Are you able to conduct complex analyses of markets, supply chains, and supply bases and apply analysis to sourcing process improvement initiatives? Are you experienced in identifying qualified suppliers and executing sound source selection processes?
Senior Sourcing Specialist
Location - Darlington
Salary - £24.41 - £31.59 per hour DOE
Hours - Full-time, hybrid
Contract - Until 30th June 2025 initially
Our client, a leading electrical generator and engine producer, is currently looking for a Senior Sourcing Specialist to join their team on a contract basis. You will be required to travel to site for team projects however most of the role can be done from home.
The role demands a high level of proven knowledge and would ideally suit a candidate with experience in the field.
A Day in the Life of the Senior Sourcing Specialist
- Conducting complex analysis of markets, supply chains, and supply base; applies analysis to sourcing process improvement initiatives
- Identifying qualified suppliers and executing sound source selection processes
- Interfacing regularly with suppliers within the area of responsibility and maintaining the supplier relationship
- Understanding how key procurement principles are used to ensure supply
- Sourcing specialised items and executing complex sourcing strategies following agreed-upon sourcing strategy/plans at the optimum cost, quality and relationship
- Working with peers and stakeholders to support business goals, such as supply security, reduction of complexity or financial targets
- Independently carries out sourcing activities with full consideration for the impact of those activities on the end-to-end supply chain
- Executes sourcing tactics of varying complexity following established category/commodity strategies reflecting the optimum cost, quality, and delivery
- Analyses complex sourcing and procurement initiatives and processes in support of the delivery of cost-effective and high-quality goods and services
- Supports procurement/sourcing management in activities such as price benchmarking, vendor management, industry and market analysis, process analysis, and model building
- Lead analysis projects/initiatives providing coaching to less experienced analysts and specialists
- Negotiates select contracts develops and maintains effective relationships with suppliers to the benefit of both parties
- Understands the importance of compliance and is alert to situations that can pose risk to the company
Person specifications for the role of Senior Sourcing Specialist
- Will need to have a solid understanding of the importance of compliance and be alert to situations that can pose risks to business
- Must be capable of anticipating and balancing the needs of multiple stakeholders
- Able to apply knowledge of business and the marketplace to advance the organisation's goals
- The ability to detect, interpret and communicate qualitative and quantitative data that determines conclusions relying on knowledge of business or functional frameworks; simultaneously applies statistics, data validity, data visualisation, and problem-solving approaches to effectively extract meaningful patterns and business insights; presents conclusions and outcomes that enable data-driven business decisions
- Ability to establish regional category strategy using the Total Value Performance approach to define the supply base, Tooling and Technology Strategy to meet all current and future company needs
- Experience in establishing and controlling product and service costs using functional tools to deliver and track products and services at competitive prices
- Will be able to show the competitiveness of company products in our markets while preserving desired margins Utilises Total Cost Opportunity model methodology
- Capable of assuring protection of company Intellectual Property to optimise the use of intellectual property for the company's future competitive advantage by engaging the Legal and Procurement function; assures company intellectual property ownership rights are clearly defined in executed agreements
- Will possess negotiation skills that Utilise tools and methods in negotiations to achieve company & stakeholder objectives and achieve mutually agreed upon contract terms between all parties
To find out more about the position, please apply and we will be in touch to discuss the role in more detail.
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