Sourcing Specialist

Sourcing Specialist
General Overview:
Our client, a local furniture manufacturer, is seeking a Sourcing Specialist to join the team! This position with a local "true to craft" commercial furniture manufacturer will be full-time and directly hired to the company.
Key Responsibilities:

• 
  New Product Sourcing:
  
  • Identify and vet potential suppliers by researching availability of parts, equipment, machinery, services, and materials.
  • Support various departments including Marketing, R&D, Finance, Service, and Quality during all phases of product development.
  • Collaborate with Engineering to explore new materials and vendors for cost efficiency and innovative product designs.
  • Participate in supplier evaluations including bid analysis, cost assessment, price justifications, and risk management.
• 
  Sourcing Disruption Risk Mitigation:
  
  • Investigate and address historical supply chain disruptions, focusing on lead times, supplier stability, quality issues, and cost increases.
  • Source alternative suppliers for critical components, prioritizing high-risk areas.
  • Aid in the evaluation and validation process for alternative suppliers to ensure part viability.
• 
  Inventory Management:
  
  • Monitor and analyze incoming freight costs, particularly for overseas shipments.
  • Evaluate inventory processes to ensure accuracy and efficiency, including management of slow-moving inventory.
  • Adjust reorder points and quantities in our systems based on recent trends and supplier lead times.
  • Lead initiatives to update supplier lead times in our systems for enhanced data accuracy.
• 
  Additional Responsibilities:
  
  • Support the Purchasing and Operations teams with additional projects as needed.

What We Require:

• At least 3 years of experience in purchasing or sourcing.
• Proficiency in MRP software and understanding of BOM structures.
• Advanced skills in Microsoft Office Suite.
• Strong negotiation skills.

Compensation and Benefits:

• Competitive salary
• 401K retirement plan
• Paid vacation and holidays

Core Insurance Benefits:

• Medical, Dental, and Vision Insurance
• Basic Life Insurance and AD&D

Supplemental Insurance Benefits:

• Short and Long Term Disability
• Group accident, critical illness, and cancer insurance policies

This position offers an opportunity to impact our operations directly while working in a dynamic and supportive environment.
INDGre