Senior Sourcing Specialist
This position is responsible for driving supply chain cost effectiveness and performance improvement with suppliers, while minimizing supplier risk across all STERIS for assigned spend categories. The role focuses on proactively identifying leverage opportunities and driving supplier actions that deliver enhanced value to diverse stakeholders. The successful candidate will develop key strategic relationships with suppliers to support global sourcing, manufacturing, and new product development strategies.
About the role
This is a fully remote role with the requirement of residing within the United States. This role requires up to 40% domestic and international travel and is not eligible for Visa Sponsorship or H1B Transfer.
Responsibilities
- Create and deploy sourcing strategies and communicate them effectively across plants, establishing cross-functional alignment.
- Support strategic initiatives through the entire lifecycle of projects, from spend analysis and implementation to new supplier onboarding.
- Provide proactive leadership and management with cross-functional partners to select suppliers, negotiate favorable contract and payment terms, and manage supplier performance and relationships.
- Provide direction and vision for sourcing initiatives and apply Lean Product Development principles and manufacturing experience to achieve New Product Development goals.
- Coordinate the development of purchase, quality inspection, part qualification, and delivery processes for commodities within the New Product Development process.
- Develop and maintain expertise in the supply base’s contemporary technology to upgrade existing products and design into new products.
- Participate in New Product Development projects as a Core Team member, representing Global Operations (Manufacturing and Sourcing), and be responsible for integrating new designs and technologies with manufacturing processes, as well as identifying sources for components (manufactured and purchased).
- Develop effective short- and long-term category strategies to include supply chain continuity, risk management, optimizing supplier network, and attaining best cost.
- Lead the identification of key supplier/partners to strategically source. Work with cross-functional teams to align key strategic suppliers and capabilities with new product development needs.
- Lead and manage supplier relationships through development and tracking of Key Metrics and establish a collaborative environment to optimize supplier performance and innovation.
- Champion cross-STERIS sourcing effectiveness to achieve year-over-year improvement in total quality, surety of supply, cost of ownership, and service.
- Perform cost analysis and utilize financial acumen to identify opportunities to leverage scale or other cost-saving opportunities.
- Develop dual/multiple sourcing for assigned category-based items at the lowest total acquisition cost and lead cross-functional teams to achieve identified dual sourcing targets.
- Conduct negotiations and issue contracts/agreements in accordance with all applicable laws and regulations within appropriate guidelines. Negotiate, structure, and secure agreements with selected suppliers.
- Support necessary supplier audits including commercial, financial, and technical to ensure STERIS maintains and continues to develop a robust and capable supply base.
- Work cross-functionally with Quality and Purchasing partners to improve Quality, Delivery, and cost performance for assigned categories.
- Increase knowledge in lean manufacturing concepts and apply lean replenishment techniques as well as general continuous improvement opportunities to improve supplier performance in targeted areas.
- Carry out duties in an ethical, legal, and professional manner that contributes to both internal and external customers’ satisfaction.
Requirements
- Bachelor's Degree in Supply Chain or related technical field.
- Six (6) to eight (8) years of experience working in strategic sourcing, manufacturing, and/or industrial environment.
- Experience in all aspects of end-to-end Supply Chain including contract negotiations, commodity-based materials management, project management, and commercial analytics; strong negotiation skills required.
- Excellent knowledge of office applications like Excel, Word, PowerPoint, and project management tools.
Preferred Qualifications
- Experience managing indirect spend overall, with a focus on IT, Mechanical, and chemical commodities.
- ISM or ASCM certification.
- MBA.
- Regulated business environment experience.
- A broad knowledge of multiple direct material commodities.
- First-line supervisory experience in a Lean Manufacturing environment.
Skills
- Excellent communication, problem-solving, project management, organizational, and negotiation skills.
- Responds with a sense of urgency to meet and support the needs of customers, providing innovative and comprehensive solutions.
- Effectively negotiates, influences, and collaborates with others, seeking creative, win-win solutions.
- Builds constructive and effective relationships cross-functionally; effectively manages through conflict while maintaining relationships.
- Handles change, ambiguity, and shifting priorities while staying focused on achieving key business priorities.
- Manages projects effectively, assessing time, resources, and investment to ensure deadlines and objectives are achieved.
- Stays current on industry trends, market factors, and benchmarks for process and application improvements.
- Identifies strategic issues and translates them into practical ideas and programs.
- Anticipates future consequences and trends accurately and effectively manages complexity and change.
Benefits
- Market Competitive Pay.
- Extensive Paid Time Off (PTO) and 9 added Holidays.
- Excellent Healthcare, Dental, and Vision benefits.
- Long/Short Term Disability coverage.
- 401(k) with a company match.
- Maternity & Paternity Leave.
- Additional add-on benefits/discounts for programs such as Pet Insurance.
- Tuition Reimbursement and continued education programs.
- Excellent opportunities for advancement in a stable long-term career.
Pay
Pay range for this opportunity is $118,000 - $130,000. This position is eligible for bonus participation. Minimum pay rates offered will comply with county/city minimums, if higher than the range listed.