Lead Sourcing Specialist
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Job Location:
Monthly Salary:
Posted on:
9 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Description Summary
We are seeking a detail-oriented proactive and results-focused Lead Sourcing Specialist to manage and enhance sourcing and procurement operations. This role is essential in overseeing supplier relationships optimizing costs facilitating contract negotiations and ensuring timely delivery of goods and materials.The ideal candidate demonstrates strong evaluation and communication skills effectively manages teams and processes and is dedicated to continuous improvement compliance and operational efficiency.
Job Description
Sourcing & Procurement Operations
Develop and implement sourcing strategies that balance cost-effectiveness with product quality.
Identify evaluate and negotiate with new and existing suppliers.
Build and maintain vendor relationships ensuring performance and compliance.
Manage CAPEX sourcing including equipment tooling facilities and infrastructure projects.
Coordinate with internal teams to align procurement timelines and project requirements.
Oversee bidding processes contract negotiation and finalization for capital projects and services.
Work with cross-functional teams to ensure sourcing supports new product launches efficiently and cost-effectively.
Manage RFQ processes supplier selection and procurement readiness for production ramp-up.
Implement and monitor Vendor Managed Inventory (VMI) programs to enhance supply continuity and reduce holding costs.
Evaluate supply chain constraints and negotiate improved lead times through forecasting and capacity planning.
Oversee procurement activities including RFQs purchase orders and contract execution.
Conduct market research and assessments to inform procurement actions.
Balance material availability with inventory optimization.
Team Management & Process Improvement
Train and mentor team members on procurement best practices and company policies.
Support initiatives aimed at supply chain improvement and sustainability.
Coordinate on ERP implementations and upgrades focusing on procurement automation and standardization.
Compliance & Reporting
Ensure procurement activities comply with company policies and regulatory requirements.
Maintain accurate procurement documentation and records.
Prepare and present regular reports on key performance indicators including safety quality delivery cost supplier performance and risk mitigation.
Cross-Functional Coordination
Work closely with Operations Engineering Materials Quality Finance and other departments to align sourcing strategies with organizational goals.
Qualifications & Experience
Bachelors degree in Supply Chain Management Business Engineering or related field.
Minimum 5 years of experience in sourcing procurement or supply chain roles including at least 2 years in supervisory or team management roles.
Experience handling end to end procurement processes and managing KPIs VMI and related operational activities.
Ability to work in manufacturing and fast-paced deadline-driven environment
Industry-specific experience is advantageous.
Proficient with Microsoft Office and ERP/procurement systems (e.g. SAP).
Strong negotiation evaluation and communication skills.
Organized adaptable and able to manage multiple priorities in a fast-paced environment.
Additional Information
Relocation Assistance Provided: No
Required Experience:
IC
Key Skills
- Purchasing
- Sourcing
- Procurement
- Vendor Management
- ATS
- HR Sourcing
- Supply Chain Experience
- Supplier Management
- Contract Negotiation
- negotiation
- Contracts
- Recruiting
About Company
GE Vernova's Asset Performance Management software can help you increase asset reliability, minimize costs and reduce operational risks. View a demo today.
