Strategic Supply Chain Sourcer (Finance)

Summary: The Supply Chain Sourcer is responsible for identifying, evaluating, and securing suppliers to meet the company's operational and strategic needs. This role focuses on finding new suppliers, reducing reliance on sole-sourced items, and driving cost reductions through vendor diversification. Additionally, the position includes vendor relationship management, and process improvement to enhance supply chain efficiency. Duties/Responsibilities: Sourcing Strategy Identify and develop new global sources of supply in low cost, low-tariff regions (Vietnam, Malaysia, Mexico, India) Analyze total landed cost, risk factors, and geopolitical impacts to recommend optimal sourcing strategies. Work closely with Engineering and Operations Teams on new supplier onboarding, first article approvals, and tooling transitions. Support tariff impacts modeling and report on cost-saving opportunities resulting from re-sourcing efforts. Collaborate with cross-functional teams to evaluate and implement Make vs Buy strategies, aligning sourcing decision with total cost, lead time, and capacity considerations. Vendor Pricing Management Maintain and update vendor pricing agreements in the procurement system. Conduct regular audits to ensure pricing accuracy and compliance with contractual terms. Collaborate with vendors to negotiate competitive pricing and resolve discrepancies. Analyze market trends and pricing fluctuations to support cost-saving initiatives. Develop reports and dashboards to monitor vendor pricing performance. Purchase Order (PO) Expediting Track and follow up on open POs to guarantee on-time delivery. Communicate regularly with vendors to confirm order status, shipping schedules, and potential delays. Coordinate with buyers on shipments and resolve delivery issues. Escalate critical delays or supply chain risks to buyers for resolution. Vendor Relationship Management in Conjunction with Buyers Build and maintain strong relationships with vendors to foster collaboration and reliability. Address vendor inquiries and concerns promptly and professionally. Evaluate vendor performance through key performance indicators (KPIs) such as delivery timelines, quality, and responsiveness. Process Improvement Identify opportunities to improve procurement and expediting processes for greater efficiency Participate in system upgrades or implementations to enhance vendor management and reporting. Ensure compliance with company policies, procedures, and regulatory requirements. Qualifications - Education/Experience: Bachelor's degree in Supply Chain Management, Business, Procurement, or a related field 3+ years of experience in sourcing, procurement, or supply chain management Proficiency in procurement software and ERP systems (specifically Macola) Knowledge of global sourcing strategies and supply chain best practices Strong understanding of international trade, tariffs, and global manufacturing trends Experience sourcing from alternative regions such as Vietnam, India, or Mexico is high preferred. Knowledge/Skills: Excellent analytical, problem-solving, and decision-making skills Strong communication and interpersonal abilities Ability to work in a fast-paced environment and manage multiple sourcing projects simultaneously