Strategic Sourcing Specialist

Posted 6 Days Ago
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Noblesville, IN, USA
In-Office
Mid level
Artificial Intelligence • Logistics • Software • Transportation • Automation
The Role
Lead sourcing and procurement initiatives across manufacturing locations: negotiate contracts, consolidate vendor accounts, implement One Bastian procurement policies, drive cost savings and dual-sourcing, analyze spend data, manage supplier relationships, implement D365 forecasting and safety stock, and support risk mitigation, vendor qualification, and procurement reporting.
Summary Generated by Built In
Job Summary & Responsibilities

 

Strategic Sourcing Specialist

 

Job Overview:


Strategic Sourcing Specialist l will play a key role in the supply chain management process and will be responsible for optimizing savings and procedures by negotiating contracts, purchase agreements and developing policies across all manufacturing locations. Create a strategic sourcing plan in order to mitigate risks and solve issues caused by supply chain disruptions. Establish cost saving initiatives and dual sourcing opportunities for current/upcoming projects across manufacturing locations. Work with sister companies and Bastian manufacturing locations to establish similar volume and use this to promote cost savings. Work to update accounts with vendors so that we are procuring from a One Bastian standpoint instead of by locations. Develop and establish policies in procurement in order to mainstream processes and hold vendors more accountable.

Job Functions:

  • Executing and managing competitive business-wide contracts and supplier relationships using combined volume across all business units to obtain better pricing and terms.
  • Research current purchased parts and find alternatives that are more readily available and cost effective.
  • Initiate a One Bastian approach in Procurement by setting up policies and procedures that are used at each location. Reestablish accounts with vendors so that we are purchasing through one corporate account.
  • Work with sister companies to combine similar products volume and work on contracts with key suppliers.
  • Analyze, collect and summarize data across the organization in order to support the decision- making process on the overall future procurement strategy
  • Establish new policies and procedures for the procurement team
  • Act as a point of contact between the company and suppliers, maintaining relationships, while continually scouting for additional vendors to support company future growth
  • Work closely with the finance & legal department to ensure contract terms are favorable
  • Build sound, cost-effective strategies for the purchasing of materials used in the business
  • Conduct Quarterly Business Reviews with key suppliers to improve and enhance the quality of products purchased and the timeliness of deliveries to meet demand
  • Create Vendor Scorecard templates and implement them to the teams and quality
  • Help define risk management procedures to mitigate losses in the event of product shortages (Disaster Recovery and Business Continuity Plan)
  • Liaises with key company employees to determine their product and service needs
  • Implement safety stock and forecasting algorithms within D365
  • Support establishment of corporate processes supporting standardization of controlled processes pertaining to procurement to meet JSOX expectations
  • Negotiate agreements, contracts, terms and deadlines with vendors, including both tactical (lowest price) and strategic (value vs cost), to support overall company goals and initiatives
  • Support the enhancement and improvement of current new vendor qualification process
  • Work with IT to establish new reports and processes to enhance procurement functions
  • Help support cost savings initiatives with up-and-coming projects/current projects

Travel Requirements:

  • 10% Travel to visit suppliers and Bastian Plants/Regional Offices (Travel expenses paid by Toyota Automated Logistics)

Required Qualifications and Preferred Skills:

  • Experience working in procurement function. Prefer to be in custom, engineered products procurement and project execution procurement vs standard materials / manufacturing process
  • Strong understanding of procurement and negotiation techniques
  • Excellent verbal and written communication skills
  • Strong analytical, negotiation and conflict resolution skills
  • Able to travel to meet with suppliers as required
  • Procurement / Supply Chain Management Certifications desired (Examples: CPP, CPPM, CIPP, CIAPP, CPSM, MCIPS)
  • Impeccable time- management, attention to detail, and policy compliance skills
  • Strategic mindset – ability to analyze to drive competitive advantage to Bastian Solutions through procurement
  • Relationship Building / Partnership Development – both internally and externally
  • Financial acumen – ability to understand profitability drivers through procurement activities
  • Must be eligible to work in the USA long term without sponsorship.
  • Employees must follow all information security policies, protect confidential data, complete required training, and report any suspected security incidents to support our information security controls.


About Toyota Automated Logistics:

Toyota Automated Logistics is your global partner for integrated warehouse automation. Our team combines the talents of Bastian Solutions, Vanderlande’s warehousing business and viastore under one brand to deliver scalable systems, intelligent software and life-cycle services.

 

In addition to exciting work at a growing company, we offer the following benefits: 

  • Health, Dental, and Vision Insurance
  • 401(k) Retirement Plan with a company match
  • Vacation / Holiday Pay
  • Paid Volunteer time off
  • Tuition Reimbursement
  • Professional Associations, Conferences and Subscriptions
  • Company Meetings & Events

 

 

Toyota Automated Logistics does not work with outside recruiting agencies. No solicitation phone calls please.

Skills Required

  • Experience working in procurement function
  • Experience in custom, engineered products procurement and project execution
  • Strong understanding of procurement and negotiation techniques
  • Excellent verbal and written communication skills
  • Strong analytical, negotiation and conflict resolution skills
  • Able to travel to meet with suppliers as required (10% travel)
  • Procurement / Supply Chain Management Certifications (CPP, CPPM, CIPP, CIAPP, CPSM, MCIPS)
  • Impeccable time-management, attention to detail, and policy compliance skills
  • Strategic mindset to drive competitive procurement advantage
  • Relationship building and partnership development skills
  • Financial acumen to understand procurement profitability drivers
  • Must be eligible to work in the USA long term without sponsorship
  • Follow information security policies and protect confidential data
  • Ability to implement safety stock and forecasting algorithms within D365

Bastian Solutions Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bastian Solutions and has not been reviewed or approved by Bastian Solutions.

  • Healthcare Strength Health, dental, and vision coverage are consistently included in postings and are characterized as solid parts of the package. Feedback suggests core medical benefits form a reliable baseline of the total rewards offering.
  • Leave & Time Off Breadth Paid vacation, holidays, and paid volunteer time are highlighted in recent materials. Feedback suggests these time-off elements provide meaningful non-cash value for many roles.
  • Flexible Benefits Flexible work schedules are repeatedly emphasized across job materials. Feedback suggests scheduling flexibility adds practicality to the benefits package, though impact can vary by team.

Bastian Solutions Insights

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The Company
HQ: Carmel, IN
1,386 Employees
Year Founded: 1952

What We Do

Bastian Solutions, a Toyota Automated Logistics company, is a trusted supply chain integration partner committed to providing their clients a competitive advantage by designing and delivering world-class distribution and production solutions. The expertise Bastian Solutions delivers includes exceptional results through a proven process of analytical consulting, engineering and design, simulation, project management, and installation services, while sourcing the best material handling equipment and automation technologies available. With innovation at the forefront, the company also develops Exacta supply chain software, conveyor and sortation systems, custom automated material-handling equipment, robotics, autonomous vehicles and robotic shuttles, and state-of-the art industrial controls. Bastian Solutions serves domestic and global markets, covering the United States, Canada, India, the Middle East, Mexico and South America.

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