Sourcing Specialist

Sourcing Specialist

This position is responsible for driving supply chain cost effectiveness and performance improvement with suppliers, while minimizing supplier risks for assigned categories. Their core focus will be on proactively identifying leverage opportunities, driving supplier actions that deliver value to diverse stakeholders. The successful candidate will develop key strategic relationships with suppliers to support global sourcing, manufacturing, and new product development strategies. The successful candidate will have a close working relationship and collaboration with the global strategic sourcing, manufacturing, quality, operational procurement and business unit leadership in strategy formulation, supplier selection, and supplier management. The successful candidate will also utilize tools and processes to gather cross functional alignment from key stakeholders, and lead continuous improvement initiatives. Responsibilities will include monitoring key market movements, proactively identifying potential challenges or risks, and resolving issues with suppliers.

This is a hybrid role with the requirement of working onsite at our St Louis, MO facility 3 days/week. This role is not eligible for Visa Sponsorship or H1B Transfer.

What You'll Do as a Sourcing Specialist

• Provide sourcing support to Marketing / R&D / Finance / Service / Quality in all stages of new product development in accordance with STERIS' NPD process.
• Develop and maintain expertise in the supply base's contemporary technology that can be utilized to upgrade existing products and designed into new products.
• Work with Operations and site teams to source commodities and work with Corporate and site teams on projects in site or across multiple sites.
• Develop cross-functional short- and long-term strategies to source assigned commodities to drive maximum value while ensuring supply continuity. Lead the identification of key supplier/partners to strategically source. Work with cross-functional team to align key strategic suppliers and capabilities with new product development needs.
• Conduct negotiations and issue contracts/agreements in accordance with all applicable laws and regulations within the guidelines of STERIS Policies and Procedures. Negotiate, structure and secure agreements with selected suppliers.
• Establish strong relationships with key suppliers through tracking of key metrics and establish collaborative environment to optimize supplier performance and innovation, monitor supplier performance and take actions for necessary improvements.
• Lead and/or organize all necessary supplier audits including commercial, financial, and technical to ensure that STERIS maintains and continues to develop a robust and capable supply base.
• Support dual / multiple sourcing efforts for assigned categories at the lowest total acquisition cost and lead or support teams to achieve identified targets.
• Work cross functionally with quality and purchasing partners to improve Quality, Delivery and cost performance for assigned categories.
• Increase knowledge in lean manufacturing concepts and apply lean replenishment techniques as well as general continuous improvement opportunities to improve supplier performance in targeted areas.
• Provide regular updates and reports to manager and purchasing staff on cost improvements and new product development programs.
• In addition to the above, Sourcing Specialist will be required to support manufacturing activities by placing purchase orders and expediting to meet build requirements.
• Carry out duties in an ethical, legal and professional manner that contributes to both our internal and external Customers' satisfaction.

The Experience, Skills, and Abilities Needed

Required

• Bachelor's Degree in Supply Chain, or related technical field.
• Three (3) to five (5) years' experience in Purchasing / Sourcing, or other business experience requiring strong negotiating skills.
• Experience in all aspects of sourcing including contract negotiations, commodity based materials management, project management, and commercial analysis.
• Excellent knowledge of MS Office applications like Excel, Word, PowerPoint, and project management tools.

Preferred

• ISM or ASCM certification.
• MBA.

Other

• Excellent communication, problem solving, project management, organizational and negotiation skills.
• Driven and enthusiastic about opportunities to establish new approaches to reduce TCO.
• Responds with a sense of urgency to meeting and supporting the needs of each and every Customer, providing innovative and comprehensive solutions.
• Effectively negotiates, influences and collaborates with others. Seeks a creative, win/win solution.
• Builds constructive and effective relationships cross-functionally; effectively manages through conflict while maintaining relationships.
• Effectively handles change, ambiguity and changing priorities staying focused on achieving the key priorities for the business.
• Effectively manages projects, assessing time, resources, investment, etc. ensuring deadlines and objectives achieved.
• Keeps current on the industry, the "Customer," market and other external factors impacting the role and/or business and benchmarks for improvement of processes and applications.

What STERIS Offers

We value our employees and are committed to providing a comprehensive benefits package that support your health, well-being, and financial future.

Here is just a brief overview of what we offer:

• Market Competitive Pay.
• Extensive Paid Time Off (PTO) and 9 added Holidays.
• Excellent Healthcare, Dental and vision benefits.
• Long/Short Term Disability coverage.
• 401(k) with a company match.
• Maternity & Paternity Leave.
• Additional add-on benefits/discounts for programs such as Pet Insurance.
• Tuition Reimbursement and continued educations programs.
• Excellent opportunities for advancement in a stable long-term career.

STERIS does not accept unsolicited resumes/CV's from individual recruiters or third-party recruiting agencies in response to job postings.

#LI-BB1