Strategic Sourcing Specialist

GRUNDFOS; Indianapolis (IN); Hybrid; USD 70,000 - 90,000; Full time

Job summary

A leading company in water technology is seeking a Strategic Sourcing Specialist to enhance its supply chain operations in Indianapolis. This hybrid role involves identifying new suppliers, auditing their capabilities, and implementing strategies for inventory optimization. The ideal candidate will have a strong background in sourcing, a relevant degree, and significant experience in supplier management, contributing to the company's mission of sustainability and innovation.

Benefits

Paid time off for volunteering

Competitive medical, dental, and vision plans

401(k)-match program

Long-term career development opportunities

Qualifications

• 5+ years' experience in purchasing or sourcing activities.
• Knowledge of casting and fabrication commodities.
• Ability to read engineering drawings and specifications.

Responsibilities

• Identify potential new suppliers and conduct supplier visits.
• Prepare RFQ packages, manage supplier audits and performance evaluations.
• Implement inventory optimization strategies.

Skills

Supplier Evaluation

Continuous Improvement

Contract Management

Manufacturing Knowledge

Education

Bachelor's degree in supply chain management, engineering or relevant field

Job description

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Peerless: having no equal; matchless, unrivaled. At Peerless, a Grundfos subsidiary, our team of experts come together with a common passion for manufacturing sustainable pumps that provide peace of mind. Our pumps create more reliable food supplies, clean and safe water, and keep life and property safe around the globe. For nearly a century, the Peerless brand has helped keep people safe where they live, work, and play. We are Pioneers. We are united. We are Peerless! Join our united team!

What is the job about?

As a Strategic Sourcing Specialist, you will be responsible for identifying, onboarding and developing new external suppliers to become key partners to Peerless. The Strategic Sourcing Specialist will also be a key participant in the continued development of the existing supply base.

This position reports directly to our Senior Quality and Sourcing Manager and will operate out of the Indianapolis, IN facility in a hybrid function.

Your main responsibilities:

• Identify potential new suppliers with manufacturing capabilities and business models that match Peerless business needs - specific to casting and fabrication commodities.
• Conduct supplier visits, establishing initial vendor relations and evaluating potential future business relations.
• Working with legal counsel to ensure that all contracts relating to product procurement contain all details of the negotiation.
• Prepare RFQ package and manage the process.
• Conduct detailed supplier audits to gauge full capability, performance and business fit, and make recommendations for the next steps.
• Manage parts sampling and approval process for select suppliers.
• Lead full boarding of selected new suppliers.
• Conduct new supplier performance evaluation.
• Participate in performance management of existing supply base.
• Implementing inventory optimization strategies within the company.
• Assessing quotes and compiling a detailed assessment of cost breakdowns, utilizing Total Cost of Ownership concept (TOCO).
• Key member of Peerless cross-functional sourcing team for castings & Fabrications.

We imagine that you have:

• Proven track record from previous strategic sourcing activities, growing and improving external supply base.
• Detailed knowledge of casting and fabrication commodities and their manufacturing processes.
• Some previous experience with sand casting, investment casting, and other casting technologies (i.e. lost foam, vacuum cast, etc..).
• Knowledge of manufacturing technologies and machining processes.
• Ability to read and interpret engineering drawings, specifications and quality standards.
• Experience using various supplier evaluation and auditing tools.
• Continuous Improvement experience.
• Experience in Contract Management.
• Knowledge of Supply Chain planning and MRP.
• Experience from a Make to Order manufacturing environment.
• Bachelor's degree in supply chain management, engineering or another relevant field or equivalent experience.
• 5+ years' experience in purchasing or sourcing activities; quality or engineering background.

What’s in it for you?

What are your goals? Here at Peerless, it’s our mission to enable you develop and fulfil both your career and personal aspirations. You’ll find that your fresh ideas will be welcomed and make a difference in how we conduct our business.

In addition, your day-to-day benefits as a regular, full-time employees include:

• Paid time off for volunteering; up to 20 paid vacation days. Vacation hours are accrued on a prorated basis, based on your hire date within the calendar year.
• Competitive medical, dental, and vision plans; 401(k)-match program.
• Diverse, inclusive environment with employee-led forums offering colleagues a safe place to connect and share openly.
• Long-term career development with regular dialogue, as well as continuous learning and development opportunities.

If this job sounds interesting, please send your resume and cover letter by clicking “Apply”.

Or If you would like to dig deeper into the Peerless universe, pleasevisit us and check out why our employees arePeerless .

Grundfos needs and welcomes professional people from all corners and backgrounds by providing equal employment opportunities for all applicants and employees and prohibits discrimination and harassment of any type. Employment decisions at Grundfos are based on business needs, job requirements, and individual qualifications without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. All qualified applicants are encouraged to apply. Learn more about your rights as anapplicant andpay transparency .Accommodations are available for applicants with disabilities.

Workplace: Hybrid (office and home-working)

Job Location: Indianapolis, Indiana, United States

Grundfos is one of the world’s leading water technology companies with more than 19.000 employees in 60+ countries all over the world. Our skills commit us to pioneering solutions to the world’s water and climate challenges and improve the quality of life for people. We dare to do things that others cannot or dare not do, as we believe innovation is not only a business opportunity, but an obligation. And what really matters to us is not short term profit, but the impact we make. By becoming part of our united powerful team, you too can drive this change no matter your role.

An inclusive team

We believe that the key to a work environment, where employees thrive and grow, is our ability to celebrate and value our differences in background, experiences and perspectives. In our recruitment process we welcome all professional people without consideration of age, colour, gender identity, national origin, physical or mental disability, ethnicity or religion.

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