Who Are We?
The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world- class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us. From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and an average employee tenure of 15 years, come find out what makes The Toro Company the best place in the Twin Cities to build a career.
As a highly visible and impactful sourcing team contributor, this position is responsible for the development, implementation and execution of strategies associated with assigned commodity, reducing TCO (total cost of ownership), managing supplier relationships, development and implementation of sourcing strategies, negotiating pricing, implementing and administering contracts, understanding markets, forecasting pricing trends, and leading a cross-functional commodity team.
What Will You Do?
Reduce TCO (total cost of ownership) through cross-functional collaboration for assigned direct material commodities.
Develop a sourcing strategy for each assigned commodity that incorporates customer requirements, product requirements, market conditions, business risk, and supplier capabilities.
Communicate on a continuous basis with internal customers to understand business objectives, expectations and specific requirements.
Serve as an internal resource regarding supplier new products, capabilities, technologies, and sourcing process.
Develop and maintain knowledge of market conditions, trends, sources of supply and supplier capabilities for materials, equipment and services within assigned commodities.
Lead sourcing negotiations with all levels of supplier contacts to establish terms of contracts, memorandum of understanding and schedule agreements.
Define and track appropriate metrics for total cost reduction, provide data and input to business and corporate metrics and forecasts.
Establish sources and alternate sources of supply to enhance means of meeting purchase requirements and achieving best total delivered cost, quality, service, and technology.
Develop, maintain and strengthen long-term supplier relationships.
Manage supplier performance and use competitive criteria for supplier development and awarding business when applicable.
Resolve complex problems relating to supplier quality and service, contract disputes, and other discrepancies.
Provide work direction to buyer(s) as needed.
Travel potential of 20-30%.
Any special tasks, assignments, and projects as assigned.
Job Dimensions
Interfacing with commodity buyer, supplier quality engineer, advanced sourcing managers, product managers, engineering, legal, manufacturing facilities and suppliers. This position is responsible for strategic sourcing activities for the assigned set of commodities. Travel both domestic and/or international will be required.
What Do You Need?
Bachelor’s degree in Operations, Engineering, Supply Chain or Business; Master’s degree preferred
Institute of Supply Management (ISM) certification (CPSM, CPM) or equivalent, preferred
Progressive experience in commodity management and strategic sourcing: 3 years, level I; or 5 plus years with preferred focus in Metals and executing Metals Strategy
Demonstrated experience in: negotiation, forecasting, leading cross-functional teams, working with various levels of management, understanding commodity markets, partnering with engineers, and working with and developing international vendors
Experience in sourcing parts/assemblies globally (Mexico, India, China and Europe) strongly desired
Skilled in Microsoft Office Suite
Excellent written and verbal communications
Strong interpersonal, facilitation and team leadership skills
Strong analytical abilities and research skills, including using internet sources as a resource
Skilled in reading and interpreting engineering drawings and blueprints
Understanding of enterprise purchasing and planning systems such as SAP and analytical tools.
What Can We Give You?
At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at our Bloomington, MN HQ location a variety of perks , including:
Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment.
Location – Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters!
Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day.
Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical wellbeing, TTC offers a variety of mental health and financial health resources to all employees.
Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community.
Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday.
Flexible Work Arrangements – This team is currently implementing a hybrid work schedule. The opportunity to collaborate in the office and work from home part- time, has promoted team-building and flexibility . #LI-Hybrid
Competitive Salary – The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. Cash compensation is one piece of our competitive total rewards package. If you need to, you can access your pay early with the One@Work app, formerly the Even app.
We are proud to be an Equal Opportunity Employer and consider qualified applicants without regard to race, color, religion, sex (including pregnancy and related needs and conditions , gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non- merit based factors. We celebrate diversity and are committed to creating an inclusive environment for all employees.
#LI-TS1