Elizabethtown, NC, USA
3 days ago
Strategic Sourcing Specialist


We are seeking a talented Strategic Sourcing Specialist to work in a fast-paced multi-site manufacturing environment. The ideal candidate will play a key role within the sourcing group in executing cost takeout projects within Operations and New Product Development. This position requires an innovative individual with the willingness to take calculated risks, excellent communication skills and the ability to work with a diverse group of associates and in cross functional teams. This is a high visibility opportunity with advancement opportunities through operations or supply chain management

 

Responsibilities: 

Drive material cost improvements through purchase price reductions and material cost out activities through re-design. Execute sourcing funnel process with several commodities including but not limited to electronics, PCBA, electro-mechanical, motors, and coils.  Locate and develop suppliers globally and engage suppliers in projects to improve quality, lead-time, and price/terms.  Drive regular improvement in Purchase Price Variance (PPV) through RFQs, auctions, and negotiations with suppliers. Be responsible and accountable for the strategic direction and daily management of specific purchased commodities Execute the vendor consolidation process of identifying and developing strategically important suppliers Work closely with Supply Chain/Materials personnel to implement and receive benefits of best practices Support the negotiation strategies with suppliers ensuring inventory optimization is included in supplier contracts and agreements. Work with cross functional team supporting Value Analysis Value Engineering Events to identify cost-out opportunities in support of building the cost out funnel. Create and execute Commodity strategies to better align with supply chain; negotiate payment and working capital terms with suppliers that align to business terms. Negotiate MSA’s with Grow/Maintain/Preferred suppliers. Understand commodity trends utilizing pro-purchaser or Commodity Price Index (Not limited to) Negotiate MOQ/POQ/LT’s with suppliers as it aligns to the business standards
 

 

Qualifications: 

BS/BA Engineering or Business, with specific background with international sourcing Experience with Electonics commodity sourcing is preferred. 3-6 years progressive experience in planning, purchasing and inventory control within a low-volume high mix manufacturing environment preferred. CPIM (APICS) Certification is preferred Strong leadership skills with the ability to build consensus with many. Demonstrated ability to reduce material cost through material substitutions, material reductions, etc. Lean manufacturing experience including kanban planning, establishing reorder quantities, inventory optimization, and a strong process mind set Ability to develop and execute strategic plans, Self-starter and highly motivated Excellent cross-functional interpersonal, facilitation, communication and leadership skills Results driven with excellent organization, communication (written and oral), and presentation skill Proficient in Word, Excel, PowerPoint, performing queries in ERP systems (Business Objects), along with data gathering, manipulation, and analysis expertis International and domestic travel requirement of up to 15% 

 

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Fortive Corporation Overview


Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.


We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.


We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.


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