Strategic Sourcing Specialist

Renaissance Repair and Supply•Flower Mound, TX

1d•Onsite

About The Position

Our Operations Department is seeking a Strategic Sourcing Specialist to support the procurement of materials and services critical to our operations. The successful candidate will be responsible for strategic supplier management, sourcing and quoting activities, contract negotiations, cost reduction initiatives, and market analysis to ensure a resilient and competitive supply chain. This role requires strong analytical, negotiation, and relationship management skills, along with the ability to work effectively in a fast-paced and highly regulated environment.

Requirements

High School Diploma required
Minimum 3 years of experience in strategic sourcing, procurement, supply chain management, or supplier management within a manufacturing environment
Strong proficiency with Microsoft Office applications, particularly Excel
Knowledge of end-to-end supply chain processes, strategic sourcing methodologies, supplier performance management, and contract negotiations
Strong analytical, problem-solving, and decision-making skills
Excellent verbal and written communication skills with the ability to build effective relationships across all levels of the organization
Demonstrated negotiation, conflict resolution, and supplier relationship management skills
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Strong attention to detail and organizational skills

Nice To Haves

Post-secondary education in Supply Chain Management, Business Administration, Operations Management, or a related discipline is considered an asset
Experience working with ERP/MRP systems preferred
Supply Chain Management Professional (SCMP) designation or progress toward certification is considered an asset
Experience conducting RFQs, RFPs, and supplier selection processes
Familiarity with ISO 9001, AS9100, Controlled Goods Program (CGP), or other regulated manufacturing environments is considered an asset
Experience negotiating pricing, lead times, contractual terms, and long-term supply agreements
Experience sourcing electronic components, mechanical parts, raw materials, or specialized services is considered an asset

Responsibilities

Maintain a mutually productive business relationship with suppliers through prompt and accurate communication
Maintain supplier relationships, compliance and performance via communication and corrective action measures
Maintain current supplier information within database to ensure ease of doing business
Gather, analyze, discuss and maintain key supplier performance data
Evaluate suppliers based on scorecard criteria
Maintain open lines of communication and provide regular feedback to the working relationship with key suppliers via Supplier Business Reviews (SBR)
Ensure all qualified suppliers meet or exceed published performance goals and take corrective measures to those that do not
Submit supplier approvals or disqualifications
Create and maintain supplier profiles, transformation of all pricing, LT, MOQ/MPQ and liability stats into required databases
Negotiate optimum material and services contracts with suppliers, including payment terms, bonding, cancellation and return privileges
Actively pursue cost reduction programs and contract agreements
Engage with the most competitive suppliers utilizing terms and conditions
Resolve part/supplier escalations from teams to ensure continuity of supply
Monitor and understand market conditions and volatility and its effect on ability to procure and secure inventory at the right price when required
Negotiate respective commodities by market trends, stocks market intelligence, manufacturer consolidation, supplier flexibility and agility based on specific cost down initiatives