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GI
Graco Inc.
Sourcing Specialist
Career Insights for Procurement / Sourcing Specialist
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Based on Minnesota data
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What they do
A Procurement or Sourcing Specialist is responsible for sourcing and purchasing the goods or services required by an organization, especially tracking overall spend and improving bidding processes. Responsible for maintaining supplier relationships. May also be responsible growing supplier relationships with new and/or existing suppliers.
$69,566 / year median in Minnesota
-1% projected decline
Job Description
Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life. Provides purchasing support to factories by ensuring all required materials are procured in a timely and cost effective manner. Assists in the management of all aspects of Graco's global sourcing strategy. To ensure annual improvement in the total cost, quality, and service for metal fabrication categories . To fully understand the business units and manufacturing requirements, and implement a procurement process to meet specific needs. Essential Duties Locate, analyze and evaluate sources (capability, capacity, market constraints) for assigned categories/commodities (20%). Analyze and evaluate bids (price, availability, cost to produce, quality) and review competitive proposals(15%). Support new supplier qualification and new product development activities as required, to include supplier visits and audits (20%). Place and enter purchase orders as required (5%). Keep current on new market trends and materials information (5%). Maintain order quantities based on established formulas (10%). Support cost reduction, lead time reduction and improve inventory turns (25%). Other duties as assigned. Position Requirements Education & Experience Bachelor's degree in Business Administration or related field; Supply Chain Management preferred 2+ years purchasing or manufacturing related experience Skills/Abilities/Competencies Basic knowledge of purchasing practices. Excellent verbal and written communication skills. Interpersonal skills to correspond effectively with all levels of the organization. Experience in analysis and resolution of critical or chronic cost, quality, or delivery problems. Microsoft Office skills (Excel, Word, and PowerPoint). Occasional travel may be required. Desirable Qualifications ERP business software experience (Oracle, SAP, etc). Manufacturing environment experience. ISM certification (CSCP,CPSM). Engineering drawing interpretation skills. #LI-KE1 #