Strategic Sourcing Specialist at Pump & Abrasion Technologies

Job Description

• Pump and Abrasion Technologies (PABT) is a global leader in the design, manufacturing, and assembly of heavy-duty slurry pumps. Our culture is deeply rooted in an entrepreneurial spirit and a "do whatever it takes" mindset. 
• The Strategic Sourcing Specialist will be responsible for developing and implementing sourcing strategies to achieve cost savings, improve supplier performance, and ensure the timely delivery of high-quality materials and services. This role requires a deep understanding of manufacturing methods and procurement principles, as well as strong negotiation and problem-solving skills.

Job Description:

• Responsible for the sign-off procedure on all new components/products: 
• Supplier to be onboarded and necessary SLA’s and NDA’s are in place. 
• Best Price vs MOQ vs Service/Quality vs Supplier agreement be reached 
• Parts are adequately signed-off (price, supplier, lead time, drawing sign-off) before releasing into production. 
• Work closely with planners to ensure initial stock holding for new products are implemented before launch. 
• Work closely with Quality department to ensure suppliers meet required quality and are continually improving. 
• Continuously re-evaluate current suppliers and supplied goods to ensure a continuous improvement process are followed on current supply chain and supplied goods. 
• Keep a database of savings generated and quality/supplier improvements achieved. 
• Develop and implement strategic sourcing initiatives to drive process improvements, reduce costs, and leverage supplier relationships. 
• Manage supplier quality and service performance, cost savings, and continuous improvement initiatives. 
• Conduct market analysis to identify potential suppliers and evaluate their capabilities. 
• Negotiate favorable payment terms, pricing, minimum order quantities (MOQ), and lot sizes with suppliers. 
• Create and manage supplier contracts, including service level agreements (SLAs) and non-disclosure agreements (NDAs). 
• Any other reasonable request or procedure implemented by management

Minimum requirements: 

Education:

• A bachelor's degree in a relevant field such as supply chain management, business administration, finance, or procurement. 

Experience:

• At least 5 to 7 years of experience in procurement or a closely related field. This experience should include a proven track record of successful sourcing and contract negotiations. 

Skills:  

• Excellent negotiation and problem-solving skills.  
• Proficiency in MS Office, strong organizational and communication skills, and knowledge of procurement principles and practices. 
• Proficiency in ERP software, preferably Syspro or SAP 

Additional Skills:

• Understanding manufacturing methods and differences – sand casting, machining, fabrication, elastomer molding.