Strategic Sourcing Specialist

Filtration Group; Des Plaines (IL); On-site; USD 100,000 - 120,000; Full time

Job summary

Filtration Group, located in Des Plaines, Illinois, is seeking a Strategic Sourcing Specialist to lead sourcing activities. This role involves developing performance criteria, negotiating with suppliers, and analyzing supplier data to drive cost reductions. Candidates should have at least 4 years of experience in purchasing or supply chain roles and strong analytical skills.

The ideal candidate will be proficient in Microsoft Excel and possess excellent interpersonal and negotiation skills. A continuous improvement mindset is crucial to succeed in this position.

Qualifications

• 4+ years of recent experience in a purchasing or supply chain role
• Strong Microsoft Excel skills including pivot tables and v-look ups
• Proven negotiation skills and ability to lead problem-solving activities

Responsibilities

• Develop key performance criteria and measure supplier performance
• Research and qualify suppliers for sustainability
• Analyze data for cost reductions and supply chain efficiencies
• Implement inventory optimization strategies
• Negotiate price, quantity, and delivery schedules with suppliers

Skills

Interpersonal skills

Analytical skills

Microsoft Excel

Negotiation skills

Education

Bachelor's degree in Business or related field

Tools

ERP systems

Job description

Overview

Reporting to the Director of Strategic Sourcing and working closely with operations and sales, the Strategic Sourcing Specialist will be responsible for all sourcing activities within the Filtran organization. He/she will support in analyzing the supplier landscape, support in new business quotations, manage supplier critical documentation and support in driving sourcing and cost reduction activity.

Responsibilities

• Develops key performance criteria and measures supplier’s performance
• Research and qualifies suppliers for sustainability
• Purchase products that meet the quality standards and quantity set forth by Filtran
• Develops and maintains key supply chain and operations information
• Analyzes data to identify opportunities for cost reductions and supply chain efficiencies
• Supports project initiatives focusing on cost reductions/process improvements
• Reviews data and makes recommendations to optimize the supply chain and/or operations
• Participate in make-buy studies
• Updates Strategic Sourcing Funnel data and supports preparation of commodity strategies as required
• Develops and supports a variety of reporting requirements, including but not limited to cost reductions, transition status of key initiatives, payment terms, inventory, etc.
• Implementing inventory optimization strategies within the company.
• Obtaining quotes from different suppliers.
• Negotiating price, quantity, and delivery schedules with suppliers.
• Working with legal counsel to ensure that all contracts relating to product procurement contain all details of the negotiation.
• Assessing quotes and compiling a detailed assessment of cost breakdowns.
• Generating quote comparisons and contributing to internal supplier selection based on the quotes.
• Providing solutions to improve company spending and outsourcing.

Qualifications

• 4+ years of recent experience in a purchasing or supply chain role
• Excellent interpersonal, verbal, written, relationship building, and project management skills.
• Working knowledge of supply chain and total cost of ownership principles required. Ability to work independently, seek guidance when required and drive projects in a matrix environment. Continuous improvement mindset. Positive communications skill, high energy level and a desire to succeed are all integral to the role
• Understanding of demand planning, materials management and quality assurance and systems in a production setting
• Analytical, ability to review and interpret data and make recommendations and decisions
• High attention to detail, ensuring accuracy of materials
• Strong Microsoft Excel skills (including, but not limited to pivot tables, v-look ups, charts, and graphs)
• Ability to manage multiple projects working independently and on global teams
• Flexible, learns quickly, adapt to changing needs with the varying priorities of the organization
• Ability to problem solve and lead others in problem-solving activities
• High integrity and ethics, ensures confidentiality of all pricing strategies for the organization
• ERP knowledge and experience preferred

Additional Skills

• Solid negotiation skills

Salary Range: $100,00-$120,000