study and analysis of the market conditions, global technical and manufacturing capabilities to feed multiple FBIN sites, the best total cost of ownership to ensure that materials are purchased at competitive prices.
  • Lead and execute supplier agreements to protect different FBIN businesses.
  • Work with the Global Sourcing Team to embed a ‘Should Cost’ methodology into supplier negotiations.
  • Build, recruit, mentor and train a high performing team that will support FBIN’s future strategy.
  • Lead sourcing efforts to develop the lowest total cost of ownership, improving our competitiveness, service levels and quality position.
  • Provide plans and deliver annual improvement goals for key performance indicators – cost, quality, delivery and working capital.
  • Develop requests for quotations and proposals, analyze supplier responses, negotiate, and award contracts. Manage post-agreement supplier activities.
  • Drive productivity by working closely with operational and supply chain champions, continually improving sourcing processes, driving standardization of common items, and eliminating waste in the supply chain.
  • Support the new product development process as necessary. Work directly with Sourcing New Product Design Team to provide a clear supply chain/sourcing strategy to support the new product initiative; evaluate potential suppliers to validate they can meet expectations. 
  • Manage the category sourcing aspects of the NPD process.
  • Closely interface with Supplier Quality Engineering to ensure supplier quality performance meets FBIN targets.

Qualifications

  • Bachelor’s degree in business, Supply Chain, or a related field.
  • Minimum of 8+ years of experience in Category Sourcing, Regional Sourcing and or Global Sourcing roles with a demonstrated experience managing multiple categories and supply bases across multiple regions.
  • Deep understanding of best-in-class procurement practices including extensive end-to-end experience in Sourcing process, Negotiations, Supplier & Industry Analysis, and RFx expertise.
  • Experience leading global teams, across multiple regions.
  • Able to travel domestically and internationally as needed.

COMPETENCIES:

  • Ability to develop a culture of teamwork.
  • Relish change and possess a passion for excellence.
  • Strategic planning/thinking skills, coupled with analytical and execution skills.
  • Strong interpersonal and communication skills for interaction at all levels of the organization.
  • Prior experience with Global supply base.
  • Lead cross-functional strategic supply projects as necessary.

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $124,000 USD - $190,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

#LI-AM1 #LI-hybrid

Average salary estimate

$157000 / YEARLY (est.)
min
max
$124000K
$190000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Manager, Global Sourcing, Fortune Brands

Are you ready to take your career to the next level? Fortune Brands Innovations, Inc. is on the lookout for a talented Senior Manager, Global Sourcing to lead our strategic sourcing activities. As part of our dynamic team based in Deerfield, Illinois, you'll play a pivotal role in developing and implementing sourcing strategies that significantly reduce our total cost of ownership across multiple categories. Your expertise in negotiation and supplier management will be crucial as you collaborate with global supply chain leaders and other stakeholders to enhance operational efficiency and drive cost savings. Imagine working in an environment that not only values high performance but also encourages creative thinking and bold decisions. You'll lead a high-performing team, mentor future leaders, and ensure that we’re getting the best materials at competitive prices while maintaining quality and service levels. Plus, with our upcoming transition to a cutting-edge campus in 2025, you can look forward to a vibrant workspace designed to foster collaboration and innovation. If you have a proven track record in category sourcing, a passion for team development, and the ability to lead transformative strategies, we’d love to hear from you. Join us at Fortune Brands, where your work makes a difference!

Frequently Asked Questions (FAQs) for Senior Manager, Global Sourcing Role at Fortune Brands
What responsibilities does a Senior Manager, Global Sourcing at Fortune Brands Innovations have?

In the role of Senior Manager, Global Sourcing at Fortune Brands Innovations, you will lead strategic sourcing initiatives for various categories. This includes analyzing market conditions, managing supplier agreements, and driving cost-saving measures. You'll be working closely with Finance and operational stakeholders to ensure alignment on sourcing strategies and objectives, as well as mentoring a high-performing team to support future strategies.

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What qualifications are required for the Senior Manager, Global Sourcing position at Fortune Brands?

