Strategic Sourcing Specialist
Libbey
Strategic Sourcing Specialist
At Libbey, we are MAKERS. No matter what you do at Libbey, you contribute to the making of the finest glass and tabletop products in the world. At Libbey, your valuable impact makes a difference and together we live our legacy while shaping our future to win as one!
LIBBEY: For Makers, By Makers. Since 1818!
The Strategic Sourcing Specialist will execute tactical sourcing strategies for assigned categories, ensuring cost optimization, supplier performance, and compliance. The scope of this role will include strategic sourcing activities, supplier management, compliance & risk management, market intelligence monitoring and strong cross-functional partnership.
Responsibilities
- Analyze data and market dynamic for assigned product categories
- Execute category sourcing plans including timelines aligning with KPI targets
- Manage supplier matrix; ensures cost optimization and supply chain diversification per category strategy
- Collaborate with NPD to achieve target costs and launch timelines
- Support CPQ opportunities through RFQ activities
- Research and collaborate with Quality on potential new suppliers
- Actively manage suppliers' performance through scorecards KPIs and continuous improvement programs.
- Participate in QBR for assigned key suppliers
- Execute contingency plans and dual sourcing strategies to mitigate supply risks.
- Collaborate with QC to ensure adherence to internal policies, industry standards, and regulatory requirements.
- Monitor geopolitical, regulatory, and economic factors impacting supply chains and form recommendations to optimize results
- Partner with internal teams to support organizational goals and KPI targets
Requirements & Qualifications
- College's degree with preferred major in Supply Chain, International Business, Engineering or related fields.
- Minimum 5+ years in a global sourcing or procurement role
- Direct or related industry experience preferred
- Foreign language skills a plus
- Excellent communication skills, both written and verbal. Able to communicate and present information clearly and succinctly.
- Ability to negotiate effectively. Deal effectively with all races, nationalities, cultures in a professional manner.
- Strong interpersonal skills. Willingness to team with others and communicate differing perspectives.
- Capable of working independently and mentor team members/direct reports.
- Demonstrate critical thinking - analyze, evaluate, and form judgment
- Strong problem solving and analysis skills. Critical thinking skills to solve difficult problems with effective solutions.
- Can orchestrate multiple activities at once to accomplish goals. Detail-oriented and consistent follow-through required.
- Always uphold and act according to the Libbey values and conduct business aligned with our code of business conduct.
- Ability to work flexible hours from home at night is appropriate to conduct business with counterparts in different time zones.
- Up to 20% of travel is required, some will be international
Competencies For Success
- Take Control : ask for the direction and support you need to attain mastery of your objectives and ownership of your professional development.
- Be Engaged & Committed : lean in to learn, engage, and contribute, resulting in increased performance and personal satisfaction from your work.
- Be Accountable : hold yourself responsible for achieving your goals and successfully executing against the organization's initiatives.
- Continuous Improvement Mindset : Act with curiosity, proactively identifying and implementing changes to enhance work processes and outcomes. Consistently seek opportunities to improve efficiency, quality, and overall effectiveness.
Libbey is an Equal Employment Opportunity ("EEO") Employer. We are committed to an inclusive workplace, free of harassment and discrimination.
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