Sourcing Specialist
Al-Khobar, Saudi Arabia
Company Overview
If a culture of excellence, innovation and ownership is what you re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!
Role Summary
The Sourcing Specialist is responsible for running the sourcing events as requested upon them from the Sites, Platforms or Category Management. This includes execution of events such as price agreements, Strategic Sourcing initiatives like Dtv, VE, and high value spot buys (US$ >100K) etc. The overall focus of the role is to manage product costs and add value to the purchased goods from the suppliers in collaboration with Regional Performance, Category and Platform Supply Chain team to meet the company objectives. This position reports directly to the respective Regional Sourcing Manager and will be responsible for country / region as assigned by the Sourcing Manager.
Responsibilities & Requirements
For the named country or region or category or products, the individual is assigned for
• Supporting the sourcing needs as dictated by the business, run strategic sourcing events and deliver the results as needed.
• Implementing supplier sourcing roadmap for the country, category or products.
• Maintaining Commercial Competitiveness of the suppliers. This includes continuous assessment of the strategic suppliers against the market and other suppliers.
• Coordinating with the supplier performance group to ensure the supplier(s) remain competitive and take necessary action to continually address cost challenges and further reduce their cost base.
• Manage and Drive RFQ, Supplier Selection, Price/contract negotiation for Category based
• Transformation cost reduction Projects from cost reduction trackers and provide business case document for decision making
• Negotiate and propose supplier pricing agreements.
• Support and provide inputs to product group on product costing to develop business case and sourcing implementation.
• Follow and comply with Sourcing 101 steps.
• Involve in developing sourcing strategy for targeted Sourcing Projects / initiatives on specific projects as needed by Site / Platform.
• Monitor supplier(s) spend against AVL and Roadmap set by Category Management
• Periodic review with Supplier Performance Group on the supplier performance report out to the Sourcing manager.
• Negotiate and select pricing and terms on high value spot buys US$ >100K (not covered with contracts)
• Identify sourcing gaps and provide recommendation to Sourcing manager.
• Ensure the use of the Global / Strategic Suppliers for all the sourcing requirements
Preferred Experience / Skills
COMPETENCIES AND SKILLS
• 5 years of experience in Supply Chain
• 2+ years of sourcing experience
• Bachelor s degree in Engineering, Business, or a related field
• Strong interpersonal relationship management
• Evidenced understanding of both commercial and technical areas of supply chain
• Very good commercial acumen and negotiation skills
• Proficiency in Project Management
• Knowledge of supply base in the region for the assigned categories
• Understanding of market dynamics
• Strong analytical skills which involves collecting, analyzing and interpreting data
PREFERENCES
• Change management experience
https://www.naukrigulf.com/sourcing-specialist-jobs-in-dammam-khobar-eastern-province-saudi-arabia-in-flowserve-corporation-2-to-3-years-n-cd-10000101-jid-191021501213