Strategic Sourcing Specialist

Ace Controls

10h•Hybrid

About The Position

The Strategic Sourcing Specialists plays a key role in implementing the Global Strategic Sourcing Strategy for the Commodities under his/her responsibility. Along with that Strategy, responsibilities include: Sending out “Requests for Quotes”; Analyzing Data; Negotiating Price, Payment Terms, Freight Terms, Stocking Programs, and Formal Contracts all in accordance with Companies’ Goals and Objectives. The Strategic Sourcing Specialist reports to the Director, Global Strategic Sourcing, and will be located in the manufacturing facility assigned, or will work remote. You will work directly with the cross functional departments at your location including, Manufacturing, Engineering, Quality, Materials, Finance, and Safety. Required travel of up to 30% of the time both domestically and internationally.

Requirements

Minimum of five (5) years’ experience in Strategic Sourcing and Procurement
5 years’ Experience working in a manufacturing environment
Experience Negotiating with Suppliers to establish a win-win environment.
Extensive experience collecting and analyzing data with strong Excel skills
Experience in driving and implementing Cost Savings for favorable PPV.
Working knowledge of product standard costing
Extensive experience in working with cross functional teams
Strong business acumen, and a passion for problem solving
Effective communicator, both verbal and written, and not afraid of conflict.
Willing to dive into the details to understand issues and get to root cause.
Ability to understand cost breakdowns, develop cost estimates, and present recommendations based upon total cost analysis
Strong Microsoft Excel skills (including, but not limited to pivot tables, v-look ups, charts, and graphs)
Ability to multi-task and manage multiple projects at the same time
Ability to work in team environment as a Team Player seeking what’s best for the business.
ERP knowledge and experience – Oracle and Bravo preferred
Bachelor degree in Supply Chain Management, Business, Science, or Engineering.
Ability to travel up to 30% of the time, with most travel expected in the early phases of projects.

Nice To Haves

Experience working in a lean manufacturing environment desirable
Working knowledge of Just-In-Time practices (JIT), Kanban, Min Max, and other inventory planning methods desirable
Experience in a low volume – high mix environment desirable
Experience working with global and cross-cultural teams desirable
International business experience is a plus
Indirect spend experience a plus
Knowledge of procurement trends, strategic sourcing processes and best practices, e.g. reverse auctions, e-sourcing tools is a plus.
Master’s degree desirable
C.P.M. or APICS certification desirable

Responsibilities

Responsible for all Sourcing Activities for your location
Manage Supplier Relationship and Communication
Engage with Internal Customers to understand their needs and requirements as it relates to your Suppliers.
Be responsive to escalation requirements from your internal customers as it relates to Supplier communication or urgency.
Work with Engineering and Product Development on new Product Launches.
Manager all RFQ’s with Suppliers for timely completion.
Analyze all data in Excel Format and present results to internal customers.
Negotiate Price, Freight, Terms, Payment Terms, Stocking Programs, and Contracts for all new RFQ’s in accordance with Company’s Goals and Objectives.
Qualify and Approve all new Suppliers with Quality and Engineering.
Order Samples and PPAP requirements as needed.
Once Contract is finalized, communicate next steps to Material Planners for Production requirements.
Monitor Supplier Performance for On Time Delivery, Quality, Lead-time, and Cost Savings.
Send out Scorecards to top 10 Suppliers Monthly.
Plan, develop, and implement Cost Reduction plans for all commodities.
Lead Working Capital and Supply Chain efficiencies with all your Suppliers.
Supports inventory management optimization initiatives.
Prepares cost analyses based on the total cost of ownership.
Makes recommendations to optimize the supply chain and/or operations based on data.
Develops / participate in make-buy studies.
Support Production Meetings and the Planners as needed, and help develop strategies for improvement.