Strategic Sourcing Specialist
Location: Remote (US) - you have to be a US citizen of a Permanent resident of US
Position Overview
We are seeking a Strategic Sourcing Specialist to develop and execute sourcing strategies that ensure a reliable, cost-effective, and competitive supply base for raw materials and packaging.
This role partners closely with Operations, R&D, and Quality to support product commercialization while driving supplier performance, contract optimization, risk management, and continuous cost improvement.
Key Responsibilities
- Develop and execute sourcing strategies that support organizational objectives for quality, cost, and regulatory requirements.
- Partner with cross-functional teams to support product commercialization through timely and cost-effective sourcing strategies.
- Strategically consolidate the supplier base to leverage purchasing power and improve commercial terms.
- Proactively minimize supply interruptions by utilizing a risk-based approach to diversifying the supplier network.
- Monitor supplier performance using key metrics, including on-time delivery, quality, responsiveness, and service levels.
- Work with suppliers to improve service levels and consistently meet performance targets.
- Collaborate with suppliers to identify opportunities for cost reductions, process improvements, rebates, and additional commercial concessions.
- Recommend sourcing actions based on current and forecasted market conditions, including commodity changes and tariffs, to proactively manage business impacts.
- Collaborate with R&D and Quality teams to evaluate and qualify new materials and packaging technologies.
- Identify opportunities with suppliers to reduce costs and improve overall sourcing efficiency.
- Represent the organization at trade shows, supplier meetings, and industry events to expand sourcing opportunities and strengthen supplier relationships.
- Support continuous improvement initiatives using change management tools and methodologies.
- Participate in team meetings and contribute to issue resolution and dashboard reporting.
- Stay current with industry trends and best practices through continuing education and professional networking.
- Ensure sourcing activities comply with applicable SQF, FDA, and USDA regulations.
- Understand long-term organizational goals and contribute to strategic sourcing initiatives that align with broader business objectives.
- Maintain regular and reliable attendance on a full-time basis.
- Maintain professional relationships with internal and external business partners and consistently represent the organization in a positive manner.