Senior Sourcing Specialist

apartmentSTERIS placeVernon Hills descriptionPermanent business_center$105,400 - $130,200/year calendar_month 

Position Summary

The Senior Sourcing Specialist is responsible for driving supply chain cost effectiveness and performance improvement with our suppliers, while minimizing supplier risk across all STERIS for assigned spend categories. Your core focus will be on proactively identifying leverage opportunities, and drive supplier actions that deliver enhanced value to diverse stakeholders across STERIS.

The successful candidate will develop key strategic relationships with suppliers to support global sourcing, manufacturing, and new product development strategies. The successful candidate will have a close working relationship and collaboration with the global strategic sourcing, manufacturing, quality, operational procurement and business unit operation leaders in strategy formulation, supplier selection, and supplier management.

The successful candidate will also utilize tools and processes to gather cross functional alignment from key stakeholders and lead continuous improvement initiatives. Responsibilities will include monitoring key market movements, identifying potential challenges or risks, and resolving issues with suppliers for multiple sites across STERIS.

This is a hybrid role with the requirement of working onsite at our Vernon Hills, IL location 3 days/week. Up to 20% domestic and 10% international travel required.

What You'll do as a Senior Sourcing Specialist
  • Create and deploy sourcing strategies and communicate them effectively across the plants establishing cross functional alignment.
  • Support the strategic initiatives through the entire life cycle of the projects from spend analysis, implementation up to new supplier onboarding.
  • Provide proactive leadership and management with cross-functional partners to effectively select suppliers, negotiate favorable contract and payment terms, and manage supplier performance and relationships.
  • Provide direction and vision for sourcing initiatives, and apply Lean Product Development principles and manufacturing experience to achieve New Product Development goals.
  • Coordinate the development of purchase, quality inspection, part qualification and delivery processes for commodities within the New Product Development process.
  • Develop and maintain expertise in the supply base's contemporary technology that can be utilized to upgrade existing products and be designed into new products. Participate in New Product Development projects as a Core Team member, representing Global Operations (Manufacturing and Sourcing) and be responsible for the integration of new designs and technologies with our manufacturing processes, as well as identifying sources for components (manufactured and purchased).
  • Develop effective short and long term category strategies to include supply chain continuity, risk management, optimizing supplier network and attaining best cost. Lead the identification of key supplier/ partners to strategically source. Work with cross-functional team to align key strategic suppliers and capabilities with new product development needs. Lead and manage supplier relationships through development and tracking of Key Metrics and establish collaborative environment to optimize supplier performance and innovation.
  • Lead / Champion cross-STERIS sourcing effectiveness to achieve year-over-year improvement in total quality, surety of supply, cost of ownership, and service. Perform cost analysis and utilize financial acumen to identify opportunities to leverage scale or other opportunities to drive cost savings.
  • Develop dual / multiple sourcing for assigned category based items at the lowest total acquisition cost and lead cross-functional teams to achieve identified dual sourcing targets.
  • Conduct negotiations and issue contracts/agreements in accordance with all applicable laws and regulations within the appropriate guidelines. Negotiate, structure, and secure agreements with selected suppliers. Support the necessary supplier audits including commercial, financial, and technical to ensure that STERIS maintains and continues to develop a robust and capable supply base.
  • Work cross functionally with Quality and Purchasing partners to improve Quality, Delivery and cost performance for assigned categorie.
  • Increase knowledge in lean manufacturing concepts and apply lean replenishment techniques as well as general continuous improvement opportunities to improve supplier performance in targeted areas.
  • Carry out duties in an ethical, legal and professional manner that contributes to both our internal and external Customers' satisfaction.

The Experience, Skills, and Abilities Needed

Required
  • Bachelor's Degree.
  • Six (6) to eight (8) years of experience working in strategic sourcing, manufacturing and/or industrial environment.
  • Experience in all aspects of end-to-end Sply Chain including contract negotiations, commodity-based materials maangement, project management and commerical analytics. Strong negotiation skills are required.
  • Excellent knowledge in office applications like Excel, Word, PowerPoint, and project management tools.
Preferred
  • MBA, preferred.
  • ISM or ASCM, preferred.
  • Regulated business environment experience, preferred.
  • A broad knowledge of multiple direct materials commodities, preferred.
  • First-line supervisory experience in a lean manufacturing environment, preferred.
Other
  • Excellent communication, problem solving, project management, organizational and negotiation skills.
  • Responds with a sense of urgency to meeting and supporting the needs of each and every Customer, providing innovative and comprehensive solutions. Effectively negotiates, influences and collaborates with others. Seeks a creative, win/win solution.
  • Builds constructive and effective relationships cross-functionally; effectively manages through conflict while maintaining relationships.
  • Effectively handles change, ambiguity and changing priorities staying focused on achieving the key priorities for the business.
  • Effectively manages projects, assessing time, resources, investment, etc. ensuring deadlines and objectives achieved.
  • Keeps current on the industry, the "Customer," market and other external factors impacting the role and/or business and benchmarks for improvement of processes and applications.
  • Identifies the strategic issues and translates them into practical ideas and programs.
  • Anticipates future consequences and trends accurately and effectively manages complexity and change.

What STERIS Offers

We value our employees and are committed to providing a comprehensive benefits package that support your health, well-being, and financial future.

Here is just a brief overview of what we offer:
  • Market Competitive Pay.
  • Extensive Paid Time Off (PTO) and 9 added Holidays.
  • Excellent Healthcare, Dental and vision benefits.
  • Long/Short Term Disability coverage.
  • 401(k) with a company match.
  • Maternity & Paternity Leave.
  • Additional add-on benefits/discounts for programs such as Pet Insurance.
  • Tuition Reimbursement and continued educations programs.
  • Excellent opportunities for advancement in a stable long-term career.
STERIS does not accept unsolicited resumes/CV's from individual recruiters or third-party recruiting agencies in response to job postings.

#LI-BB1

=== Company description

STERIS is a leading provider of infection prevention and procedural products and services, focused primarily on the critical markets of healthcare, pharmaceutical and research and medical devices. Our mission is to help our Customers create a healthier and safer world by providing innovative healthcare and life science product and service solutions around the globe.
We have 12,000 employees worldwide, with over 3,000 in Customer-facing sales and service roles. Founded as Innovative Medical Technologies in Ohio in 1985, the company was renamed STERIS in 1987. Many of the businesses that have been acquired and integrated into STERIS have much longer operating histories, notably the American Sterilizer Company founded in 1894.

The STERIS Vision is inspired by our Customers' efforts to create a healthier and safer world, and guided by our legacy of leadership and innovation; we strive to be a Great Company. To STERIS, this means we will make a difference by providing world-class product and service solutions for our Customers, safe and rewarding work for our People, and superior returns for our Shareholders.

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