What are the responsibilities and job description for the Strategic Sourcing Specialist position at LanceSoft, Inc.?
Pay Rate: $45 to $55/hr on W2
Location: Phoenix AZ - Hybrid
Job Summary:
- The Sr. Strategic Sourcing Specialist is responsible for leading the procurement of materials, equipment, and services across multiple categories.
- This role involves developing sourcing strategies, negotiating contracts, and managing supplier relationships to ensure optimal cost, quality and delivery performance.
Key Responsibilities:
- Lead sourcing initiatives and manage end-to-end procurement processes for assigned categories.
- Analyze market trends and supplier performance to identify cost-saving opportunities and mitigate risks.
- Evaluate vendor quotes, capabilities, and service offerings to select and onboard the most suitable suppliers.
- Collaborate with cross-functional teams (e.g., Engineering, Operations, Finance) to align sourcing strategies with business goals.
- Negotiate pricing, terms, and conditions to secure favorable agreements.
- Monitor supplier compliance with contractual obligations and performance metrics.
- Continuously improve sourcing processes and contribute to strategic procurement planning.
Qualifications:
- Bachelor’s degree in Supply Chain Management, Business, or a related field.
- 4–6 years of experience in strategic sourcing, procurement, or supply chain management.
- Proven ability to manage complex negotiations and supplier relationships.
- Strong analytical, communication, and project management skills.
- Familiarity with ERP systems and procurement tools.
- Knowledge of industry best practices, sourcing methodologies, and cost analysis techniques.
Work Environment:
- Operates with moderate supervision and increasing autonomy.
- Expected to exercise sound judgment and initiative in decision-making.
Reports to a Procurement Manager or Sourcing Lead.
Salary : $45 - $55