Strategic Sourcing Specialist
6 days ago
We are seeking a highly skilled and experienced Strategic Buyer to join our team. As a Strategic Buyer, you will play a key role in the procurement and sourcing activities of our organization.
Key Responsibilities- Develop and implement strategic commodity plans aligned with our organization's goals and objectives.
- Conduct market analysis to identify potential suppliers, assess their capabilities, and evaluate market trends.
- Cultivate and maintain strong relationships with key suppliers to ensure a reliable and cost-effective supply chain.
- Lead negotiations with suppliers to secure favorable terms, pricing, and contractual agreements.
- Draft, review, and manage contracts to ensure compliance with legal and business requirements.
- Ensure compliance with relevant laws, regulations, and company policies in all procurement activities.
- Bachelor's degree in Business, Supply Chain Management, or a related field.
- Advanced degree or relevant certifications (e.g., CSCP, CPSM) is a plus.
- Proven experience in strategic sourcing, procurement, and supplier relationship management.
- Strong negotiation skills with a track record of achieving cost savings and value creation.
- Knowledge of relevant industry trends, market conditions, and supply chain best practices.
- Experience with ERPs (Infor/Baan a plus)
- Experience with creating, monitoring and improving Supplier Risk mitigation plans.
- Ability to lead and drive cross functional Commodity Strategy initiatives.
- Build strong relationships with internal Engineering, Product Management to support development of Commodity Strategies.
- Strong Business Acumen.
- Ability to travel to Suppliers as needed.
- Technical - Ability to read and understand specifications, Bills of Materials and blue prints.
- 5 years of experience in a Manufacturing setting.
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