What are the responsibilities and job description for the Global Strategic Sourcing Specialist - Direct Spend position at Lincoln Electric?
Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 12,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location: Euclid - 22801
Employment Status: Salary Full-Time
Function: Supply Management/Purchasing
Req ID: 26190
Summary
Lincoln has an outstanding opportunity for a Strategic Sourcing Specialist. The Strategic Sourcing Specialist plays a key role in identifying, evaluating, and selecting suppliers for our organization. The ideal candidate will have a strong understanding of procurement processes, excellent communication skills, and the ability to negotiate effectively.
In addition to competitive pay, Lincoln Electric offers a lucrative annual bonus plan, student loan repayment program PLUS tuition reimbursement, medical/dental/vision, 401(k) with company match, paid time off and many more outstanding benefits!
Key Responsibilities:
- Be part of the global strategic sourcing team responsible for select spend categories in the Lincoln Electric Automation Division, which could include gear boxes, positioners, tooling & fixturing, and others, reporting to a global Strategic Sourcing Manager.
- Conduct research to identify potential suppliers and evaluate their capabilities
- Develop and maintain relationships with suppliers to ensure timely delivery of goods and services
- Negotiate contracts and pricing with suppliers to ensure cost-effective procurement
- Monitor supplier performance and address any issues that arise
- Collaborate with internal stakeholders to understand their procurement needs and requirements
- Develop and implement sourcing strategies to optimize procurement processes
- Stay up-to-date with industry trends and best practices in procurement and sourcing
Experience & Education Requirements
- Bachelor's degree in business, supply chain management, or a related field
- 6 years of experience in procurement or sourcing
- Strong analytical and problem-solving skills
- Excellent communication and negotiation skills
- Ability to work independently and as part of a team
- Proficiency in Microsoft Office and procurement software
- Knowledge of procurement regulations and compliance standards
Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.
