What are the responsibilities and job description for the Strategic Sourcing Specialist - Catalyst Manufacturing position at Lummus Technology?
Strategic Sourcing Specialist - Catalyst Manufacturing
Department : Supply Chain
Employment Type : Permanent - Full Time
Location : Bloomfield - New Jersey
Description
Lummus Technology is searching for a Strategic Sourcing Specialist. A Strategic Sourcing Specialist is responsible for identifying, evaluating, and selecting suppliers to meet the organization's purchasing needs while driving value and optimizing costs. This role involves analyzing the raw material market, negotiating contracts, managing supplier relationships, and ensuring supply chain efficiency. Align sourcing strategies with the Demand Plan, focusing on cost reduction, quality improvement, and risk mitigation. We are looking for someone with strong leadership, collaboration, and analytical skills.
Key Responsibilities
- Responsible for the overall relationship, onboarding, and evaluation of suppliers.
- Researching and selecting potential suppliers based on quality, cost, delivery performance, and other criteria.
- Leading negotiations on pricing, terms, conditions, and agreements to secure favorable contracts.
- Continuously seeking ways to reduce costs through strategic sourcing, bulk purchasing, or process improvements.
- Assessing potential risks in the supply chain, such as disruptions, regulatory issues, or geopolitical factors, and developing contingency plans.
- Building and maintaining strong relationships with key suppliers to ensure quality and reliability.
- Keeping up to date with market trends, supplier capabilities, and competitive pricing to inform sourcing decisions.
- Using data to track spending, measure supplier performance, and analyze the effectiveness of sourcing strategies.
- Work closely with procurement, finance, logistics, sales, and demand planning to align sourcing with broader organizational objectives.
- Other duties may be assigned.
Skills, Knowledge & Expertise
Qualifications and Experience :
Knowledge, Skills and Abilities :
Job Benefits
Paid Time Off
Medical Insurance
Prescription
Health Savings Account
Health Advocate
Dental
Vision
Flexible Spending Account
Health care, Dependent care and Limited Purpose)
Employee Assistance Plan
Basic Life and AD&D Insurance
Voluntary Life and AD&D (employee, spouse and child)
Short Term Disability
Long Term Disability
Voluntary Critical Illness and Hospital Indemnity
Identify Theft
Pet Insurance
Legal
Commuter Benefit Plan
Lummus Savings Plan