Strategic Sourcing Specialist

Strategic Sourcing Specialist

Job Description

The Strategic Sourcing Specialist plays a key role in supporting product development, supplier management, and purchasing operations across the organization. This role partners closely with overseas factories, internal cross-functional teams, and leadership to ensure timely sourcing, accurate product setup, and efficient execution of initiatives from concept to delivery.

Key Responsibilities

Supplier & Overseas Factory Management

• Develop and maintain strong working relationships with overseas factories to ensure quality, pricing, and on-time production.
• Coordinate sample requests, product specifications, timelines, and approvals with international suppliers.
• Evaluate supplier capabilities, negotiate cost improvements, and track performance metrics.

Purchasing & Cost Management

• Source components and finished goods based on business needs, cost targets, and quality standards.
• Request quotes, analyze supplier pricing, and prepare cost comparisons and recommendations.
• Assist in purchase order creation, tracking, and resolution of supply chain issues.

New Product Development & Design Support

• Collaborate with product development, design, and marketing teams to support new product concepts and enhancements.
• Communicate design requirements, material options, and manufacturability feedback between internal teams and factories.
• Manage timelines and ensure alignment between design intent and manufacturing feasibility.

ERP Product Creation & Data Management

• Set up and maintain new product records in the ERP system, including BOMs, SKUs, costing, and supplier details.
• Ensure data accuracy and consistency across systems to support production, inventory, and finance workflows.
• Maintain sourcing and product databases, including pricing, lead times, and compliance documentation.

Reporting & Analytics

• Prepare sourcing, cost, inventory, and supplier performance reports to support decision-making.
• Track key metrics such as lead times, cost savings, order accuracy, and initiative progress.
• Analyze demand, pricing trends, and category performance to identify sourcing opportunities.

Initiative Management

• Lead and coordinate cross-functional sourcing initiatives, ensuring milestones and deliverables are met.
• Support the execution of new product launches, vendor transitions, and cost-reduction programs.
• Facilitate communication between departments to ensure smooth workflow and timely issue resolution.
• Manage schedules, priorities, and expectations to drive initiatives from planning through completion.

Qualifications

(Customizable depending on your needs)

• Experience in sourcing, purchasing, supply chain, or category management.
• Experience working with overseas suppliers (preferred Asia).
• ERP system proficiency (SAP, Oracle, NetSuite, etc.).
• Strong analytical, communication, and initiative-management skills.
• Ability to manage multiple priorities in a fast-paced environment.

Job Type: Full-time

Pay: $60,000.00 - $65,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Work Location: In person