Strategic Sourcing Specialist

Placements24; Bloemfontein; Hybrid; ZAR 650,000 - 900,000; Full time

Benefits offered by this job

Medical aid

Life insurance

Provident fund

Hybrid work model

Professional development

Job summary

Placements24 is seeking a highly analytical Strategic Sourcing Specialist in Bloemfontein to identify, evaluate, and develop sourcing strategies that drive value and reduce risk across the supply base.

You will lead market intelligence, spend analysis, and complex sourcing events, negotiate contracts, and manage key supplier relationships to secure cost savings and high service levels, while collaborating with internal stakeholders and complying with policies.

Qualifications

• Minimum 5 years of experience in strategic sourcing, category management, or procurement.
• Proven track record of delivering significant cost savings.
• Strong analytical skills with spend analysis, market research, and financial modeling.
• Excellent negotiation, contract management, and supplier relationship management skills.
• Experience in managing complex sourcing projects and cross-functional teams.
• Proficiency in ERP systems and e-sourcing tools.
• Strong understanding of supply chain principles and risk management.
• Excellent communication and presentation skills.
• Hybrid work arrangement requires regular presence in Bloemfontein office.

Responsibilities

• Develop and implement strategic sourcing plans for key spend categories.
• Conduct comprehensive market intelligence and spend analysis to identify sourcing opportunities.
• Lead and manage complex sourcing events, including RFPs, RFQs, and tenders.
• Negotiate contracts, pricing, and terms with suppliers to achieve significant cost savings and improved service levels.
• Manage and develop strategic relationships with key suppliers to foster collaboration and innovation.
• Assess supplier capabilities, risks, and performance, implementing corrective actions where necessary.
• Collaborate closely with internal stakeholders to understand business requirements and align sourcing strategies.
• Ensure all sourcing activities comply with company policies, ethical standards, and regulatory requirements.
• Monitor market trends and supplier performance to identify potential risks and opportunities.
• Contribute to the development and implementation of category management strategies.

Skills

Analytical skills

Market research

Financial modeling

Negotiation

Contract management

Supplier relationship management

Education

Bachelor's degree in Supply Chain Management, Business Administration, Economics, or related field

Tools

ERP systems

e-sourcing tools

Job description

About the Role

Our client, a leading organization based in Bloemfontein , is seeking a highly analytical and experienced Strategic Sourcing Specialist. This pivotal role focuses on identifying, evaluating, and developing new sourcing strategies to achieve optimal value and mitigate risks across the company's supply base. The Specialist will be responsible for in-depth market analysis, supplier relationship management, and the negotiation of complex contracts to ensure competitive pricing and superior quality. This position is critical for driving cost efficiencies and enhancing the company's supply chain resilience. The role is situated in the heart of the Free State province.

Key Responsibilities

• Develop and implement strategic sourcing plans for key categories of spend.
• Conduct comprehensive market intelligence and spend analysis to identify sourcing opportunities.
• Lead and manage complex sourcing events, including RFPs, RFQs, and tenders.
• Negotiate contracts, pricing, and terms with suppliers to achieve significant cost savings and improved service levels.
• Manage and develop strategic relationships with key suppliers to foster collaboration and innovation.
• Assess supplier capabilities, risks, and performance, implementing corrective actions where necessary.
• Collaborate closely with internal stakeholders to understand business requirements and align sourcing strategies.
• Ensure all sourcing activities comply with company policies, ethical standards, and regulatory requirements.
• Monitor market trends and supplier performance to identify potential risks and opportunities.
• Contribute to the development and implementation of category management strategies.

Requirements

• A minimum of 5 years of experience in strategic sourcing, category management, or procurement.
• Proven track record of delivering significant cost savings through strategic sourcing initiatives.
• Strong analytical skills with expertise in spend analysis, market research, and financial modeling.
• Excellent negotiation, contract management, and supplier relationship management skills.
• Experience in managing complex sourcing projects and cross-functional teams.
• Proficiency in e-sourcing tools and ERP systems.
• Strong understanding of supply chain principles and risk management.
• Bachelor's degree in Supply Chain Management, Business Administration, Economics, or a related field.
• Excellent communication and presentation skills, with the ability to influence stakeholders at all levels.
• Hybrid work arrangement requires regular presence in our Bloemfontein office.

Benefits

Our client offers an attractive salary package, complemented by performance-based incentives and a comprehensive benefits program including medical aid, life insurance, and a provident fund. Opportunities for professional development, including advanced training and certifications, are provided to support career growth. The hybrid work model offers flexibility, combining productive office time in Bloemfontein with the convenience of remote work. Employees are part of a dynamic and forward-thinking team, contributing to impactful projects. This role provides a significant opportunity to shape procurement strategies within a leading organization in Bloemfontein .