Strategic Sourcing Specialist
Strategic Sourcing Specialist
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Job Description
Job Title: Strategic Sourcing Specialist
Location: Newark NJ 07192
Duration: 14 months (with possible extension)
Position Summary
This role focuses on securing longterm competitive advantages to maximize value in both direct and indirect procurement. The Strategic Sourcing Specialist is responsible for developing and executing robust sourcing strategies including price risk management longterm supply assurance material quality and responsible sourcing. This position requires collaboration with key business stakeholders to support organizational objectives.
Key Responsibilities
- Develop and execute global procurement strategies that align with organizational goals enhancing supply chain efficiency and driving cost reductions.
- Work closely with crossfunctional teams including R&D manufacturing and quality assurance to identify procurement requirements and align them with project timelines.
- Oversee supplier selection negotiations and performance evaluation to ensure quality reliability and costeffectiveness of goods and services.
- Analyze market trends and supplier landscapes to uncover opportunities for innovation and cost savings.
- Lead risk management initiatives to prevent supply chain disruptions and ensure continuity in operations.
- Build and maintain strong relationships with key suppliers and stakeholders to foster collaboration and promote continuous improvement.
- Track and report on procurement metrics and KPIs to evaluate performance and support strategic decisionmaking.
- Ensure adherence to procurement policies procedures and best practices to maintain compliance.
- Maximize value for money by leveraging external capabilities optimizing and safeguarding the supply chain and ensuring the responsible uninterrupted supply of materials services and finished goods.
Employment Type
Full Time
