Strategic Sourcing Specialist

About the Organization

RENK America is a leading supplier in the defense, marine, and industry sectors with superior mobility, propulsion, and drive train solutions. Our tradition is centered on precision-engineered systems for maximum impact, efficiency, and endurance. RENK's ambition is to support each and every one of its customers to exceed standards in harsh conditions and combat situations. RENK America employs over 500 employees at US locations in Muskegon, Michigan; Cincinnati, Ohio; Camby, Indiana; and Roseville, Michigan. RENK America is driven by a sense of pride and purpose in our country and community.

About the Role

The Strategic Sourcing Specialist II will contribute to the development and implementation of sourcing strategies to optimize the procurement of goods and services. This role involves identifying opportunities for cost savings, managing supplier relationships, and ensuring the supply chain aligns with organizational goals.

Responsibilities

• Analyze, develop, and implement long-term spend management strategy within a commodity to ensure sourcing efforts meet business goals and objectives.
• Contribute to activities including supplier assessments and rationalization; negotiate for best total cost of ownership.
• Research and benchmark current commodity market conditions and trends.
• Guide the selection, development, and management of strategic suppliers to meet commodity cost and performance goals.
• Establish a strong network and foster collaboration with customers, suppliers, key stakeholders, and category team members.
• Participate in negotiation and completion of contracts with global strategic and preferred suppliers to maximize benefits.
• Contribute to implementing rigorous and disciplined processes for managing the supply base, including leading periodic business reviews, monitoring, and managing supplier performance.
• Contribute to the development and execution of strategic sourcing plans to meet organizational objectives.
• Analyze market trends and supplier performance to identify opportunities for improvement and cost reduction.
• Negotiate contracts and agreements with suppliers to secure favorable terms and conditions.
• Collaborate with cross-functional teams to understand procurement needs and align sourcing strategies.
• Monitor and manage supplier performance, including quality, delivery, and compliance.
• Evaluate and select suppliers based on their capabilities, financial stability, and alignment with company goals.
• Maintain accurate records of procurement activities and generate reports for management review.
• Ensure adherence to company policies and procedures, as well as legal and regulatory requirements.
• Business travel up to 15% domestic and international.

Requirements

• Bachelor’s Degree in Supply Chain Management, Business Administration, or related field with 2+ years of relevant experience.
• Associate’s Degree in Business Administration or related field with 6+ years of relevant experience.
• Proficient in Microsoft Office (Word, Excel, Outlook).
• Strong negotiation and analytical skills.
• Strong communication and interpersonal skills with the ability to build and maintain relationships with suppliers and internal stakeholders.

RENK America is an equal opportunity employer, including veterans and individuals with disabilities. This is a full-time, exempt position.