Specialist - Sourcing

Job Description

Key Responsibilities: Vendor Identification and Evaluation: Discover and assess potential vendors to ensure they meet the organizations manufacturing requirements for parts and products. Budgeting and Supplier Selection: Provide detailed budget estimates, select suppliers, and manage tooling supplier choices according to project timelines and specifications. Collaborate on VAVE Initiatives: Work closely with the Product Development and R&D teams on Value Analysis/Value Engineering (VAVE) ideas to optimize product designs and processes. Vendor Negotiations: Negotiate with vendors to achieve favorable agreements on pricing, quality standards, delivery schedules, and payment terms for the best outcomes for the company. Quality Control Oversight: Establish and maintain quality control and assurance systems to ensure high product standards are consistently met. Strategic Sourcing: Develop and implement sourcing strategies to mitigate risks related to vendor concentration, supply chain disruptions, and geopolitical factors. Relationship Management: Build and maintain strong relationships with raw material suppliers to secure the best possible pricing and terms for the organization.