We are seeking an experienced Strategic Sourcing Specialist to keeping up to date with market trends, such as new products, suppliers etc., and using this information to make informed sourcing decisions in the United States and Canada.
This individual must be extremely organized with attention to detail, hardworking, and dedicated to providing the highest level of quality and timeliness in the industry. We are seeking a person who is highly professional, and who can work individually, as well as in a multi-functional team.
Candidate must demonstrate the following to be considered:
- Establish, analyze and optimize the business’s procurement strategy ensuring alignment with business goals.
- Manage vendor selection: Lead initial market research and vendor profiles to aid supplier selection. Manage proposal evaluation and final vendor selection.
- Build ongoing vendor relationships: Use vendor management best practices throughout negotiation, contracting, onboarding and renewal. Conduct regular vendor performance evaluation and supplier risk assessments.
- Collaborating with other departments: Sourcing specialists often work closely with other departments, such as procurement, production, engineering and logistics to ensure that the organization’s supply chain runs smoothly and has the resources and materials it needs to operate effectively.
- Identifying cost savings opportunities: Sourcing specialists are responsible for identifying cost savings opportunities, such as negotiating better prices or finding alternative suppliers.
- Keeping up to date with market trends: Sourcing specialists are responsible for keeping up to date with market trends, such as new products, technologies, and suppliers, and using this information to make informed sourcing decisions.
Competencies:
- Contracting and negotiation
- Risk management
- Strategic sourcing software experience
- Business ethics and transparency
- Forecasting and planning
- Category management
- Project management
- Data analysis
- ROI evaluations
- Relationship and Conflict Management
- Adaptability
- Strategic Thinking and Creative Problem Solving
- Relationship and conflict management
Required Education and Experience
- Bachelor's degree in relevant fields
- Minimum 1 years' experience in sourcing or procurement