Strategic Sourcing Specialist

Strategic Sourcing Specialist

Full-Time 40000 - 50000 € / year (est.) No home office possible
Octagon Group

At a Glance

  • Tasks: Manage purchasing strategies and supplier relationships to ensure timely delivery of materials.
  • Company: Join a forward-thinking company focused on supply chain excellence.
  • Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
  • Other info: Dynamic role with potential for career advancement in a supportive environment.
  • Why this job: Be at the forefront of supply chain innovation and make a real impact.
  • Qualifications: Experience in sourcing, negotiation skills, and a collaborative mindset.

The predicted salary is between 40000 - 50000 € per year.

The Strategic sourcing specialist will be responsible for managing the strategies to purchase materials, ensuring timely delivery of components, and maximizing efficiencies in the supplier base. They will manage the source, selection, negotiation, and purchase of materials and services and fully liaise with suppliers and all relevant stakeholders, maintain and develop supplier analysis and support appropriate metrics, KPI’s and reporting. The role will involve representing the supply chain function in relevant projects and within the wider business, facilitating all purchasing activities from RFQ’s to placement of orders, expediting and managing workload.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Supplier Management – Source and qualify suppliers, evaluate supplier capabilities utilizing appropriate tools and negotiate prices and terms for purchased goods and services.
  • Supply Chain Strategy – Develop and implement purchasing strategies to maximize value, quality and minimize costs.
  • Collaboration – Work with internal teams including but not restricted to project teams, production and finance, to align all activities with the wider business needs.
  • Market analysis – Conduct market analysis and research to identify potential suppliers assessing and optimizing costs, market trends and risks.
  • Inventory management – Monitor inventory levels and ensure timely procurement and delivery of materials to meet production and project needs.
  • Reporting – Maintain accurate records of purchases and supplier performance in line with policies and procedures and report on procurement activities to management.
  • Project management – Represent procurement in any projects assigned.

Strategic Sourcing Specialist employer: Octagon Group

As a Strategic Sourcing Specialist, you will thrive in a dynamic work environment that prioritises collaboration and innovation. Our company offers competitive benefits, a supportive culture that encourages professional growth, and the opportunity to make a significant impact on our supply chain operations. Located in a vibrant area, we provide unique advantages such as access to industry-leading suppliers and a network of talented professionals dedicated to excellence.

Octagon Group

Contact Detail:

Octagon Group Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Strategic Sourcing Specialist

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its supply chain strategies. Be ready to discuss how your skills align with their needs, especially in supplier management and collaboration with internal teams.

Tip Number 3

Showcase your analytical skills! Be prepared to talk about your experience with market analysis and how you've optimised costs in previous roles. This will demonstrate your value as a Strategic Sourcing Specialist.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform.

We think you need these skills to ace Strategic Sourcing Specialist

Supplier Management
Negotiation Skills
Purchasing Strategies
Collaboration
Market Analysis
Inventory Management
Reporting

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Strategic Sourcing Specialist role. Highlight your experience in supplier management, purchasing strategies, and collaboration with internal teams. We want to see how your skills align with what we’re looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about supply chain management and how your background makes you a perfect fit for our team. Don’t forget to mention any relevant projects or achievements!

Showcase Your Analytical Skills:Since market analysis and supplier evaluation are key parts of the job, make sure to showcase your analytical skills in your application. Share examples of how you've successfully conducted market research or optimised costs in previous roles.

Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. We can’t wait to see what you bring to the table!

How to prepare for a job interview at Octagon Group

Know Your Suppliers

Before the interview, research potential suppliers relevant to the role. Understand their strengths and weaknesses, and be ready to discuss how you would evaluate and select them. This shows your proactive approach and knowledge of supplier management.

Master the Metrics

Familiarise yourself with key performance indicators (KPIs) related to procurement and supply chain efficiency. Be prepared to discuss how you would use these metrics to assess supplier performance and drive improvements in purchasing strategies.

Collaboration is Key

Think about examples from your past experiences where you successfully collaborated with cross-functional teams. Be ready to share how you aligned purchasing activities with broader business needs, as this will demonstrate your ability to work effectively within a team.

Showcase Your Analytical Skills

Prepare to discuss your experience with market analysis and how you've used data to inform sourcing decisions. Highlight any tools or methodologies you've employed to assess costs and market trends, as this will illustrate your analytical capabilities.