Sourcing Specialist

2 weeks ago

Phoenix, United States Phoenix Manufacturing, Inc. Full time

Description:
**Company Summary**

Managed as part the Riverbend Industries portfolio, Phoenix Manufacturing, Inc (“PMI”) designs, markets, sales, and manufactures various high-efficiency residential and industrial evaporative cooler systems under the Frigiking®, Aerocool®, and Ecokool® brands. For almost fifty years, PMI has been providing quality cooling solutions and exceptional customer service to customers across the western United States and beyond.

Riverbend Industries Inc. (“RBI”) is a private family-owned portfolio holding company headquartered in Chicago, Illinois. The portfolio is primarily comprised of several small, independently operated, previously family-run businesses in the light manufacturing and distribution sectors. The portfolio is a long-term holder of its investments and plans to grow both organically and through acquisitions into the foreseeable future.

**Position Summary**

**Essential Job Functions**

The Sourcing Specialist will have several Roles and Responsibilities including, but not limited to the following:

- Approach every task with a _Safety-First_ mindset
- Responsible for managing the company’s supply portfolio ensuring transparency of spending
- Identify and evaluate potential suppliers based on factors such as price, quality, reliability, and service
- Negotiate contracts, terms, and pricing with suppliers to achieve cost savings and favorable terms
- Manage supplier relationships to ensure alignment with company objectives and performance expectations
- Collaborate with internal stakeholders, such as production, scheduling, sales, quality assurance, engineering, and finance teams to understand requirements and priorities
- Generating and implementing efficient sourcing and category management strategies
- Analyze and calculate costs of procurement and suggest methods to decrease expenditure
- Develop negotiation strategies and secure profitable deals
- Monitor supplier performance and address any issues or concerns in a timely manner
- Optimize sourcing procedures to attain maximum efficiency when buying material from vendors
- Research and anticipate shifts in the negotiating power of supplies by performing cost and scenario analysis, and benchmarking
- Stay informed about industry trends, market conditions, and regulatory changes that may impact sourcing decisions
- Develop, deploy, and ensure adherence to policies and procedures for all supply chain activities including purchasing, warehousing, order fulfillment, and logistics
- Participate as a key member of the Operations management team. Collaborate well with other managers and functions to improving overall business performance
- Collaborate with customer base to determine weekly inbound forecast and develop consumption models to improve accuracy
- Work closely with the Materials team in developing a Production (Build) plan based on demand requirements from actual Sales Orders. Translates the build plan into firm work orders to drive MRP
- Works closely with the Materials & Procurement Manager to ensure raw materials support the Production plan and provide timely feedback to Sales/Marketing for any deviation from the original expectation
- Coordinate information with other functional staff, including customer service, engineering, operations, and accounting
- Understand capacity management relationship to MRP. Work with work center input and output loading. Establish, measure, monitor, and adjust capacity levels to execute all manufacturing schedules.
- Work with the Inventory Control team in Identifying/ analyzing operational problems related to cycle count inventory and identifying root causes
- Coordination with Inventory Control team of the annual physical inventory with all departments
- Monitor and ensure accuracy of all inventory transactions and maintain records of all stockroom locations
- Develop and implement strategies to simplify processes, improve accuracy, and improve operating efficiency
- Provide appropriate direction and support to team members to ensure the effectiveness and efficiency of inventory control systems and procedures
- Excellent organizational, verbal, and written communicational skills
- Able to develop rapport and relationships with all levels of employees
- Ability to quickly adapt to current conditions and to multi-task efficiently and effectively
- Will perform duties in both office and Manufacturing plant environment
- Must perform all work per all applicable safety procedures
- Able to work Overtime based on production requirements
- Follow up the execution of the excess and obsolescence process for raw material and review options with suppliers to reduce the inventory
- Other duties and responsibilities as required

**Requirements**:

- Bachelor’s degree in business administration, Supply Chain Management, or related field
- 7-10 years’ experience in Global multi-operations supply chain management in high-volume assembly and large-scale fabrication opera

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