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Open nowPosted yesterday

Senior Strategic Sourcing Specialist

Formova257 open roles

Where
US - Sabetha - Commerce Drive
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Your applicationOpen nowSenior Strategic Sourcing SpecialistFormova · US - Sabetha - Commerce Drive
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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Formova postings stay open a median of 42 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.7%14 days
  5. 35.6%30 days
  6. 58.0%60 days
This job: posted yesterday

Formova median: 42 days open

The posting

  • Develop and execute global sourcing strategies to improve service, quality and total cost of ownership across a global spend portfolio
  • Travel to Supplier as part of the Supplier Qualification process
  • Manage supplier collaboration to drive innovation and gain a competitive advantage
  • Execute on projects that will achieve year over year price savings within the managed category
  • Lead cost excellence processes across assigned category
  • Support new product development process by managing supplier selection, launch schedule and cost target
  • Conduct commodity specific competitor and industry analysis to identify cost, material selection, manufacturing techniques and materials sourcing to improve the company’s competitive position
  • Work in collaboration with R&D, QA/QC, manufacturing, supply chain to qualify new sources of supply and to seek value engineering opportunities to lower total cost of products
  • Play an active role in resolving critical quality and delivery issues with suppliers; comprehensive ownership of supplier performance.
  • Conduct regular benchmarking to evaluate costs and capabilities of incumbent and potential suppliers globally
  • Negotiate, implement and manage supplier contracts, exclusivity and NDA agreements
  • Drive continuous improvement to help improve profitability and drive supply base reduction
  • Maintain broad knowledge of global market trends for assigned categories
  • Maintain accurate Sourcing vendor records and master data within all ERP systems
  • Conduct Make vs Buy Analysis on products
  • Develop and execute global sourcing strategies to improve service, quality and total cost of ownership across a global spend portfolio
  • Safety is every employee’s responsibility. This position is responsible for ensuring their personal safety, the safety of teammates and visitors. It is the responsibility of all employees that safety practices are understood and followed by team and visitors.
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