The Sourcing Specialist will report to a Sourcing Manager and is responsible with developing and executing sourcing strategies for designated material groups, which may include Myers Industries enterprise-wide or business unit-wide raw materials, packaging components, and/or site-specific services and production supplies. The position coordinates and closely works with Sourcing Managers, Plant Buyers, Supply Chain Managers, Engineering, Quality, and other Plant Personnel to ensure strategic alignment and execution for owned sourcing categories. . Executes all accountabilities in compliance with SOX standards.
Duties and Responsibilities
Works with the Sourcing Manager to develop and execute strategic sourcing plans and initiatives that support and align with corporate goals and objectives
Find, qualify, and develop new vendors and manage related relationships
Facilitate smooth New Product Development (NPD) project launches by coordinating supplier identification, evaluation, and selection
Continuously gather and communicate relevant market intelligence to understand and analyze current and future market conditions, build sourcing strategies, inform negotiations and buying decisions, and assist in pricing discussions
Support the execution of Make or Buy analysis and strategies by linking enterprise-wide supplier capabilities to potential product development/enhancement opportunities
Evaluate procurement opportunities through assessment of cost-benefit analysis and assessing, managing and mitigating supplier risks
Accountable for achieving procurement goals and action plans by attaining or exceeding annual cost savings targets
Works with cross-functional team to minimize risk via dual sourcing, supply redundancy, developing supplier stocking strategies
Monitors updates/revisions to forecast and production schedules to proactively identify conflicts, and execute required actions to support overall sourcing and procurement objectives
Coordinate Supplier Performance monitoring, assessment, and reporting on a quarterly basis
Optimize the sourcing function to support operational plans, inventory management and supply plan objectives relative to lead time, geographic location, supplier capability
Develops, maintains, and executes vendor-managed inventory programs in concert with the Buyer
Maintains accurate sourcing and procurement records - including month-end reporting
Education and Experience
Bachelor's Degree in Business, Supply Chain Management, Engineering, or a similar degree strongly preferred
Excellent communication (written & verbal) and organizational skills
Superior analytical, decision making and problem-solving skills
Self-starter, strong business acumen
Proficient computer skills and an in-depth knowledge of Microsoft Office is required.
Physical Requirements & working Conditions
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work conditions consistent with a general manufacturing environment. Exposure to manufacturing facilities requires the ability to use all necessary safety equipment. Standing, walking, stooping, and bending are frequent and required. Must be able to lift up to 60 pounds occasionally.
