Strategic Sourcing Specialist

Position Overview

Strategic Sourcing Specialist
Full-time; Exempt
Pay Range: $90,000 - $125,000 / year, based on qualifications and experience

Location

Thornton, Colorado

Job Responsibilities

• Manage all suppliers onboarding for new product launches
• Manage early project buying activities until transition to serial production
• Develop and implement cost reduction strategies and projects for the best possible TCO
• Participate in qualifying new suppliers and identifying alternate sources of supply
• Maintain spending and savings metrics
• Lead RFP/RFI, reverse auctions and other sourcing events
• Lead Contract development and Contract negotiations
• Review critical/strategic Purchase Orders for contract compliance
• Perform contract reviews and participate in business reviews
• Perform cost and scenario analysis, benchmarking, and forecasting
• Estimate risks and apply risk minimizing techniques
• Develop strategic and preferred suppliers, collaborating with Procurement and other stakeholders to manage supplier relationships
• Develop and implement sourcing procedures
• Crosstrain and provide support to other Supply Chain personnel

Qualifications

• Bachelor’s degree in business, supply chain or related field (preferred)
• 4 years+ experience in a sourcing role (required) in an ISO Certified manufacturing environment (preferred)
• Experience with planning and buying (preferred)
• Experience with Automotive Sourcing and PPAP process (preferred)
• Must be highly proficient in utilizing ERP Systems (Global Shop – preferred)
• Excellent organizational, problem-solving, and analytical skills
• Strong interpersonal skills to work with team members and suppliers
• Negotiation skills to work with suppliers and make better deals for the company (required)
• Must demonstrate strong PC and MS Office suite skills with an intermediate to advanced working knowledge of Excel (required)