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Strategic Sourcing Specialist
3 months ago
ESSENTIAL DUTIES AND RESPONSIBILITES: Commodity expert i.e. product, industry, suppliers, regulatory, etc. Maintain commodity or product line knowledge of current industry conditions including: Pricing information and trends Vendor information Regulatory requirements Manage vendor relationships, including: Selection and performance Develop, implement and maintain vendor managed inventory programs. Develop, implement and maintain a vendor performance and relationship management program. Analyze vendor quality trends and initiate corrective actions as determined. Negotiate terms, pricing and delivery/service conditions with vendors. Partner with material buyer/planners, shared service and manufacturing associates as required to accomplish: Research products. Clarify specifications. Document competitive bidding. Coordinate and evaluate engineering changes regarding new products and modification to existing products to guarantee that all outside purchased items meet necessary specifications. Analyze and manage the purchase order life cycle and initiate process improvement projects as required. Initiate and lead system enhancement projects. Make cost reduction recommendations. Perform other duties as assigned. REQUIRED KNOWLEDGE, SKILLS AND ABILITIES: Basic computer knowledge, legal aspects of purchasing. Ability to communicate effectively with sales representatives and other personnel by phone, in person, or through written communication. Work under pressure in a detailed and organized manner. Assimilate information to make decisive decisions. Able to work in a team environment. Able to work with minimal supervision. Strong business acumen. EDUCATION AND EXPERIENCE: Must be classified as a commodity (or product line) expert. Three to five years as a buyer or any combination of experience, education, or training that would provide the level of knowledge, skill, and ability required. Multi-lingual preferred. #J-18808-Ljbffr