Strategic Sourcing Specialist

We have an outstanding career opportunity for a Strategic Sourcing Specialist to join a leading Company located in the Elizabethtown, NC surrounding area.

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 inexecuting cost takeout projects withinOperations and New Product Development.This position requires an innovative individual with the willingness to take calculated risks, excellent communication skills andthe 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.

Job Responsibilities:

• Drive material cost improvements through purchase price reductions and material cost out activities through re-design.
• Execute the 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 the benefits of best practices.
• Support the negotiation strategies with suppliers, ensuring inventory optimization is included in supplier contracts and agreements.
• Workwith a functional team supportingValue Analysis ValueEngineering Eventsto identifycost-out opportunities in support ofbuilding the cost-out funnel.
• Create and execute Commodity strategies to better align with the supply chain; negotiate payment and working capital terms with suppliers that align tobusiness terms.
• Negotiate MSA'swith Grow/Maintain/Preferred suppliers.
• Understand commodity trends utilizing pro-purchaser or Commodity Price Index (Not limited to).
• Negotiate MOQ/POQ/LT'swith suppliers as it aligns tothebusiness standards.

Basic Hiring Criteria:

• Bachelor's degree in Engineering or Business, with a specific background in international sourcing.
• 3-6 years progressive experience in planning, purchasing andinventory control within a low-volume highmixmanufacturing environment preferred.

Desired Qualifications:

• CPIM (APICS) Certification is 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 mindset.
• Ability to develop and execute strategic plans, Self-starter andhighly motivated.
• Excellent cross-functional interpersonal, facilitation, communication andleadership skills.
• Results-driven with excellent organization, communication (written and oral), and presentation skills.
• Proficient in Word, Excel, and PowerPoint, performing queries in ERP systems (Business Objects), along with data gathering, manipulation, and analysis expertise.
• International and domestic travel requirements of up to 25%.