Strategic Sourcing Specialist Job Description
Strategic sourcing specialist
provides the Procure to Pay (P2P) organization with the necessary information to enter new and/ or update system contract agreements in SAP.
Strategic Sourcing Specialist Duties & Responsibilities
To write an effective strategic sourcing specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included strategic sourcing specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyze trade reports regarding market trends and communicating potential or imminent problems and opportunities
It will be expected for the Sourcing Specialist to keep up with supply market trends, supplier economics, and best practice sourcing
Maintain knowledge of and communicate market trends affecting the company related to assigned commodities, primarily in the maintenance, repair and operating supplies (MRO) or service areas of procurement
Manage data related to contracts, material lists, material groups, quotes and outline agreements in SAP
Prepares and evaluates supplier quotations and services to determine the most competitive solution based upon a total cost of ownership
Independently conducts multiple complex sourcing projects
Create, maintain, and monitor an identified category which includes a sourcing strategy (performance of targeted suppliers, high level assemblies, and service parts)
Communicate with product Marketing and Engineering product lifecycle changes due to regulation changes or component obsolescence
Lead the strategic sourcing process of team formation, research, evaluation, and structure
Understand domestic and international Business Law and Intellectual Property
Strategic Sourcing Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Strategic Sourcing Specialist
List any licenses or certifications required by the position: APICS, CPM, ISM, CSCP, CPSM, CPIM, PMP, C.P.M, NAPM, CIPS
Education for Strategic Sourcing Specialist
Typically a job would require a certain level of education.
Employers hiring for the strategic sourcing specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Engineering, Supply Chain Management, Finance, MBA, Business/Administration, Education, Management, Business/Management, Technical
Skills for Strategic Sourcing Specialist
Desired skills for strategic sourcing specialist include:
SAP
Oracle
Ariba & P2P systems
Tools
Trends
Integrated planning system
Procurement tools
Ability to leverage that information in creating customized customer solutions
Anticipating
Approaches
Desired experience for strategic sourcing specialist includes:
Fluency in English (verbal & writing)
Experience in, Sourcing, Supply Chain, desirable
Manage and lead multi-location/global projects with expanded domestic awareness of culture, currency, geography, political, and international exposure
Provide solution/alternatives to improvement ideas
Demonstrate methods for streamlined supplier connectivity
High level of procurement expertise is required to develop, implement, and publish category strategies that result in an aligned supply base to meet the needs of the business on a global basis
Strategic Sourcing Specialist Examples
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Strategic Sourcing Specialist Job Description
Job Description Example
Our innovative and growing company is hiring for a strategic sourcing specialist. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for strategic sourcing specialist
- Administer and support the newsprint system (Abinet) database for newspapers, warehouses, freight forwarders, and suppliers
- Review and implement newsprint and coated paper orders according to allocations and price negotiations
- Establish regular communications with the key internal business partners, to ensure agreement and adoption of category strategies, on-going review of activities undertaken and maintenance of solid client service
- On time availability
- Help identify areas of risk for the business (i.e., delivery of service, quality, performance, timeline, warranty, governance)
- Measure vendor performance against contract SLAs and expectations
- Become a category SME for assigned Preferred Supplier agreements and lead QBRs for the assigned categories
- Obtain multiple quotes from vendors and evaluate pricing and services
- Build transparency of Supplier spend and key risks related to our suppliers
- Promotes and works towards balanced continuous (year-on-year) value improvement for all aspects of quality, service and cost with assigned supply base
Qualifications for strategic sourcing specialist
- Proven track record of success in procuring, managing the supply base, and forecasting prices and availability of component markets to ensure competitive prices and continuity of supply
- Skilled in multi-tier supply chain analysis
- Ability to create spend category strategy with the understanding of interdependences, risks, and impact of strategy by business unit
- Able to develop and implement contingency planning processes
- Experience utilizing freight forwarding/customs clearance services
- Demonstrated methods for streamlined supplier connectivity
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Strategic Sourcing Specialist Job Description
Job Description Example
Our growing company is looking to fill the role of strategic sourcing specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for strategic sourcing specialist
- Negotiate all relevant commercial and other required contract terms with 3rd parties as required
- Review and provide comments and edits on all contracts as required
- Perform make vs
- Delivering a formal process for intake and evaluating technological opportunities so as to guide SCM Leadership in prioritization
- Identify, evaluate, and capitalize on opportunities to reduce sourcing costs by analyzing the organization's technologies
- Work closely with the SCM leadership to build SCM roadmap and actionable plan
- Identify opportunities to increase the leverage of the technological capabilities and processes
