Sourcing Specialist

Sourcing Specialist at Quad summary:

The Sourcing Specialist is responsible for strategically sourcing commodity-specific spend, conducting spend analysis, negotiating contracts, and managing supplier relationships to optimize cost and supplier performance. This role requires strong procurement expertise, data analysis skills, and experience in contract management within a manufacturing or marketing environment. The position emphasizes cost reduction, effective communication, and adherence to sourcing procedures to support business units and improve purchasing processes.

As a global marketing experience company, Quad’s goal is to help our clients win every day. We use our data-driven integrated marketing and manufacturing platform to streamline solutions for our clients, reduce friction and enhance their marketing spend effectiveness. We’ve built a rich legacy by believing in our people, allowing them to act like owners and to take charge of their own success.

Whether an operator, sales rep, a graphic artist or a clinician, we’re all driven to perform at our best— for ourselves and our clients. At our core, we’re a company that believes we can always create a better way.

KEY RESPONSIBILITIES

• Strategically source Commodity Specific Spend for assigned categories and partnering with leadership, other team members and subject matter experts
• Conduct comprehensive spend analysis for assigned categories
• Develop and execute a negotiation strategy for assigned categories
• Execute strategic sourcing events for assigned categories as directed
• Effectively negotiate and document all terms, conditions and pricing
• Manages all contract documents, records, bids, insurance certificates, pricing grids and other required documentation
• Maintain contracts in accordance to expiration schedules, business requirements and best practices to trigger new sourcing events
• Manage the master item catalog for assigned categories. Ensuring we have accurate descriptions, pricing, supplier information and part numbers along with other additional information needed for our customer to execute a purchase
• Maintain commodity knowledge and stay abreast of industry trends
• Establish and maintain strategic supplier relationships
• Develop and manage supplier performance criteria and evaluations for maximum supplier value
• Follow all sourcing and procurement standard operating procedures. Provides feedback as necessary to reduce waste of any kind
• Fosters close working relationship with business units
• Creates and implements cost reduction opportunities and goals

JOB REQUIREMENTS

Appropriate education and/or experience may be substituted on an equivalent basis

Education: Bachelor’s Degree and a minimum of 5 years of buying experience or equivalent

Experience:

• Experience interpreting and analyzing complex procurement contract templates
• Experience prioritizing assignments, while multitasking in a fast-paced environment
• Commodity Specific
  
  Experience with :
  • Suppliers
  • Contracts
  • Systems
• Previous experience in a print manufacturing industry a plus

Certificates, Licenses, Registrations: C.P.S.M a plus

Knowledge, Skills & Abilities:

• Must have proficiency in a Procurement related tool set or demonstrate ability to learn Quad specific tools quickly
• Ability to perform duties with minimal supervision
• Can effectively cope with change, shift gears comfortably, decide and act without having the total picture and can comfortably handle risk and uncertainty
• A proven track record in cost reduction
• Strong data analysis and problem solving skills
• Strong attention to detail
• Strong computer skills with proficiency using Microsoft Excel and other Microsoft applications.
• Strong communication skills and experience communicating effectively with a variety of team members at all levels of the organization
• Change management and project management experience a plus

PHYSICAL DEMANDS

• Manual Dexterity:
  Work requires definite skilled and accurate physical operations requiring some closely coordinated performance.
• Physical Effort:
  Work requires handling lightweight materials or equipment with no special speed or exertion.
• Working Conditions:
  
  Ordinary office, shop, field, or warehouse working conditions with some…