Strategic Sourcing Specialist - Rose International

Date Posted: 11/26/2024

Hiring Organization: Rose International

Position Number: 474903

Job Title: Strategic Sourcing Specialist

Job Location: Newark, NJ, USA, 07102

Work Model: Hybrid

Shift: 2 days per week onsite

Employment Type: Temporary

Estimated Duration (In months): 9

Min Hourly Rate ($): 32.00

Max Hourly Rate ($): 41.00

Must Have Skills/Attributes: Sourcing, Stakeholders, Supply Chain

***Only qualified Strategic Sourcing Specialist candidates located near the Newark, NJ area to be considered due to the position requiring an onsite presence***

Education:

• Bachelor’s (BSc) / Master’s (MSc) in business or related discipline

Experience:

• Minimum 5 years in Procurement and 2 years in Flexible Packaging Sourcing

• Experience of working with multi-cultural teams in a highly collaborative environment

• Experience within a worldwide procurement environment, retail / FMCG experience preferred

Required Skills and Abilities:

• Leadership Capabilities: Communication, Negotiation, Stakeholder Management, Peer Relationships, Drive for Results, Analytical Thinking, Problem Solving

• Knowledge of commodity markets and price mitigation strategies

• Ability to manage complex business issues and change manage

• Ability to develop relationships with key business partners and suppliers

• Knowledge of financial accounting, strategic sourcing, and supplier management concepts

• Category sourcing expertise in packaging

• Technology-savvy to leverage eProcurement and eSourcing tools

• Ability to travel (anticipated to be 20% of your time)

• Ability to perform in a fast-paced, goal-oriented, and time-sensitive environment

• Ability to lead and influence change in the face of complexity and ambiguity

The client is looking for a candidate who is responsible for leading strategic sourcing initiatives related to Flexible Packaging for the region. The role will be for an initial term of 9 months starting in January 2025 and will require 2 days per week in the office (Newark) to meet with the team and key stakeholders.

Position Summary:

• Be responsible for the category performance of flexible packaging ($215m) and implementing the strategy focusing on Value Creation, Supply Security and Sustainability. This will need to be aligned with other functions including R&D, Quality, Operations and Finance

• Identify and deliver savings, efficiency, growth and sustainability opportunities

• Work closely with cross-functional stakeholders to deliver transformational projects, including incorporating recycled content into our packaging formats

• Work closely with suppliers to maintain, and where appropriate, improve relationships

• Work as part of a global team to leverage further opportunities

• Be the category expert in terms of market trends, conduct price risk management, forecast pricing for annual budgeting cycle

Responsibilities:

• This is a highly visible position that will drive value across cost, supply security, and sustainability

• Provide rigorous analysis of spend data and industry dynamics to prioritize and launch sourcing initiatives

• Prepare and present business cases and should-cost models

• Identify and pursue Client process re-engineering, value engineering, and demand management opportunities to increase efficiencies

• Manage the planning and launch of RFIs, RFPs and eAuctions (to include eSourcing technology tools)

• Perform complex data analysis and build financial models

• Develop and execute supplier negotiation strategies

• Manage supplier selection process and provide data to ensure informed selection decisions

• Identify, scope, and execute material simplification and supply chain efficiency projects

• Develop implementation and transition plans and supports change management initiatives

• Build relationships with key stakeholders and develops business cases for new spend management opportunities

• Develop and execute implementation plans to ensure sourcing benefits are fully realized by working closely with cross-functional colleagues

• Build and maintain strong relationships with key stakeholders and suppliers

**Only those lawfully authorized to work in the designated country associated with the position will be considered. **

**Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements.**

Benefits:

For information and details on employment benefits offered with this position, please visit here. Should you have any questions/concerns, please contact our HR Department via our secure website.

California Pay Equity:

For information and details on pay equity laws in California, please visit the State of California Department of Industrial Relations' website here.