Strategic Sourcing Specialist

Ingersoll Rand; Ivyland (PA); On-site; USD 70,000 - 100,000; Full time

Job summary

Ingersoll Rand is seeking a Strategic Sourcing Specialist to lead annual cost reduction programs, manage supplier performance, and collaborate with global teams on sourcing and eAuction initiatives. A strong analytical mindset and excellent communication skills are essential to drive strategic procurement in a manufacturing setting.

The role requires a Bachelor’s degree in a related field and 2–5 years in procurement, planning, and logistics, with exposure to lean methodologies and RFx

Qualifications

• Bachelor's degree in Business, Supply Chain, Engineering, or related field.
• 2-5 years' experience in Procurement, Planning, and Logistics.
• CPIM or CSCP certification, a plus.
• Experience with RFIs/RFQs/RFPs and e-Auction execution.
• Exposure to lean supply chain methodologies such as Kanban and Vendor Managed Inventory.
• Proficient with JD Edwards, MS Office.

Responsibilities

• Execute annual cost reduction program.
• Identify opportunities yielding targeted cost savings and business continuity.
• Perform spend analysis and develop commodity strategies.
• Manage supplier selection and on-going performance to support operations and new product development.
• Coordinate with global sourcing team to conduct eAuction events.
• Prepare and report KPIs at needed frequency and analyze market trends.

Skills

Procurement

Negotiation

Cost reduction

RFx management

Lean supply chain

Analytical thinking

Communication

Data reporting

Education

Bachelor's degree in Business, Supply Chain, Engineering, or related field

Tools

JD Edwards

Microsoft Office (Excel, Outlook, Word)

Job description

Job Title

Strategic Sourcing Specialist

Location

Ivyland, PA

About Us

Imagine a company with technology leadership of over 160 years, yet it operates with the energy of a startup. Ingersoll Rand has dedicated itself to Making Life Better for its employees, customers, shareholders, and planets. We produce innovative and mission-critical flow creation and life science technologies - from compressors to precision handling of liquids, gasses, and powers - to increase industrial productivity, efficiency, and sustainability. Supported by over 80+ brands, our products are used in various end-markets including life sciences, food and beverage, clean energy, industrial manufacturing, infrastructure, and more. Across the globe, we’re driving growth with an entrepreneurial spirit and ownership mindset. Learn more at irco.com and join us to own your future.

Job Summary

We are currently seeking a reliable and organized individual to join our Supply Chain team. This role will be responsible for the development and execution of sourcing strategies which yield targeted cost reduction, while minimizing potential risks. The individual will lead supplier selection and price negotiations, conduct risk assessments, and drive supplier performance improvement in a manufacturing facility. A Strategic Sourcing Specialist works with the local SCM team and global commodity leaders to support organizational strategies, departmental goals, and development of individual competencies while adhering to safety and quality standards. The ideal candidate is consistent, analytical, a great communicator, and can meet deadlines and prioritize multiple projects.

Strategic Sourcing/ Cost Management

• Execute annual cost reduction program
• Identify, prioritize, and execute key opportunities that yield targeted cost savings and business continuity
• Perform spend analysis and develop commodity strategies
• Work closely with local/global SCM colleagues to identify and implement opportunities for global sourcing
• Manage supplier selection and on-going performance to support operations and new product development
• Continuously review the supply base and select suppliers to yield the optimal balance of quality, cost, delivery and risk management
• Participate in regional and global commodity strategy meetings as requested
• Perform on-site supplier assessments as needed
• Compile data, engage suppliers, and develop strategy for eAuctions
• Coordinate with global sourcing team to conduct eAuction events
• Utilize Lean principles to improve the performance of the supply base and team effectiveness: Standard Work, Value Stream Mapping, Transactional Process Mapping, Kanban Systems and Visual Management

Communication

• Partner with Global Commodity leaders to achieve optimal results for the local site
• Work closely with Sr. Buyers, Commodity and Quality Management teams to improve supplier performance

Reporting and Documentation

• Prepare and report KPIs at the needed frequency (daily, weekly, or monthly)
• Assist in the preparation of weekly and monthly reports by acquiring and summarizing data into a concise/actionable format
• Analyze trade reports regarding market trends and best practices
• Develop and execute master contracts including pricing, inventory, and lead-time reductions, and general T&C

Training and Development

• Participate in training programs to improve purchasing skills and product knowledge
• Attend monthly EHS trainings
• Follow all policies and procedures (i.e. report on time and ready to work - Start/Lunch/Breaks)

Product Knowledge

• Stay up-to-date on current practices related to lean Supply Chain Management
• Collaborate with colleagues to expand product knowledge

Quality Control

• Drive continuous improvement of the supply base improving both supplier OTD and quality
• Evaluate and enhance manufacturing processes to minimize issues and defects

Safety Compliance

• Follow all safety guidelines, including wearing appropriate personal protective equipment (PPE)
• Report any safety hazards or incidents to supervisors promptly

Cleanliness and Organization

• Maintain a clean and organized work area
• Follow 5S principles (Sort, Set in order, Shine, Standardize, Sustain)

Qualifications

• Bachelor's degree in Business, Supply Chain, Engineering, or related field, required
• 2-5 years' experience in Procurement, Planning, and Logistics, preferred
• CPIM or CSCP certification, a plus
• Experience with RFIs/RFQs/RFPs and e-Auction execution
• Demonstrated success in the areas of international procurement, negotiation, cost reduction
• Exposure to lean supply chain methodologies such as Kanban, Consignment, and Vendor Managed Inventory programs
• Proficient computer knowledge (i.e. log on credentials (SSO), JD Edwards, and Microsoft Outlook, Word and Excel)

Travel & Work Arrangements/Requirements

• Fully site based
• Climate controlled manufacturing plant
• Protective eyewear and footwear required
• Communication
• Productivity
• Decision making
• Detailed
• Analytical
• Logistics
• Data Validation
• Data Reporting
• Negotiation
• Inventory Management

What We Offer

At Ingersoll Rand, we embrace a culture of personal ownership - taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better. Our range of benefits includes health care options like medical and prescription plans, dental and vision coverage, as well as wellness programs. Additionally, we provide life insurance, a robust 401(k) plan, paid time off, and even an employee stock grant, among other offerings. These benefits are our commitment to you, so you can be your best at work and beyond.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.