Strategic Sourcing Specialist
MIRATECH Corporation
Strategic Sourcing Specialist
MIRATECH, a global leader in emission and silencing solutions, is currently seeking a Strategic Sourcing Specialist.
Specific Duties and Responsibilities:
- Supplier Diversification
- Strategize, identify, qualify, and develop alternate sources of supply
- Establish three sources of supply for every part
- Ensure no single source supply relationships exist
- Pricing
- Develop and execute sourcing strategies
- Deliver documented and quantifiable cost savings through negotiation, alternate sourcing, improved terms, reduced transportation costs, and total cost of ownership improvements
- Establish benchmark for material pricing
- Assist in maintaining item master pricing integrity within the ERP system
- New Product Development
- Collaborate with product development and engineering to source new materials
- Lead and prepare bid events and bid summaries
- Supplier Relationship Management and Performance Tracking
- Maintain supplier relationships and monitor supplier performance with key performance indicators, scorecards, annual reviews, and supplier corrective actions.
- Contracts
- Develop and maintain supplier contracts, master supply agreements, master purchasing agreements as needed.
- Manage contract lifecycle, renegotiation, and renewals
- Analyze purchasing, pricing, and inventory data to identify cost reduction and supply chain efficiency opportunities.
- Participate in continuous improvement, risk mitigation, reverse logistics, and sustainability initiatives.
Qualifications:
- Bachelor's degree in business, supply chain management, operations, or a related field or equivalent combination of education and relevant purchasing/procurement experience.
- Five (5) or more years of relevant experience in sourcing, procurement, or supplier management in a manufacturing environment.
- Demonstrated experience achieving cost reductions or cost avoidance.
- Strong working knowledge of ERP systems and MRP-driven purchasing processes.
- Experience collecting, analyzing, and interpreting purchasing and inventory data.
- Ability to travel up to 20% as required for supplier visits
- Advanced skills in Microsoft Excel, Word, PowerPoint.
- Ability to read and interpret fabrication drawings and technical specifications.
- Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment.
- Effective written and verbal communication skills and ability to work across cross-functional teams.
- High attention to detail, strong problem-solving skills, and ability to perform under pressure.
- APICS/ASCM, CSCMP, or ISM certification is preferred
- Experience with SYSPRO ERP preferred
- Experience purchasing engineered, fabricated, or made-to-order products preferred
Benefits:
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Equal Opportunity: MIRATECH is an equal opportunity employer and supports a diverse and inclusive workforce. All employment practices are based on qualification and merit, without regards to race, color, national origin, ancestry, religion, age, sex, gender identity, sexual orientation or preference, marital status or spousal affiliation, physical or mental disability, medical conditions, pregnancy, status as a protected veteran, genetic information, or citizenship within the limits imposed by federal laws and regulations.
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