Sourcing Specialist

FLSA Status: Exempt
Department: Supply Chain
Reports To: Sourcing Manager

Position Summary

Supports strategic sourcing through supplier research, competitive bidding, commercial analysis, negotiations, and market intelligence. Focuses on supplier selection and commercial optimization before purchasing execution.

Key Responsibilities

• Conduct supplier market research and identify qualified suppliers.
• Prepare and manage RFQs and RFPs.
• Analyze supplier quotations and total cost of ownership.
• Develop bid evaluations and award recommendations.
• Support supplier qualification and preferred supplier programs.
• Assist with negotiation of pricing, rebates, terms and blanket agreements.
• Monitor commodity markets and supplier risks.
• Transition awarded suppliers to Purchasing for execution.

Key Performance Indicators (KPIs)

• Cost Savings
• Cost Avoidance
• Spend Under Contract
• Preferred Supplier Utilization
• RFQ Cycle Time
• Supplier Response Rate

Qualifications & Skills

• Bachelor's degree preferred.
• 3–5 years relevant experience.
• ERP/Procurement system experience.
• Strong communication and organizational skills.
• Ability to manage multiple priorities.