Strategic Sourcing Manager

Career Opportunities: Strategic Sourcing Manager (70042)

Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with 2025 total revenues reaching approximately $4.4 billion. Herc Rentals’ parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol “HRI.” Herc Rentals serves customers through approximately 607 locations and has about 10,000 employees in North America as of June 30, 2026.

Job Purpose

Herc Rentals is seeking a driven and experienced Strategic Sourcing Manager to play a pivotal role in shaping our procurement strategy across key spend categories. In this high-impact role, you will lead complex sourcing initiatives, build and manage strategic supplier partnerships, and deliver measurable cost savings and value that directly support Herc's operational and growth objectives. You will work cross-functionally with internal stakeholders and external partners to ensure procurement processes are efficient, compliant, and aligned with the company's long-term strategy.

What you will do...

• Build and maintain strong relationships with key suppliers, ensuring effective communication, performance accountability, and long-term value.
• Proactively identify and onboard new suppliers to diversify the supply base and reduce single-source risk.
• Collaborate closely with business stakeholders including Operations, Finance, Legal, and IT to understand their needs and align sourcing strategies.
• Serve as a trusted advisor to internal clients on market trends, supplier capabilities, and procurement best practices and develop and execute category sourcing strategies, leveraging market intelligence, spend analytics, and stakeholder input.
• Lead the full range of sourcing events for assigned commodities and categories, including development and management of complex RFIs, RFPs, and RFQs.
• Conduct quantitative and qualitative analysis of supplier proposals, total cost of ownership models, and market benchmarks to support data-driven decisions.
• Lead complex negotiations with suppliers to achieve optimal pricing, favorable commercial terms, and appropriate risk allocation.
• Manage the full contract lifecycle for assigned categories — from initial discussions through final signature — including post-signature support, amendments, renewals, and terminations.
• Collaborate with Legal, Risk, and Compliance to ensure contracts meet Herc Rentals' standards for legal protection and regulatory compliance.
• Design and implement supplier performance frameworks, including KPIs, scorecards, and SLA monitoring, to ensure consistent quality, service, and compliance.
• Conduct regular supplier performance reviews and lead remediation efforts for underperforming suppliers.
• Provide day-to-day sourcing support to stakeholder teams in producing deliverables and achieving project milestones.
• Manage multiple concurrent sourcing projects, balancing competing priorities and deadlines in a fast-paced environment.
• Track and report on sourcing savings, value delivery, and category performance metrics for leadership.

Requirements

• 5 years of sourcing, procurement, or supply chain management experience with a Fortune 500 or large industrial organization.
• Bachelor's degree in Supply Chain Management, Business Administration, Finance, Engineering, or a related field.
• Master's degree (MBA) or advanced degree preferred.
• Professional certification (CPSM, CPM, or CIPS equivalent) a plus.

Skills

• Strong strategic thinking with the ability to develop long-term category plans aligned to business goals.
• Demonstrated expertise in negotiating complex, high-value agreements for goods and services across multiple categories.
• Strong quantitative and qualitative analysis skills, including total cost of ownership modeling, spend analysis, and financial acumen.
• Excellent project management and facilitation skills; proven ability to manage multiple concurrent projects with competing priorities, aggressive timelines, and cross-functional stakeholders.
• Exceptional written and verbal communication, organization, and problem-solving skills; ability to present complex information clearly to all levels of the organization.
• Demonstrated ability to work effectively in a matrixed organization, building strong relationships with internal clients and external partners.
• Customer service focused with a proactive, solutions-oriented mindset; team player with initiative, a positive attitude, and the ability to adapt to changing business needs.
• Consistently dependable with a strong track record of meeting commitments and deadlines.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint); experience with ERP or procurement platforms preferred.

Pay Range: $110,000 - $120,000

Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.

Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.

Keeping you healthy

• Medical, Dental, and Vision Coverage
• Life and disability insurance
• Flex spending and health savings accounts
• Virtual Health Visits
• 24 Hour Nurse Line
• 401(k) plan with company match
• Employee Stock Purchase Program

Life & Work Harmony

• Paid Time Off (Holidays, Vacations, Sick Days)
• Paid parental leave.
• Military leave & support for those in the National Guard and Reserves
• Employee Assistance Program (EAP)
• Adoption Assistance Reimbursement Program
• Tuition Reimbursement Program
• Auto & Home Insurance Discounts

Protecting You & Your Family

• Company Paid Life Insurance
• Supplemental Life Insurance
• Company Paid Disability Insurance
• Supplemental Disability Insurance
• Group Legal Plan
• Critical Illness Insurance

Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.