About the job Sourcing Specialist
Company Overview:
Brass International is a provider of outsourced solutions for CPG brands across a variety of health and wellness product categories. Our solutions include product innovation, design and development, sourcing, contract manufacturing, marketing and sales. Based in Mooresville, North Carolina, our company has been in business for over 15 years and has established a strong reputation for excellence in the industry.
Job Summary
Job Summary: We are seeking a highly skilled and detail-oriented Sourcing Specialist to join our procurement team. The Sourcing Specialist will play a crucial role in identifying, evaluating, and acquiring goods and services from suppliers to meet the needs of our organization. This position requires strong negotiation skills, market analysis expertise, and the ability to forge strategic supplier relationships to optimize cost, quality, and delivery.
Duties and Responsibilities
- Supplier Identification: Identify potential suppliers through industry trade shows, online marketplaces, advanced Google search prowess, market research and evaluation, considering factors such as cost, quality, reliability, and delivery capabilities.
- Negotiation: Conduct negotiations with suppliers to secure favorable terms, pricing, and contracts while ensuring alignment with organizational goals.
- Supplier Management: Develop and maintain strong relationships with key suppliers, monitor their performance, and implement strategies to address any issues or improvements.
- Cost Analysis: Analyze supplier proposals, pricing structures, and total cost of ownership to make informed sourcing decisions that optimize cost efficiency.
- Market Research: Stay updated on industry trends, market conditions, and emerging technologies to make informed sourcing recommendations.
- Sourcing Strategy: Collaborate with cross-functional teams to develop and implement sourcing strategies that align with organizational objectives.
- Contract Management: Review, negotiate, and manage supplier contracts, ensuring compliance with legal and regulatory requirements.
- Quality Assurance: Work with suppliers to ensure products or services meet established quality standards and specifications.
- Risk Assessment: Identify potential risks in the supply chain and develop risk mitigation plans to ensure continuity of supply.
- Cost Reduction: Continuously seek opportunities to reduce costs through negotiation, process improvement, and supplier optimization.
Requirements and Qualifications
- Bachelor's degree in Business, Supply Chain Management, or a related field; relevant certifications are a plus.
- Proven experience in sourcing and supply chain management.
- Strong negotiation and communication skills.
- Proficiency in market research and analysis.
- Familiarity with contract management and legal aspects of procurement.
- Ability to work effectively in cross-functional teams.
- Exceptional problem-solving and analytical abilities.
- Attention to detail and organizational skills.
- Demonstrated experience in independently leading complex supply chain projects (i.e. RFPs, sourcing initiatives, etc.).
- Analytical thinking and problem solving.
- Self-starter with a resourceful nature to solve problems in a collaborative nature.
- Ability to successfully multi-task in a fast-paced, rapidly scaling environment.
- Strong follow-up skills, attention to detail, and time management.
- Ability to operate in both strategic and tactical environments.
Has a continuous improvement mindset.
- Experience in skincare products or dietary supplements highly preferred.
- Strong ethics and integrity in supplier relationships.
Benefits:
- Competitive salary and benefits package
- Paid time off and holidays
- Professional development opportunities
- Collaborative and supportive work environment
If you are a driven and experienced marketing professional looking to take the next step in your career, we would love to hear from you. Apply now to join our dynamic team at Brass International!