Strategic Sourcing Specialist

Rite-Hite • Milwaukee, WI

54d

About The Position

Rite-Hite is seeking a Strategic Sourcing Specialist to join our supply chain organization. This role offers a challenging and rewarding opportunity to contribute to the success of a global leader in the manufacture, sale, and service of equipment for loading docks, industrial doors, safety barriers, and industrial fans.

Requirements

• Bachelor's Degree in Engineering, Supply Chain, Business or Operations or related field OR equivalent work experience
• 3 years' experience in Strategic Sourcing or related work environment
• Knowledge of supplier contracts, product conformity, quality toolbox and problem-solving methodologies
• Proficiency in data analysis and relevant procurement tools.
• Proven ability to assess, negotiate, and manage suppliers effectively.
• Strong collaboration, facilitation, and conflict resolution skills in a matrixed environment.
• Excellent verbal and written communication skills.

Nice To Haves

• Experience with Business Intelligence (BI) software such as Power BI, Tableau, etc.
• Experience with ERP and Supplier Relationship software packages e.g. Oracle, JDE, etc.
• Familiarity with Continuous Improvement and Six Sigma concepts & methodologies
• Strong business acumen, including demonstrated knowledge of the four main financial statements
• Strong negotiation skills
• Advanced proficiency in Microsoft Office Suite, especially Excel.
• Spanish language skills are a plus.

Responsibilities

• Identify and deliver material cost productivity to the cost of goods sold leveraging continuous improvement methodologies including Total Cost of Ownership (TCO) improvements through VA/VE, should-cost modeling, price negotiation and design-to-cost initiatives.
• Manage supplier expectations and performance, driving corrective action and improvements as prescribed using data analytics
• Develop, negotiate, and execute agreements with suppliers that provides best in class services
• Lead New Product Innovation projects from sourcing side by leveraging preferred supplier programs
• Identify new suppliers to support life cycle product strategy for new, existing, or end of life products
• Utilize Supplier Relationship software to support improved supplier execution
• Develop comprehensive RFx processes, analysis and reporting of benchmarking information including potential risks and financial, capacity, quality, and compliance issues associated with suppliers.
• Optimize the supply chain of goods and services from our suppliers to our customers by focusing on market driven responsiveness and Aid in material management escalations
• Internal Stakeholders: Collaborate effectively with key stakeholders (engineering, operations, quality, etc.) to understand sourcing requirements, ensure supplier qualification, and maintain high quality standards.
• Cross-functional Teams: Partner with business unit Procurement and Engineering teams to facilitate smooth supplier transitions.
• Supplier Selection: Conduct thorough RFx processes to select and negotiate contracts with optimal terms and conditions.

Benefits

• Rite-Hite provides competitive compensation and a comprehensive benefits package with medical, dental, and vision coverage along with life and paid medical leave.
• We also provide a retirement savings plan that combines 401(K) with company match and profit sharing.
• Paid holidays, vacation, and up to five paid personal/sick days per year round out the package.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Machinery Manufacturing
• Number of Employees: 1,001-5,000 employees