Sourcing Specialist

Spectrum Brands•Earth City, WI

1d•Hybrid

About The Position

The Sourcing Specialist supports business objectives by managing supplier relationships, sourcing goods and services, and identifying opportunities for cost savings and innovation. This role partners cross-functionally with Engineering, Planning, Marketing, Quality, and Customer Service to ensure supplier performance aligns with organizational needs. Key responsibilities include supporting new product development, driving cost improvement initiatives, and enhancing existing products. The Sourcing Specialist uses data analysis, market insights, and supplier collaboration to develop and execute effective sourcing strategies.

Requirements

Bachelor’s degree in Business, Supply Chain, or related field required (or Associate’s degree with 5+ years of relevant experience)
2+ years of experience in sourcing, procurement, or supply chain
Experience working with ERP systems (e.g., SAP) preferred
Strong analytical and problem-solving skills
Detail-oriented with a high degree of accuracy in data management
Effective written and verbal communication skills
Ability to collaborate effectively in cross-functional team environments
Process improvement mindset with a focus on continuous improvement
Strong organizational and prioritization skills
Proficiency in ERP systems and Microsoft Office (Excel, PowerPoint, Word)

Responsibilities

Manage and develop supplier relationships to drive performance, quality, and innovation
Oversee category spend exceeding $15M and identify cost optimization opportunities
Lead supplier selection processes, contract negotiations, and pricing strategies
Support new product development by ensuring supplier readiness and adherence to timelines
Identify, evaluate, and onboard new suppliers to enhance capabilities and competitiveness
Deliver annual cost savings targets (e.g., ≥3% year-over-year reduction)
Maintain supplier and pricing data within ERP systems (e.g., SAP)
Process price updates, new item setup, source list management, and supplier master data
Partner with Accounts Payable and suppliers to resolve invoice discrepancies
Coordinate payments and support working capital objectives, including payment term improvements
Track and manage contract renewals and expiration timelines
Collaborate with Quality to address supplier non-conformance and performance issues
Support sourcing events, including RFQs and RFIs
Partner with Planning to ensure supply continuity and production requirements are met
Maintain sourcing documentation, reporting, and internal systems (e.g., SharePoint, supplier databases)
Prepare reports, analyses, and presentations for leadership review
Perform other duties as assigned