Strategic Sourcing Specialist

Job Summary

We are seeking a Strategic Sourcing Specialist to join our team in the distribution transformer industry. This individual contributor role within our centralized supply chain team will play a pivotal part in shaping ERMCO’s sourcing strategy.

Responsibilities

• Effectively conduct RFI’s, RFQ, RFPs to secure direct materials and or services and present results to stakeholders.
• Execute comprehensive procurement strategies that align with organizational goals to enhance overall business performance.
• Collaborate with stakeholders, supplier quality engineers, and engineering and manufacturing teams to ensure reliability and quality are considered when contracting and supplier performance meets technical and quality requirements.
• Conduct market analysis to identify trends, risks, and opportunities in the sourcing of materials and components.
• Analyze data to make informed decisions with knowledge of cost structures and financial impact/value.
• Negotiate contracts and agreements with suppliers to secure the best terms regarding price, quality, and delivery.
• Drive value delivery initiatives across the supply chain while maintaining or improving product quality and supplier performance.
• Implement supplier risk management strategies to minimize supply chain disruptions.
• Foster a culture of continuous improvement within the sourcing department, encouraging innovation and efficiency.
• Comply with company policies, procedures and governance items.

Qualifications

• Bachelor’s degree in Supply Chain, Business Administration, Engineering, or a related field.
• Minimum of 5 years of experience in strategic sourcing or procurement within the manufacturing or technical industry.
• Proven track record of developing and executing successful sourcing events.
• Strong background in supplier management, contract negotiation, and supply chain risk management.
• Demonstrated ability to lead cross-functional teams and drive collaboration across departments.
• Strong analytical and problem-solving skills, with the ability to interpret and use data to drive decision-making, and effective communication skills to negotiate, influence, and facilitate collaboration across teams/sites.
• Results-driven, with a focus on value delivery and efficiency improvements.
• Proactive and adaptable, able to navigate a dynamic industry landscape.
• Strong ethical standards and a commitment to quality.
• Detail-oriented, with a commitment to driving continuous improvement.
• Experience with ERP systems a must.
• Experience with Infor LN preferred.