
Sourcing Professional
5 days ago
Job Summary:
We are seeking a Sourcing Professional to fill a key role in our organization.
- Identify and qualify capable suppliers for sourcing parts and product(s)
- Manage supplier relationships to ensure exceptional lead-time, cost, and quality delivery
- Negotiate contracts to serve the company's purpose and reduce contract liability
- Optimize costs and maintain strong relationships with suppliers
Responsibilities:
- Selects suppliers through our procurement process and ensures timely delivery of high-quality materials
- Leverages material sourcing and qualification schedule to provide regular status updates to stakeholders
Negotiation and Contract Management:
- Dives into contract/quotation negotiations with local suppliers to meet target prices
- Reviews and drafts contract terms and conditions
- Ensures proper contract execution and management
Spend Analysis and Cost Optimization:
- Analyzes quotation summaries for informed decision-making and initiates meetings for alignment
- Identifies areas for cost reduction and improvement opportunities
- Validates and benchmarks cost increases from suppliers and seeks approval
- Drives cost savings initiatives to generate value for the organization
- Streamlines product sourcing from raw materials to finished goods
Supplier Relationship and Performance Management:
- Maintains strong relationships with suppliers and ensures ongoing communication
- Conducts business reviews to highlight performance and drive improvements
- Leads SCOC ratings and highlights supply chain risks
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