Strategic Sourcing Specialist
System One Holdings, LLC
System One is working with a local client to find a Sourcing Specialist.
Strategic Sourcing Specialist
What You Will Be Responsible For
- Develop and maintain sourcing strategies that optimize purchasing decisions based on supply and demand while minimizing risk and cost
- Purchase and negotiate materials, equipment, and supplies with vendors
- Evaluate vendor quotes and services to identify the most advantageous suppliers
- Negotiate pricing, service levels, and payment terms with suppliers
- Manage supplier relationships, including:
- Forecasting demand
- Monitoring quality and delivery performance
- Addressing supplier issues
- Tracking internal demand and material usage to optimize purchasing
- Coordinate requirements with engineering and sales teams
- Prepare Requests for Quotation (RFQs) to secure competitive bids from approved suppliers
- Engage suppliers strategically to build strong partnerships
- Manage and support operating cash flow objectives
- Utilize contract terms to recover supplier-related costs when applicable
- Resolve conflicts and provide coaching when needed
- Drive and implement process improvements
- Effectively organize and manage multiple priorities
- Associate's degree preferred, or equivalent from a two-year college or technical school
- OR 5-7 years of related experience and/or training
- OR an equivalent combination of education and relevant industry experience
- Strong business and personal ethics
- Self-motivated team player with a proactive mindset
- Excellent negotiation, communication, and organizational skills
- Ability to manage change and handle competing priorities
Vacancy posted 10 hours ago
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