Strategic Sourcing Specialist

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

Benefits offered by this job

Competitive salary

Performance incentives

Health/Dental/Vision insurance

Paid time off

Retirement plan

Professional development

Flexible remote work

Collaborative culture

Remote work support

Job summary

Placements24 is seeking a dynamic Strategic Sourcing Specialist to optimize sourcing strategies for direct and indirect materials. This remote role with occasional travel supports Rustenburg and North West operations, driving substantial cost savings and supply chain efficiency.

You will identify suppliers, lead RFx events, negotiate terms, and manage relationships while ensuring alignment with business goals and risk controls.

Qualifications

• Bachelor's degree in Supply Chain Management, Business Administration, Economics, or a related field.
• Minimum of 5 years of experience in strategic sourcing, procurement, or category management.
• Demonstrated success in leading significant sourcing projects and achieving substantial cost savings.
• Strong negotiation and contract management skills.
• Excellent analytical and problem-solving capabilities, with proficiency in data analysis tools.
• Proficiency in e-sourcing platforms and ERP systems.
• Exceptional communication, presentation, and interpersonal skills.
• Ability to work effectively in a remote environment and manage multiple priorities.
• Experience with global sourcing and understanding of international trade regulations is a plus.
• Familiarity with industries relevant to Rustenburg, North West would be beneficial.

Responsibilities

• Conduct comprehensive market analysis and spend assessments to identify sourcing opportunities.
• Develop and implement effective sourcing strategies for key categories of spend.
• Lead complex sourcing events, including RFx processes (RFI, RFP, RFQ), and manage supplier evaluations.
• Negotiate contract terms, pricing, and service level agreements (SLAs) with suppliers to achieve optimal outcomes.
• Manage supplier relationships, fostering collaboration and ensuring performance against contractual obligations.
• Identify and mitigate supply chain risks, developing contingency plans as needed.
• Collaborate with internal stakeholders to understand business requirements and ensure sourcing aligns with strategic objectives.
• Track and report on key sourcing metrics, such as cost savings, supplier performance, and contract compliance.
• Stay abreast of industry trends, best practices, and emerging technologies in strategic sourcing and supply chain management.
• Drive continuous improvement initiatives within the sourcing function.

Skills

Strategic sourcing

Negotiation

Supplier relationship management

Data analysis

Education

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

Tools

e-sourcing platforms

ERP systems

Job description

About the Role

Our client is seeking a dynamic and experienced Strategic Sourcing Specialist to join their procurement team, focusing on optimizing sourcing strategies for a diverse range of indirect and direct materials. This role, based remotely with occasional travel requirements, is crucial for driving significant cost savings and ensuring supply chain efficiency. The Specialist will be responsible for identifying, evaluating, and engaging with new and existing suppliers, negotiating favourable contracts, and implementing best practices in sourcing. The ideal candidate will possess strong analytical skills, a deep understanding of global supply chains, and a proven ability to manage complex sourcing projects. This position offers the opportunity to make a substantial impact on the company's bottom line and contribute to its long-term strategic goals, working from anywhere while supporting operations relevant to Rustenburg, North West .

Key Responsibilities

• Conduct comprehensive market analysis and spend assessments to identify sourcing opportunities.
• Develop and implement effective sourcing strategies for key categories of spend.
• Lead complex sourcing events, including RFx processes (RFI, RFP, RFQ), and manage supplier evaluations.
• Negotiate contract terms, pricing, and service level agreements (SLAs) with suppliers to achieve optimal outcomes.
• Manage supplier relationships, fostering collaboration and ensuring performance against contractual obligations.
• Identify and mitigate supply chain risks, developing contingency plans as needed.
• Collaborate with internal stakeholders to understand business requirements and ensure sourcing aligns with strategic objectives.
• Track and report on key sourcing metrics, such as cost savings, supplier performance, and contract compliance.
• Stay abreast of industry trends, best practices, and emerging technologies in strategic sourcing and supply chain management.
• Drive continuous improvement initiatives within the sourcing function.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, Economics, or a related field.
• Minimum of 5 years of experience in strategic sourcing, procurement, or category management.
• Demonstrated success in leading significant sourcing projects and achieving substantial cost savings.
• Strong negotiation and contract management skills.
• Excellent analytical and problem-solving capabilities, with proficiency in data analysis tools.
• Proficiency in e-sourcing platforms and ERP systems.
• Exceptional communication, presentation, and interpersonal skills.
• Ability to work effectively in a remote environment and manage multiple priorities.
• Experience with global sourcing and understanding of international trade regulations is a plus.
• Familiarity with industries relevant to Rustenburg, North West would be beneficial.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health, dental, and vision insurance plans.
• Generous paid time off and holiday schedule.
• Retirement savings plan options.
• Opportunities for professional development, certifications, and conference attendance.
• Flexible remote work arrangement.
• A collaborative and forward-thinking work culture.
• Support for remote work infrastructure.