Strategic Sourcing Lead: Cost & Supplier Optimization

Prime-Line Products; California (MO); On-site; USD 75,000 - 100,000; Full time

Job summary

Prime-Line Products is seeking a Strategic Sourcing Analyst to develop and execute sourcing strategies that support product development, supplier optimization, and cost management. This role partners with Product Development, Packaging, Supply Chain, and Operations leadership to identify opportunities, manage supplier relationships, and drive cost reduction initiatives.

The ideal candidate has 5+ years of progressive sourcing experience, strong analytical and financial acumen, and proven

Qualifications

• Bachelor's degree in relevant field and 5+ years in sourcing/procurement.
• Experience negotiating supplier pricing and terms.
• Experience working with Asian suppliers, especially manufacturers in China.
• Strong analytical and financial acumen with the ability to evaluate cost structures and business impact.
• Advanced proficiency in Excel, including data analysis and reporting.

Responsibilities

• Develop and implement sourcing strategies for new and existing product categories.
• Evaluate and select suppliers based on cost, quality, capacity, service, lead time, and strategic fit.
• Independently assess supplier capabilities and make recommendations regarding supplier selection, allocation, and rationalization.
• Lead supplier negotiations involving pricing, commercial terms, lead times, and service agreements within established authority levels.
• Identify and implement supplier consolidation opportunities that improve efficiency and reduce total cost of ownership.
• Monitor supplier performance and determine appropriate corrective actions when performance standards are not met.
• Analyze supplier quotations, cost structures, market conditions, and sourcing alternatives to support business decisions.
• Identify, recommend, and implement cost reduction initiatives that contribute to annual savings objectives.
• Evaluate raw material trends, market dynamics, and industry developments to proactively mitigate cost risks.
• Prepare business cases and recommendations for sourcing, supplier, and product-related decisions.
• Provide management with strategic recommendations regarding sourcing opportunities, risks, and supplier performance.
• Lead SKU rationalization and supplier optimization initiatives across assigned product categories.
• Analyze product profitability, supplier concentration, and sourcing efficiency to identify improvement opportunities.
• Recommend sourcing and product portfolio changes that support long-term business objectives.
• Collaborate with cross-functional stakeholders to execute approved sourcing and product initiatives.
• Serve as a primary sourcing representative on new product development, packaging, and product change initiatives.
• Influence project decisions by providing sourcing expertise, cost analysis, and supplier recommendations.
• Collaborate with internal stakeholders to resolve supplier, product, specification, and packaging issues.
• Establish priorities and coordinate sourcing activities to ensure timely execution of strategic projects.

Skills

Strategic Sourcing

Supplier Negotiations

Cost Analysis

Excel Proficiency

Stakeholder Management

Education

Bachelor's degree in Supply Chain Management

Tools

SAP

ERP Systems

Job description

Prime-Line Products is seeking a Strategic Sourcing Analyst to develop and execute sourcing strategies that support product development, supplier optimization, and cost management. This role partners with Product Development, Packaging, Supply Chain, and Operations leadership to identify opportunities, manage supplier relationships, and drive cost reduction initiatives.

The ideal candidate has 5+ years of progressive sourcing experience, strong analytical and financial acumen, and proven