Strategic Sourcing Specialist
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About The Position
The Strategic Sourcing Specialist plays a crucial role in driving savings and enhancing procurement efficiency within the organization. This position involves evaluating supplier performance, negotiating purchase terms, sourcing new suppliers, and ensuring that all goods and services meet specific technical specifications. The specialist will also be responsible for vendor management, addressing any supply issues or discrepancies that may arise during the procurement process. To excel in this role, the sourcing specialist must develop efficient procurement solutions and support senior management in the development and implementation of sourcing strategies. This requires a combination of excellent communication and negotiation skills, analytical thinking, and a solid understanding of procurement strategies. The specialist will work closely with internal project teams to maintain strong supplier relations and ensure that procurement activities align with the company's goals and objectives. The position demands a proactive approach to identifying savings opportunities and evaluating products and suppliers based on key business criteria. The sourcing specialist will run sourcing events, prepare proposals, request quotes, and negotiate purchase terms and conditions. Monitoring supplier performance, resolving issues, and ensuring the quality of purchased items are also critical responsibilities. Additionally, the specialist will analyze industry and demand trends to support senior management in strategic decision-making, while maintaining accurate inventory and procurement records in compliance with company policies and regulatory standards.
