Strategic Sourcing Specialist

Job Responsibilities

• Support a global strategic sourcing category responsible for EMEA and regional corporate services spend category.
• The Strategic Sourcing Specialist primary function is to ensure the health & outlook of the supply chain; and support the business by creating procurement strategies and plans, based upon budgets, and coordinating project/order related materials, services, and engineering requirements with total transparency to the team.
• MRO - Includes spare parts, tools, operations maintenance and repairs, cleaning supplies, chemicals, safety equipment, PPE, Electrical and other consumables which are necessary to manufacture Lincoln Electric products.
• Capital Expenditures – All Capital Expenditures, supporting the acquisition, improvement, or maintenance of medium to long-term assets such as property, plant, and equipment, machinery, vehicles, material handling solutions, buildings, and other fixed assets.  Surplus asset disposal services are also included.
• Facilities Management - Management and maintenance of our company's physical facilities; this includes document management, office supplies, rent, utilities, waste management and disposal services, building maintenance and repairs, janitorial services, landscaping, security, industrial gases etc.
• Other Operational Expenditure – eg. Quality Management Systems, Inspection and certification costs, environmental/remedial services, operational consultancy etc.
• Tail Spend Management
• Conduct detailed spend analysis to identify cost-saving opportunities
• Assist in the development of strategic sourcing plans for indirect spend categories
• Coordinate market research to stay informed about industry trends and best practices
• Utilize KPIs provided by the business intelligence team to monitor and report progress on key objectives, responsibilities, and initiatives
• Drive optimized levels of procurement cost including year over year savings targets, based on category spend data available.
• You will define and maintain formal strategic sourcing plans.
• In this role, you will partner collaboratively with all parts of the business, as well as the global procurement network, senior corporate leaders, and implement procurement strategies and policies, applying a structured approach.
• You will achieve your objectives by demonstrating a clear understanding of the business structure, good communications skills, a proactive, entrepreneurial mindset, and the ability to multitask and coordinate with various functions.
• The Strategic Sourcing Specialist is responsible for ensuring an optimized supply of quality services by:
• Clearly defining the supply chain in coordination with the cross-functional commodity team
• Creating insight from spend and data
• Implementing professional sourcing processes and coordinating procurement activities to deliver optimized material cost and ensure supply base meets the project’s cost, delivery and quality requirements.
• Understanding the scope of supply and customer contract agreements, performing risk analysis and preparing for supplier negotiations
• Identifying supply chain risks and monitoring the market forces related to supply chain to avoid potential issues/risks.

Job Requirements

• Master’s degree in a relevant field such as business Administration, Supply Chain Management or related field or MCIPS qualification
• 3+ years of experience in procurement or supply chain management
• Experience within Indirect Procurement
• Strong analytical and problem-solving skills
• Strong negotiation skills
• Ability to design, develop, and implement a category management strategic approach across a global organisation combined with exemplary Procurement capability and a track record of success
• Ability to build trust and confidence quickly and professionally.
• Ability to coordinate between multiple groups in a cross functional environment to achieve objectives.
• Ability to bring strategic thinking and leading best practice solutions. Experience in procurement transformation is a plus.
• Experience working in complex, high and low maturity global and regional organizations.
• Excellent people management skills, with the track record of building high-performing and collaborative teams.
• Strong interpersonal and communication skills.
• High energy, pace, and an impeccable track record of teamwork, creating open and collaborative environment with colleagues, stakeholders, partners and suppliers
• Strong attention to detail and ability to manage multiple projects simultaneously.
• Ability to deliver procurement cost/quality/delivery improvement projects
• Ability to accurately assess key business metrics and situations
• Strong organizational and prioritization skills
• Familiarity with various commodity specific processes/supply base.
• Demonstrates a high level of ethical behaviour in exercising judgment and discretion in matters of significance