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Strategic Sourcing Specialist

Permanent Full Time G&A Mt. Juliet, TN, US

3 days ago Requisition ID: 1578

Company Overview:

DESTACO, a Stabilus Company, is a global leader in the design and manufacture of high-performance automation, workholding, and remote handling solutions. The company serves customers in variety of end-markets, including the automotive, life sciences, consumer goods, packaging, aerospace, and nuclear sectors.

Built on a legacy of over 100 years, DESTACO offers a comprehensive portfolio of products to engineer precise movement, placement and control solutions that drive productivity and uptime for manufacturers around the world. The DESTACO family of products consists of industry-leading brands such as DESTACO Manual and Power Clamps, Camco and Ferguson Indexers, Robohand Grippers and CRL Manipulators and Transfer Ports.

DESTACO is based in Auburn Hills, Michigan, and operates globally through ~700 employees across 11 locations.

With nearly 90 years of demonstrated expertise, The Stabilus Group is one of the world's leading providers of motion control solutions for customers across a broad spectrum of industries.

Stabilus, approaching 1.5B EUR in revenue, is headquartered in Koblenz, Germany and employs more than 7,000 team members across 34 locations in 18 countries.

StabilusSE is listed in the Prime Standard segment of the Frankfurt Stock Exchange and included in the MDAX index.

Position Summary:

The Strategic Sourcing Specialists plays a key role in implementing the Global Strategic Sourcing Strategy for the Commodities under his/her responsibility. Along with that Strategy, responsibilities include: Sending out “Requests for Quotes”; Analyzing Data; Negotiating Price, Payment Terms, Freight Terms, Stocking Programs, and Formal Contracts all in accordance with Companies’ Goals and Objectives.

The Strategic Sourcing Specialist reports to the Director, Global Strategic Sourcing, and will be located in the manufacturing facility assigned, or will work remote. You will work directly with the cross functional departments at your location including, Manufacturing, Engineering, Quality, Materials, Finance, and Safety.

Required travel of up to 30% of the time both domestically and internationally.

Key Job Responsibilities

Responsible for all Sourcing Activities for your location
Manage Supplier Relationship and Communication
Engage with Internal Customers to understand their needs and requirements as it relates to your Suppliers.
Be responsive to escalation requirements from your internal customers as it relates to Supplier communication or urgency.
Work with Engineering and Product Development on new Product Launches.
Manage all RFQ’s with Suppliers for timely completion.
Analyze all data in Excel Format and present results to internal customers.
Negotiate Price, Freight, Terms, Payment Terms, Stocking Programs, and Contracts for all new RFQ’s in accordance with Company’s Goals and Objectives.
Qualify and Approve all new Suppliers with Quality and Engineering.
Order Samples and PPAP requirements as needed.
Once Contract is finalized, communicate next steps to Material Planners for Production requirements.
Monitor Supplier Performance for On Time Delivery, Quality, Lead-time, and Cost Savings.
Send out Scorecards to top 10 Suppliers Monthly.
Plan, develop, and implement Cost Reduction plans for all commodities.
Lead Working Capital and Supply Chain efficiencies with all your Suppliers.
Supports inventory management optimization initiatives.
Prepares cost analyses based on the total cost of ownership.
Makes recommendations to optimize the supply chain and/or operations based on data.
Develops / participate in make-buy studies.
Support Production Meetings and the Planners as needed, and help develop strategies for improvement.

Job Requirements / Experience

Minimum of five (5) years’ experience in Strategic Sourcing and Procurement
5 years’ Experience working in a manufacturing environment
Experience Negotiating with Suppliers to establish a win-win environment.
Extensive experience collecting and analyzing data with strong Excel skills
Experience in driving and implementing Cost Savings for favorable PPV.
Working knowledge of product standard costing
Extensive experience in working with cross functional teams
Experience working in a lean manufacturing environment desirable
Working knowledge of Just-In-Time practices (JIT), Kanban, Min Max, and other inventory planning methods desirable
Experience in a low volume – high mix environment desirable
Experience working with global and cross-cultural teams desirable
International business experience is a plus
Indirect spend experience a plus
Knowledge of procurement trends, strategic sourcing processes and best practices, e.g. reverse auctions, e-sourcing tools is a plus.

Knowledge, Skills and Abilities

Strong business acumen, and a passion for problem solving
Effective communicator, both verbal and written, and not afraid of conflict.
Willing to dive into the details to understand issues and get to root cause.
Ability to understand cost breakdowns, develop cost estimates, and present recommendations based upon total cost analysis
Strong Microsoft Excel skills (including, but not limited to pivot tables, v-look ups, charts, and graphs)
Ability to multi-task and manage multiple projects at the same time
Ability to work in team environment as a Team Player seeking what’s best for the business.
ERP knowledge and experience – Oracle and Bravo preferred

Leadership Competencies

Global Strategic Mindset : Has strategic vision, possesses long term focus, creates breakthrough strategies to alter competitive dynamics in the market and establishes a series of competitive advantages yielding profitability that exceeds expectations of the organization.
Strong Business Acumen and Sound Judgment : Uses instinct and data to accurately assess business situations and industry trends; makes timely decisions.
Builds and Manages Relationships : Establishes and nurtures relationships with colleagues.
Self-Awareness and Personal Development : Role models a personal leadership style that includes self-awareness; accepts feedback, understands and maximizes strengths while working to overcome weaknesses

Education and Certification Qualifications

Bachelor degree in Supply Chain Management, Business, Science, or Engineering.

Travel Requirements

Ability to travel up to 30% of the time, with most travel expected in the early phases of projects.

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Stabilus Inc