- Participate in the review and approve all critical development, testing, and rollout of key technological initiatives aligned within the formal SCM Roadmap
- Manage and measure process performance against KPIs and ROI of technology and knowledge work
- Present and speak to large groups or in training environments about SCM Roadmap and roadmap initiatives
Qualifications for strategic sourcing specialist
- Proactively monitor and evaluate savings opportunities, provide analysis and communicate appropriately to the strategic sourcing team & stakeholders where appropriate
- Skilled in people relationships
- Bachelors degree in Business Management, Supply Chain Management, Accounting or related field
- 0-2 years experience in purchasing or similar field a plus
- Must be detail oriented, ability to multi-task
- Must be eager to learn, show strong initiative and great attitude
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Strategic Sourcing Specialist Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of strategic sourcing specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for strategic sourcing specialist
- Support R&D NPI project teams through milestones and ensure stage gate assignments are completed
- Works with Purchasing Managers to optimize the level loading of buyer work assignments across the organization
- Provides guidance and necessary training to Purchasing personnel
- Mentoring their assigned commodity teams
- Assisting area management in the development of area-specific strategies, goals, and guidelines
- Establishing procedures for documentation and reporting of area and commodity team initiatives and action plans
- Approval of right-sizing actions initiated by commodity teams
- Maintaining area guidelines and PeopleSoft assignments such as commodity team co-leads and supplier strategy
- Analyze and identify low cost sources for all identified commodities
- Evaluate key components to be targeted for cost reduction and / or sourcing strategies
Qualifications for strategic sourcing specialist
- Proactive, with experience navigating complex organizations and juggling multiple priorities and types of work
- Strong technology skills PC, internet/intranet, e-procurement
- Minimum of 5-7 years strategic sourcing experience for facilities services categories
- Computer proficiency in MS Excel, PowerPoint, and Word
- Ideal candidate has a degree in Business Management, Purchasing, or Supply Chain Management with knowledge and/or 3-5 years’ experience in Facilities Management (terminology, metrics, technology)
- Five (5) years minimum of progressive challenging roles in sourcing and procurement with experience for multi-property operations
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Strategic Sourcing Specialist Job Description
Job Description Example
Our growing company is looking to fill the role of strategic sourcing specialist. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for strategic sourcing specialist
- Identify, develop, and implement lowest cost source of supply for each commodity
- Provide in-depth spend analysis, supplier assessments, financial perspective
- Initiate requests for competitive bids
- Oversee contract negotiations and monitors contract implementation
- Conduct supplier performance reviews
- Audit dollars spent to ensure compliance to cost savings initiatives
- Plan successful innovation initiatives with suppliers
- Research, analyze and provide benchmark (industry, cost, best practice) information for assigned categories
- Develop logistics process design and improvement
- Control direction for sourcing goods and services
Qualifications for strategic sourcing specialist
- Ideal candidate would demonstrate a passion for media industry (online, newspaper, broadcast)
- Skilled in identifying and implementing continuous improvement opportunities within the company and the supply base
- BS/BA required preferably with a business or technical emphasis Business Administration or related discipline
- University degree (Technical University/Economical Sciences/Business Administration)
- Minimum 2-3 years experience in strategic sourcing activities, preferably in a production field
- Must be able to periodically travel
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Strategic Sourcing Specialist Job Description
Job Description Example
Our company is looking to fill the role of strategic sourcing specialist. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for strategic sourcing specialist
- Handle key and preferred supplier relationships
- Support suppliers' capabilities to improve the quality, delivery, and reduce the cost of assigned commodity
- Facilitate successful innovation initiatives with suppliers
- Manage projects/new programs when transitioning sources of supply
- Lead the sourcing efforts across Oldcastle for specific products and services
- Guide the active management of supplier relationships on a national basis
- Identify new opportunities to improve value and performance which deliver demonstrable benefits for the business
- Develop management reporting / ad hoc reporting
- Track SLA / KPI results for reporting purposes
- Analyze and document cost savings
Qualifications for strategic sourcing specialist
- Minimum 5 years of experience in Food and Beverage in the hotel, casino and/or restaurant industry, possess overall knowledge of Food and Beverage preparation and presentation analytics
- Three to seven plus years’ experience in Strategic Sourcing or equivalent role(s) leading complex supplier negotiations in a dynamic and diverse IT environment
- Ability to influence internal/external stakeholders independently or with the support of management through the use of effective communication and business analysis skills
- Ability to present/articulate analytical results and facilitate decision making at Sr
- Must be a self-starter who is willing to work on their own initiative and goal focused
- 1-5 years manufacturing, materials or product engineering experience preferred