Strategic Sourcing Specialist - Supply Chain - Salt Lake City, Utah, United States, 84116
While upholding Hoyt's Policies and Mission and Vision Statements, The Strategic Sourcing Specialist is responsible for assisting with spend categorization, identifying strategies for value enhancement, supporting supplier development strategies, and leading key strategic supply chain initiatives. This role has responsibility for sourcing and supply chain leadership as well as support and coordination stakeholders within supply chain, production and engineering in the identification and execution of sourcing opportunities.
Develop sourcing opportunities that improve cost, lead times working capital and payment terms
Identify and prioritize opportunities for supply chain optimization; Conduct current and future supplier qualifications, periodic supplier audits, Supplier corrective actions, etc.
Monitor supplier performance in the areas of Quality, Availability and On Time Delivery, develop metrics, and hold periodic business reviews to ensure high supplier performance and accountability
Develop high impact strategic supplier relationships to provide world class service and products in coordination sites and corporate policies across multiple industries and businesses.
Identify and assist deployment of cost savings, quality improvements, structuring cost reduction programs using value analysis techniques, and other tool sets to reduce supply chain complexities and waste.
Participate in and drive cost and delivery initiatives through supplier contract negotiations
Execute strategic sourcing initiatives as assigned by Director of Supply Chain
Working knowledge of supply chain concepts (e.g., Design, Plan, Buy, Make, etc ), planning (e.g., material, production, demand), and Enterprise Resource Planning (ERP) systems
Displays significant business acumen and understanding of supply chain best practices
Solid record of managing suppliers to a high level of performance and accountability, executing contracts, and holding suppliers accountable to commitments
Experience operating in an ISO environment
Training and Education:
Bachelor's degree or equivalent.
APICS or CPM Certification strongly preferred
Required Prior Work Experience:
Purchasing and Supply Chain Management - 5+ Years
Strategic Sourcing - 5+ Years
Supplier Management - 5+ Years
Supplier Quality - 5+ Years
Quality and Competency Requirements:
Decision Making and Problem Solving:
This individual must make decisions that affect what and how the company sources, when/where it gets produced, and materials purchased. In addition, the Strategic Sourcing Specialist is expected to determine and effectively solve any problems when they arise.
Interaction with Others:
The Strategic Sourcing Specialist has to have the ability to work well with all internal departments, to understand each department's capabilities, and to help solve problems.
Supervisory and Leadership Responsibilities:
The Strategic Sourcing Specialist has no direct accountability for the work of others, however provides technical assistance and guidance to others.
Physical environment - This position spends most of the time in an office environment at a desk with potential exposure to wrist and eye strain from computer use. Some time is spent in the production area with potential
Mental Pressure - Pressures arise from the requirement to manage a complex supplier base and provide reports in a timely manner. There are constant interruptions that detract from work requiring accuracy and concentration.
To promote a healthy lifestyle and work environment Hoyt only hires NON-TOBACCO users. Includes Vaping.