Sr Strategic Sourcing Specialist
Solstice Advanced Materials•Morris Plains, NJ
•Hybrid
About The Position
As a Sr Strategic Sourcing Specialist here at Solstice Advanced Materials, you will establish and drive procurement of material and services in alignment with business leadership for your assigned commodity/category and/or region as per Annual Operating Plan and Strategic Plan. You will have global/regional responsibility for driving competitive commodity and category supply strategies to achieve lowest total cost, reduce working capital via negotiation planning and execution, high growth region sourcing, value engineering and sole/single source elimination.
Requirements
- Establish and drive procurement of material and services in alignment with business leadership for your assigned commodity/category and/or region as per Annual Operating Plan and Strategic Plan.
- Global/regional responsibility for driving competitive commodity and category supply strategies to achieve lowest total cost, reduce working capital via negotiation planning and execution, high growth region sourcing, value engineering and sole/single source elimination.
Responsibilities
- Manage site category and commodity strategies including spend analysis, benchmarking, cost, market analysis and global technology/economic trends
- Drive and execute annual and strategic plan with supporting strategies
- Ensure relationship development and management with key supplier leaderships
- Align with site sales, marketing, technology, business, operations, finance and quality and other Solstice Advanced Materials businesses
- Manage supplier selection, RFQ and RFI process, negotiation, contracting and supplier performance processes
- Improve working capital thru payment terms extensions, payment cycle optimization, vendor managed inventories and lead time reductions
- Assist in site tactical procurement escalations, reconciliations and reporting as required
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
