Strategic Sourcing & Supplier Optimization Lead

Firstenergy; Honolulu (HI); On-site; USD 90,000 - 120,000; Full time

Job summary

Firstenergy in Chandler, Arizona is seeking a Strategic Sourcing Specialist to explore new suppliers, identify cost reduction opportunities, and optimize specifications with the engineering team to deliver cost-effective, high-quality solutions.

You will lead supplier selection, price analysis and negotiations, manage supply contracts, and support inventory and risk mitigation across the supply chain, with a focus on value engineering and make-or-buy decisions.

Responsibilities

• Exploring for new suppliers & sourcing opportunities locally and internationally
• Identification of supply chain optimization leading to the implementation of CC7 cost reduction projects
• Challenging and optimization of product specification in close cooperation with the engineering team to allow for the most cost effective and high total quality solutions
• Responsible for the supplier selection process including price analysis and price negotiations
• Optimization of the supply chain process
• Provide support to the inventory management activities together with the planning and production team
• Ensure the procurement function’s early involvement and participation on teams for second sourcing of suppliers and obsolesce issues and cost savings
• Create and manage commercial terms of supply and implement supply agreements with key suppliers
• Create and manage commodity and supply strategy in order to deliver value to the STC by driving down product cost and maximizing quality. This may include value engineering, price and quotation analysis, supplier development & rationalization, make vs. buy decisions, and outsourcing low value add operations.
• Lead and manage supplier and component transfers to support product transfer projects and report in project meetings
• Identify risks to supply and develop and implement plans or policies to mitigate these risks
• Perform other duties as assigned

Skills

Strategic sourcing

Cost reduction

Negotiation

Job description

Firstenergy in Chandler, Arizona is seeking a Strategic Sourcing Specialist to explore new suppliers, identify cost reduction opportunities, and optimize specifications with the engineering team to deliver cost-effective, high-quality solutions.

You will lead supplier selection, price analysis and negotiations, manage supply contracts, and support inventory and risk mitigation across the supply chain, with a focus on value engineering and make-or-buy decisions.