Strategic Sourcing Specialist

Rite-Hite; Dubuque (IA); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Health & Dental coverage or insurance

401(k) with company match

Paid holidays and vacation

Job summary

Rite-Hite, a global leader in loading dock and door equipment, is seeking a Strategic Sourcing Specialist to manage supplier relationships, develop cost-reduction strategies, and drive value through competitive sourcing.

You will collaborate with engineering, operations, and quality to ensure supplier qualification, execute RFx processes, and optimize material costs while maintaining high quality and on-time delivery.

Qualifications

• Bachelor’s Degree in Engineering, Supply Chain, Business or Operations or related field.
• 3 years’ experience in Strategic Sourcing or related work environment.
• Knowledge of supplier contracts, product conformity, quality toolbox and problem-solving methodologies.
• Proficiency in data analysis and relevant procurement tools.
• Proven ability to assess, negotiate, and manage suppliers effectively.
• Strong collaboration, facilitation, and conflict resolution skills in a matrixed environment.
• Excellent verbal and written communication skills.

Responsibilities

• Identify and deliver material cost productivity to burden through TCO improvements and design-to-cost initiatives.
• Manage supplier expectations and performance, driving corrective action and improvements as prescribed using data analytics.
• Develop, negotiate, and execute agreements with suppliers for best-in-class services.
• Lead New Product Innovation projects from sourcing side leveraging preferred supplier programs.
• Identify new suppliers to support life cycle product strategy for new, existing, or end-of-life products.
• Utilize Supplier Relationship software to support improved supplier execution.
• Develop RFx processes, analysis and reporting of benchmarking information with risks and compliance issues.
• Optimize supply chain by focusing on market-driven responsiveness and material management escalations.
• Collaborate with engineering, operations, quality, and other stakeholders to ensure supplier qualification and high quality standards.
• Partner with Procurement and Engineering teams to facilitate smooth supplier transitions.
• Conduct thorough RFx processes to select and negotiate contracts with optimal terms and conditions.

Skills

Strategic sourcing

Supplier management

Data analytics

Negotiation

Cross-functional collaboration

Excel

BI tools

Education

Bachelor’s Degree in Engineering, Supply Chain, Business or Operations or related field

Tools

Oracle ERP

JDE ERP

Power BI

Tableau

Job description

At Rite-Hite, your work makes an impact. As the global leader in loading dock and door equipment, we design and deliver solutions that keep our customers safe, secure, and productive. Here, you’ll find innovation, stability, and the chance to grow your career as part of a team that’s always looking ahead.

Working cross-functionally, the Strategic Sourcing Specialist is responsible for several diverse actions within the organization, with principal focus on sourcing, supplier management, and supplier development, maintaining an agile and aggressive supply base while procuring high quality goods at a fair and competitive price.

This role also manages the execution of sourcing strategies that produce tangible value through the implementation of new product development and value analysis value engineering processes and projects that yield a reduced total cost of material acquisition, revenue and gross margin improvement, supply base alignment, enhanced product quality, and overall reduction of risk.

ESSENTIAL RESPONSIBILITIES:

• Identify and deliver material cost productivity to the cost of goods sold leveraging continuous improvement methodologies including Total Cost of Ownership (TCO) improvements through VA/VE, should-cost modeling, price negotiation and design-to-cost initiatives.
• Manage supplier expectations and performance, driving corrective action and improvements as prescribed using data analytics
• Develop, negotiate, and execute agreements with suppliers that provides best in class services
• Lead New Product Innovation projects from sourcing side by leveraging preferred supplier programs
• Identify new suppliers to support life cycle product strategy for new, existing, or end of life products
• Utilize Supplier Relationship software to support improved supplier execution
• Develop comprehensive RFx processes, analysis and reporting of benchmarking information including potential risks and financial, capacity, quality, and compliance issues associated with suppliers.
• Optimize the supply chain of goods and services from our suppliers to our customers by focusing on market driven responsiveness and Aid in material management escalations
• Internal Stakeholders: Collaborate effectively with key stakeholders (engineering, operations, quality, etc.) to understand sourcing requirements, ensure supplier qualification, and maintain high quality standards.
• Cross-functional Teams: Partner with business unit Procurement and Engineering teams to facilitate smooth supplier transitions.
• Supplier Selection: Conduct thorough RFx processes to select and negotiate contracts with optimal terms and conditions.

EDUCATION and/or EXPERIENCE

• Bachelor’s Degree in Engineering, Supply Chain, Business or Operations or related field OR equivalent work experience
• 3 years’ experience in Strategic Sourcing or related work environment
• Knowledge of supplier contracts, product conformity, quality toolbox and problem-solving methodologies
• Proficiency in data analysis and relevant procurement tools.
• Proven ability to assess, negotiate, and manage suppliers effectively.
• Strong collaboration, facilitation, and conflict resolution skills in a matrixed environment.
• Excellent verbal and written communication skills.

Preferred Qualifications:

• Experience with Business Intelligence (BI) software such as Power BI, Tableau, etc.
• Experience with ERP and Supplier Relationship software packages e.g. Oracle, JDE, etc.
• Familiarity with Continuous Improvement and Six Sigma concepts & methodologies
• Strong business acumen, including demonstrated knowledge of the four main financial statements
• Strong negotiation skills
• Advanced proficiency in Microsoft Office Suite, especially Excel.
• Spanish language skills are a plus.

Ideal if You Are:

• A strategic thinker with strong analytical and problem-solving skills.

• Results-oriented and thrive in achieving ambitious goals.

• An effective communicator and collaborator with excellent interpersonal skills.

• Proactive, self-motivated, and capable of working independently and in teams.

• Passionate about continuous improvement and innovation.

• Ability to interpret data and database application knowledge.

• Knowledgeable of purchasing techniques including strategic supplier concepts.

• Knowledgeable of supply solutions that optimize business investment costs.

This role offers a challenging and rewarding opportunity to contribute to the success of a global leader in the manufacture, sale, and service of equipment for loading docks, industrial doors, safety barriers, and industrial fans.

What We Offer

• Health & Well-being: Comprehensive medical, dental, and vision coverage, plus life and disability insurance. A robust well-being program with an opportunity to receive an extra day off and more.

• Financial Security: A strong retirement savings program with 401(k), company match, and profit sharing.

• Time for You: Paid holidays, vacation time, and personal/sick days each year.

Join us and build a career where you’re supported – at work and beyond.

Rite-Hite is proud to be an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under federal, state, or local law. In accordance with VEVRAA, we are committed to providing equal employment opportunities for protected veterans. We are also committed to maintaining a drug-free workplace for the safety of our employees and customers.