Strategic Sourcing Specialist

Job Purpose

The Sourcing Specialist is responsible for supporting all AEC commodity sourcing activities. The support will include supplier analysis, cultivating strategic supplier relationships, global sourcing of direct materials along with contract negotiation driving cost savings, overall customer/supplier satisfaction, and contribute to successful project execution while meeting individual/ organizational goals.

Job Responsibilities

In performing their respective tasks and duties, all employees are expected to adhere to Albany's current values: Albany Wins Together, Count on Each Other, Own Your Actions, Care About Each Other, and Share Your Enthusiasm. Safety must always come first; we never compromise on safety for the sake of achieving another objective. Employees are also responsible for the health and safety of themselves and each other.

• Development of strategic sourcing strategies as it relates to specific supplier commodities.
• Manage sourcing activities from RFQ through project execution.
• Negotiate Supply Agreements/Contracts: Lead complex negotiations for supply agreements and contracts, ensuring favorable terms that align with organizational objectives.
• Develop Strategic Sourcing Initiatives: Formulate and implement advanced sourcing strategies with in various commodities to optimize cost efficiency and supply reliability.
• Oversee Price and Cost Analysis: Direct comprehensive price and cost analysis for commercial and government contracts, ensuring compliance and competitiveness while balancing best value.
• Negotiate Long term contract pricing and terms and conditions.
• Identify new sources of supply and/or opportunities that meet the performance and delivery standards
• Address Complex Challenges: Utilize extensive experience to solve intricate problems, successfully negotiating the best prices and terms in critical situations
• Develop, manage, and implement performance measures and audit processes for new and current suppliers. Conduct Quarterly Business Reviews with strategic suppliers and actively participate in quality audits at these strategic suppliers.
• Manage Supplier Performance and Relationships: Establish and nurture strategic supplier relationships, focusing on performance management to ensure alignment with organizational goals.
• Monitor Technological Advancements: Track and assess the development of new technologies relevant to procurement, ensuring the organization remains competitive and innovative.
• Communicate Effectively Across Levels: Utilize exceptional verbal and written communication skills to ensure timely and effective interaction with AEC and supplier personnel at all levels.
• Champion Continuous Improvement: Drive continuous improvement initiatives aimed at reducing costs and enhancing supply chain efficiencies across operations.
• Report Savings Achievements: Provide detailed reports on savings achievements through monthly statistics and quarterly summaries, communicating successes to stakeholders
• Bridge R+T with the PDC for supply chain activities to ensure smooth transitions between the two. (MRL/TRL)
• Nothing in this document restricts management''s right to assign or reassign duties and responsibilities to this job at any time.

Supervisory responsibility: No