sourcing specialist

1 day ago

LapuLapu City, Central Visayas, Philippines EIGHTY-EIGHT FLOOR GIFTS, INC. Full time ₱400,000 - ₱800,000 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 delay, 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

* 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 & Expertise

* Bachelor's degree in Supply Chain Management, Business Administration, Procurement

* 2-5 years of experience in procurement, sourcing, or supply chain (international sourcing preferred)

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