Sourcing Specialist

Shelton CT US
Sep 19, 2016
Jan 25, 2017
Organization Type
Full Time
As the Senior Sourcing Specialist, this position will be responsible for analysing the assigned site category spends, developing key sourcing strategies, leading long term supplier negotiations and leading/executing key projects to meet the site’s material productivity performance goals. This position will also work closely with R&D on NPIs to ensure projects are launched meeting the margins targets, timelines and with global preferred production suppliers.

A number of the key responsibilities are detailed below:

Key Responsibilities:
  • Contract Negotiations and contract formalization to secure Long Term Agreements.
  • Sourcing role for NPI’s or product transfers as appropriate.
  • Develop strategies and actions to mitigate and control inflation.
  • Bench marking of existing supplier price performance against potential new suppliers in the market through comparative analysis. Incorporating lower cost markets (LCC), Eastern Europe, Asia for potential supply.
  • With existing, preferred suppliers securing best price through supplier negotiations and collaboration to include value engineering, other opportunities including benchmarking to prove competitive advantage.
  • RFQ, PPV and VE reporting and analysis on a monthly basis, actual to forecast to target.
  • Producing inputs for site monthly performance reviews.
  • Project management of sourcing projects such as global bid events, make-buy insourcing & value engineering cost reduction projects.
  • Vendor Rationalisation.

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