Sourcing Specialist

GENERIC DESCRIPTION.

The Sourcing Specialist is responsible for identifying, evaluating, and securing strategic suppliers to meet the organization’s material and service needs while supporting new product introductions (NPI). This role involves analyzing market trends, negotiating contracts, optimizing procurement processes, and ensuring

alignment with product development timelines. The Sourcing Specialist collaborates cross-functionally to drive cost-effectiveness, quality, and innovation in the supply chain. Requires a professional degree, strong

analytical skills, advanced English proficiency, and at least four years of experience in sourcing or procurement roles.

JOB RESPONSIBILITIES

1. Identify and evaluate suppliers ensuring quality, reliability, and cost-effectiveness.
2. Negotiate contracts and terms to optimize pricing, delivery, and service levels, prioritizing NPI timelines.
3. Conduct market research to identify sourcing opportunities and support product innovation.
4. Build and maintain strong supplier relationships for collaboration and responsiveness.
5. Collaborate with cross-functional teams to align sourcing with NPI goals and timelines.
6. Source materials and components for prototypes, pilot runs, and production phases.
7. Coordinate supplier qualification, audits, and sample validations.
8. Monitor supplier KPIs such as delivery, quality, and cost performance.
9. Optimize sourcing processes to reduce costs and improve efficiency.
10. Maintain a supplier database including contracts, performance, and NPI capabilities.
11. Identify and mitigate risks such as disruptions or material shortages.
12. Develop cost models and forecasts to support strategic sourcing decisions.
13. Ensure compliance with company policies, ethics, and regulations.
14. Diversify supplier base to reduce dependency and increase scalability.
15. Coordinate with logistics for timely delivery of NPI materials.
16. Implement sustainable sourcing aligned with CSR objectives.