What are the responsibilities and job description for the Sourcing & Procurement Specialist position at CGT Staffing?
Job Details
Job Summary:
The Sourcing & Procurement Specialist is responsible for evaluating, improving, and executing purchasing activities to support organizational operations. This role focuses on supplier management, purchase order execution, cost optimization, and on-time delivery improvement. The position plays a key part in enhancing supply chain performance by analyzing spend, negotiating pricing, and ensuring adherence to company procurement policies.
Key Responsibilities:
Drive sourcing and procurement execution for assigned projects within the North American region.
Conduct RFQs and negotiate pricing, terms, and conditions with suppliers.
Issue purchase orders and manage the full procure-to-pay cycle.
Ensure compliance with regulations related to U.S. Government and defense procurement.
Track purchase order acknowledgments, monitor delivery status, and resolve delivery issues.
Maintain accurate ERP records reflecting order changes or updates.
Coordinate seamless invoice receipt and support timely AP processing.
Facilitate resolution of supplier, AP, logistics, and customs-related issues.
Improve key KPIs such as on-time delivery, cost savings, payment terms, and damage/late delivery claims.
Develop and analyze spend reports to drive cost-reduction and process-improvement initiatives.
Resolve contractual disputes and engage legal teams when necessary.
Build effective working relationships with Engineering, Operations, Finance, Quality, and Project Management teams.
Lead procurement-related meetings and provide status reporting.
Collaborate with global sourcing teams to define and implement procurement strategies.
Minimum Education & Experience Requirements:
Bachelor s degree in business or a related field.
Minimum 2 years of experience in sourcing, procurement, supplier management, or contract negotiation
OR 1 year of experience plus a relevant master s degree (MBA or similar).Experience with purchase order execution and vendor negotiations.
Basic knowledge of sourcing and procurement processes.
Special Requirements:
Ability to travel up to 10%, domestically and internationally.
Must meet any applicable requirements for working with regulated or controlled materials, if necessary.
Knowledge, Skills, and Abilities:
Strong understanding of procurement principles, RFQs, negotiation, and supplier management.
Proficiency in Microsoft Office, including Excel (v-lookups, pivot tables, formulas).
Strong analytical and data interpretation skills.
Ability to manage multiple procurement activities simultaneously.
Experience assessing supplier capability and supporting new supplier development.
Familiarity with ERP systems; SAP experience preferred.
Strong communication skills, including report writing and presentation abilities.
Detail-oriented with strong organizational and problem-resolution skills.