Strategic Sourcing Specialist

Responsibilities

• Identify source then procure materials and components specifically for new product launches, working closely with engineering and product development teams.
• Identify and vet new suppliers, especially for hard-to-source or specialized components working with the KNA Supply Chain department.
• Negotiate contracts, prices and terms with suppliers to secure the best terms for the organization and follow requirements to set them up in KTC’s ERP system.
• Obtain quotes, negotiate pricing, and issue purchase orders in accordance with company policies and cost objectives.
• Build and maintain relationships with suppliers, addressing discrepancies or issues with orders, quality, delivery, and pricing.
• Manage planning and material requirements from the development phase through pilot builds, ensuring supply readiness to support product launches.
• Support production readiness by ensuring new parts are set-up for purchase and coordinate the transition from NPI to production procurement teams.
• Work with engineering and R&D teams on pre-production approvals and change control documentation for materials.
• Track and report on material order status, delivery timelines, and inventory levels to support NPI project schedules.
• Collaborate cross-functionally with internal teams (technology, engineering, product marketing, finance, operations and quality) to align stocking levels and resolve barriers in shipping, material shortages, or other disruptions.
• Other duties as assigned.

Qualifications

• A high school diploma or GED.
• At least 10 years of NPI/Supply Chain experience.
• Bachelor’s degree in Supply Chain Management, business, engineering or related field (preferred).
• Solid understanding of contract manufacturing; including overhead, inventory carrying costs, purchase price and other cost changes.
• Strong negotiation and interpersonal skills to work with suppliers and internal teams.
• Analytical and math skills for evaluating costs, managing budgets, and analyzing market data for global supply chain understanding.
• Attention to detail to ensure accuracy in contracts, forecasts and purchase orders and inventory records.
• Proficiency in purchasing and inventory management software, such as S4 HANA.
• Ability to work under pressure and manage multiple priorities in a fast-paced environment.
• Experience working with contract manufacturers.
• Advanced knowledge of procurement principles, negotiations, contracts and supplier management.
• Up to 15% travel may be required.