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Job Description
Job Objectives:
- To help the company to make the sourcing process of a company or institution more efficient.
- This can be done through building relationships with suppliers, negotiating the cost and developing agreements that ultimately help a company grow and become more profitable.
Communication Relations:
- Coordinate with Finance to take payment information and to obtain budget details.
- Coordinate with Logistics and Warehousing to manage the delivery of the supplies.
- Coordinate with Planning to assess on-hand inventories of supplies and ensuring they are at appropriate levels.
- Coordinate with IT to maintain and access records, such as invoices, purchase orders and bidding contracts, to make sure they are up to date.
- Coordinate with Purchasing in materials requirements and its delivery dates.
- Coordinate with Sales in identifying and assessing customers’ needs to achieve satisfaction.
Responsibilities and Duties:
In order to facilitate an efficient sourcing process, a Sourcing Specialist performs many different tasks. We analyzed job listings for Sourcing Specialist in order to identify these core duties and responsibilities.
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To achieve operational plans by
- To develop and monitor implementation of planning policies and procedures.
- To develop communication channels with sales department to facilitate orders receiving and task assigning functions for staff.
- To lead planning activities and ensure availability of information needed for accurate Planning.
- To review purchasing plans and stock levels, and develop purchasing orders in coordination with logistics department and procurement department.
- Handle RFQ / PR from the sales team.
- Category Analysis Strategy
- Supplier management
- Supplier Budget
- Aged Inventory
- Negotiate Deals
- Draft Contracts
- Understand the Company’s Commodities
- Warehouse and Inventory Management
Job Requirements
Required Knowledge and skills:
- Sourcing Specialists are there to solve problems and increase efficiency, so they must be highly analytical and detail-oriented. In order to successfully negotiate, they also need to be excellent communicators who are persuasive and have great interpersonal skills. Juggling many tasks at once, they’re great at prioritizing and highly organized.
- Having sourcing experience
- Showing industry-specific experience
- Demonstrating a deep understanding of commodity
- Showing proficiency in basic computer applications
Advanced skills:
- While most employers did not require the following skills, multiple job listings included them as preferred. Add these to your Sourcing Specialist toolbox and broaden your career options.
Educational/Professional Requirements
- A bachelors degree in business, accounting, or a related field.
