Strategic Sourcing Specialist

Reposted 4 Days Ago
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Des Plaines, IL, USA
In-Office
85K-112K Annually
Mid level
eCommerce • Greentech • Other
Making the world safer, healthier and more productive.
The Role
The Strategic Sourcing Specialist manages supplier sourcing, qualification, performance, negotiations, purchasing, quoting, and procurement documentation. The role analyzes supplier and cost data, supports cost-reduction and make-buy initiatives, optimizes inventory, develops supply chain reports, and contributes to commodity strategies. It also coordinates with operations, sales, legal counsel, and global teams to improve procurement efficiency, supplier selection, contracts, and company spending.
Summary Generated by Built In
Overview

Reporting to the Director of Strategic Sourcing and working closely with operations and sales, the Strategic Sourcing Specialist will be responsible for all sourcing activities within the Filtran organization.  He/she will support in analyzing the supplier landscape, support in new business quotations, manage supplier critical documentation and support in driving sourcing and cost reduction activity.

Responsibilities
  • Develops key performance criteria and measures supplier’s performance
  • Research and qualifies suppliers for sustainability
  • Purchase products that meet the quality standards and quantity set forth by Filtran
  • Develops and maintains key supply chain and operations information
  • Analyzes data to identify opportunities for cost reductions and supply chain efficiencies
  • Supports project initiatives focusing on cost reductions/process improvements
  • Reviews data and makes recommendations to optimize the supply chain and/or operations
  • Participate in make-buy studies
  • Updates Strategic Sourcing Funnel data and supports preparation of commodity strategies as required
  • Develops and supports a variety of reporting requirements, including but not limited to cost reductions, transition status of key initiatives, payment terms, inventory, etc.
  • Implementing inventory optimization strategies within the company.
  • Obtaining quotes from different suppliers.
  • Negotiating price, quantity, and delivery schedules with suppliers.
  • Working with legal counsel to ensure that all contracts relating to product procurement contain all details of the negotiation.
  • Assessing quotes and compiling a detailed assessment of cost breakdowns.
  • Generating quote comparisons and contributing to internal supplier selection based on the quotes.
  • Providing solutions to improve company spending and outsourcing.
Qualifications
  • 4+ years of recent experience in a purchasing or supply chain role
  • MUST HAVE: PROCUREMENT, SOURCING, AND SUPPLIER NEGOTIATION EXPERIENCE
  • Excellent interpersonal, verbal, written, relationship building, and project management skills.
  • Working knowledge of supply chain and total cost of ownership principles required. Ability to work independently, seek guidance when required and drive projects in a matrix environment.  Continuous improvement mindset.  Positive communications skill, high energy level and a desire to succeed are all integral to the role
  • Understanding of demand planning, materials management and quality assurance and systems in a production setting
  • Analytical, ability to review and interpret data and make recommendations and decisions
  • High attention to detail, ensuring accuracy of materials
  • Strong Microsoft Excel skills (including, but not limited to pivot tables, v-look ups, charts, and graphs)
  • Ability to manage multiple projects working independently and on global teams
  • Flexible, learns quickly, adapt to changing needs with the varying priorities of the organization
  • Ability to problem solve and lead others in problem-solving activities
  • High integrity and ethics, ensures confidentiality of all pricing strategies for the organization
  • ERP knowledge and experience preferred
  • Solid negotiation skills

Salary Range: $85,000-$112000 annually , Eligible for annual performance bonus.



Benefit & Retirement Plans 

We offer competitive benefit programs, including:

  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost. 
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.

Additional Comments:

The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.


Filtration Group now part of Parker Hannifin is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law.  However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission


Drug-Free WorkplaceIn accordance with Parker’s policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.

Skills Required

  • 4+ years of recent experience in purchasing or supply chain
  • Procurement, sourcing, and supplier negotiation experience
  • Excellent interpersonal, verbal, written, relationship-building, and project management skills
  • Working knowledge of supply chain and total cost of ownership principles
  • Ability to work independently and drive projects in a matrix environment
  • Understanding of demand planning, materials management, quality assurance, and systems in a production setting
  • Ability to analyze data and make recommendations and decisions
  • Strong attention to detail and materials accuracy
  • Strong Microsoft Excel skills, including pivot tables, VLOOKUPs, charts, and graphs
  • Ability to manage multiple projects independently and on global teams
  • Ability to adapt to changing needs and priorities
  • Problem-solving ability and ability to lead problem-solving activities
  • High integrity, ethics, and confidentiality with pricing strategies
  • ERP knowledge and experience
  • Solid negotiation skills
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The Company
HQ: Oak Brook, IL
8,000 Employees
Year Founded: 2010

What We Do

Filtration Group is on a mission to make the world safer, healthier and more productive. With a passionate workforce, global footprint and world class engineering and manufacturing capabilities, we are driving innovation and developing solutions across a broad spectrum of applications in the fast-growing global filtration industry.

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