sourcing specialist

1 week ago

LapuLapu City P, Philippines Eighty-Eight Floor Gifts, Inc. Full time ₱300,000 - ₱600,000 per year

SOURCING SPECIALIST

The Sourcing Specialist is responsible for identifying, evaluating, and managing suppliers (local and international) to ensure the company has access to cost-effective, high-quality, and reliable materials, products, and services. This role focuses on strategic procurement, supplier relationship management, and continuous cost optimization to support the organization's supply chain and business objectives.

Key Responsibilities

Supplier Management & Development

  • Identify, research, and qualify new suppliers locally and globally.
  • Negotiate pricing, contracts, terms, and conditions with vendors.
  • Evaluate supplier performance based on cost, quality, delivery, and compliance.
  • Develop and maintain long-term partnerships with key suppliers.

Procurement & Sourcing

  • Conduct market research to identify sourcing opportunities and trends.
  • Prepare and analyze RFQs/RFPs (Request for Quotation/Proposal) from vendors.
  • Ensure procurement activities comply with company policies and legal regulations.
  • Optimize sourcing strategies to reduce costs without compromising quality.

Cost & Risk Management

  • Monitor and manage supplier risks including delivery delays, price volatility, and compliance risks.
  • Analyze total cost of ownership (TCO) and develop cost-saving initiatives.
  • Benchmark suppliers to ensure competitive pricing and quality standards.

Cross-Functional Collaboration

  • Work closely with operations, production, logistics, and finance teams to align sourcing with business needs.
  • Support new product development by sourcing raw materials and components.
  • Assist in resolving supplier-related issues in collaboration with quality and logistics teams.

Qualifications & Skills

Education & Experience

  • Bachelor's degree in Supply Chain Management, Business Administration, Procurement, or related field.
  • 2–5 years of experience in procurement, sourcing, or supply chain (international sourcing preferred).

Skills

  • Strong negotiation and contract management skills.
  • Excellent communication and relationship management abilities.
  • Knowledge of procurement systems (e.g., SAP, Oracle, Coupa) is an advantage.
  • Analytical skills with the ability to assess supplier capabilities and risks.
  • Understanding of global trade, import/export regulations, and logistics.

Key Performance Indicators (KPIs)

  • Cost savings achieved through sourcing initiatives.
  • Supplier on-time delivery performance.
  • Supplier quality performance (defect/rejection rates).
  • Number of new qualified suppliers developed.
  • Contract compliance rate.

Job Type: Full-time

Work Location: In person

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