Sourcing Specialist

Pharmatech•Lindon, UT

1d•Onsite

About The Position

The Sourcing Specialist plays a crucial role in identifying, evaluating, and negotiating with suppliers for our nutraceutical manufacturing facility. The ideal candidate will be responsible for finding suppliers for raw materials and packaging and to ensure that the sourcing strategy aligns with the company's goals. The role requires an in-depth knowledge of the nutraceutical industry, and the ability to implement innovative ideas to enhance sourcing strategies.

Requirements

APICS Certification preferred.
Bachelor’s degree required in Supply Chain or Business-related discipline.
At least 7-10 years of experience in sourcing and/or procurement, preferably in a food manufacturing environment.
Vendor management skills are essential.
Strong knowledge of inventory management.
Proficiency in enterprise resource planning (ERP) systems, and Microsoft Office Suite.
Excellent analytical and problem-solving abilities, with a focus on data-driven decision-making and continuous improvement.
Effective communication and negotiation skills, with the ability to interact with vendors, suppliers, and internal stakeholders.
Detail-oriented with strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
Familiarity with food safety regulations, GMP (Good Manufacturing Practices), and HACCP principles.
Ability to work independently with minimal supervision and as part of a team to achieve procurement objectives and company goals.

Nice To Haves

Strategic Thinking: Ability to develop long-term sourcing strategies that align with company goals and market trends.
Global Sourcing Experience: Experience in sourcing from international suppliers and navigating global supply chain challenges.
Project Management Skills: Proven ability to manage multiple projects and initiatives simultaneously.
Sustainability Practices: Knowledge of sustainable sourcing practices and the ability to implement eco-friendly solutions.
Advanced Negotiation Techniques: Expertise in advanced negotiation techniques to secure the best terms and value for the company.
Market Analysis Skills: Strong market analysis skills to identify trends, opportunities, and risks in the nutraceutical industry.
Technology Adoption: Ability to leverage new technologies and tools to enhance sourcing efficiency and effectiveness.

Responsibilities

Identifying suppliers: Find strategic suppliers for raw materials and packaging components that deliver value to the company and our customers.
Evaluating and monitoring suppliers: Assess suppliers' quality, price, and risk in collaboration with internal and external teams.
Negotiating contracts: Negotiate contracts and terms with suppliers that strengthen relationships and increase value for our customers.
Coordinate disputes: Resolve any issues or disputes with suppliers in collaboration with key internal stakeholders.
Collaborating with other departments: Work with other departments, such as finance, procurement, engineering, R&D, and quality assurance.