Strategic Sourcing Expert
4 weeks ago
Rix Industries is a technology-driven company specializing in gas generation systems, precision compressor solutions, and cryogenic cooling technologies for critical applications in various markets.
The Senior Strategic Sourcing Specialist plays a pivotal role in the Supply Chain Department, supporting stakeholders in supplier selection, contract negotiation, and vendor management.
Key Responsibilities- Develop and lead short-term and long-range sourcing planning activities to drive strategic sourcing initiatives.
- Build strong relationships with internal and external stakeholders to facilitate change and drive strategic sourcing initiatives.
- Identify and evaluate potential suppliers to ensure continuity of supply and risk mitigation.
- Develop and implement supplier scorecards to monitor and evaluate supplier performance.
- Negotiate commercial terms and conditions of supplier contracts to ensure compliance with company policies.
- Conduct market research to understand industry trends and supplier capabilities.
- Develop and distribute RFIs, RFPs, and RFQs to ensure effective supplier engagement.
- Manage supplier contracts, including MSAs, LTAs, and other agreements.
- Ensure compliance with supplier contractual terms and conditions in conjunction with the compliance team.
- Develop cost models and use industry cost indices to negotiate pricing and analyze costs to implement and track cost savings.
- Drive opportunities for process improvement and increased efficiency in sourcing and procurement.
- Stay updated on industry trends and emerging technologies to ensure the company remains competitive.
- Bachelor's degree in business, supply chain, operations, or a related field, or an equivalent level of direct industry experience.
- At least ten years of experience in purchasing, strategic sourcing, or a related field.
- Five years of relevant manufacturing experience.
- Advanced proficiency in Microsoft Office Suite, particularly advanced Excel skills.
- Comprehensive knowledge of legal terminology and language related to supplier and/or vendor agreements and contracts.
- Strong analytical and problem-solving skills, with the ability to draw and communicate insights from quantitative and qualitative data.
- Excellent presentation and communication skills, both oral and written.
- Advanced negotiation skills for handling complex supplier contracts and cost agreements.
- Proven ability to manage high-visibility and complex projects with minimal oversight.
- Ability to build and maintain strong supplier relationships.
- Collaborative mindset to work effectively with cross-functional teams.
Rix Industries is an equal opportunity employer committed to a diverse and inclusive work environment.
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