Buyer III
 Genesis10 | |
life insurance, 401(k)
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 United States, South Dakota, Sioux Falls | |
 May 27, 2025 | |
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Genesis10 seeks a Commodity Sourcing Specialist for a 6-month contract assignment in Oak Brook, IL or Sioux Falls, SD. Positions may require some travel. Candidates can be located in Sioux Falls or Oak Brook. Compensation: $30.00 - 35.00 per hour, W2, depending on skill and experience level. Description: The Strategic Commodity Sourcing Specialist - Precision Technology - is an individual contributor role responsible for setting strategic direction for the assigned commodity, managing negotiations, and helping achieve the budget, sourcing, closing campaigns, and meeting rationalization targets. The Specialist will forecast and report economic savings performance, negotiate price reductions or increases, drive long-term agreements, market test, award new business to maximize leverage and analyze various reports to identify cost reduction opportunities. This role is approximately 70% Strategic / 30% Operational (Focus: Commodity Strategy, Benchmarking, Sourcing Council preparations, mid to upper management presentations, resourcing as needed, Technical Cost reductions, Warranty agreements, managing supplier financial distress, coordination with global teams, supplier capacity management.) Responsibilities: * Lead supplier evaluation, selection, and sourcing for assigned commodities for all North American Parts and Service operations and/or leading/supporting regional sourcing projects by working closely with the global commodity team (EMEA, LATAM, APAC). * Programs: Support function for new product launch initiatives while developing and implementing cost reduction and sourcing strategies through leveraging parts for new platforms to meet program timing, cost, quality, delivery, and strategic objectives. * Develops/implements supply base management strategies regionally that lead to the lowest total cost in terms of quality, lead time, delivery, service, and unit cost. Drives the selection of suppliers, negotiates, and maintains performance to expectations. * Negotiates, implements, and manages LTA's (long-term agreements) while achieving commercial savings and raw material recovery to meet or exceed material cost and total cost reduction objectives and while supporting organizational initiatives. Facilitates supplier/engineering VA/VE activities to drive product cost savings and process improvement initiatives to achieve budget performance. * Provide leadership in and develop an understanding of and insight into the market for the commodities assigned, including industry trends, cost drivers, global pricing, lead times, technology, and manufacturing capability of company suppliers and suppliers in the market that best meet expectations and objectives. Track, monitor, and execute hedges at optimal raw material market conditions to minimize risk. Required Qualifications: * A Bachelor's Degree in Business, Supply Chain, or a related field plus a minimum of 3 years of purchasing experience. Instead of a Bachelor's degree will consider an Associates Degree as specified plus a minimum of 5 years of purchasing experience or a High School Diploma plus 7 years of purchasing experience. * Intermediate level of proficiency in Excel (to include pivot tables and v-look-ups) and PowerPoint * Minimal travel If you have the described qualifications and are interested in this exciting opportunity, apply today! About Genesis10: Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals. Benefits of Working with Genesis10: Access to hundreds of clients, most of whom have been working with Genesis10 for 5-20+ years. The opportunity to have a home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years. * Access to an experienced, caring recruiting team (more than 7 years of experience, on average.) * Behavioral Health Platform * Medical, Dental, Vision * Health Savings Account * Voluntary Hospital Indemnity (Critical Illness & Accident) * Voluntary Term Life Insurance * 401K * Sick Pay (for applicable states/municipalities) * Commuter Benefits (Dallas, NYC, SF, Chicago) For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as the Best Company for Work-Life Balance, and as the Best Company for Career Growth, Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit us at our website. Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. #INDGEN10 | |