Sourcing Manager - Asset Services

Woodward L'Orange•Fort Collins, CO

2d•$105,000 - $168,000

About The Position

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards. We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future. Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. Estimated annual base pay: $105,000(minimum) - $136,000(midpoint) - $168,000(maximum) All Levels are eligible for the benefits below: All members included in annual cash bonus opportunity. 401(k) match (4.5%) Annual Woodward stock contribution (5%) Tuition reimbursement and Training/Professional Development opportunities for all members 12 paid holidays, including floating holidays. Industry leading medical, dental, and vision Insurance upon date of hire Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave. Paid parental leave. Adoption Assistance Employee Assistance Program, including mental health benefits. Member Life & AD&D / Long Term Disability / Member Optional Life Member referral bonus Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending Voluntary benefits, including: Home / Auto Insurance discounts Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave The Sourcing Manager III for Asset Services drives advanced sourcing strategies that ensure reliable supply, cost efficiency, and contractual protection for engineered systems across global service operations. Responsibilities include supplier assessment, complex contract negotiation, strategic sourcing, spend portfolio management, and commercial risk reduction. The role requires strong negotiation, financial and legal acumen, problem‑solving, cross‑functional collaboration, and the ability to distill information, influence stakeholders, challenge assumptions, and deliver measurable value through optimized supply chain performance.

Requirements

Collaboration: Sets goals and helps the team accomplish them. Facilitates collaboration opportunities and holds others accountable to shared goals.
Legal Acumen: Works with legal and compliance team to ensure contract due diligence. Assists in contract development.
Financial Acumen: Frames work in terms of financial principles (cost, revenue, etc.). Creates and manages financial reports. Able to use finance analytic tools.
Learning: Acquires knowledge through experiential learning, as well as other methods, and share findings or reflections with others.
Negotiation: Leads negotiations using appropriate strategies. Negotiation results in positive outcomes for the business and supplier. Think creatively to optimize deals with suppliers.
Problem Solving: Creates or finds appropriate and effective solutions to problems. Uses a systematic approach to solve problems. Effective implements solutions.
Communication and Influence: Shares information effectively, can affect decisions across different audiences using specialized approaches. Sells own ideas by tying them into the values, needs, aspirations and goals of others.
Information Navigation: Able to distill wide sources of information to stakeholders; uses a wide network of resources and contacts to find appropriate information. Root causes inaccurate information, such as old data or hallucinations produced by AI.
Intellectual Curiosity: Crafts innovative solutions. Constructively pushes against long-held assumptions in the function.
Value Orientation: Manages projects and goals with little assistance. Establishes performance standards and measurements for work. Delivers on value proposition.

Nice To Haves

Technical experience in electrical components and system knowledge (a plus, but not required)

Responsibilities

Supplier Assessment: Assess potential suppliers to ensure they conform to category, supply chain, and product strategies and meet the company’s quality, cost, and delivery requirements.
Contract Management: Negotiate favorable terms and conditions with suppliers to ensure security of supply, commercial appropriateness, and risk management to generate mutually beneficial agreements that will deliver value for both parties.
Strategic Sourcing: Select suppliers to provide direct material within a given category of suppliers who substantially conform to the category strategy, provide commercial favorability and reduce risk.
Portfolio Management: Manage the portfolio of spending for a given category to include financial performance, plan for every part, and understanding of total supply chain.
Commercial Strategy: Analyze total cost structures and implement strategies to reduce procurement risk (financial and otherwise) while maintaining quality and delivery performance to generate best total value for a given category.

Benefits

All members included in annual cash bonus opportunity.
401(k) match (4.5%)
Annual Woodward stock contribution (5%)
Tuition reimbursement and Training/Professional Development opportunities for all members
12 paid holidays, including floating holidays.
Industry leading medical, dental, and vision Insurance upon date of hire
Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave.
Paid parental leave.
Adoption Assistance
Employee Assistance Program, including mental health benefits.
Member Life & AD&D / Long Term Disability / Member Optional Life
Member referral bonus
Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending
Voluntary benefits, including: Home / Auto Insurance discounts Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave