Strategic Sourcing Specialist

Placements24; Benoni; On-site; ZAR 800,000 - 1,100,000; Full time

Benefits offered by this job

Incentives

Medical aid & retirement planning

Development opportunities

Collaborative work environment

Paid leave

Job summary

Placements24 is seeking a proactive Strategic Sourcing Specialist to join the procurement team in Benoni. The role is on-site and focuses on optimizing the supply base, conducting market research, managing RFx events, and negotiating contracts to achieve cost savings while mitigating risks.

The ideal candidate has a solid analytical background, strong negotiation and communication skills, and experience in sourcing methodologies.

Qualifications

• Bachelor's degree required in Supply Chain Management, Business Administration, Economics or related field.
• 4-6 years of experience in strategic sourcing, procurement or category management.
• Experience in conducting sourcing events (RFx) and negotiating complex contracts.
• Strong analytical and problem-solving skills with large datasets.
• Proficiency with procurement software and e-sourcing platforms.
• Excellent communication, presentation and interpersonal skills.

Responsibilities

• Conduct in-depth market analysis and identify potential suppliers and sourcing opportunities.
• Develop and execute strategic sourcing plans for key spend categories including RFx (RFI, RFP, RFQ).
• Lead contract negotiations with suppliers to secure favorable terms, pricing and SLAs.
• Analyze spending data and supplier performance to identify cost reductions and efficiency gains.
• Collaborate with internal stakeholders to ensure sourcing strategies meet business needs.
• Monitor supplier performance and manage relationships to ensure compliance and continuous improvement.

Skills

Analytical skills

Negotiation skills

Communication

Education

Bachelor's degree in Supply Chain Management

Tools

e-sourcing platforms

Job description

About the Role

Our client is seeking a proactive and analytical Strategic Sourcing Specialist to join their procurement team based in Benoni . This on-site role is critical for optimizing the company's supply base and ensuring the most advantageous sourcing of goods and services. You will conduct market research, analyze spending patterns, lead sourcing events, and negotiate contracts to achieve cost savings and mitigate risks. The ideal candidate will possess strong analytical capabilities, excellent negotiation skills, and a comprehensive understanding of sourcing methodologies. You will work collaboratively with various departments to align sourcing strategies with business objectives.

Key Responsibilities

• Conduct in-depth market analysis and identify potential new suppliers and sourcing opportunities.
• Develop and execute strategic sourcing plans for key categories of spend, including RFx processes (RFI, RFP, RFQ).
• Lead contract negotiations with suppliers, ensuring favorable terms, pricing, and service levels are secured.
• Analyze spending data and supplier performance to identify areas for cost reduction and efficiency improvement.
• Collaborate with internal stakeholders to understand their requirements and ensure sourcing strategies meet business needs.
• Monitor supplier performance and manage supplier relationships to ensure compliance and drive continuous improvement.

Requirements

• A Bachelor's degree in Supply Chain Management, Business Administration, Economics, or a related discipline.
• Minimum of 4-6 years of experience in strategic sourcing, procurement, or category management.
• Proven experience in conducting sourcing events (RFx) and negotiating complex contracts.
• Strong analytical and problem-solving skills, with the ability to work with large datasets.
• Proficiency in procurement software and tools, including e-sourcing platforms.
• Excellent communication, presentation, and interpersonal skills.

Benefits

• Competitive annual salary with performance-based incentives.
• Comprehensive medical aid and retirement planning benefits.
• Significant opportunities for professional development and career advancement.
• A dynamic and collaborative work environment.
• Paid leave and other statutory benefits.