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Become A Senior Sourcing Specialist

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Working As A Senior Sourcing Specialist

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Interacting With Computers
  • Communicating with Persons Outside Organization
  • Establishing and Maintaining Interpersonal Relationships
  • Mostly Sitting

  • Make Decisions

  • Stressful

  • $72,350

    Average Salary

What Does A Senior Sourcing Specialist Do At Home Depot

* Vendor Sourcing: Identify potential vendors by utilizing available tools and opportunity.
* Request for Quotation: Demonstrate proficiency in product specs, packaging type, negotiate price to meet maximize margins.
* Cost Improvement: Can work independently with the suppliers for opportunity to improve the cost margin.
* Product Development: Review samples and packaging, communicates to vendors for revisions
* Order Follow-ups: Communicate for on time delivery, partial shipment, expedited or push-outs shipment.
* Quality Assurance: Review inspection result, get corrective actions and/or remedy for quality issues post shipment.
* Vendor Onboarding Assurance: Working between the vendors and the service provider to ensure the vendor complete the onboarding requirements within designated time line.
* Nature and Scope:
* This position reports to CB Dir Sourcing
* This position has no Direct Reports

What Does A Senior Sourcing Specialist Do At Generac Power Systems, Inc.

* Manage suppliers to meet the overall goals and objectives of the business (Service and Aftermarket Operations);
* Develop and execute supplier based projects that support Aftermarket sales strategies;
* Collect Market Intelligence data; develop benchmarks and analysis for sourcing strategies within specified Category;
* Optimize the supply chain of goods and services from our suppliers to our customers by focusing on market driven responsiveness;
* Develop comprehensive request for proposals, analysis and reporting of benchmarking information;
* Prepare presentations for supplier management activities including supplier strategy and negotiation;
* Identify new suppliers to support life cycle product strategy for new, existing, or end of life products;
* Develop, negotiate, and update Supplier Agreements as required;
* Review and develop process documentation as advised by cross-functional teams;
* Record and audit reported savings and total cost of ownership;
* Maintain and process required documentation.
* Develop retention policy as required;
* Aid in material management escalations;
* Support Category Manager and Aftermarket Operations with component life cycle management
* Develop Supplier Directory and other compliance/analytical support as required;
* Act as SAP Super User within functional area as assigned;
* Perform other duties as assigned.
* Qualifications

What Does A Senior Sourcing Specialist Do At Avnet, Inc.

* Coordinates with Avnet department representatives to gain a full understanding of purchasing requirements to provide that procurement decisions achieve customers desired outcomes for service and cost
* Meets with potential and existing suppliers as necessary to fulfill requirements
* Coordinates between and among a variety of Avnet businesses, Legal Services and others as required during all stages of negotiation and contract processes
* Negotiates contracts with suppliers
* Provides administrative oversight during contract performance.
* As assigned or required, assists in the review and negotiation of contracts to leverage volume purchasing and achieve best price for Avnet.
* Prepares all aspects of procurement solicitations for formally advertised or negotiated procedures which includes terms and conditions, scope of work, insurance and bonding requirements.
* Oversees and conducts bid openings; evaluates bids and proposals to determine responsive low bid.
* Recommends selection in accordance with established criteria.
* Develops, maintains and updates full competition and documentation of actions.
* Issues award letters, contracts or purchase orders.
* Negotiates with suppliers establishing price, delivery, quantity, payment, scope of work, change orders.
* Researches sources of supply.
* Identifies and evaluates sole source validity and methods of procurement action.
* Serves as a liaison between supplier and department representatives during procurement process.
* As required, works with all parties to resolve problems and issues.
* Updates a variety of electronic and hard-copy files and records.
* Enters all contracts into contracts database and maintains records
* Manages and/or coordinates multiple projects which contract for specialized services, are large in scope, or involve major equipment acquisition.
* Assists lower level buyers with complex procurements.
* Provides leadership, guidance, training and assistance as required

What Does A Senior Sourcing Specialist Do At Danaher Corporation

* Work closely with the recruiters and hiring managers to understand hiring needs, define sourcing strategy and add market insights to help influence outcomes.
* Be an expert on the Danaher businesses as well as that of the industry and adjacent markets to contribute to sourcing strategies.
* Research, identify and cultivate external talent networks that will further progress the company’s talent strategy.
* Work both independently and with the Talent Acquisition team to craft search strategies and develop outreach list that can be used for current and future (opportunistic) roles.
* Execute on tactical outreach, referral generation, events, and pipelining efforts and crafting custom outreach and meaningful candidate engagement.
* You will own candidate relationships all the way to the point of an in-person interview, and will be tightly integrated into the feedback process during the interview process.
* Recommend and drive improvements with recruiters and interviewing teams to effectively screen and assess talent.
* Work with schedulers and recruiters to ensure a remarkable candidate experience.
* Track candidate activity and share with internal stakeholders.
* Qualification
* Seven or more years of recruitment and sourcing experience
* Experience in managing recruiting processes and candidate research in either in house or search firm with preference toward some search firm experience
* Demonstrated knowledge of research methods (Boolean, AIRS, LinkedIn Recruiter,Chrome extensions, etc) within the global landscape
* Demonstrated experience in building talent networks, nurturing and fostering relationships
* Demonstrated use of talent market insights and data to influence sourcing strategies
* Experience with Talent Acquisition processes and systems such as Applicant Tracking Systems and CRMs (Taleo and/or Workday is strongly preferred)
* Proficiency in MS Excel, Word, PowerPoint

