Strategic Sourcing Specialist

Rite-Hite is the global leader in the manufacture and distribution of industrial loading dock and door equipment. Our innovative products and world class sales organization ensure solid, consistent growth, both for our company and our staff. We are always looking ahead to develop innovative new products and services to improve our customers' safety, security, and productivity.

Rite-Hite provides competitive compensation and a comprehensive benefits package with medical, dental, and vision coverage along with life and paid medical leave. We also provide a retirement savings plan that combines 401(K) with company match and profit sharing. Paid holidays, vacation, and up to five paid personal/sick days per year round out the package.

Rite-Hite is an Equal Opportunity/Affirmative Action employer offering a drug free workplace for our customers and employees.

Rite-Hite is seeking a Strategic Sourcing Specialist to join our supply chain organization. This role offers a challenging and rewarding opportunity to contribute to the success of a global leader in the manufacture, sale, and service of equipment for loading docks, industrial doors, safety barriers, and industrial fans.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Identify and deliver material cost productivity to the cost of goods sold leveraging continuous improvement methodologies including Total Cost of Ownership (TCO) improvements through VA/VE, should-cost modeling, price negotiation and design-to-cost initiatives.
• Manage supplier expectations and performance, driving corrective action and improvements as prescribed using data analytics
• Develop, negotiate, and execute agreements with suppliers that provides best in class services
• Lead New Product Innovation projects from sourcing side by leveraging preferred supplier programs
• Identify new suppliers to support life cycle product strategy for new, existing, or end of life products
• Utilize Supplier Relationship software to support improved supplier execution
• Develop comprehensive RFx processes, analysis and reporting of benchmarking information including potential risks and financial, capacity, quality, and compliance issues associated with suppliers.
• Optimize the supply chain of goods and services from our suppliers to our customers by focusing on market driven responsiveness and Aid in material management escalations
• Internal Stakeholders: Collaborate effectively with key stakeholders (engineering, operations, quality, etc.) to understand sourcing requirements, ensure supplier qualification, and maintain high quality standards.
• Cross-functional Teams: Partner with business unit Procurement and Engineering teams to facilitate smooth supplier transitions.
• Supplier Selection: Conduct thorough RFx processes to select and negotiate contracts with optimal terms and conditions.
  

EDUCATION and/or EXPERIENCE

• Bachelor's Degree in Engineering, Supply Chain, Business or Operations or related field OR equivalent work experience
• 3 years' experience in Strategic Sourcing or related work environment
• Knowledge of supplier contracts, product conformity, quality toolbox and problem-solving methodologies
• Proficiency in data analysis and relevant procurement tools.
• Proven ability to assess, negotiate, and manage suppliers effectively.
• Strong collaboration, facilitation, and conflict resolution skills in a matrixed environment.
• Excellent verbal and written communication skills.
  

Preferred Qualifications:

• Experience with Business Intelligence (BI) software such as Power BI, Tableau, etc.
• Experience with ERP and Supplier Relationship software packages e.g. Oracle, JDE, etc.
• Familiarity with Continuous Improvement and Six Sigma concepts & methodologies
• Strong business acumen, including demonstrated knowledge of the four main financial statements
• Strong negotiation skills
• Advanced proficiency in Microsoft Office Suite, especially Excel.
• Spanish language skills are a plus.
  

Ideal if You Are:

• A strategic thinker with strong analytical and problem-solving skills.
• Results-oriented and thrive in achieving ambitious goals.
• An effective communicator and collaborator with excellent interpersonal skills.
• Proactive, self-motivated, and capable of working independently and in teams.

• Passionate about continuous improvement and innovation.
• Ability to interpret data and database application knowledge.
• Knowledgeable of purchasing techniques including strategic supplier concepts.
• Knowledgeable of supply solutions that optimize business investment costs.

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