Sourcing Specialist

PROPULSION TECHNOLOGIESMiramar, FL
Onsite

About The Position

Sourcing Specialist will be responsible for handling the company’s end to end sourcing operations. Appraise and improve our sourcing activities by analyzing the company’s spending and suppliers.

Requirements

  • Proven work experience as a Sourcing Specialist or Procurement Specialist
  • Familiarity with sourcing and vendor management and relevant software
  • Understanding of market dynamics and sound business judgement
  • Strong project management and leadership skills
  • Ability to negotiate and sustain networking relationships
  • Comfortable with figures and in collecting, analyzing, and interpreting data
  • Solid judgement with ability to make good decisions

Nice To Haves

  • Shop experience preferred

Responsibilities

  • Discover, source, and onboard new vendors or identify alternative suppliers
  • Lead the new vendor qualification
  • Ensure vendor compliance with PTI’s standards, policies, and requirements
  • Build, negotiate, and manage contracts with vendors
  • Invent negotiation strategies and negotiate vendor pricing to secure profitable deals
  • Cooperate with stakeholders to guarantee agreement on terms and processes
  • Maintain strong, long-term relationships with vendors and suppliers
  • Create and optimize sourcing procedures to attain maximum efficiency
  • Analyze and calculate costs of procurement and suggest methods to decrease expenditure
  • Perform cost and scenario analysis, and benchmarking
  • Research and anticipate shifts in the negotiating power of suppliers
  • Estimate risks and apply risk minimizing techniques
  • Other duties as assigned
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