• Sourcing Specialist

    Job Locations US-MD-Pocomoke City
    Job Code
    16.632
    Category
    Hidden (8746)
    FLSA Status
    Exempt
    Schedule
    Bel Art Products [PPC1400]
    ID
    2017-1462
  • Job Description

     

    The Strategic Sourcing Specialist executes sourcing, procurement, and vendor

    management activities, categories and projects in areas such as direct & indirect materials,

    business services, facility support operations, contract negotiation, and cost savings initiatives.

     

    The successful candidate must have experience in procurement, process improvement,

    understanding of contractual terms and conditions, and demonstrated ability to read, write and

    negotiate contracts. The successful candidate will focus on traditional sourcing models, including

    category analysis, short-term/long-term category planning, consolidation, supplier scorecards

    and vendor management.

     

    An understanding of sourcing process includes multiple phases from building a category

    strategy, identifying specific sourcing opportunities, contract negotiations, purchase order

    issuance, and implementation. The process involves steps such as price/cost analysis, "should

    cost" models, and sourcing best practices. Collaboratively works with supply chain leaders to

    ensure that sourcing strategies are aligned with business plans, and the successful candidate will

    be accountable for their execution and the delivery of significant value contribution to the

    company.

     

    ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may

    be assigned.

    1. Ability to review and analyze large amounts of data to determine cost savings opportunities

    through good procurement methodologies

    1. Improve processes in the areas of strategic sourcing, cost modeling, and supplier

    development

    1. Assist to plan and execute a procurement plan in that aligns with annual financial goals
    2. Lead contract negotiation, sourcing, supplier evaluation and selection.
    3. Locate, analyze, develop and maintain a supplier base to meet current and future needs
    4. Understand and monitor key spending trends, cost drivers, market factors, geographic

    considerations, and strategic importance of critical commodities in order to implement

    appropriate sourcing strategies

    1. Manage annual supplier value analysis/cost reduction opportunities with the supplier base
    2. Manage and support savings tracking processes und participates in special projects as needed
    3. Ability to travel 10-15%, including internationally.

     

    TALENTS and/or EXPERIENCE

    • Successful procurement experience in a manufacturing organization with MRP
    • Demonstrated ability to drive cost-effective procurement through supplier collaboration
    • Practical knowledge of purchasing and supply chain strategies
    • Strong negotiation and analytical skills
    • Knowledge of operations, scheduling and purchasing procedures, MRP systems and their processes, and supply chain best practices.
    • Ability to exercise discretion and independent judgment with minimal supervision.
    • Strong verbal and written communication skills.
    • Good MS Office, Outlook, Word, Excel and PowerPoint skills

     

    EDUCATION, CERTIFICATES, LICENSES, and REGISTRATIONS

    • Undergraduate degree in business, economics, or supply-chain preferred. Equivalent

    experience and a combination of acceptable education/certifications may be accepted in lieu

    of degree.

    • APICS or I.S.M. certification highly desired

     

    PHYSICAL DEMANDS & WORK ENVIRONMENT

     

    Work is normally performed in both a typical interior/office. The candidate should be able to

    perform the job tasks with or without reasonable accommodations:

    • Remaining in the seated position for extended periods of time
    • Moving about safely on toot in a manufacturing environment

     

     

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