Sourcing Specialist Job Description

Job summary 1

The Sourcing Specialist is responsible for managing sourcing requests, driving opportunities to preferred suppliers, and negotiating cost reductions through alignment with the Company Product Management strategy.

Duties & Responsibilities 1

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Requirements & Skills 1

Job summary 2

Sourcing Specialist is a high-profile, cross-functional position that plays an integral role in enabling production flow and supporting launch manifest and key developmental goals. Working in close coordination with engineering and manufacturing departments, sourcing specialists execute effective creative and smart supply chain strategies to achieve production goals. The functions within the sourcing management include vendor coordination and procurement, delivery management, and dock-to-stock coordination. With integration taking place in-house, sourcing specialists can see their assemblies come to life every day!

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Requirements & Skills 2

Job summary 3

The Sourcing Specialist will be accountable individually, as a team member, and as a leader of projects and assignments involving goods and services broadly defined as Facilities & Operation Services. The Sourcing Specialist will be expected to lead cross-functional teams to successfully execute strategic sourcing initiatives that meet or exceed operational and financial goals.

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Job summary 4

The Sourcing Specialist is a production sourcing role, supporting the Magnetic Resonance business. Lead strategic and operational sourcing initiatives and activities to achieve business priorities while ensuring internal customer satisfaction. In-depth understanding of key business drivers and sourcing best practices.

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Job summary 5

The Sourcing Specialist is responsible for supporting the Sourcing and Contracting Managers and their activities associated with leading the Value Analysis processes for proactively identifying savings opportunities, managing expiring contracts, and addressing new supplies and services requests and process changes.

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Job summary 6

The Sourcing Specialist will work in a dynamic environment and focus on sourcing and pipelining active and passive candidates for all departments and levels (including non-exempt, exempt, executives, etc.) The Sourcing Specialist will report to the Talent Acquisition Manager and assume various responsibilities with an initial focus on reducing our time-to-fill, decreasing our need to contract external recruiters, and building a network of excellent talent in the multifamily industry.

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Job summary 7

We have an exciting and challenging opportunity for a Sourcing Specialist! The Sourcing Specialist is part of the Maintenance, Repair, and Operations & Capital Sourcing Team which manages the sourcing needs of Company businesses and Capital Project teams. The Sourcing Specialist will actively engage and support clients in the businesses and functions to ensure that sourcing requirements are known, and that supplier quality and service levels meet expectations. This role also negotiates assigned specific equipment or service purchases for execution as purchase orders.

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Job summary 8

We are in search of a self-directed Sourcing Specialist to manage the procurement of headwear and accessories for our company.

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Job summary 9

We are seeking a Sourcing Specialist to join our team. This position supports the procurement of materials and/or services for new construction projects. These projects may include but are not limited to the following: wind, solar, battery storage, transmission, and distributed generation. This position executes the sourcing process for assigned business areas and implements policies and programs directed toward providing contracted services and materials. Employees in this role develop and execute complex sourcing agreements containing unique terms and conditions.

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Job summary 10

We are looking for a Sourcing Specialist.

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Frequently asked questions

What does a sourcing specialist do?

A Sourcing Specialist is a professional responsible for identifying, evaluating, and selecting suppliers of goods and services for a company. The specific role of a Sourcing Specialist can vary depending on the industry, company, and job requirements, but generally, a Sourcing Specialist is responsible for the following tasks:

Researching Suppliers: A Sourcing Specialist is responsible for researching potential suppliers of goods and services, including identifying new suppliers and evaluating existing suppliers.

Negotiating Contracts: A Sourcing Specialist must be able to negotiate contracts with suppliers, including pricing, delivery terms, and other terms and conditions.

Evaluating Supplier Performance: A Sourcing Specialist must monitor and evaluate the performance of suppliers, including measuring delivery performance, quality, and customer service.

Managing Supplier Relationships: A Sourcing Specialist must manage relationships with suppliers, including communicating with suppliers, resolving disputes, and addressing issues that arise.

Developing Supplier Strategies: A Sourcing Specialist must develop supplier strategies that align with the company's overall goals and objectives, including sourcing strategies, supplier consolidation, and supplier risk management.

Maintaining Data and Records: A Sourcing Specialist must maintain data and records related to supplier performance, supplier contracts, and other supplier-related information.

Ensuring Compliance: A Sourcing Specialist must ensure that all supplier contracts and relationships are compliant with relevant regulations and company policies.

Collaborating with Other Departments: A Sourcing Specialist must collaborate with other departments, including operations, finance, and legal, to ensure that sourcing strategies and supplier relationships align with company goals and objectives.

Overall, a Sourcing Specialist plays a critical role in identifying, evaluating, and selecting suppliers of goods and services for a company. The role requires strong communication, negotiation, and project management skills, as well as the ability to work effectively with other departments and stakeholders.

What skills does a sourcing specialist need?

The skills required for a Sourcing Specialist can vary depending on the industry, company, and job requirements, but generally, the key skills for a Sourcing Specialist include:

Communication: A Sourcing Specialist must have excellent communication skills, both verbal and written, to communicate effectively with suppliers, other departments, and stakeholders.

Negotiation: A Sourcing Specialist must have strong negotiation skills to negotiate pricing, delivery terms, and other terms and conditions with suppliers.

Project Management: A Sourcing Specialist must have strong project management skills to manage multiple sourcing projects simultaneously, meet deadlines, and communicate effectively with other team members and stakeholders.

Analytical Skills: A Sourcing Specialist must have strong analytical skills, including the ability to analyze supplier performance data, financial data, and market trends.

Relationship Management: A Sourcing Specialist must have strong relationship management skills to manage supplier relationships, including communicating with suppliers, resolving disputes, and addressing issues that arise.

Strategic Thinking: A Sourcing Specialist must be able to think strategically and develop sourcing strategies that align with the company's overall goals and objectives.

Problem-Solving: A Sourcing Specialist must have strong problem-solving skills to identify and resolve issues related to supplier performance, contracts, and other supplier-related issues.

Attention to Detail: A Sourcing Specialist must have strong attention to detail to maintain accurate records of supplier performance, contracts, and other supplier-related information.

Compliance: A Sourcing Specialist must have a good understanding of relevant regulations and company policies related to sourcing and supplier relationships.

Teamwork: A Sourcing Specialist must be able to work effectively as part of a team, including collaborating with other departments and stakeholders.

Overall, a Sourcing Specialist must have a combination of communication, negotiation, project management, analytical, and relationship management skills, as well as the ability to work effectively with other teams and stakeholders.

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