Strategic Sourcing Category Lead - Alabama
FTI · Opelika, AL · 1 mo ago
MarketingFull-time
About the role
The Strategic Sourcing Category Lead at Faith Technologies, Inc. is responsible for developing and implementing a strategic procurement strategy. This role involves partnering with key stakeholders across the business to manage projects that deliver on risk, quality, cost, and other value drivers.
Responsibilities
- Acts as the expert for respective categories through complete understanding of industry, competition, future technologies, and innovations.
- Develops, issues, and manages Request for Proposal (RFP) or bid processes for sourcing goods and services to achieve savings based on targeted specifications.
- Develops, leads, assesses, and executes purchasing strategies as related to commodity materials across all business groups.
- Negotiates corporate programs with strategic suppliers and develops new alliances to meet the needs of the field.
- Participates in cost reduction activities, observes, and reports price increases.
- Affirms risk to suppliers and materials and recommends risk mitigation plans.
- Qualifies alternative supply sources on key products and services; based on risk mitigation, cost out opportunities, etc.
- Supports internal quarterly vendor reviews to ensure supplier challenges are addressed including corrective action plans, alternate sourcing strategies, and contract adherence.
- Supports external Quarterly Business Reviews with preferred vendors and provides performance feedback regarding quality, service, and cost while having clear and actionable initiatives to improve all three areas.
- Acts as a change agent – identifies new tools, analyses, strategies etc. to drive continuous transformation within the sourcing organization.
- Drives communication, data collection, continuous improvement, and overall relationships within Faith for purchases.
- Supports internal and external customers with exceptional customer service.
- Analyzes key sourcing KPI’s, spend data, and vendor performance scores.
- Aids the business in supplier problem resolution concerns as they arise for respective commodities.
- Manages relationships with key suppliers to maintain quality of goods, timely delivery, and compliance with terms of contracts.
- Facilitates involvement of supplier technical support resources for Faith projects.
- Identifies opportunities to utilize supplier-driven innovation in Faith designs.
- Facilitates the development and implementation of standardized specifications between suppliers and Faith design teams.
- Reviews supplies to ensure quality.
- Performs other related duties as required and assigned.
Requirements
- Education: Bachelor’s degree or equivalent experience.
- Experience: Minimum of 2 years in a strategic sourcing role.
- Proficiency in using a PC and Microsoft Office Suite.
- Strategic sourcing experience.
- Knowledge of the electrical construction trade is beneficial, but not required.
Qualifications
- Strong analytical and problem-solving skills.
- Excellent communication and negotiation skills.
- Ability to work independently and as part of a team.
- Understanding of procurement and supply chain management principles.
- Experience with ERP systems and procurement software.
Skills
- Strategic thinking and planning.
- Supplier relationship management.
- Cost analysis and optimization.
- Vendor management and negotiation.
- Market research and analysis.
- Project management and execution.
Benefits
At Faith Technologies, Inc., we offer a competitive, merit-based compensation structure, career path development, and a robust benefits package. Benefits include:
- Health insurance
- Dental insurance
- Vision insurance
- Paid time off
- Flexible spending accounts
- Retirement savings plans
- Employee assistance programs
- Professional development opportunities
- Discounted healthcare options
- Flexible work schedules
- Employee wellness programs
Pay
Compensation is competitive and commensurate with experience and qualifications.
Schedule
This position works between the hours of 7 AM and 5 PM, Monday-Friday.