Strategic Sourcing Category Lead - Indirect
FTI · Menasha, WI · 3 days ago
MarketingFull-time
About the role
You will develop, communicate and implement comprehensive category strategies, ensuring that projects deliver on risk, quality, cost and other value drivers while working with cross-functional teams. This position will develop and continually update market intelligence on key suppliers and market solutions.
Responsibilities
- Acts as the expert for the respective categories through complete understanding of industry, competition, future technologies, and innovations.
- Develops, issues, and manages Request for Proposal (RFP) or bid process for sourcing goods and services to achieve savings based on targeted specifications.
- Develops, leads, assesses, and executes purchasing strategies as related to commodity material across all business groups.
- Negotiates corporate programs with strategic suppliers and develop new alliances to meet the needs of the field.
- Participates in cost reduction activities, observes, and reports price increases.
- Assesses risk to suppliers and materials as well as recommending 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 provide 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.
- Identifies, builds, and maintains mutually beneficial relationships, partnerships and alliances with select suppliers through Supplier Relationship Management programs.
- Meets or exceeds profit plan goals related to categories: cost savings, raw material economics, quality, supplier rationalization and other agreed upon objectives.
- Consistently demonstrates exceptional customer service to internal and external customers.
- 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.
- Acts as primary point of contact for FTI personnel to resolve supplier issues.
- 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.
- Works collaboratively with internal resources ensuring information gathered is sufficient for effective sourcing activities.
- 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
- Travel: 10-30%, as required
Skills
- Proficient in the use of a PC and Microsoft Office Suite
- Strategic sourcing experience
- Knowledge of the electrical construction trade is beneficial
Schedule
This position works between the hours of 7 AM and 5 PM, Monday–Friday. Works a sufficient schedule to meet the expectations of the role.