What are the responsibilities and job description for the Sourcing Specialist - Supply Chain position at Titan Production Equipment, LLC?
Position Summary: The primary function of this role is to work with our estimating team to gather costs for buyout items and outsource fabrication; additionally to develop channels of supply at the lowest total cost, not just the lowest purchase price, from specification of part to receipt and payment of goods and/or services. Assess and maintain current quotations on vendor pricing and delivery for the manufacturing team, engineering, and the estimating group. Also assist in establishing a wider vendor base (Domestic and foreign) of direct purchase and outsourcing.
Job Description
Job Description
- Costing and Sourcing for front end estimation and bid process
- Assessment of the supply market
- Total cost analysis of supplied components, sub-assemblies, or finished goods
- Identification of suitable suppliers.
- Development of a sourcing strategy (where to purchase, considering demand and supply situations, while minimizing risk and costs).
- Work with vendors, estimating team, and engineering to identify possible alternatives before sending to production.
- Gather quotations on key items from vendors and update into the system of record
- Develop a reporting metric that can be maintained and updated weekly and monthly to show progress on individual projects and running totals
- Serves as sprint capacity and a back up to the manufacturing procurement team
- Strong analytical and decision-making ability
- Ensuring adherence to policies, procedures, government regulations, and customer specifications
- Bachelor’s degree preferred or equivalent work experience in related field
- 3 years’ experience in Manufacturing Supply Chain and/or Sourcing
- Knowledge and understanding of Manufacturing processes, Planning, Procurement, and Job Costing
- Proficient with Excel, Word, Outlook
- Production Equipment knowledge is a plus