What Does A Senior Sourcing Specialist Do At Tad PGS, Inc.

* Work closely with Recruiters and hiring managers to deeply understand requirements of the role, the function and how it fits into the organization.
* Team with Recruiters and hiring managers to manage an efficient model of operation.
* Strategize different ways to build talent pipelines and execute on tactical research, referral generation, events and sourcing campaigns.
* Find, engage and activate passive candidates through the use of Boolean, LinkedIn and alternative search techniques.
* Screen resumes and interview candidates to determine fit.
* Regularly track pipeline activity to share with internal stakeholders.
* Recommend and drive improvements that impact local pipeline areas

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How To Become A Senior Sourcing Specialist

Although a high school diploma may be sufficient for some positions, many employers require buyers and purchasing agents to have a bachelor’s degree. Most entry-level positions require some form of on-the-job training.

Education

Educational requirements usually vary with the size of the organization. Although a high school diploma may be enough at some organizations, many businesses require applicants to have a bachelor’s degree. For many positions, a degree in business, finance, or supply management is sufficient.

For those interested in a career as a buyer or purchasing agent of farm products, a degree in agriculture, agriculture production, or animal science is often beneficial.

Training

Buyers and purchasing agents typically get on-the-job training for more than 1 year. During this time, they learn how to perform their basic duties, including monitoring inventory levels and negotiating with suppliers.

Licenses, Certifications, and Registrations

There are several certifications available for buyers and purchasing agents. Although some employers require certification, many do not.

Most of these certifications involve oral or written exams and have education and work experience requirements.

The Institute for Supply Management offers the Certified Professional in Supply Management (CPSM) credential, which covers a wide scope of purchasing professional duties. To receive the CPSM credential, candidates must pass three exams and those with a bachelor’s degree must possess at least 3 years of relevant work experience while those without a bachelor’s degree must have at least 5 years of relevant work experience.

The American Purchasing Society offers the Certified Purchasing Professional (CPP) certification. The CPP certification is valid for 5 years. Candidates must earn a certain number of professional development “points” to renew their certification. Candidates initially become eligible and can renew their certification through a combination of purchasing-related experience, education, and professional contributions (such as published articles or delivered speeches).

APICS offers the Certified Supply Chain Professional (CSCP) credential. Applicants must have 3 years of relevant business experience or a bachelor’s degree in order to be eligible for the CSCP credential. The credential is valid for 5 years. Candidates must also earn a certain number of professional development points to renew their certification.

The Next Level Purchasing Association offers the Senior Professional in Supply Management (SPSM) Certification. Although there are no education or work experience requirements, applicants must complete six online courses and pass an SPSM exam. Certification is valid for 4 years. Candidates must complete 32 continuing education hours in procurement-related topics to recertify for an additional four-year period.

The Universal Public Procurement Certification Council (UPPCC) offers two certifications for workers in federal, state, and local government. The Certified Professional Public Buyer (CPPB) credential requires applicants to have earned at least an associate’s degree, possess at least 3 years of public procurement experience, and complete relevant training courses. The Certified Public Purchasing Officer (CPPO) requires applicants to have earned a bachelor’s degree, possess at least 5 years of public procurement experience, and complete additional training courses.

Those with the CPPB or the CPPO designation must renew their certification every 5 years by completing continuing education courses or attending procurement-related conferences or events.

The National Institute of Government Purchasing (NIGP), Institute for Public Procurement offers preparation courses for the UPPCC certification exams.

Advancement

An experienced purchasing agent or buyer may become an assistant purchasing manager before advancing to purchasing manager, supply manager, or director of materials management. Buyers and purchasing agents with extensive work experience can also advance to become the Chief Procurement Officer (CPO) for an organization.

Important Qualities

Analytical skills. When evaluating suppliers, buyers and purchasing agents must analyze their options and choose a supplier with the best combination of price, quality, delivery, or service. 

Decisionmaking skills. Buyers and purchasing agents must have the ability to make informed and timely decisions, choosing products that they think will sell.

Math skills. Buyers and purchasing agents must possess basic math skills. They must be able to compare prices from different suppliers to ensure that their organization is getting the best deal. 

