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MH
MAT Holdings, Inc
Sourcing Specialist
Career Insights for Procurement / Sourcing Specialist
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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.
$63,239 / year median in Tennessee
+2% projected growth
Job Description
Company Description MAT Industries Inc., a proud member of MAT Holdings Inc., is a leading manufacturer of air compressors and air brake tanks in the Jackson community located at 213 Industrial Dr., Jackson, TN 38301. World-class domestic manufacturing facilities allow MAT Industries to offer high-quality air compressors, air tools, and accessories to retailers under brands such as Powermate®, Industrial Air®, Industrial Air Contractor®, and Sanborn® as well as private labels. Our air compressors are sold through retailers, including major home centers, hardware co-ops, independents, and farm and fleet stores around the US. We're more than manufacturing, we're MAT. Benefits MAT Holdings Inc. and its subsidiaries offer a complete benefits package that includes medical, dental, vision, and disability insurance after 60 days of employment Paid Time Off (PTO), including paid vacation, sick days, and paid holidays 401k Retirement Plan + Company Match Career Advancement Program, training and development Wellness Programs, including fitness reimbursements and mental health support Health Savings Account (HSA) and Flexible Spending Accounts (FSA) Voluntary Life / AD&D , Employer Provided Life/AD&D and More Job Description The Sourcing Specialist shall interface between suppliers, engineering, quality, and manufacturing while providing critical information to support our manufacturing team. This position requires interpersonal skills, patience, assertiveness, and flexibility to complete the task. Principle Responsibilities Resolve operational issues with cross-functional teams such as Sales, Customer Service, Accounting, IT, Warehouse, Operation, Import Documents, and Customs Brokers Organize and carry out vigorous value improvement & cost improvement programs to achieve company goals Work with engineering in quoting and sourcing new parts Negotiate the purchase terms and prices with vendors Responsible for releasing purchase orders and working with Quality and Engineering for qualification for all new parts Evaluate the current supplier's cost and quality history, reviewing other supplier options and leading strategic sourcing projects Administers the necessary reports and documents required to support purchasing activities Work with Quality and Materials to review and help with the disposition of all defective material received from suppliers when required Maintain product profiles, material master, cost analysis/landed costs for internal and external use Work with suppliers to resolve procurement issues including, but not limited to, price, quality, service, and delivery Work with Product Manager, Sales, and Marketing Team to develop new products Insure on-time delivery Coordinate with suppliers to determine material availability and expedite order processing Identify critical items for receiving and incoming inspection to ensure priority handling and smooth material flow Coordinate expediting activities, communicates change requirements to vendors, and maintains data integrity within SAP Coordinate discrepancy resolution (material, shipping, invoice), investigation/resolution of other issues regarding purchase orders Assist others with special projects as required