Sourcing Specialist

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Job description

Description:

Why join the GoMacro team?

We're a company that is driven by a unique core ideology we call The GoMacro Way, which is based upon authenticity, generosity, and compassion for people and the planet. We operate with integrity, we create with passion, and we conduct ourselves with humility. We seek growth-minded people who are inspired by challenges, encouraged by camaraderie, and excited about being leaders at every level. Become part of a team where everyone is heard, valued, and empowered to influence positive change in their local and global community.

How GoMacro's history shapes who we are today?

During her 2003 battle with cancer, co-founder Amelia Kirchoff created the first MacroBar recipe in her kitchen on the Wisconsin family farm. In the years following, Amelia and her daughter and co-founder Jola began spreading awareness for the power of a balanced, plant-based lifestyle through GoMacro's healthy and delicious MacroBars, which are now available in stores nationwide.

Today, our work is still guided by the values upon which Jola and Amelia built GoMacro: Live Long, Eat Positive, Give Back, Tread Lightly, and Be Well. It's our goal to inspire people to have a healthy body, sharp mind, and bold spirit-and we believe doing fun, and meaningful work is part of that.

Join us as we make the world better, one bite at a time!

Job Summary:

The Sourcing Specialist is responsible for identifying and evaluating suppliers, negotiating contracts, and managing supplier relationships to ensure the company's procurement needs are met efficiently and cost-effectively. This role plays a key part in developing and implementing sourcing strategies that align with the organization's goals, while ensuring quality, timely delivery, and competitive pricing.

Key Responsibilities:

Supplier Identification and Evaluation:

• Conduct market research to identify potential suppliers and assess their capabilities.
• Evaluate supplier performance based on quality, pricing, reliability, and adherence to timelines.
• Qualify new suppliers through a comprehensive vetting process, including audits and reference checks.

Contract Negotiation:

• Negotiate terms and conditions with suppliers, including pricing, payment terms, lead times, and quality standards.
• Ensure contracts meet legal and company standards while achieving cost savings and value.
• Manage contract renewals and updates, ensuring alignment with company needs and industry trends.

Sourcing Strategy Development:

• Develop and implement sourcing strategies that align with business objectives and optimize cost, quality, and delivery.
• Analyze market trends, supply chain risks, and opportunities to adjust sourcing strategies.
• Collaborate with cross-functional teams (e.g., operations, finance, quality assurance, regulatory and innovations) to align sourcing efforts with company goals.

Supplier Relationship Management:

• Build and maintain strong relationships with key suppliers to ensure continuous improvement in service and performance.
• Act as the primary point of contact between the company and suppliers, resolving issues related to pricing, delivery, and quality.
• Conduct regular supplier performance reviews and develop improvement plans where necessary.

Cost Management and Efficiency:

• Identify cost reduction opportunities without compromising quality or service.
• Monitor and track sourcing budgets, ensuring compliance with financial targets.
• Leverage competitive bidding and other strategic sourcing techniques to optimize costs.

Compliance and Risk Management:

• Ensure compliance with internal policies and external regulations (e.g., environmental, social responsibility, and legal requirements).
• Identify and mitigate risks in the supply chain, including potential disruptions and supplier capacity issues.
• Maintain accurate documentation and records of sourcing activities, supplier contracts, and performance evaluations.

Reporting and Analysis:

• Prepare regular reports on supplier performance, cost savings, and sourcing activity.
• Use data analytics to drive insights into supplier performance and market trends.
• Provide recommendations for process improvements and sourcing strategy adjustments.

Requirements:

Qualifications and Skills:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field or equivalent year of experience in a related field.
• 3+ years of experience in sourcing, procurement, or supply chain management, preferably in a similar industry.
• Experience in contract negotiation and supplier management.
• Strong negotiation and communication skills.
• Analytical mindset with the ability to make data-driven decisions.
• Proficiency in sourcing and procurement software and Microsoft Office Suite.
• Experience using TraceGains is preferred.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong problem-solving skills and attention to detail.

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