Position Summary
The Sourcing Specialist's primary role is to promote and implement tactical and strategic sourcing activities while proactively managing assigned commodities, supply base, and contract management. They construct RFx’s andare responsible fornegotiating products or services from strategic suppliers. Additionally, they overseeprice books.They are also responsible forestablishingand maintaining supplier relationships to seek maximum value for the company, including total cost of ownership. This position reports to the Sourcing Manager and is based in downtown Houston, TX.Level and salarycommensuratewith experience.
Essential Job Functions
Leadprice bookefforts,developRFxdocumentsandconduct data analysis. Oversee the entireprice booklifecycle, frominitialcreationtorevisions and closures.
Drive cost-saving initiatives through effective contract negotiations, innovative sourcing strategies, and enhanced supply chain management techniques, including target costing and supplier performance management. Ensure contracts maximize value, reduce risk, and support long-term business goals.
Manage and administerpricebooksemphasizing collaboration,transparencyandaccuracy.
Oversee data collection, storage, and analysis processes tomaintaindata integrity and accessibility, while developing and implementing data management strategies that align with organizational goals and improve decision-making.
Identifyand oversee new product development opportunities, integrating new business units into sourcing initiatives.
Evaluate alternative proposals anddeterminethe most effective strategies to achieveobjectives.
Select suppliers that meet required standards for quality, flexibility, reliability, and pricing for specified services and commodities.
Engage in Supplier Relationship Management.