Strategic Sourcing Specialist - Newtown Square, PA

SUPPLYONE INC. • Newtown Township, PA

1d • Onsite

About The Position

We are seeking a highly motivated Strategic Sourcing Specialist to join our team and focus on supporting a key national accounts. This role will be instrumental in driving vendor management strategies, optimizing costs, and ensuring the highest quality of products for our valued customers.

Requirements

• Bachelor’s degree in Supply Chain Management, Business Management, or a related field.
• Minimum of 3 years of experience in vendor management, strategic sourcing, or related roles.
• Strong analytical skills with the ability to interpret data and make informed decisions.
• Excellent negotiation and communication skills to effectively collaborate with vendors and internal stakeholders.
• Proven track record of implementing successful vendor management strategies that have resulted in cost savings and process improvements.
• Detail-oriented with a focus on accuracy and precision in vendor interactions and contract management.

Nice To Haves

• Proficiency in using sourcing and procurement software/tools is a plus.

Responsibilities

• Develop and implement strategic sourcing plans for the national account, aligning with company objectives and customer requirements.
• Cultivate and maintain strong relationships with vendors to drive collaboration and achieve mutually beneficial outcomes.
• Analyze market trends, supplier capabilities, and industry innovations to identify opportunities for cost savings and process improvements.
• Negotiate and manage agreements, ensuring terms are favorable, and compliance is maintained.
• Conduct regular supplier performance evaluations, addressing any issues and driving continuous improvement initiatives.
• Collaborate cross-functionally with sales, operations, and customer service teams to ensure seamless execution of customer orders and projects.
• Monitor and manage inventory levels to ensure optimal stock levels for customer demand while minimizing excess inventory costs.
• Stay informed about industry regulations, market dynamics, and emerging trends that may impact the sourcing strategy.
• Prepare and present reports and analyses to support decision-making processes related to sourcing and vendor management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level