To qualify for the Senior Manager, Global Sourcing role at Fortune Brands Innovations, candidates should possess a Bachelor’s degree in business, supply chain, or a related field along with 8 years of relevant experience in sourcing. A deep understanding of best-in-class procurement practices and global supply chain experience, particularly leading sourcing teams across various regions, is essential for success in this position.

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How does Fortune Brands support its employees in the Senior Manager, Global Sourcing role?

Fortune Brands Innovations is committed to its employees' well-being and professional growth. Employees in the Senior Manager, Global Sourcing role can expect competitive salaries, performance-based bonuses, and comprehensive benefits packages focusing on health, wellness, and work-life balance. An inclusive organizational culture is also a hallmark of our workplace, ensuring every team member feels valued.

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What kind of team will I be leading as a Senior Manager, Global Sourcing at Fortune Brands?

As a Senior Manager, Global Sourcing at Fortune Brands Innovations, you will build and lead a diverse, high-performance team dedicated to sourcing excellence. Your role will involve mentoring members to enhance their skills, fostering teamwork, and driving initiatives that align with the company's strategic objectives. This collaborative environment is key to achieving significant cost savings and operational advancements.

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What opportunities for career growth are available at Fortune Brands for a Senior Manager, Global Sourcing?

At Fortune Brands Innovations, a career as a Senior Manager, Global Sourcing offers numerous growth opportunities. With a focus on talent development, you'll have access to training programs and leadership development initiatives, allowing you to hone your skills and advance within the organization. The upcoming move to a new campus also presents an exciting chance to collaborate with a wider network of professionals across various brands.

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Common Interview Questions for Senior Manager, Global Sourcing
Can you explain your experience with global sourcing strategies?

When answering this question, highlight specific examples of sourcing strategies you have implemented in your previous roles. Emphasize your analytical approach to market research, cost analysis, and supplier negotiations, demonstrating how you enhanced operational efficiency and reduced costs.

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How do you handle supplier relationship management?

Discuss your approach to building and maintaining strong relationships with suppliers, including establishing clear communication, setting expectations, and promoting a collaborative environment. You might provide examples of past experiences where your efforts led to improved performance and strategic partnerships.

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What methods do you use for negotiation in sourcing deals?

In your response, elaborate on the negotiation techniques you employ, such as data analysis, competitive benchmarking, and win-win solutions. Share any success stories that illustrate your effectiveness in securing advantageous terms for your organization.

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How do you ensure quality in the sourcing process?

Talk about the importance of supplier quality assessments and the methods you use to monitor and ensure adherence to quality standards. Mention collaborative quality assurance processes with Supplier Quality Engineering to achieve consistent results in supplier performance.

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Describe a challenging sourcing project you led and the outcome.

Detail a specific sourcing challenge you encountered, the strategies you implemented to address it, and the outcomes achieved. Focus on the problem-solving skills and adaptability that led to successful project completion while meeting objectives.

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How do you approach cost reduction while maintaining quality?

Explain your philosophy on balancing cost reduction with quality assurances. You can discuss strategies such as value analysis, supplier development programs, and process improvements that you have leveraged to achieve cost efficiency without sacrificing quality.

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What is your experience with category management?

Provide an overview of your expertise in category management, highlighting your ability to analyze market trends, competitor behaviors, and supplier capabilities. Share examples of how you've successfully developed sourcing strategies tailored to specific categories.

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How do you prioritize multiple sourcing projects?

Discuss your strategic approach to prioritization, including criteria you use to assess project urgency and impact. Share time management methodologies or tools that have proven effective in managing competing deadlines and ensure project success.

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What role does technology play in your sourcing process?

Explain how you leverage technology, such as sourcing software, analytical tools, or procurement platforms, to enhance sourcing efficiency. Provide examples of technologies you have implemented or recommended and the impact they had on sourcing performance.

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How do you support cross-functional teams in sourcing initiatives?

Highlight your experience working alongside cross-functional teams to align sourcing strategies with overall business goals. Discuss how collaboration can lead to innovation and improvements in product development, emphasizing the importance of open communication and sharing objectives.

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Full-time, hybrid
DATE POSTED
April 6, 2025

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