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Senior Sourcing Specialist

$105.4k - $130.2k

STERIS

Position Summary

The Senior Sourcing Specialist is responsible for driving supply chain cost effectiveness and performance improvement with our suppliers, while minimizing supplier risk across all STERIS for assigned spend categories. Your core focus will be on proactively identifying leverage opportunities, and drive supplier actions that deliver enhanced value to diverse stakeholders across STERIS. The successful candidate will develop key strategic relationships with suppliers to support global sourcing, manufacturing, and new product development strategies. The successful candidate will have a close working relationship and collaboration with the global strategic sourcing, manufacturing, quality, operational procurement and business unit operation leaders in strategy formulation, supplier selection, and supplier management.

The successful candidate will also utilize tools and processes to gather cross functional alignment from key stakeholders and lead continuous improvement initiatives. Responsibilities will include monitoring key market movements, identifying potential challenges or risks, and resolving issues with suppliers for multiple sites across STERIS.

This is a hybrid role with the requirement of working onsite at our Vernon Hills, IL location 3 days/week. Up to 20% domestic and 10% international travel required. This role is not eligible for Visa Sponsorship or H1B Transfer.

What You'll do as a Senior Sourcing Specialist

  • Create and deploy sourcing strategies and communicate them effectively across the plants establishing cross functional alignment.
  • Support the strategic initiatives through the entire life cycle of the projects from spend analysis, implementation up to new supplier onboarding.
  • Provide proactive leadership and management with cross-functional partners to effectively select suppliers, negotiate favorable contract and payment terms, and manage supplier performance and relationships.
  • Provide direction and vision for sourcing initiatives, and apply Lean Product Development principles and manufacturing experience to achieve New Product Development goals.
  • Coordinate the development of purchase, quality inspection, part qualification and delivery processes for commodities within the New Product Development process.
  • Develop and maintain expertise in the supply base's contemporary technology that can be utilized to upgrade existing products and be designed into new products. Participate in New Product Development projects as a Core Team member, representing Global Operations (Manufacturing and Sourcing) and be responsible for the integration of new designs and technologies with our manufacturing processes, as well as identifying sources for components (manufactured and purchased).
  • Develop effective short and long term category strategies to include supply chain continuity, risk management, optimizing supplier network and attaining best cost. Lead the identification of key supplier/ partners to strategically source. Work with cross-functional team to align key strategic suppliers and capabilities with new product development needs. Lead and manage supplier relationships through development and tracking of Key Metrics and establish collaborative environment to optimize supplier performance and innovation.
  • Lead / Champion cross-STERIS sourcing effectiveness to achieve year-over-year improvement in total quality, surety of supply, cost of ownership, and service. Perform cost analysis and utilize financial acumen to identify opportunities to leverage scale or other opportunities to drive cost savings.
  • Develop dual / multiple sourcing for assigned category based items at the lowest total acquisition cost and lead cross-functional teams to achieve identified dual sourcing targets.
  • Conduct negotiations and issue contracts/agreements in accordance with all applicable laws and regulations within the appropriate guidelines. Negotiate, structure, and secure agreements with selected suppliers. Support the necessary supplier audits including commercial, financial, and technical to ensure that STERIS maintains and continues to develop a robust and capable supply base.
  • Work cross functionally with Quality and Purchasing partners to improve Quality, Delivery and cost performance for assigned categorie.
  • Increase knowledge in lean manufacturing concepts and apply lean replenishment techniques as well as general continuous improvement opportunities to improve supplier performance in targeted areas.
  • Carry out duties in an ethical, legal and professional manner that contributes to both our internal and external Customers' satisfaction.
The Experience, Skills, and Abilities Needed

Required
  • Bachelor's Degree.
  • Six (6) to eight (8) years of experience working in strategic sourcing, manufacturing and/or industrial environment.
  • Experience in all aspects of end-to-end Supply Chain including contract negotiations, commodity-based materials management, project management and commercial analytics. Strong negotiation skills are required.
  • Excellent knowledge in office applications like Excel, Word, PowerPoint, and project management tools.
Preferred
  • MBA, preferred.
  • ISM or ASCM, preferred.
  • Regulated business environment experience, preferred.
  • A broad knowledge of multiple direct materials commodities, preferred.
  • First-line supervisory experience in a lean manufacturing environment, preferred.
Other
  • Excellent communication, problem solving, project management, organizational and negotiation skills.
  • Responds with a sense of urgency to meeting and supporting the needs of each and every Customer, providing innovative and comprehensive solutions. Effectively negotiates, influences and collaborates with others. Seeks a creative, win/win solution.
  • Builds constructive and effective relationships cross-functionally; effectively manages through conflict while maintaining relationships.
  • Effectively handles change, ambiguity and changing priorities staying focused on achieving the key priorities for the business.
  • Effectively manages projects, assessing time, resources, investment, etc. ensuring deadlines and objectives achieved.
  • Keeps current on the industry, the "Customer," market and other external factors impacting the role and/or business and benchmarks for improvement of processes and applications.
  • Identifies the strategic issues and translates them into practical ideas and programs.
  • Anticipates future consequences and trends accurately and effectively manages complexity and change.
What STERIS Offers

We value our employees and are committed to providing a comprehensive benefits package that support your health, well-being, and financial future.

Here is just a brief overview of what we offer:
  • Market Competitive Pay.
  • Extensive Paid Time Off (PTO) and 9 added Holidays.
  • Excellent Healthcare, Dental and vision benefits.
  • Long/Short Term Disability coverage.
  • 401(k) with a company match.
  • Maternity & Paternity Leave.
  • Additional add-on benefits/discounts for programs such as Pet Insurance.
  • Tuition Reimbursement and continued educations programs.
  • Excellent opportunities for advancement in a stable long-term career.

STERIS does not accept unsolicited resumes/CV's from individual recruiters or third-party recruiting agencies in response to job postings.


#LI-BB1

Pay range for this opportunity is $105,400.00 - $130,200.00. This position is eligible for bonus participation.

Minimum pay rates offered will comply with county/city minimums, if higher than range listed. Pay rates are based on a number of factors, including but not limited to local labor market costs, years of relevant experience, education, professional certifications, foreign language fluency, etc.

STERIS offers a comprehensive and competitive benefits portfolio. Click here for a complete list of benefits: STERIS Benefits

Open until position is filled.

STERIS is an Equal Opportunity Employer. We are committed to equal employment opportunity to ensure that persons are recruited, hired, trained, transferred and promoted in all job groups regardless of race, color, religion, age, disability, national origin, citizenship status, military or veteran status, sex (including pregnancy, childbirth and related medical conditions), sexual orientation, gender identity, genetic information, and any other category protected by federal, state or local law. We are not only committed to this policy by our status as a federal government contractor, but also we are strongly bound by the principle of equal employment opportunity.
Vacancy posted 23 days ago
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