Strategic Sourcing Specialist
Current• Support Sourcing Team in the development, promotion, and execution of strategies with defined plans for cost savings, service level agreements and risk assessment.• Lead sourcing projects and negotiations with suppliers to improve cost, service, quality, and inventory for designated spend/categories.• Provide analysis of spend data, price fluctuations, and market trends to prioritize and launch sourcing initiatives within designated spend/categories.• Analyze current spend and evaluate current suppliers. Consolidate spend across our supply base to create leverage, analyze purchasing trends and develop sourcing alternatives.• Use of competitive bid process to ensure we have the best possible pricing.• Responsible for strategic supplier relationships and performance. Support in business reviews with top suppliers and regularly re-evaluate supplier ranking within designated spend/categories.• Support new supplier qualification process and other process improvement projects within the business.• Become a subject matter expert in designated spend/categories through external research, benchmarking and analyzing cost drivers and life cycle costs. Provide market intelligence and category price trends.• Promote continuous improvement of productivity and efficiency of sourcing processes throughout the organization.