Job Summary
The Sourcing Specialist leads the sourcing activities for specific categories, including supplier qualification, product development, sample approvals. The Sourcing Specialist is responsible for supporting cross-functional teams on new product development and cost reduction initiatives. Negotiate supplier pricing, payment terms, safety stocks, lead times, and minimum order quantities. The Sourcing Specialist ensures supplier capabilities and capacity are sufficient to support the business needs. The Sourcing Specialist lead RFQs and other benchmarking activities to validate and implement the best cost solutions.
Essential Job Functions *
- Manage projects to completion by proactively working with product managers and engineers to provide timely and clear feedback to suppliers with specific guidance on next steps.
- Drive completion of sourcing activities that have direct impact on companywide objectives.
- Lead product approvals in collaboration with offshore sourcing team members, suppliers, product managers and engineers.
- Conduct Request for Quote (RFQ) activities that summarize supplier quotations, landed cost analyses and total cost of ownership with recommendations for next steps.
- Arrange delivery of product samples to suppliers as part of the RFQ process.
- Stay current on commodity, exchange rate and general market trends to monitor impacts to costs.
* This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.
Employees are expected and encouraged to participate in safety and health program activities including immediately reporting hazards, immediately reporting unsafe work practices and incidents to supervisors, wearing required personal protective equipment, and participating in and supporting safety committee activities.
Education & Experience
- Bachelor’s Degree in Business or other related field
- 2+ Years of relevant experience in Sourcing, Purchasing or Supply Chain
Competencies – Knowledge, Skills and Abilities
- Background in the hardware industry is preferred but not required
- Proficiency with MS Excel required
- Ability to collaborate with team members in all levels of the organization
- Ability to multi-task and prioritize in a fast-paced environment
- Results oriented
- Excellent interpersonal and written/verbal communication skills
Operational Equipment
- N/A
Work Environment and Physical Demands
Work Environment
Office: Office setting. Seldom exposed to fumes or airborne particles. Loud working environment of the shop area. Functional vision and hearing required.
Physical Demands
Office: Sedentary.
The Hillman Group is an Equal Employment Opportunity and Affirmative Action Employer and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, protected veteran or military status, genetic information, citizenship status, sexual orientation, gender identity, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances. The information collected by this application is solely to determine suitability for employment, verify identity and maintain employment statistics on applicants.