Product Sourcing Specialist

17 hours ago

Reston, Virginia, United States Hyve Solutions Full time
Job Title: Product Sourcing Specialist

Hyve Solutions is a leading provider of data center solutions, designing, manufacturing, and delivering custom Server, Storage, and Networking Solutions to top Cloud, Social Media, and Enterprise companies. We pride ourselves on collaboration, innovation, and thought leadership, with a diverse team of forward-thinking individuals who challenge the status quo.

We are seeking a detail-oriented, hands-on, results-driven Product Sourcing Specialist with proven communication skills and a strong work ethic to join our team. The successful candidate will work in a fast-paced, dynamic environment with responsibilities including purchasing supplies and services from vendors, planning and scheduling material movement, and determining material requirements for production schedules.

Key Responsibilities:
  • Own vendor relationships and serve as the key point of contact for vendor-related issues.
  • Develop and implement cost reduction strategies, including setting cost targets, negotiating prices, and identifying cost savings opportunities.
  • Partner with the supply chain team to ensure order allocation, continuity in supply, and order flexibility.
  • Manage new supplier qualification processes to improve quality, reduce costs, and enhance service and lead times.
  • Develop and implement a multi-source strategy for key products to ensure business continuity, pricing competitiveness, and operational flexibility.
  • Coordinate with cross-functional teams to ensure products meet all relevant standards and have necessary country certifications.
  • Analyze market conditions, identify trends, and communicate insights to the Hyve teams.
  • Measure vendor performance, evaluate trends, and develop improvement plans.
  • Lead executive quarterly business reviews and product roadmaps with key vendors.
  • Partner with the legal team to drive contract negotiations with vendors.
Qualifications:
  • Bachelor's Degree in Business Administration or related field with a minimum of 12 years of related purchasing experience or equivalent combination of higher education and experience.
  • Excellent business communication skills, including fluent speaking, reading, and writing in English, and strong interpersonal skills.
  • Hands-on and detail-oriented with strong analytical and organizational skills.
  • Demonstrated knowledge and understanding of purchasing duties and production/scheduling processes.
  • Proven vendor management and product knowledge experience.
  • Ability to work in a dynamic, team-oriented, fast-paced environment.
  • Advanced skills with Microsoft Office applications, including pivot tables and v-lookups.
Hyve Perks:

We offer a comprehensive benefits package, including medical, dental, and vision insurance, 401k, FSA, HSA, paid vacation, holiday, and sick days, employee stock purchase plan, tuition reimbursement, and more.

We are an equal opportunity employer and welcome qualified applicants from diverse backgrounds. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or protected veteran status.

The wage range for this role is $104,500 to $147,500, inclusive of base salary.

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