Sourcing and Procurement Specialist

4 weeks ago

Warminster, United States Vör Full time

Overview:
We are seeking a highly skilled and motivated Sourcing and Procurement Specialist to join our team. As a Sourcing and Procurement Specialist, you will be responsible for managing the procurement process and ensuring the timely and cost-effective sourcing of materials and services. This is a critical role that requires strong analytical skills, attention to detail, and the ability to work collaboratively with cross-functional teams.

**Responsibilities**:

- Develop and implement sourcing strategies to meet business objectives
- Conduct market research to identify potential suppliers and evaluate their capabilities
- Negotiate contracts and terms with suppliers to ensure favorable pricing and service levels
- Collaborate with internal stakeholders to understand their requirements and provide guidance on sourcing options
- Manage supplier relationships, including performance monitoring and issue resolution
- Monitor market trends and industry developments to identify opportunities for cost savings or process improvements
- Ensure compliance with company policies, procedures, and regulatory requirements
- Utilize procurement management systems to track and report on sourcing activities

**Responsibilities**:

- Identify and engage with potential new suppliers to broaden our network and decrease operational costs.
- Negotiate pricing and terms with both new and existing suppliers to ensure favorable conditions for our company.
- Complete all necessary paperwork and administrative processes to set up new vendors in our system.
- Maintain a steady flow of raw materials and services to meet production needs without interruption.
- Work closely with the production and finance departments to align sourcing strategies with business goals.
- Monitor market trends and supplier performance to adjust sourcing strategies as needed.

**Requirements**:

- Proven experience in sourcing and procurement. Experience in sourcing for food and beverage companies is preferred.
- Strong negotiation skills with a track record of securing cost-effective agreements.
- Excellent communication and interpersonal skills, capable of maintaining strong relationships with business partners and suppliers.
- Ability to manage multiple tasks simultaneously and meet tight deadlines.
- Detail-oriented with strong organizational skills.
- Proficiency in using procurement software and tools.

Qualifications:

- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- 1+ year of experience in a sourcing or procurement role preferred but not required
- Strong analytical and problem-solving skills.

Pay: $40,000.00 - $60,000.00 per year

Ability to Commute:

- Warminster, PA 18974 (preferred)

Ability to Relocate:

- Warminster, PA 18974: Relocate before starting work (preferred)

Work Location: In person

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