Position Summary:

The Sourcing Leader supports the development and execution of sourcing strategies that drive value, efficiency, and operational effectiveness. This role assists in maintaining procurement processes, procedures, and controls to ensure the consistent and compliant acquisition of goods and services.

The Sourcing Leader manages small to mid-level supplier relationships and contracts, supporting cost savings initiatives and service improvements. This position partners with internal stakeholders to meet supply and service needs while developing strategic sourcing and negotiation expertise.

Major Responsibilities:

• Support the development and execution of sourcing strategies by identifying opportunities, assessing current processes, and recommending cost and service improvements aligned with business objectives.
• Manage supplier selection and contract negotiations for small to mid-level spend categories, including supporting RFP/RFQ processes, evaluations, and implementation.
• Execute sourcing projects by developing project plans, coordinating cross-functional stakeholders, and driving timely completion of initiatives.
• Monitor supplier performance by tracking KPIs, service levels, quality metrics, and cost targets; escalate issues as appropriate.
• Support end-to-end procurement activities and assist in identifying cost savings and value-creation opportunities.
• Maintain accurate procurement documentation and ensure compliance with company policies, procedures, and controls.
• Utilize procurement systems and tools (including ERP and Parts Net, if applicable) to analyze spend data and support reporting needs.
• Perform other duties and projects as assigned.

Qualifications: • High School diploma or equivalent is required • Bachelor's Degree is preferred; Supply Chain, Business, Finance, or related field preferred• 3–6 years of experience in sourcing, purchasing, procurement, or supply chain• Experience supporting supplier negotiations and contract administration• Working knowledge of RFP/RFQ processes and supplier evaluations• Foundational understanding of cost analysis and total cost of ownership (TCO) concepts• Strong analytical skills with proficiency in Excel and procurement systems• Experience with ERP systems; knowledge of Parts Net purchasing system preferred• Demonstrated ability to manage multiple projects and priorities• Strong communication and interpersonal skills, must be proficient in PowerPoint (or similar) presentations• Ability to work cross-functionally and build effective working relationships• Detail-oriented with strong organizational skills• Any Six Sigma (or equivalent) training – such as Green Belt, Black Belt or Master Black Belt certification - is a plus• Willingness to travel as necessary, work the required schedule, work at the specific location required• Successful candidate must complete Penske employment application, submit to a background investigation (past employment, education, and criminal history), and complete a drug screening.

Physical Requirements: -The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. -The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines. -While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg. -Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. Penske is an Equal Opportunity Employer.