What are the responsibilities and job description for the Strategic Sourcing Specialist position at GlobalTec?
PURPOSE AND SCOPE:
The Strategic Sourcing Specialist will be responsible for developing and implementing 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:
- Develop and implement a long term spend management strategy within a commodity, ensuring that sourcing activities align with business goals and objectives.
- Obtain, analyze and manage material quotes from suppliers to ensure competitive pricing.
- Lead the strategic sourcing, development, and relationship management of key suppliers to optimize commodity costs and performance.
- Establish a strong network and foster collaboration with customers, suppliers and key stakeholders.
- Negotiate contracts and agreements with suppliers to secure favorable terms and conditions.
- Leverage market insights and supplier performance data to identify and capitalize on opportunities to improve efficiency and reduce costs.
- Collaborate with cross-functional teams to understand procurement needs and align sourcing strategies.
- Oversee supplier performance, ensuring quality, timely delivery, and compliance
- Conduct supplier selection based on a thorough assessment of their capabilities 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.
EDUCATION and TRAINING:
Bachelor’s degree or 3-5 years equivalent work experience
TECHNICAL RESPONSIBILITY:
Excellent computer literacy and analytical skills
EXPERIENCE:
Experience in Defense/Aerospace and electrical assembly purchasing preferred
