Sourcing Specialist
Essential Duties
- Locate, analyze and evaluate sources (capability, capacity, market constraints) for assigned categories/commodities (20%).
- Analyze and evaluate bids (price, availability, cost to produce, quality) and review competitive proposals (15%).
- Support new supplier qualification and new product development activities as required, to include supplier visits and audits (20%).
- Place and enter purchase orders as required (5%).
- Keep current on new market trends and materials information (5%).
- Maintain order quantities based on established formulas (10%).
- Support cost reduction, lead time reduction and improve inventory turns (25%).
Position Requirements
- Education & Experience: Bachelor’s degree in Business Administration or related field; Supply Chain Management preferred, 2+ years purchasing or manufacturing related experience.
- Skills/Abilities/Competencies: Basic knowledge of purchasing practices, Excellent verbal and written communication skills, Interpersonal skills to correspond effectively with all levels of the organization, Experience in analysis and resolution of critical or chronic cost, quality, or delivery problems, Microsoft Office skills (Excel, Word, and PowerPoint).
Desirable Qualifications
- ERP business software experience (Oracle, SAP, etc).
- Manufacturing environment experience.
- ISM certification (CSCP, CPSM).
- Engineering drawing interpretation skills.
Pay
The base pay range for this position is $54,300.00 - $95,100.00 per year, exclusive of fringe benefits or other compensation.
Benefits
- Medical
- Dental
- Stock purchase plan
- 401(k)
- Tuition reimbursement
- More
Company Information
Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.
About the Role
Provides purchasing support to factories by ensuring all required materials are procured in a timely and cost effective manner. Assists in the management of all aspects of Graco’s global sourcing strategy. To ensure annual improvement in the total cost, quality, and service for the assigned commodities. To fully understand the business units and manufacturing requirements, and implement a procurement process to meet specific needs.