Senior Sourcing Specialist

Kinetic are seeking to recruit an experienced Senior Sourcing Specialist for an 8 Month Contract with a Global Manufacturing business in Darlington/Huddersfield/Daventry! Senior Sourcing Specialist Description: As a Senior Sourcing Specialist you will be joining the Mechanical Systems category team. The initial end date is 30/06/2025, it's likely this will get extended. This is a fulltime, hybrid role. Contractors are required to travel to site for team related projects however the majority of the work can be done from home. Your responsibilities' will include, but are not limited to: - Conducting complex analysis of markets, supply chains, and supply base; applies analysis to sourcing process improvement initiatives - Identifying qualified suppliers and executing sound source selection processes - Interfacing regularly with suppliers within the area of responsibility and maintaining the supplier relationship. - Understanding how key procurement principles are used toward assuring supply. - Sourcing specialized items and executing complex sourcing strategies in accordance with agreed upon sourcing strategy / plans at the optimum cost, quality and relationship. - Working with peers and stakeholders to support business goals, such as supply security, reduction of complexity or financial targets. - Independently carries out sourcing activities with full consideration for the impact of those activities on the end-to-end supply chain. - Executes sourcing tactics of varying complexity in accordance with established category/commodity strategies reflecting the optimum cost, quality, delivery - Participates in sourcing and category commodity strategy formulation. - Analyses complex sourcing and procurement initiatives and processes in support of the delivery of cost effective and high quality goods and services. - Prepares and presents to senior procurement/sourcing leadership recommendations of improvement opportunities and alternative courses of action. - Ensures consistent application of sourcing procedures and processes. - Supports procurement/sourcing management in activities such as price benchmarking, vendor management, industry and market analysis, process analysis, and model building. - Leads analysis projects/initiatives providing coaching to less experienced analysts and specialists. - Negotiates select contracts. Develops and maintains effective relationships with suppliers to the benefit of both parties. - Understands the importance of compliance and is alert to situations that can pose risk Competencies: - Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm. - Balances stakeholders - Anticipating and balancing the needs of multiple stakeholders. - Business insight - Applying knowledge of business and the marketplace to advance the organization's goals. - Data Analytics - Discovers, interprets and communicates qualitative and quantitative data; determines conclusions relying on knowledge of business or functional frameworks; simultaneously applies statistics, data validity, data visualization, and problem solving approaches to effectively extract meaningful patterns and business insights; presents conclusions and outcomes that enable data driven business decisions. - Category Strategy Development - Establishes regional category strategy using Total Value Performance (TVP) approach to define the Supply Base, Tooling and Technology Strategy to meet all current and future needs; Manages risk and inclusion of diverse suppliers. - Cost and Value Management - Establishes and controls product and service costs using functional tools to deliver and track product and services at competitive prices. Ensures competitiveness of products in our markets while preserving desired margins. Utilizes Total Cost Opportunity (TCO) model methodology. - Intellectual Property Management - Assures protection of Intellectual Property to optimize the use of intellectual property for future competitive advantage by engaging the Legal and Procurement function; assures intellectual property ownership rights are clearly defined in executed agreements. - Negotiations Excellence - Utilizes tools and methods in negotiations to achieve stakeholder objectives and achieve a mutually agreed upon all contract terms between all parties. - Procurement Ethics - Avoids supplier engagement that may compromise supplier sourcing, selection, and management processes and seeks counsel to ensure compliance. - Procurement Policies, Procedures, Tools - Understands all of the relevant Procurement policies and procedures and complies with them in daily work; Masters all tools required to conduct procurement work. Knows how to access documents in the appropriate Document Management System (DMS) and/or who to ask if clarification or expansion of the information contained in each document is needed. If you are looking for a new opportunity, and feel you have the skills and experience please apply below! Kinetic plc is a Recruitment Consultancy with over 40 years of experience of delivering staffing solutions to the engineering, manufacturing and technical industries. Kinetic plc treats all applications with a high degree of care, we review all submissions and will attempt to contact applicants who match the job profile. Kinetic Recruitment Services Ltd operates as an Employment Business and Recruitment Agency as defined under the Employment Agencies Act 1973 S&T1