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Strategic Sourcing Specialist

BYD COACH & BUS LLC - Lancaster, CA

JOB DESCRIPTION
Develop procurement policies - Establish, analyze, and optimize the business's procurement strategy ensuring alignment with business goals.

Lead collaboration with stakeholders and internal teams - Partner with stakeholders, executive leaders, and department heads to understand business needs. Then, establish requirements, scope, and criteria for procurement projects.

JOB DESCRIPTION

  • Develop procurement policies - Establish, analyze and optimize the business’s procurement strategy ensuring alignment with business goals.
  • Lead collaboration with stakeholders and internal teams - Partner with stakeholders, executive leaders and department heads to understand business needs. Then, establish requirements, scope and criteria for procurement projects.
  • Manage vendor selection - Lead initial market research and vendor profiles to aid supplier selection. Create, issue and manage RFPs in a digital RFP management system. Manage proposal evaluation and final vendor selection.
  • Build ongoing vendor relationships - Use vendor management best practices throughout the negotiation, contracting, onboarding, and renewal. Conduct regular vendor performance evaluations and supplier risk assessments.
  • Analyze procurement data - Collect and interpret procurement data including cost analysis reporting, benchmarking spending data, and return on investment.
  • Optimize procurement processes - Perform regular reviews of established procurement processes to ensure continuous improvement, by refining policies, due diligence questionnaires and RFP templates.


COMPETENCIES

  • Contracting and negotiation
  • Risk management
  • Strategic sourcing software experience
  • Business ethics and transparency
  • Forecasting and planning
  • Category management
  • Project management
  • Data analysis
  • ROI evaluations
  • Relationship and Conflict Management
  • Adaptability
  • Strategic Thinking and Creative Problem Solving
  • Relationship and conflict management


WORK ENVIRONMENT

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and a calculator, ten key by touch.


PHYSICAL REQUIREMENTS

This position can be a sedentary role; however, some filing is required. While performing the duties of this job, the employee is frequently required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk; or hear.

The employee is required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, and the ability to adjust focus.

 


SUPERVISORY RESPONSIBILITY

None

 

TRAVEL

No travel is expected for this position.


REQUIRED EDUCATION AND EXPERIENCE

Bachelor's degree in relevant fields

Minimum three years experience in sourcing or procurement

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