Remote Sourcing Specialist

Placements24; Sandton; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

Paid time off and holidays

Professional development opportunities

Retirement savings plan

Flexible work hours

Job summary

Placements24 is seeking a highly skilled Sourcing Specialist to join a fully remote procurement team. You will identify, evaluate, and onboard suppliers, negotiate terms, and drive cost efficiencies from a remote setting to support the company’s goods and services.

You will conduct market research, run RFPs/RFQs, manage supplier relationships, analyze spend data, and ensure compliance with policies and regulations.

Qualifications

• Bachelor's degree required in a related field.
• Minimum 4 years in sourcing, procurement, or closely related field.
• Demonstrated success in negotiating contracts and achieving cost reductions.
• Strong analytical skills with the ability to interpret data and make informed decisions.

Responsibilities

• Conduct market research to identify suppliers and assess capabilities and financial stability.
• Develop and execute RFPs, RFQs, and other sourcing documents.
• Lead negotiations with suppliers to achieve optimal pricing, delivery schedules, and contract terms.
• Manage supplier relationships with regular performance reviews and collaboration.
• Analyze spend data and market intelligence to identify cost-saving opportunities.
• Ensure procurement activities comply with policies, ethics, and regulations.
• Collaborate with internal stakeholders to align procurement with business objectives.
• Maintain accurate supplier databases and procurement records.
• Prepare reports on sourcing activities, supplier performance, and cost savings.
• Stay informed about industry trends, technologies, and best practices in sourcing and procurement.

Skills

Analytical skills

Communication skills

Negotiation

Excel

Education

Bachelor's degree in Supply Chain Management

Tools

SAP

Oracle

Excel

Job description

About the Role

Our client is seeking a highly skilled and results-oriented Sourcing Specialist to join their fully remote procurement team. This role is pivotal in identifying, evaluating, and onboarding new suppliers, as well as managing existing supplier relationships to ensure the company secures the best possible terms, pricing, and quality for its goods and services. The ideal candidate will be a proactive negotiator with a strong understanding of market dynamics and a proven ability to drive cost efficiencies from a remote setting. This is an excellent opportunity for a dedicated professional to contribute significantly to our client's success without the need for geographical relocation.

Key Responsibilities

• Conduct thorough market research to identify potential suppliers and assess their capabilities and financial stability.
• Develop and execute RFPs, RFQs, and other sourcing documents to gather competitive bids.
• Lead negotiations with suppliers to achieve optimal pricing, delivery schedules, and contract terms.
• Manage and nurture relationships with key suppliers, conducting regular performance reviews and fostering collaboration.
• Analyze spend data and market intelligence to identify opportunities for cost savings and process improvements.
• Ensure all procurement activities comply with company policies, ethical standards, and relevant regulations.
• Collaborate with internal stakeholders to understand their needs and ensure procurement strategies align with business objectives.
• Maintain accurate supplier databases and procurement records.
• Prepare reports on sourcing activities, supplier performance, and cost savings achieved.
• Stay informed about industry trends, new technologies, and best practices in sourcing and procurement.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, Economics, or a related field.
• A minimum of 4 years of experience in sourcing, procurement, or a closely related field.
• Demonstrated success in negotiating contracts and achieving cost reductions.
• Strong analytical skills with the ability to interpret data and make informed decisions.
• Excellent communication, interpersonal, and presentation skills.
• Proficiency in sourcing software, ERP systems (e.g., SAP, Oracle), and advanced Microsoft Excel.
• Proven ability to work independently and manage multiple projects effectively in a remote environment.
• Strong understanding of procurement best practices and supply chain principles.
• Must have a dedicated home office space with reliable high-speed internet access.
• Global sourcing experience is a plus.

Benefits

• Competitive salary and potential for annual bonuses.
• Comprehensive health, dental, and vision insurance.
• Generous paid time off and holidays.
• Professional development opportunities, including training and certifications.
• Retirement savings plan with company contributions.
• Flexible work hours within core collaboration periods.