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Strategic Sourcing Specialist
2 months ago
Are you a strategic professional with expertise in procurement and negotiation? Join Coats as a Strategic Sourcing Specialist, where you will play a vital role in the acquisition and management of materials essential for our operations. We provide competitive relocation support, outstanding benefits, and a collaborative work environment. This is an opportunity to contribute significantly while progressing your career with us This position offers a hybrid work model.
Why Choose Coats?
- Attractive Compensation Packages
- Relocation Support
- Comprehensive Health & Wellness Benefits:
- Health Insurance Options
- Wellness Program Memberships
- Tax-Advantaged Savings Accounts
- Retirement Savings Plans
- Legal Insurance Options
- Opportunities for Career Growth & Supportive Culture
- Work-Life Balance:
- Hybrid Work Flexibility
- Generous Paid Time Off
Key Responsibilities:
- Formulating and executing procurement strategies to enhance cost efficiency, quality, and timely delivery of indirect materials.
- Identifying and assessing potential suppliers, conducting evaluations, and negotiating contracts to secure cost-effective and favorable terms.
- Collaborating with internal teams to understand their needs and provide procurement guidance and support.
- Maintaining and nurturing relationships with current suppliers, monitoring their performance, and addressing any issues promptly.
- Analyzing market trends, industry changes, and supplier capabilities to uncover opportunities for improvement and innovation.
- Ensuring adherence to company policies, procedures, and regulatory standards throughout the procurement cycle.
- Utilizing procurement systems to monitor purchases, manage budgets, and produce reports on procurement activities and outcomes.
- Engaging in cross-departmental teams and initiatives to support organizational objectives.
- Keeping updated on best practices in procurement, supply chain management, and industry trends to continuously enhance procurement processes.
Qualifications and Skills:
- Education: Bachelor's degree in Business Administration, Supply Chain Management, or a related field (preferred but not mandatory).
- Experience: At least 7 years in procurement, particularly in indirect materials within a manufacturing context.
- Skills:
- Exceptional negotiation and supplier management abilities.
- Strong analytical and problem-solving skills.
- Proficiency in procurement software and Microsoft Office Suite.
- Excellent communication and interpersonal skills.
- Ability to work autonomously, prioritize tasks, and manage multiple projects effectively.
- Understanding of procurement best practices, contract management, and market dynamics.
- Certifications: Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) are advantageous.
We are not accepting candidates or submissions from staffing agencies or third-party recruiters. This hiring process is managed internally, and we will only consider applications received directly from candidates.
Company OverviewThe COATS Company is a premier global manufacturer of wheel service, alignment, and inspection equipment. COATS designs, produces, and supplies equipment, accessories, and consumables for the automotive sector. Our products are crafted with a focus on quality, durability, and usability. To support our clients and their COATS equipment, we have a dedicated team of skilled technicians across the United States. We take pride in our Nashville, Tennessee roots while providing equipment to customers worldwide. Leveraging decades of expertise, market insight, and innovative engineering, COATS ensures that repair shops, tire dealers, large retailers, and car dealerships are well-equipped to adapt to rapid industry changes.