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Sourcing Specialist

  • Location: Hopkinton, Middlesex, Massachusetts
  • Salary: 33.17-48.15 per hour
  • Job Type:Contract

Posted about 1 month ago

  • Sector: Professional
  • Start Date: 2021-11-05
  • Job Ref: 21-23358
OT Likely 10 hours weekly
Schedule Monday-Friday day time hours flexible.

In order to set expectations and to the extent permitted by applicable law, please note that if an applicant is hired for this position, the applicant will be required to prove that the applicant has been fully vaccinated against COVID-19 by the date of hire, subject to any qualified religious or medical exemptions. Please note that the employer reserves its rights to mandate additional vaccine requirements at any time.

Blood borne Pathogens Training & Hepatitis B Requirement

As the Sourcing Specialist, position will be responsible for analysing the assigned site category spends, developing key sourcing strategies, leading long-term supplier negotiations and leading/executing key projects to meet the sites material productivity performance goals. Position will also work closely with R&D on NPIs to ensure projects are launched meeting the margins targets, timelines and with global preferred production suppliers.
Responsibilities include (but are not limited to):
Contract Negotiations and contract formalization to secure Long-Term Agreements.
Sourcing lead role for NPIs or product transfers as appropriate.
Develop strategies and actions to mitigate and control inflation.
Bench marking of existing supplier price performance against potential new suppliers in the market through comparative analysis. Incorporating lower cost markets (LCC), Eastern Europe, Asia for potential supply.
With existing, preferred suppliers securing best price through supplier negotiations and collaboration to include value engineering, other opportunities including benchmarking to prove competitive advantage.
PPV and VE reporting and analysis on a monthly basis, actual to forecast to target.
Producing inputs for site monthly performance reviews.
Project management of sourcing projects such as global bid events, make-buy insourcing & value engineering cost reduction projects.
Vendor Rationalisation.
Nothing in this job description restricts managements right to assign or reassign duties and responsibilities of this job at any time.
Basic Qualifications:
(2-3 minimum, measurable requirements)
3-5 years experience in purchasing/sourcing role.
Experience in contracts negotiations.
Both team oriented and can work independently.
Minimum of BA in business or technical related field. Certified purchasing accreditation a plus.
Preferred Qualifications:
Demonstrated project management and organizational skills
Solid technical knowledge of manufacturing materials and production process.
Experience of product transfers and NPIs.
Skilled in generating savings and margin expansion.
Experienced and skilled in global, low cost country supplier sourcing.
Decision Making / Problem Solving. Has the ability to collate information, analyze and make decisions based on experience and commercial judgment.
Possess experience/responsibility for making decisions that has significant positive impact on an organizations operational and financial performance.
Very good oral and written communication skills
Advanced Excel skills and other standard MS business applications.
Strong SAP knowledge preferred.