Sourcing Specialist

**JOB SUMMARY & ACCOUNTABILITIES**:The Sourcing Specialist will plan and procure material to meet customer requirements at an optimal cost. Maintaining inventory levels, addressing shortages and supporting product evolution are daily functions.This role is responsible for securing the necessary materials to meet the needs of our customers and the business.- Set up, execution and maintenance of ordering parameters and MRP data.- Ensure adherence to price and lead time established by contract.- Monitor supplier delivery performance, days on hand and related quality issues.- Identify suppliers that should be part of development programs and actively participate in those key projects- Resolve supplier & data issues, (i.e. Price discrepancies, invoices discrepancies, receiving issues).- Work with suppliers overseas and different cultural backgrounds to meet the supply needs of our business- Train and provide leadership to new associates- Represent the group in relevant meetings and act as a liaison- Manage supplier held inventory programs- Monitor inventory levels to avoid potential excess, obsolescence and shortages.- Oversee Inventory policy through ABCD classification and use of proper planning parameters.- Adjust forecasts and planning parameters as required including safety stocks, reorder points, minimum orders etc. in adherence with Vertiv guidelines- Participate in Cost savings efforts (i.e. Freight, Packaging, Price).- Expedite P.O.’s and confirm delivery.- Print, review & release purchase requisitions.- Participate in daily production and planning meetings.- Secure Corrective actions and Execute RMA process when applicable.- Coordinate Engineering changes with suppliers, Material Planning and Engineering for purchased parts.- Daily coordination of information between production, purchasing and shipping.- Provides availability, pricing, shipping information- Generates daily, weekly, monthly metric reports- Develop in-depth knowledge on parts/commodities managed to aid in expedites and suggest part deviations to resolve shortages and mitigate high risk situations- Arrange domestic and international expedited shipments in collaboration with Logistics team.- On board new suppliers by providing training on Vertiv systems and processes- Recommend adjustments to planning bills, forecasting and adjust as approved- Management of higher dollar, longer lead-time, higher risk parts and suppliers- Analyze and help manage supplier held inventories including E&O with a focus on limiting exposure.- Make recommendation on E&O reserves to be held by Vertiv**QUALIFICATIONS**:**Minimum Qualifications**:(education, experience level, knowledge, skills, designations/certifications).- BS is business administration, or related field.- At least 2 years of experience in a materials management, purchasing or material planning function.**Preferred Qualifications**:- APICS or CPM certification- Bilingual- Experience in an industrial, high mix job shop environment- Very proficient in spreadsheets, MS Office.- Hands on experience with calculating safety stocks, reorder points (MIN/MAX) and forecasting and inventory turns.- Basic understanding of how Excess, obsolete, payment terms, ITO and PPV impact business financials.- Outstanding communication skills and ability to work at high levels within organization structures to get mind share with suppliers.- Experience with ERP systems- English oral and written skills**COMPETENCIES**:Demonstrating Ethics and Integrity**Effectively work with diverse cultural backgrounds in English**- Establishing Effective Teamwork- Building and Maintaining Relationships- Developing Others- Communicating Effectively- Managing Change- Analysis, Solving Problems and Making Decisions- Taking Risk and Innovating- Providing Customer Service- Managing and Developing Yourself—Self Awareness- Drive and High Sense of Urgency- Achieving Outcomes and Optimizing Processes, Procedures and Practices- Conflict Resolution**POSITION ELIGIBILITY REQUIREMENTS**:Some overnight travel may be required