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Strategic Sourcing Specialist

1 month ago

Euclid, United States Lincoln Electric Full time

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 11,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.

Location: Euclid - 22801- Cleveland, OH,United States (US)
Employment Status: Salary Full-Time
Function: Supply Management
Req ID:24962

PURPOSE: We are seeking a highly motivated and detail-oriented Sourcing Specialist to join our team. The Sourcing Specialist will be responsible for identifying, evaluating, and selecting suppliers for our organization. The ideal candidate will have a strong understanding of procurement processes, excellent communication skills, and the ability to negotiate effectively.

JOB DESCRIPTION (DUTIES AND RESPONSIBILITIES)

  • Be part of the global strategic sourcing team responsible for the Capex spend category.
  • Conduct research to identify potential suppliers and evaluate their capabilities
  • Develop and maintain relationships with suppliers to ensure timely delivery of goods and services
  • Negotiate contracts and pricing with suppliers to ensure cost-effective procurement
  • Monitor supplier performance and address any issues that arise
  • Collaborate with internal stakeholders to understand their procurement needs and requirements
  • Develop and implement sourcing strategies to optimize procurement processes
  • Stay up-to-date with industry trends and best practices in procurement and sourcing
  • Assumes additional responsibilities as needed or directed in support of the Company's 2025 Strategy.
BASIC REQUIREMENTS
  • Bachelor's degree in business, supply chain management, or a related field
  • 3+ years of experience in procurement or sourcing
  • Strong analytical and problem-solving skills
  • Excellent communication and negotiation skills
  • Ability to work independently and as part of a team
  • Proficiency in Microsoft Office and procurement software
  • Knowledge of procurement regulations and compliance standards
  • Expected Travel less than 10%


Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.

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Nearest Major Market: Cleveland
Job Segment: Welding, Fabrication, Manufacturing