Insight Global
Strategic Sourcing Specialist
Insight Global, California, Missouri, United States, 65018
Responsible to improve the supply chain operations by working with suppliers and vendors to negotiate contracts and improving processes related to receiving parts and inventory. Follows the business strategic plans to reduce costs, improve delivery time, and ensures that the supply chain remains in alignment with the needs of the company.
Responsibilities:
Support negotiation and execution of agreements to reach lowest total cost including terms to mitigate economic and currency fluctuations as appropriate (e.g., long-term agreements, make/buy decisions, market tests, etc.).Develop expertise on procurement of commodities related products and components that support Aerospace requirements.Process Requests for Quote (RFQs) and purchase orders for sourcing goods and services to achieve savings based on targeted specifications.Analyze and generate quote comparisons from multiple suppliers and provide proposed decisions to management.Create and execute supplier rationalization plans and support transition to existing and/or new suppliers. Implement overlap plans to prevent any Production interruption.Develop Long Term Agreement (LTA) strategies with selected suppliers.Create sourcing strategy that focuses on low cost national opportunities.Maintain a complete and current supplier database following strict process requirements.Strategically travels on an as needed basis to suppliers to build and maintain visibility of company and individual status to ensure schedules meet business expectations.Prepare status reports and create supplier Key Performance Indicators (KPI) for on time delivery performance, quality performance.Prepare Purchase Part Variance (PPV) status and report to senior management. Ability to explain trends and reasons for variances.Lead cost reductions projects and initiatives to achieve overall business objectives.Lead quarterly business reviews with suppliers to determine need for additional support and discuss planned vs. actual results. This will include corrective action plans, alternate sourcing strategies, and contract adherence.Work with Quality Assurance to maintain and update Critical Supplier List.Maintain Approved Supplier List (ASL) with Quality Assurance. Work with accounting to add suppliers as needed to ERP systems for future buys.Support or conduct pre-screening activities to qualify alternative supply sources on key products and services based on risk mitigation, cost reduction opportunities, etc.Conduct market analyses that contribute to an optimal selection of strategic suppliers, in accordance with commodity strategies.Negotiate price, quantity, and delivery schedules with suppliers.Provide solutions to improve company spending and outsourcing based on data analysis.Provide support to site buyers/procurement specialists, as needed.Analyze and improve existing procurement systems, vendor agreements, logistical arrangements, and workflow systems.Track contract renewals, extensions, and modifications.Arrange supplier meetings with appropriate personnel for negotiations, capacity and capabilities reviews, monitoring and surveillance assessments, etc.Recognize and respond to customer expectations with sense of urgency.Take actions and decisions to generate ideas, products, processes in promised timely manner; involved in designs and work requiring creative imagination on a high level.Set goals in consistency with company objectives and adapt plans to changing.Perform other related duties as assigned.
Salary Range:
Salary Range is 120k-130k.
Minimum Requirements:
Bachelors degree in Business Administration, Supply Chain, Finance, Material Management, Economics, or equivalent. Advanced degree preferred.5-8 years of supply chain experience with strategic sourcing desired.Experience with AS9100 and ITAR requirements.This position requires use of information or access to hardware which is subject to the International Traffic in Arms -- Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.
Nice to Have Skills & Experience:
Certification in procurement or supply chain management (APICS or ISM certification preferred).Proficiency in supplier management and contract negotiations.Strong technical skills, familiarity with global sourcing, experience drafting and negotiating contracts.Ability to manage multiple priorities, effective Team Player.Planning, interpersonal, and communication skills are required.Results driven with excellent project and time management skills.
Benefits:
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.
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Responsibilities:
Support negotiation and execution of agreements to reach lowest total cost including terms to mitigate economic and currency fluctuations as appropriate (e.g., long-term agreements, make/buy decisions, market tests, etc.).Develop expertise on procurement of commodities related products and components that support Aerospace requirements.Process Requests for Quote (RFQs) and purchase orders for sourcing goods and services to achieve savings based on targeted specifications.Analyze and generate quote comparisons from multiple suppliers and provide proposed decisions to management.Create and execute supplier rationalization plans and support transition to existing and/or new suppliers. Implement overlap plans to prevent any Production interruption.Develop Long Term Agreement (LTA) strategies with selected suppliers.Create sourcing strategy that focuses on low cost national opportunities.Maintain a complete and current supplier database following strict process requirements.Strategically travels on an as needed basis to suppliers to build and maintain visibility of company and individual status to ensure schedules meet business expectations.Prepare status reports and create supplier Key Performance Indicators (KPI) for on time delivery performance, quality performance.Prepare Purchase Part Variance (PPV) status and report to senior management. Ability to explain trends and reasons for variances.Lead cost reductions projects and initiatives to achieve overall business objectives.Lead quarterly business reviews with suppliers to determine need for additional support and discuss planned vs. actual results. This will include corrective action plans, alternate sourcing strategies, and contract adherence.Work with Quality Assurance to maintain and update Critical Supplier List.Maintain Approved Supplier List (ASL) with Quality Assurance. Work with accounting to add suppliers as needed to ERP systems for future buys.Support or conduct pre-screening activities to qualify alternative supply sources on key products and services based on risk mitigation, cost reduction opportunities, etc.Conduct market analyses that contribute to an optimal selection of strategic suppliers, in accordance with commodity strategies.Negotiate price, quantity, and delivery schedules with suppliers.Provide solutions to improve company spending and outsourcing based on data analysis.Provide support to site buyers/procurement specialists, as needed.Analyze and improve existing procurement systems, vendor agreements, logistical arrangements, and workflow systems.Track contract renewals, extensions, and modifications.Arrange supplier meetings with appropriate personnel for negotiations, capacity and capabilities reviews, monitoring and surveillance assessments, etc.Recognize and respond to customer expectations with sense of urgency.Take actions and decisions to generate ideas, products, processes in promised timely manner; involved in designs and work requiring creative imagination on a high level.Set goals in consistency with company objectives and adapt plans to changing.Perform other related duties as assigned.
Salary Range:
Salary Range is 120k-130k.
Minimum Requirements:
Bachelors degree in Business Administration, Supply Chain, Finance, Material Management, Economics, or equivalent. Advanced degree preferred.5-8 years of supply chain experience with strategic sourcing desired.Experience with AS9100 and ITAR requirements.This position requires use of information or access to hardware which is subject to the International Traffic in Arms -- Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.
Nice to Have Skills & Experience:
Certification in procurement or supply chain management (APICS or ISM certification preferred).Proficiency in supplier management and contract negotiations.Strong technical skills, familiarity with global sourcing, experience drafting and negotiating contracts.Ability to manage multiple priorities, effective Team Player.Planning, interpersonal, and communication skills are required.Results driven with excellent project and time management skills.
Benefits:
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.
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