Strategic Sourcing Associate

Sourcing Wood Dale, Illinois


Description

Strategic Sourcing Associate
The Strategic Sourcing Associate has procurement and analytical experience combined with the vision to create short-, mid-, and long-term sourcing solutions. In this role, you will be responsible for the identification and execution of cost savings programs. This individual must be confident in leading projects with a focus on the Sourcing Group’s vision and strategies.
A candidate for this position must be a creative problem-solver who thrives in a dynamic environment; an analytical thinker who is able to make competent decisions and solve problems based on relevant knowledge and experience.
Main Responsibilities
Strategy Development – Develop sourcing strategies based on rigorous analysis of spend data, supply market dynamics, category intelligence, and business requires to ensure supply base optimization and improvement to cost, quality and service.
Communication Skills – Strong written and oral communication skills are a must. Ability to present to senior management, build relationships and become an influencer in strategic decisions are critical to this position.
Negotiations – Strong negotiations skills- ability to support negotiations on global contracts.
Information Resource – Must provide stakeholders with relevant and timely market trends and analyses such as commodity and currency trends.
Technical Skills – A thorough understanding of manufacturing practices and the ability to understand product specifications and features are essential to success in this position.
Analytical Skills – Enjoy gathering and digging deeply into data to identify issues and creative, effective solutions.
Create and implement major material price movement strategy methodology including forward buying, and cost protection.
Create and establish external benchmark analysis including gap analysis and required actions to achieve functional competitive advantage.
Design and implement strategies to rationalize the supplier base and maximize the value of spend.
Partner with Quality to drive continuous improvement.
Implement programs to drive total cost of acquisition improvement activities to enhance margin and improve service levels.
Domestic travel may be required.
All other duties as assigned.
Qualifications
Demonstrated project management experience.
Bachelor’s Degree from an accredited college or university.
Minimum of three (3) years’ experience in a strategic sourcing role within a related industry.
Global experience leading cross-functional or geographically dispersed teams preferred.
Sense of urgency and comfort working in a fast-paced environment with a variety of simultaneous projects.
Solid analytical skills to understand market dynamics and business requirements.
Strong communication skills, both verbal and written, to convey ideas and processes.
Drive, determination, and a self-disciplined approach to achieving results.
Ability to complete work assignments accurately and quickly; ability to manage more than one initiative at once.
Ability to perform analysis and interpret data into actionable steps.
Ability to build strong relationships, both internally and externally
Focused on results – willingness to do what it takes to get the job done right.
Strong work ethic – self-starter able to demonstrate strong proactive approach and self-initiative; persistent and tenacious; excessive level of commitment and dedication to meet aggressive deadlines with high-quality results.
Demonstrated flexibility and open-mindedness around change; positive, can-do attitude.
Strong business acumen – strong financial, strategic, operational and leadership skills. Ability to understand business models and key drivers quickly.
Ability to see the “big picture” and use quantitative and qualitative data to create strategies that move Optimas forward.
Multi-lingual skills would be advantageous.
Must be proficient in Microsoft Excel and prior experience utilizing Business Intelligence tools is a plus