Strategic Sourcing Specialist

Lincoln Electric is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. Lincoln Electric's innovative solutions enable higher quality and productivity across a variety of processes including welding, cutting, brazing, machining, process automation, and field repair. The Company leverages proprietary technologies and expertise in materials science, power electronics, automation, and intelligent software to help customers build better and achieve resilience in their operations. Headquartered in Cleveland, Ohio, Lincoln Electric is the essential 'Linc' that keeps the economy running. The Company operates 71 manufacturing and automation facilities across 20 countries and serves customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company's website at https://www.lincolnelectric.com.

Location: Euclid - 22801

Employment Status: Salary Full-Time

Function: Supply Management/Purchasing

Pay Range: $81,992.00-$102,490.00

Target Bonus: 10.0%

Req ID: 30469

Purpose

The Strategic Sourcing Specialist supports the development and execution of sourcing and category management strategies for assigned direct material categories to ensure supply continuity, cost competitiveness, supplier performance, and operational excellence. Working closely with Engineering, Operations, Quality, Finance, and Supply Chain teams, this role contributes to the identification and implementation of cost savings, value improvement, and supply chain optimization opportunities that align with business objectives.

This position is responsible for supporting supplier sourcing and qualification activities, managing sourcing events, monitoring market conditions, analyzing spend and supplier performance data, and assisting with new product development initiatives. Through effective cross-functional collaboration and supplier engagement, the Strategic Sourcing Specialist helps maintain a competitive and reliable supply base while supporting risk mitigation, continuous improvement, and strategic procurement objectives.

As a member of the Direct Sourcing organization, this role contributes to the success of the procurement function by driving disciplined execution, fostering strong supplier relationships, and supporting initiatives that enhance business performance, operational efficiency, and long-term value creation.

Key Responsibilities

• Develop and execute comprehensive category and supplier strategies that align with long-term business objectives and drive sustainable value.
• Collaborate with cross-functional teams, including Engineering, Operations, Quality, and Finance, to identify and implement cost-saving and value improvement opportunities
• Assist in identifying, evaluating, qualifying, and onboarding new suppliers to ensure a competitive and reliable supply base.
• Support supplier selection activities, commercial negotiations, and contract administration to achieve cost, quality, delivery, and service objectives.
• Monitor market conditions, commodity trends, and supplier developments, providing insights to support sourcing decisions and risk mitigation efforts.
• Maintain supplier relationships and support performance management activities, including tracking key metrics and coordinating improvement actions.
• Utilize spend data, market research, and performance metrics to identify sourcing opportunities and support category management initiatives.
• Assist with new product development (NPD) and product lifecycle activities by coordinating supplier engagement and sourcing support.
• Coordinate sourcing events, including RFIs, RFPs, RFQs, and competitive bid processes, under the guidance of sourcing leadership.
• Support initiatives focused on supply continuity, supplier diversification, sustainability, and operational efficiency.
• Ensure sourcing activities comply with company policies, procedures, contractual requirements, and regulatory standards.
• Prepare reports, presentations, and analyses to support sourcing decisions, supplier reviews, and business planning activities.
• Participate in continuous improvement projects and other duties or special assignments as required.

Knowledge and Experience

Required Qualifications:

• Bachelors degree in Supply Chain Management, Business, Engineering, Finance, Operations, or a related field
• 5+ years of progressive experience in strategic sourcing, category management, procurement, or supply chain
• Proven success developing and executing category strategies, supplier management programs, cost reduction initiatives, and commercial negotiations.
• Proficiency with ERP systems and analytics tools to include systems such as SAP, Oracle, Ariba, and Power BI.
• Strong analytical, project management, communication, and stakeholder influence skills with the ability tomanage multiple priorities.

Preferred Qualifications:

• MBA and/or professional certifications (CPSM, CPM, CSCP)
• Experience within a manufacturing environment.
• Willingness to travel up to 15%, including overnight travel.

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.