We are seeking a Strategic Sourcing Specialist to develop sourcing strategies, manage supplier relationships, and identify opportunities to improve cost, quality, and supply continuity. This role will work closely with internal teams and suppliers to support procurement objectives and drive value across the supply chain.
Position Responsibilities
Strategic Sourcing
- Develop and implement sourcing strategies aligned with business objectives.
- Research markets and identify qualified suppliers and sourcing opportunities.
- Evaluate supplier capabilities, pricing, quality, and overall performance.
- Support sourcing initiatives that improve cost, quality, and supply reliability.
Supplier Management
- Build and maintain strong relationships with strategic suppliers.
- Conduct supplier evaluations and monitor performance against established requirements.
- Support negotiations involving pricing, terms, contracts, and service levels.
- Address supplier issues and coordinate corrective actions when needed.
Cost & Market Analysis
- Analyze market conditions, pricing trends, and supplier costs.
- Identify cost-saving and value-improvement opportunities.
- Develop sourcing reports, recommendations, and performance metrics.
- Monitor procurement activities and ensure alignment with financial objectives.
Cross-Functional Collaboration
- Partner with engineering, operations, finance, quality, and other teams to support sourcing initiatives.
- Coordinate supplier selection, qualification, and implementation activities.
- Communicate sourcing strategies and supplier performance to key stakeholders.
- Support continuous improvement across procurement processes.
Prerequisites
- Bachelor’s degree in Supply Chain Management, Business, Engineering, or a related field.
- Experience in strategic sourcing, procurement, purchasing, or supply chain management.
- Strong negotiation, analytical, and problem-solving skills.
- Experience managing supplier relationships and evaluating supplier performance.
- Knowledge of sourcing strategies, cost analysis, and contract negotiations.
- Strong communication and project management skills.
- Proficiency with Microsoft Office and procurement or ERP systems.
Certifications (Preferred, but not Required)
- Certified Professional in Supply Management (CPSM).
- Certified Supply Chain Professional (CSCP).
- Certified Professional in Procurement (CPP).
- Certified Purchasing Professional (CPP).
- Lean Six Sigma certification.
What the Role Offers
- Salary: $117,000–$141,000 annually
- Opportunity to lead strategic sourcing and supplier initiatives.
- Exposure to cross-functional supply chain and procurement operations.
- Opportunities to drive cost savings and process improvements.
- Professional growth and development opportunities.
Why Tysons?
Tysons provides a strong business environment with access to corporate organizations, suppliers, and diverse industries. The area offers opportunities for sourcing professionals to collaborate across functions, manage supplier relationships, and contribute to strategic procurement and supply chain initiatives.