Sourcing Specialist
Job Summary
This position will be responsible for implementing a sourcing strategy for manufacturing plants within SPX Flow business. Establish and drive sourcing of material and services in alignment with business leadership for your assigned commodity/category and/or region as per Annual Operating Plan and Strategic Plan. You will have NHS Business Unit (BU) responsibility for driving competitive commodity and category supply strategies to achieve lowest total cost for BU, reduced working capital via negotiation planning and execution, high‑growth region sourcing, value engineering and sole/single source elimination. You will manage supplier performance to support your commodity/category and/or region and ensure supply continuity. You will be managing several projects in a dynamic environment and ensure compliance with company business policies and procedures, export/import regulations.
Principal Duties and Responsibilities
- Manage supplier selection, RFI and RFQ process, negotiation, contracting (MPA, SA, etc.) and supplier performance processes; ownership of supplier selection, price and terms management. Work collaboratively with the Category Sourcing team on supplier selection where strategic suppliers are involved.
- Manage BU suppliers’ performance. Work collaboratively with the Supplier Quality team on management of supplier scorecards. Gather input from local purchasing on supplier performance. Perform business review with supplier leadership; ensure relationship development and management with key supplier leadership; maintain approved vendor list, information records and vendor master records for manufacturing sites.
- Identify, develop, manage and complete BU sourcing projects. Support/coordinate global strategic sourcing projects. Monitor and log sourcing savings performance for completed projects in the Sourcing Savings Tracker.
- Participate in events for sourcing savings initiative development (e.g., Sourcing Kaizen, VA/VE tear‑down analysis, Supplier Innovation events, etc.).
- Monitor and address inflationary issues for assigned commodity globally. Understand market conditions and adjust BU commodity sourcing strategy; monitor and address purchasing price variance (PPV) issues; manage performance and risk of site suppliers, addressing sole‑source risk.
- Provide supply‑chain support for new product development and localization projects. Work collaboratively with the Supplier Quality team on qualification of new suppliers and FAQs.
- Improve working capital through payment‑terms extensions, payment‑cycle optimization, vendor‑managed inventories, inventory and lead‑time reductions.
- Assist in site tactical procurement escalations, reconciliations, and reporting as required.
- Collaborate with regional sourcing, category sourcing, supplier quality, sales, product management, engineering, manufacturing, purchasing, planning, legal, IT, shared services and finance groups to achieve business‑unit goals.
Knowledge, Skills & Abilities
- Strong knowledge of ERP systems and Microsoft applications (PowerPoint, Excel, Word, PowerBI) with ability to perform spend data analysis.
- In‑depth knowledge of strategic sourcing and supplier management.
- Excellent communication skills – logical and organized.
- High‑level negotiation skills.
- Highly developed analytical skills with demonstrated creative problem‑solving experience.
- Professional certifications in project, supply‑chain, procurement or contract management (valued).
- Demonstrated business and financial acumen.
- Experience with SAP ECC5, ECC6 & SAP BW4 HANA; knowledge of purchasing, materials management and LEAN principles.
- Ability to lead events for sourcing savings plan development (e.g., Sourcing Kaizen, VA/VE tear‑down analysis, Supplier Innovation events, etc.).
- Understanding of supplier capabilities and the marketplace.
- Strong knowledge of contractual terms & conditions.
- Demonstrated ability to interface with top executive and senior‑level management, both internally and externally.
- Excellent team player; ability to effectively collaborate with key stakeholders and partners within a cross‑functional environment.
Education and Experience
- Minimum of a Bachelor’s degree in Business, Finance, Engineering, Supply Chain or a related field.
- Minimum of 5 years relevant sourcing work experience in a global manufacturing company.
- Experience managing a portfolio of spend in excess of $10 M.
Physical Demands
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Working Conditions
General office environment. 20% domestic and international travel required.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
SPX Flow Values – Quality
Quality encompasses all aspects of SPX FLOW’s business, and every employee shares the responsibility to prevent the occurrence of any nonconformity relating to product, process and the quality system. All employees have an obligation to identify and record any such nonconformity, and through designated channels, initiate and recommend solutions.