The Role
Identify and evaluate suppliers, negotiate pricing and terms, manage supplier documentation and compliance, monitor supplier performance, and maintain item and supplier data in ERP systems. Collaborate with internal teams to align sourcing strategies, resolve quality or delivery issues, improve procurement processes, and track market and pricing trends.
Summary Generated by Built In
As a Sourcing Specialist, you will play a critical role in the procurement process, responsible for identifying, evaluating, and negotiating with suppliers to secure the best possible terms for the goods and services essential to our operations. Your focus will be on building strong relationships with suppliers, ensuring quality, cost-effectiveness, and timely delivery to support Group O’s strategic goals.
The ideal candidate is a meticulous, strategic, and ethical professional with a proven record in procurement and supplier management. They are adept at negotiation, have strong analytical capabilities, and excel in building relationships. This individual is adaptable, initiative-taking, and committed to continuous improvement, making them an asset to the procurement team and the organization.
Key Responsibilities
Essential Functions:
- Identify potential suppliers through market research, industry networks, and trade shows. Evaluate suppliers based on quality, cost, reliability, and delivery capabilities.
- Negotiate terms and conditions, including pricing, delivery schedules, and payment terms to achieve the best value for the company while maintaining quality standards.
- Manage documentation related to suppliers and quotes and regulatory compliance.
- Monitor supplier performance through key performance indicators (KPIs) and metrics. Address and resolve any issues related to quality, delivery, or cost.
- Setup and maintain item information, supplier information, and load and maintain supplier costs in the Enterprise Resource Planning (ERP) system.
- Collaborate closely with internal teams to align sourcing strategies with business needs and objectives.
- Identify opportunities for process improvements in the sourcing and procurement cycle, leveraging industry best practices and innovative solutions.
- Stay informed about market trends, pricing fluctuations, and supply chain innovations to proactively adjust sourcing strategies.
Job Qualifications
Education/Certifications:
- High school degree
Preferred Education/Certifications:
- Associate’s degree
Experience:
- Related experience in sourcing, procurement, or supply chain management.
Skills and Qualifications:
- Meticulous mindfulness in reviewing contracts and supplier evaluations.
- Ability to build and maintain strong relationships with suppliers and internal stakeholders.
- Capacity to develop and implement effective sourcing strategies.
- Flexibility to adapt to changing market conditions and company needs.
- Commitment to ethical sourcing practices and compliance with regulatory requirements.
- Strong verbal and written communication skills
- Basic user abilities in Microsoft Office Suite
- Ability to learn and work with Enterprise Resource Management (ERP) software.
- Strong customer service, organization, and negotiation skills
- Excellent math skills
Physical Requirements: N/A
Benefits
- Medical, Dental, Vision, and Life Insurance
- Flexible Spending Accounts (Medical and Dependent Care)
- 401(k) Plan with Company Match
- Generous Paid Time Off
- 10.5 Paid Holidays
- Career Development Opportunities
About
At Group O, it’s our employees who we value most. That’s why we provide a supportive environment where employees are given every opportunity to excel. Group O offers a wide variety of careers with room for professional growth and advancement, and we are always looking for motivated individuals to join our team. At Group O, our employees’ health and well-being is equally as important as the work they perform. We back up that philosophy by providing a competitive benefits package that supports now and for their future.In 1974, Bob Ontiveros saw an opportunity to live the American dream and build a company for himself and his family. 50 years later, the packaging company he originally founded out of the back of his station wagon - Group O is ranked by the United States Hispanic Chamber of Commerce as one of the top five Latino-owned businesses in the country. Group O has gained prestige for helping Fortune 500 companies like Samsung, Michelin, Caterpillar, and PepsiCo turn their most complex business challenges into centers of profitability and efficiency. Headquartered in Milan, IL, Group O employs over 1,200 employees.
Skills Required
- High school degree
- Related experience in sourcing, procurement, or supply chain management
- Meticulous review of contracts and supplier evaluations
- Supplier and internal stakeholder relationship management
- Ability to develop and implement sourcing strategies
- Adaptability to changing market conditions and company needs
- Ethical sourcing and regulatory compliance
- Strong verbal and written communication skills
- Basic Microsoft Office Suite skills
- Ability to learn and use ERP software
- Customer service, organization, and negotiation skills
- Excellent math skills
- Associate's degree
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The Company
What We Do
Group O is an end-to-end business process outsourcing provider specializing in innovative, technologically driven marketing, supply chain, and packaging solutions. The Marketing Division specializes in loyalty and reward program management utilizing O-vations™ Loyalty and Reward platform, Omni-channel customer care and sales centers, as well as program analytics and supportive creative services. The Supply Chain division is committed to giving clients a competitive edge through comprehensive solutions. Services include kitting and sub-assembly, forward and reverse logistics, device management, spend management and order and inventory management solutions. The Packaging Division is dedicated to keeping client packaging operations running efficiently by procuring and distributing packaging materials, maintaining equipment, and optimizing packaging materials utilizing Smart Audit™ Analysis. Headquartered in Milan, IL, Group O is one of the largest Hispanic-owned companies in the United States with more than 1,200 employees. To learn more, visit www.GroupO.com.
