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Sourcing Specialist
1 week ago
Required Skills and Experience *
- Masters Degree with minimum of 5 years of experience, or a Bachelors Degree with a minimum of 7 years of experience.
- Experience with ERP software and proficient with MS Office Suite (Word, PowerPoint, Excel, Visio)
- Experience with machining and forging suppliers, or the engineering or procurement of forged and machined products.
Nice to Have Skills and Experience
- Masters Degree in Business, Engineering, Supply Chain or other related field.
- Supply Chain Certification from a professional institution (i.e. APICS, IIPMR, ISCEA, ISM, etc.)
- Understanding and demonstration of 6-Sigma and Lean Manufacturing principles.
- 6-Sigma Blackbelt Certification
Job Description *
A client of Insight Global is hiring for a Sourcing Specialist to join their team. The successful candidate will be responsible for executing the sourcing activities assuring reliable primary and alternate sources of worldwide supply for the Forging and Machining Value Stream. Sourcing strategies and execution must drive performance excellence for cost, quality, velocity and supply resiliency objectives. Responsibilities for this role include monitoring and assessing our client's current supply base and identifying new potential suppliers for qualification. The Sourcing Specialist will lead the supplier evaluation, selection and qualification processes. This individual will also leverage their expertise to optimize the forging and machining supply base to support growth initiatives, mitigate risk, and implement business continuation plans.
Other Responsibilities Include:
- Sourcing Execution & Management Responsible for sourcing strategy and solutions for assigned commodities in the Forging and Machining value stream. The successful candidate will be responsible for the execution of supplier discovery, evaluation, selection, onboarding and qualification. Monitors the capabilities and capacity of the current and potential supply base.
- Supplier Management Provides guidance for managing and building new and existing supplier relationships. Implements innovative supplier performance and development processes.
- Supply Chain Management - Monitors business, market, supplier and industry trends to execute risk mitigation strategies from financial, operational, and compliance perspectives while also avoiding supply chain disruption. Coaches advanced Supply Chain concepts on performing complex analyses to develop value-added strategies.
- Contract Management Defines the types of agreements and leads discussions for complex and potentially high value agreements used by procurement. Implements innovative and best-in-class initiatives to continuously improve contract performance and compliance that drive a strategic competitive advantage.
- Negotiation - Provides guidance on strategy, builds support and resolves issues for complex negotiations.
- Cost Management - Develops global cost strategies for assessing demand, leveraging material availability and anticipating market trends, opportunities, and risks. Identifies innovative solutions to reduce Total Cost of Ownership
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