Sourcing Specialist Job Description Template
Our company is looking for a Sourcing Specialist to join our team.
Responsibilities:
- Performance & risk management of site suppliers;
- Work closely with cross-functional teams to develop, manage, and execute on category plan initiatives;
- Participate in events for sourcing savings initiative development (e.g. Sourcing Kaizen, VA/VE tear down analysis, Supplier Innovation events, etc.);
- Identify, develop, manage and complete local site sourcing projects;
- Oversee competitive bid events and negotiate business terms;
- Provide quantifiable cost and/or process efficiencies leveraging established sourcing methodology;
- Monitor & log sourcing savings performance for completed projects in Sourcing Savings Tracker;
- Supply Chain Support of New Product Development and localization projects;
- Project Funnel and project management of sourcing projects by execution and development of toll gate processes;
- Manage profitability and performance of existing products and services;
- Work Environment- Most work is done in an office environment with occasional trips to the shop floor and suppliers’ sites;
- Continuous improvement of supplier Quality and Delivery performance through supplier performance monitoring and development;
- Manage marketing and sales programs with key vendors and suppliers;
- Relationship Responsibilities- Interacts with outside vendors;
- Participate in overall product strategy, research and development requirements.
Requirements:
- Bachelor’s degree with four years of IT sourcing/procurement experience OR a high school diploma/GED with 8 years of experience;
- Experience with RFQ implementation and execution;
- Lean Six Sigma Certified;
- An excellent team player, including the ability to effectively collaborate with key stakeholders and partners within a cross functional environment;
- Excellent communication skills – logical and organized;
- Good communication skills across functions and countries;
- Strong knowledge of contractual terms & conditions;
- Flexibility and the ability to work independently;
- Relationship Responsibilities- Interacts with outside vendors;
- Team player, self-driven, takes initiative;
- Communicative, creative problem solving;
- Ability to multitask and work under pressure;
- Strong knowledge of purchasing, materials management and LEAN principles;
- Work with a great team in a fast-paced, collaborative environment — just a couple of reasons we have a high number of long-tenured employees;
- In-depth knowledge of strategic sourcing and supplier management.