Strategic Sourcing Lead

Title: Strategic Sourcing Lead

Position Type: Full-Time/Regular

Division: Rubber Fab                  

Department: Supply Chain

Location: Sparta, NJ

Job Summary & Job Duties

JOB SUMMARY:
Works closely with the Supply Chain Manager to ensure supply chain operations and key vendors contracts are met. Purpose of this position is to focus on strategic sourcing activities across the supply base, such as capacity constraints, supply chain risk mitigation and cost reduction efforts. Will work with Executive Supply Chain Team to follow structured negotiation processes to conduct supplier negotiations and contracting. Able to manage processes, create efficiencies and control costs using ERP system and software tools. This position leads new source development as well as continuous improvement. This position will also have operational purchasing responsibility for assigned product and service categories.

ESSENTIAL FUNCTIONS:
● Develops and executes cost reduction and sourcing strategies in a purchasing environment.

● Purchase order management including PO placement, tracking, expediting, and amending PO’s as necessary.
● Analyze spend data to identify and execute cost-savings, cost-avoidance, and value-analysis/value engineering (VA/VE) opportunities.
● Promote excellence in sourcing processes across the company.

● Prepare and manage competitive bids, including document preparation, proposal review, price analysis, negotiation of price and contract terms, scope review, and recommending selected bidders.
● Provide sourcing support and guidance to internal stakeholders in preparation of procurement.
● Evaluate and recommend sourcing opportunities to lower costs and reduce risk.
● Negotiation of long term agreements with performance clauses, escalation and de-escalation clauses and year over year performance requirements.
● Negotiates high quality at best value. Works with Quality organization to systematically select suppliers and alternative sourcing.
● Responsible for performance of assigned suppliers in coordination with the Quality organization.
● Develops new supply sources where vendors and suppliers are no longer competitive.
● Proactively and routinely interacts with suppliers and QA to resolve quality issues.
● Works with Supply Chain Manager to establish new supply chain tools, policies, processes, systems and procedures to achieve world-class performance.
● Work with key suppliers on capacity analysis, surge capacity and lead time reduction plans.

Minimum Qualifications

● BS/BA degree in technical field preferred; Business Administration or degree in related field will be considered.
● Minimum 5 years of increasingly complex professional experience in materials management or related field, including a minimum of 3 years’ experience of effectively selecting and developing suppliers.
● Must have strong negotiation skills.

● Ability to travel up to 20% to supplier facilities.
● Ability to create and interpret supply agreements, vendor managed inventory programs, export control laws and regulations, MRP plans, cost benefit analyses and other supply chain processes and procedures.
● Demonstrates the ability to lead and positively influence others.
● Demonstrates a professional and positive attitude.

PHYSICAL REQUIREMENTS:
While performing the duties of this job, the employee is regularly required to talk and hear. The employee is occasionally required to stand; walk; sit; use hands to handle and feel material, as well as reach with hands and arms. The employee must occasionally lift and/or move up to 35 pounds. The noise level in the work environment is usually moderate.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.