Sr. Sourcing Specialist
3 weeks ago
Essential Functions and Responsibilities:
- Deliver cost savings initiatives and adhere to budgetary guidelines
- Drive decreases in total cost of ownership for materials procured.
- Analyze and detail the environmental factors impacting each category (economy, industry, company), and identify and develop cost reduction initiatives.
- Assemble cross-functional teams to determine current state of material supply, determine future needs, determine gaps between current state and future state (needs), and develop plan to close those gaps.
- Highly organized and able to lead and manage projects.
- Lead evaluation of supplier capabilities, cost structure, risks, and partnership potential to determine supply base.
- Drive supplier relationship management efforts for key suppliers on an ongoing basis to measure supplier performance and evaluate potential opportunities.
- Daily management of purchasing activities including resolution of issues, timely action to MRP, PO management and invoice reconciliation.
- Performs a range of expediting responsibilities such as reviewing purchase order expected receipt reports to ensure timely delivery of materials and supplies.
- Interfaces with vendors on past due deliveries, mitigates delayed receipts and provides information to internal customers related to delivery dates.
- Maintains and/or assists in the maintenance of purchase order files and records.
- Investigates and corrects purchasing and invoicing discrepancies.
Minimum Qualifications:
Education:
- Bachelor’s degree in business, Science or related field
Experience:
- Minimum of 7-10 yrs experience in sourcing and procurement in a manufacturing environment
- Proven track record in strategic sourcing, supplier negotiation, and contract management.
- Experience managing sourcing projects from conception to execution, demonstrating the ability to handle multiple priorities effectively.
- Experience working with MRP/ERP systems
Skills/Abilities:
- Excellent interpersonal skills to professionally represent the organization to various suppliers and external resources, as well as throughout multiple internal departments at all levels of the organization.
- Experience working with various departments (R&D, production, finance, etc.) to align sourcing strategies with business objectives.
- Advanced level skills of Excel (pivot tables, vlook-ups, macros, etc.)
- Detail oriented with a strong sense of urgency, perseverance, and tenacity.
- Proactive management of suppliers and communication.
- Ability to partner with suppliers to manage supply constraints or disruptive situations.
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