Sourcing Specialist - Centralia, MO

Sourcing Specialist

A Day In The Life

• Supplier Identification and Evaluation
• Research and identify potential suppliers globally and locally based on technical requirements and company needs.
• Evaluate suppliers' capabilities, capacities, and financial stability to ensure they can meet the company's quality and delivery standards.
• Conduct supplier audits and assessments to verify compliance with industry standards and company policies.
• Supplier Relationship Management
• Build and maintain strong relationships with key suppliers to ensure long-term partnerships.
• Negotiate contracts, terms, and pricing agreements with suppliers to secure the best possible terms for the company.
• Manage supplier performance through regular reviews and assessments, addressing any issues related to quality, delivery, or service.
• Cost Management
• Work closely with the procurement team to identify cost-saving opportunities while maintaining quality standards.
• Analyze cost structures and market trends to achieve competitive pricing from suppliers.
• Implement value engineering and cost reduction initiatives without compromising product quality or performance.
• Technical Collaboration
• Collaborate with engineering and production teams to understand technical specifications and ensure that suppliers can meet these requirements.
• Provide technical support and guidance to suppliers to improve their processes and product offerings.
• Participate in design reviews and provide input on material selection and sourcing strategies.
• Risk Management
• Identify potential risks in the supply chain, such as single-source dependencies, and develop strategies to mitigate these risks.
• Ensure a diversified and resilient supplier base to avoid supply disruptions.
• Compliance and Quality Assurance
• Ensure that all sourced materials and components comply with industry standards, regulatory requirements, and company policies.
• Work with the quality assurance team to resolve any issues related to supplier quality or non-conformance.
• Maintain accurate and up-to-date records of supplier certifications, audits, and performance metrics.
• Continuous Improvement
• Drive continuous improvement initiatives within the supply chain, focusing on efficiency, cost reduction, and quality enhancement.
• Stay updated on industry trends, new technologies, and best practices in sourcing and procurement.
• Lead or participate in cross-functional teams to implement new sourcing strategies and projects.

Requirements

• Bachelor’s degree preferred but not required
• 3+ years of experience in a materials role involving sourcing activities for a manufacturing operation
• Strong ERP systems experience; SAP a big plus
• Ability to read and interpret engineering prints and drawings would be a plus but not required
• Solid understanding of manufacturing processes and materials
• Familiarity with Quality systems, processes, and requirements
• Demonstrated negotiation experience
• Strong analytical and interpersonal skills

Preferred

• Understanding of or experience working with interpersonal logistics
• Understanding of commodity markets
• PMP or other project management certification

About the Role

The Sourcing Specialist plays a crucial role in the supply chain management process, focusing on identifying, evaluating, and selecting suppliers and materials needed for manufacturing or production. They ensure that the components or raw materials meet the company's quality, cost, and delivery requirements while fostering strong relationships with suppliers.

Benefits

Hubbell Incorporated is an Equal Opportunity Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.

Pay

Details about pay are not specified in the job posting.

Schedule

Details about the schedule are not specified in the job posting.

Company Information

Hubbell Incorporated is a leading global manufacturer of high-quality electrical and utility solutions. The company operates in two segments: Hubbell Utility Solutions (HUS) and Hubbell Electrical Solutions (HES). Hubbell Utility Solutions enable the grid to conduct, communicate, and control energy across utility applications, while Hubbell Electrical Solutions are essential to managing power across various industries and applications. Hubbell is committed to operating sustainably and ethically while promoting an inclusive and supportive culture for its employees.