Strategic Sourcing Specialist

Ralliant•Elizabethtown, NC

About The Position

We are seeking a talented Strategic Sourcing Specialist to work in a fast-paced multi-site manufacturing environment. The ideal candidate will play a key role within the sourcing group in executing cost takeout projects within Operations and New Product Development. This position requires an innovative individual with the willingness to take calculated risks, excellent communication skills and the ability to work with a diverse group of associates and in cross functional teams. This is a high visibility opportunity with advancement opportunities through operations or supply chain management

Requirements

BS/BA Engineering or Business, with specific background with international sourcing
3-6 years progressive experience in planning, purchasing and inventory control within a low-volume high mix manufacturing environment preferred.
Strong leadership skills with the ability to build consensus with many.
Demonstrated ability to reduce material cost through material substitutions, material reductions, etc.
Lean manufacturing experience including kanban planning, establishing reorder quantities, inventory optimization, and a strong process mind set
Ability to develop and execute strategic plans, Self-starter and highly motivated
Excellent cross-functional interpersonal, facilitation, communication and leadership skills
Results driven with excellent organization, communication (written and oral), and presentation skill
Proficient in Word, Excel, PowerPoint, performing queries in ERP systems (Business Objects), along with data gathering, manipulation, and analysis expertise
International and domestic travel requirement of up to 25%

Nice To Haves

CPIM (APICS) Certification is preferred

Responsibilities

Drive material cost improvements through purchase price reductions and material cost out activities through re-design.
Execute sourcing funnel process with several commodities.
Locate and develop suppliers globally and engage suppliers in projects to improve quality, lead-time, and price/terms.
Drive regular improvement in Purchase Price Variance (PPV) through RFQs, auctions, and negotiations with suppliers.
Be responsible and accountable for the strategic direction and daily management of specific purchased commodities
Execute the vendor consolidation process of identifying and developing strategically important suppliers
Work closely with Supply Chain/Materials personnel to implement and receive benefits of best practices
Support the negotiation strategies with suppliers ensuring inventory optimization is included in supplier contracts and agreements.
Work with cross functional team supporting Value Analysis Value Engineering Events to identify cost-out opportunities in support of building the cost out funnel.
Create and execute Commodity strategies to better align with supply chain; negotiate payment and working capital terms with suppliers that align to business terms.
Negotiate MSA’s with Grow/Maintain/Preferred suppliers.
Understand commodity trends utilizing pro-purchaser or Commodity Price Index (Not limited to)
Negotiate MOQ/POQ/LT’s with suppliers as it aligns to the business standards