Position Summary

The Sourcing Specialist is responsible for driving supply chain cost effectiveness and performance improvement with suppliers, while minimizing supplier risks for assigned categories. The core focus will be on proactively identifying leverage opportunities, driving supplier actions that deliver value to diverse stakeholders. The successful candidate will develop key strategic relationships with suppliers to support global sourcing, manufacturing, and new product development strategies. The successful candidate will have a close working relationship and collaboration with the global strategic sourcing, manufacturing, quality, operational procurement and business unit leadership in strategy formulation, supplier selection, and supplier management. The Sourcing Specialist will also utilize tools and processes to gather cross functional alignment from key stakeholders, and lead continuous improvement initiatives. Responsibilities will include monitoring key market movements, proactively identifying potential challenges or risks, and resolving issues with suppliers.

Duties

• Provide sourcing support to Marketing / R&D / Finance / Service / Quality in all stages of new product development in accordance with STERIS’ NPD process.
• Develop and maintain expertise in the supply base’s contemporary technology that can be utilized to upgrade existing products and designed into new products.
• Work with Operations and site teams to source commodities and work with Corporate and site teams on projects in site or across multiple sites.
• Develop cross-functional short and long term strategies to source assigned commodity to drive maximum value while ensuring supply continuity. Lead the identification of key supplier/ partners to strategically source. Work with cross-functional team to align key strategic suppliers and capabilities with new product development needs.
• Conduct negotiations and issue contracts/agreements in accordance with all applicable laws and regulations within the guidelines of STERIS Policies and Procedures. Negotiate, structure and secure agreements with selected suppliers.
• Establish strong relationships with key suppliers through tracking of key Metrics and establish collaborative environment to optimize supplier performance and innovation, monitor Supplier performance and take actions for necessary improvements.
• Lead and/or organize all necessary supplier audits including commercial, financial, and technical to ensure that STERIS maintains and continues to develop a robust and capable supply base.
• Support Dual / Multiple Sourcing efforts for assigned categories at the lowest total acquisition cost and lead or support teams to achieve identified targets.

Duties - cont'd

• Work cross functionally with quality and purchasing partners to improve Quality, Delivery and cost performance for assigned categories.
• Increase knowledge in lean manufacturing concepts and apply lean replenishment techniques as well as general continuous improvement opportunities to improve supplier performance in targeted areas.
• Provide regular updates and reports to manager and purchasing staff on cost improvements and new product development programs.
• In addition to the above, Sourcing Specialist will be required to support manufacturing activities by placing purchase orders and expediting to meet build requirements.
• Carry out duties in an ethical, legal and professional manner that contributes to both our internal and external Customers’ satisfaction.

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Required Experience

• Bachelor's Degree in related field.
• Three (3) to five (5) years’ experience in Purchasing / Sourcing, or other business experience requiring strong negotiating skills.
• Experience in all aspects of sourcing including contract negotiations, commodity based materials management, project management, and commercial analysis.
• Excellent knowledge of MS Office applications like Excel, Word, PowerPoint, and project management tools.

Preferred Experience

• ISM or ASCM certification.
• MBA.
• Experience sourcing indirect commodities and MRO products.

Working Conditions

• This is a hybrid opportunity. 3 days/week onsite. 2 days/week remote.