Sourcing Specialist

Interpret Engineering Documents: Review and interpret complex engineering drawings, Blueprints, Bill of Materials (BOMs), and other technical specifications to understand part requirements (dimensions, materials, tolerances, finishes, etc.). Supplier Identification and Evaluation: Identify, research, and qualify potential suppliers and contract manufacturers (local and international) capable of producing parts to exact technical specifications, potentially conducting on-site audits to assess their capabilities and quality control systems. RFQ Management and Negotiation: Prepare and issue Requests for Quotation (RFQs) that include all necessary drawings and conditions of supply. Analyze quotations, negotiate pricing, terms, and contracts to secure favorable deals and drive cost reduction initiatives. Technical Collaboration: Serve as the primary liaison between internal engineering, quality assurance, and production teams and the external suppliers to ensure clear communication and alignment on technical requirements and quality standards. Timeline Adherence : Manage supplier relationships and the entire sourcing lifecycle for assigned parts or commodities, ensuring timely delivery to meet project timelines and production schedules. Cost and Risk Analysis: Perform cost analysis, benchmarking, and "make versus buy" evaluations to optimize sourcing strategies. Identify potential supply chain risks and develop mitigation plans. Documentation and Reporting: Maintain accurate records of all sourcing activities, supplier information, and contracts within SAP or procurement software systems. Prepare reports on cost savings, supplier performance, and market trends for management.