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Strategic Sourcing Specialist
Job Description & How to Apply Below
Join CoolIT, an Ecolab Company, a global leader in Direct Liquid Cooling technology for data centers, supercomputers, and high-performance computing environments.
What’s in it For You- Day 1 Coverage: Employer-paid comprehensive benefits, including dental, prescription drug, vision, paramedical coverage, and a $1,000 annual Health Spending Account.
- RRSP: 2% employer-sponsored contribution.
- Enjoy three weeks of vacation, six flex days, and a one-week paid company-wide holiday shutdown.
- $1,000 annual professional development allowance to support your ongoing learning, skill development, and career growth.
- Dress for your day in a casual, professional environment.
- Work in a hybrid environment.
- Collaborate with the Category Manager to execute and refine category sourcing strategies based on business needs, market trends, and supply opportunities.
- Support supplier relationship and performance management to ensure suppliers meet performance expectations, quality standards, and business and regulatory requirements. Contribute to supplier scorecards, cost-of-poor-performance assessments, and cost-recovery activities.
- Assist with the creation, negotiation, management, and renewal of supplier agreements that deliver cost, quality, and operational value while ensuring compliance with company policies.
- Maintain supplier information in procurement systems, including Net Suite, and prepare reports that track supplier performance, pricing trends, and contract status.
- Identify opportunities for cost savings and process improvements through strategic sourcing, supplier negotiations, and continuous-improvement activities.
- Support New Product Introduction requirements by identifying, evaluating, and sourcing materials, parts, components, assemblies, and services in a timely and cost-effective manner.
- Collaborate with Supply Chain, Engineering, and Program and Project Management teams to align sourcing requirements with project timelines.
- Conduct market research to identify industry trends, potential suppliers, and new sourcing opportunities within assigned categories.
- Identify and evaluate potential suppliers using market analysis, supplier performance information, and cost assessments. Analyze complex, high-volume data to develop actionable insights for procurement and supplier management.
- Three to four years of experience in strategic sourcing, procurement, or supply chain management.
- Experience with sourcing, supplier evaluation, and contract management across a diverse supplier base.
- Demonstrated ability to analyze data, evaluate supplier performance, and contribute to cost-saving strategies.
- Familiarity with procurement systems such as Net Suite or a comparable platform.
- Proficiency with Microsoft Office, particularly Excel.
- Bachelor’s degree in Mechanical Engineering.
- SCMP, CPSM, or another relevant procurement or supply chain certification.
- Experience working with global supplier networks or international sourcing.
- Experience negotiating supplier agreements and contracts.
- Understanding of technical specifications and industry-specific procurement practices, including the ability to interpret technical drawings and specifications.
- Experience in an engineering, prototype-build, New Product Introduction, or manufacturing environment.
- Strong attention to detail and accuracy in data management, contract administration, and reporting.
- Clear and professional communication skills when working with suppliers and internal stakeholders.
- Strong analytical, critical-thinking, and problem-solving skills, with a proactive approach to identifying challenges and recommending solutions.
- Ability to build collaborative relationships and work effectively with a diverse group of…
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