Sourcing Specialist

Visium Resources•Imperial, PA

1d•Hybrid

About The Position

The selected Sourcing Specialist (Buyer) will work with US GOV military programs to buy material for products that are for military applications. Buyer receives drawing and sensitive information regarding US Military applications so confidentiality is required and positions are restricted to US citizens or permanent residents. The Sourcing and procurement specialist is responsible to appraise and improve purchasing activities by analyzing spend and supplier base, drive days to pay, price negotiations, purchase order placement, new supplier's qualification and on-time delivery improvement. The professional will manage supplier relationships and ensure compliance to all GE Power Conversion Storage policies and procedures, while achieving the best overall value. The position requires understanding of concepts, methods, and procedures to enable sourcing and procurement execution.

Requirements

Flexibility to travel up to 10%, supporting both domestic and international business needs
Bachelor's degree from an accredited university or college in business related areas.
Minimum of 2 years' experience in commercial sourcing, procurement, supplier management and contract negotiation or 1 year experience plus MBA / master's degree in relevant field
Experience in purchase order execution
Ability to be proactive and negotiate with vendors/supplies when needed
Fundamental knowledge of sourcing and procurement process

Nice To Haves

Following up and expediting procurement process from purchase to delivery
Solid M/S office skills including excel formulas, v-look up and pivot table knowledge.
Strong verbal and written communication skills as well as presentation and report preparation skills.
Excellent negotiation and analytical skills with the ability to build strong relationships with suppliers and stakeholders.
Ability to execute sourcing and procurement tasks across multiple projects simultaneously.
Ability to assess supplier technical capability, supplier capacity, and develop new suppliers.
Data analysis skills
Knowledge of SAP.

Responsibilities

Drive procurement activities on assigned projects to deliver a competitive advantage within the North American market and apply advanced sourcing and procurement best practices towards operational excellence.
Conduct RFQ's, negotiate pricing and contractual terms.
Issue purchase orders and actively support the full procure to-pay cycle.
Maintain full compliance with all applicable regulations when purchasing for U.S. Government and defense-related programs.
Follow-up PO acknowledgement, delivery status and solve delivery problems and schedule changes. Keep ERP system updated to reflect any change.
Ensure all invoices are received promptly to support accurate processing and cash-flow management.
Facilitate the resolution of AP, logistics and customs issues related to purchase orders.
Improve key performance metrics for NA region such as on-time delivery, savings against budget, year-over-year deflation, payment terms, cost of failure and liquidated damage claims related to suppliers' delays.
Develop reports, analyze spend and apply sourcing and procurement methodologies to identify opportunities for cost-reduction and cash flows improvements.
Resolve contractual and supplier disputes where they occur, protecting the interests of the business and engaging legal Business Partners where required.
Develop a strong relationship with Engineering, Operations, Finance, Project Management, Quality, and other internal and external stakeholders.
Lead and maintain meetings, reviews and communicate about project status.
Effectively collaborate with regional stakeholders and global sourcing members to interpret requirements, define, develop and implement sourcing and procurement strategies to further enhance business performance and outcomes.