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Sourcing Specialist

Company: Flying Food Group
Location: Seattle
Posted on: May 11, 2024

Job Description:

Classification: Exempt
Reports to: VP National Acct/Market Development
Job Description
We are looking for a highly motivated sourcing specialist to assist the company in creating strong relationships with suppliers and maintaining the existing ones. The sourcing specialist's responsibilities include sourcing goods, materials, and services at competitive prices and advising upper-level staff members on which suppliers to contract with. Able to maintain and update the supplier database and find alternative suppliers if the existing ones are unable to meet their obligations. This role is based in Seattle and will be expected to work across FFG platforms including both retail and airline sourcing networks.
Sourcing specialists assist companies in effecting more efficient sourcing processes to save costs and maximize profitability. They negotiate with suppliers to obtain goods, materials, and services at the best prices by using strategic sourcing strategies and extensive knowledge of their commodity industry. Using commodity knowledge to compile, analyze, and present outcomes to senior leadership regularly.Essential Functions
Sourcing suppliers and maintaining long-lasting relationships with them as well as existing suppliers.
Implementing inventory optimization strategies within the company.
Obtaining quotes from different suppliers.
Collects and analyzes commodity buying trends to make insightful business decisions.
Present those commodity trends every quarter.
Negotiating price, quantity, and delivery schedules with suppliers.
Working with legal counsel to ensure that all contracts relating to product procurement contain all details of the negotiation.
Assessing quotes and compiling a detailed assessment of cost breakdowns.
Generating quote comparisons and contributing to internal supplier selection based on the quotes.
Providing solutions to improve company spending and outsourcing.
Manage the company's supply portfolio ensuring transparency of spending.
Generate and implement efficient sourcing and category management strategies.
Analyze and calculate costs of procurement and suggest methods to decrease expenditure.
Invent negotiation strategies and secure profitable deals.
Optimize sourcing procedures to attain maximum efficiency.
Cooperate with stakeholders to guarantee agreement on terms and processes.
Research and anticipate shifts in the negotiating power of suppliers.
Perform cost and scenario analysis, and benchmarking.
Estimate risks and apply risk-minimizing techniques.
Discover and partner with trustworthy vendors and suppliers.
Determine quantity and timing of deliveries.
Skills and Qualifications
BS degree in supply chain management, logistics, or business administration
Proven work experience as a Sourcing Specialist or Procurement Specialist
Understanding of market dynamics and sound business judgment
Strong project management and leadership skills
Ability to negotiate and sustain networking relationships.
Comfortable with figures and collecting, analyzing, and interpreting data.
Solid judgment with an ability to make good decisions.
Contracting and procurement negotiation.
Risk management.
Strategic sourcing software experience.
Business ethics and transparency.
Forecasting and planning.
Proficient with MS Office (Outlook, Word, Excel, PowerPoint, SharePoint)
Supervisory Responsibility
This position has supervisory responsibilities.
Work Environment
This job operates in an office environment in Seattle while working closely with Corporate in Chicago. This position will routinely use standard office equipment.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to talk or listen. The employee frequently is required to sit for long periods; and reach with hands and arms.
Position Type/Expected Hours of Work
This is a full-time exempt position in a 24/7/365 work environment. Flexibility with weekdays, evenings, and weekends is required.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Flying Food Group, LLC offers a comprehensive benefits package that includes medical, prescription drug coverage, dental, vision, life insurance, disability insurance, accident, critical illness, and hospital indemnity plans, flexible spending accounts, employee assistance program, commuter benefit, retirement program 401(k), tuition reimbursement, and pet insurance.

Keywords: Flying Food Group, Seattle , Sourcing Specialist, Other , Seattle, Washington

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