Strategic Sourcing Specialist

About This Role

This specialist role is responsible for the strategic management of supplier relationships within the Freight commodity and other assigned commodities. The role involves implementing freight and logistics strategies to ensure timely delivery of project and customer commitments, while proactively managing and optimizing transportation and logistics services and spend. The specialist will create innovative sourcing strategies to mitigate risks to business operations and develop relationships with suppliers that provide the best value to Trew.

Responsibilities

• Ensure continuous supply of required services and communicate any supply problems which may pose a risk or impact on business operations
• Monitor market trends, competitor strategies, and market suppliers
• Research and evaluate areas of opportunity and reduce costs where possible
• Explore alternate supplier sources for freight/logistics services, including parcel, LTL, FTL, cross-border, brokers, and 3PLs
• Collaborate with project managers and engineering teams to define sourcing requirements, timelines, and budgets for customer projects
• Develop and maintain procurement schedules aligned with customer project milestones
• Act as a liaison between the procurement, project management, and finance teams and collaborate with internal stakeholders to align logistics strategies with business objectives
• Assess and evaluate suppliers and coordinate annual performance reviews to ensure contract compliance and manage performance improvement activities
• Monitor and assess carrier performance through KPIs such as on-time delivery, claims ratio, SLA compliance, and cost per unit
• Develop complex risk management strategies for a project-based business utilizing just-in-time shipping related to freight capacity constraints, geopolitical risks, and rate volatility
• Develop creative and innovative procurement processes and strategies that improve operational efficiency, add value, and aid business performance
• Support acute vendor issues with respect to delivery or their associated products and support supplier recovery implementation by leveraging existing relationships and networks developed through industry experience
• Create and manage RFQ packages with current and prospective suppliers and analyze for best value to project and the Company
• Manage supplier production development schedule and, as needed, support prototype parts delivery in coordination with new product development schedule
• Negotiate contracts, improved prices, and terms of business with suppliers and review opportunities to add value to the Company
• Research potential vendors' abilities and products via supplier visits and assessments
• Develop and execute sourcing strategies

Requirements