Job Description: Sourcing Specialist
The Sourcing Specialist plays a crucial role in ensuring the continuity and security of supply for high-quality goods and services at competitive prices, while minimizing contractual risks.
The incumbent will actively manage and optimize supplier relations through commercial negotiations, tender processes, and contract management. They support the business by conducting spend analysis and executing strategic sourcing initiatives.
The Sourcing Specialist must develop cost baselines, lead market research to assess competitor contracts, and possess excellent knowledge of the quantitative analyses required in sourcing processes.
Key Responsibilities
- Sourcing: Collect and analyze key cost drivers, market dynamics, innovation areas, and alternative suppliers for high-risk areas with few alternatives and high costs to change. Consult with relevant functions to provide solid market information for decision-making.
- Buying: Identify, select, and negotiate with vendors on product selection, assortment, and pricing for medium to large categories of products or services.
- Contract Management: Manage a portfolio of contracts, negotiate service-level agreements, and plan, coordinate, and supervise activities related to major contracts. Identify requirements, prepare specifications, and make recommendations regarding contract continuation or termination.
- Supplier Management: Monitor and review supplier performance, identify gaps, and recommend improvements or changes in contracts or suppliers.
- Bid Solicitation: Gather and report information related to bid solicitations, including RFPs and RFTs, assessing project requirements and feasibility.
- Administration: Develop administrative processes within SCM, support tender processing and sourcing events.
- Bid Evaluation: Lead tender evaluation processes, ensure correct criteria and methodologies are applied, and coordinate stakeholder communication.
- Proposal Development: Gather information, draft, and complete proposals for complex bid solicitations, possibly leading a team to develop tenders and proposals.
- Data Analysis: Use data from various sources to analyze key themes and assess impacts on the business.
- Document Preparation: Prepare routine correspondence and reports using standard office software.
Requirements
- Education: Bachelor's degree in Supply Chain Management, Logistics, Business, or related field.
- Experience: 2-3 years in Supply Chain Management or CIPS Level 4 in construction or property industry. Knowledge of statutory requirements, BBBEE legislation, and procurement spend regulations.
- Skills: Strong negotiation skills, knowledge of supply management processes and systems, understanding of technical and operational business requirements, proficiency in Microsoft Office (F&O advantageous), and experience with MS Dynamics and MDA.
If you do not receive a response within 10 working days, please consider your application unsuccessful.