Commodity Sourcing Expert

6 days ago

Fort Atkinson, Wisconsin, United States Aston Carter Full time
Job Description

Job Title: Sourcing Specialist

Job Summary:

Aston Carter is seeking a highly skilled Sourcing Specialist to join our team. As a key member of our procurement team, you will be responsible for negotiating optimal price, quality, and service with suppliers, while ensuring compliance with company policies and procedures.

Key Responsibilities:

  • Research and identify potential suppliers to negotiate optimal price, quality, and service
  • Develop and implement tools, processes, and infrastructures to achieve best practices and lowest global cost sources
  • Prepare Requests for Information (RFI) and Requests for Quote (RFQ) and analyze supplier responses and quotes
  • Lead or facilitate supplier selection, negotiations, and contract blanket orders
  • Track commodity spending and monitor process compliance to document savings and process improvements
  • Communicate progress, barriers, risks, and benefits to management levels
  • Ensure detailed documentation is developed, approved, and retained on implementation of continuous improvement initiatives and process improvements by suppliers
  • Manage the tracking of market trends such as cost drivers, levers, and competitive situations
  • Develop methods to systematically gather and report metrics on vendor performance using vendor scorecards and monitoring supplier continuous improvement objectives
  • Develop hedging strategies to protect the company from the impacts associated with negative market movements
  • Serve as an expert on the characteristics, capabilities, and applicability of specialized and highly technical items being procured
  • Develop economic projections on key products/commodities and services affecting our business
  • Establish/locate substitutes for emergency situations and second sources for production continuity and outsourcing capabilities
  • Provide oral and written interpretation of policies and procedures, rules and regulations, revised statutes and internal guidelines to personnel and suppliers
  • Investigate complaints on behalf of both Manufacturing personnel and suppliers; appraise the situations objectively and issue recommendations for solution or take corrective action
  • Confer with and resolve problems that may arise among suppliers and departmental personnel requiring technical assistance to ensure compliance of all terms and conditions of the agreement or purchase order
  • Implement cost reduction and supplier analysis program to insure full use and benefit of Supply Chain Management philosophy
  • Perform supplier site visits and audits as required
  • Take initiative to stay abreast of product information, internal processes, and professional development, as required to fulfill duties and responsibilities

Requirements:

  • 3 or more years experience in contract negotiation
  • 3-5 years sourcing/purchasing experience
  • Bachelor's degree in Supply Chain or equivalent experience
  • APICS certification

Work Environment:

Hybrid, 2-3 days onsite

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