Negotiating skills. Buyers and purchasing agents often must negotiate the terms of a contract with a supplier. Interpersonal skills and self-confidence, in addition to knowledge of the product, can help lead to successful negotiations.

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Senior Sourcing Specialist jobs

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Senior Sourcing Specialist Demographics

Gender

  • Female

    48.9%
  • Male

    48.4%
  • Unknown

    2.7%

Ethnicity

  • White

    80.1%
  • Asian

    9.2%
  • Hispanic or Latino

    8.1%
  • Unknown

    1.9%
  • Black or African American

    0.6%
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Languages Spoken

  • Spanish

    31.3%
  • Chinese

    18.8%
  • Mandarin

    12.5%
  • German

    6.3%
  • Somali

    6.3%
  • Gujarati

    6.3%
  • Carrier

    6.3%
  • Hindi

    6.3%
  • Italian

    6.3%
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Senior Sourcing Specialist

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Senior Sourcing Specialist Education

Senior Sourcing Specialist

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Real Senior Sourcing Specialist Salaries

Job Title Company Location Start Date Salary
Senior Sourcing Specialist, Global Procurement Adobe Systems Incorporated San Jose, CA Jan 29, 2016 $130,579
SR. Sourcing Specialist Cameron International Corporation Houston, TX Jan 27, 2014 $99,029
SR. Sourcing Specialist Blue Shield of California San Francisco, CA Dec 01, 2014 $95,000 -
$105,000
Senior Sourcing Specialist Alstom Power Inc. Knoxville, TN Sep 20, 2013 $92,700
SR. Sourcing Specialist Alaska Airlines, Inc. Seattle, WA Sep 29, 2016 $86,000
Senior Sourcing Specialist Sonoco Products Company Hartsville, SC Jun 15, 2014 $85,500 -
$114,000
Senior Sourcing Specialist Whirlpool Corporation Saint Joseph, MI Nov 05, 2007 $82,700
Senior Sourcing Specialist Whirlpool Corporation Saint Joseph, MI Apr 22, 2013 $80,000
Senior Sourcing Specialist Whirlpool Corporation Saint Joseph, MI Apr 20, 2010 $78,000
Senior Sourcing Specialist Sonoco Products Company Hartsville, SC Mar 02, 2015 $77,500 -
$114,000
Senior Sourcing Specialist Cummins Inc. Columbus, IN May 18, 2015 $75,600 -
$97,500
Senior Sourcing Specialist-Marketing Services NB Ventures, Inc. Winston-Salem, NC Feb 17, 2010 $75,000
Senior Sourcing Specialist Philips Medical Systems MR, Inc. Gainesville, FL Oct 01, 2009 $73,900 -
$125,700
Senior Sourcing Specialist Qualcomm Technologies, Inc. San Diego, CA Jan 03, 2014 $70,800 -
$106,200
Senior Sourcing Specialist Qualcomm Incorporated San Diego, CA May 02, 2011 $70,283 -
$107,800
Senior Sourcing Specialist NB Ventures D/B/A Global Eprocure Winston-Salem, NC Mar 01, 2012 $70,000
Senior Sourcing Specialist NB Ventures, Inc. D/B/A Global Eprocure Battle Creek, MI Aug 15, 2012 $70,000
Senior Sourcing Specialist-Marketing Services NB Ventures, Inc. Winston-Salem, NC Feb 01, 2011 $70,000
Senior Sourcing Specialist NB Ventures, Inc. Winston-Salem, NC Oct 01, 2009 $70,000

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Top Skills for A Senior Sourcing Specialist

SupplierRelationshipsVendorsPurchaseOrdersCostSavingsProductsStrategyProceduresRFPRecruitersCostReductionBusinessUnitsFinancialInternetLinkedinPassiveCandidatesJobBoardsSupplierPerformanceRFQAdditionalDeepWeb

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Top Senior Sourcing Specialist Skills

  1. Supplier Relationships
  2. Vendors
  3. Purchase Orders
You can check out examples of real life uses of top skills on resumes here:
  • Managed supplier relationships and assisted commercial team with bidding process for tooling, shipping expedites, overtime and engineering changes.
  • Manage and coordinate multiple categories with vendors by utilizing resources to create efficiency among peers and cross functionally.
  • Coordinated administration of department contracts, ensuring timely and effective design, development, and management of purchase orders.
  • Deliver cost savings by executing inventory flexibility to maximize sales and profitability between four different categories within D61.
  • Adhere to program and project schedules of assigned products as required.

Top Senior Sourcing Specialist Employers

Senior Sourcing Specialist Videos

Purchasing Agent, Career Video from drkit.org

HR SOURCE CONSULTING Company Profile

Going Further with Angela Henderson, Ford Purchasing Manager

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