Luminator Technology Group

Senior Strategic Sourcing Buyer

Plano, TX
Full Time
Operations Department
Experienced
Department:   Materials ManagementJob Status: Full-time
FLSA Status:   ExemptReports To:  Director, Operations
Grade/Level:  SalaryAmount of Travel Required: up to 50%  
Work Schedule:   M-F Positions Supervised:  0 

POSITION SUMMARY
The Senior Strategic Sourcing Buyer is responsible for developing and deploying strategic sourcing initiatives and policies to support profit margin expansion through material cost reduction, risk and supplier relationship management goals, and supplier rationalization.

ESSENTIAL FUNCTIONS
Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
 
Essential Functions:
  • Develop detailed spend analysis.
  • Identify strategic issues and risks, and develop supporting plans / tactics with strong analytics.
  • Identify and deploy cost-management strategies engaging suppliers and customers.
  • Develop should-cost analysis and conduct cost negotiations with suppliers.
  • Conduct contract negotiations with key suppliers, including costs and terms of supply, service, and quality.
  • Estimate risks and apply risk-minimizing techniques, as well as negotiating contracts that comply with industry regulations.
  • Maintain strategic sourcing relationships and develop strong partnerships.
  • Analyze and calculate procurement costs and develop cost reduction strategies.
  • Perform cost and scenario analyses, and benchmarking.
  • Prepare supplier risk assessments including capacity analysis & rate readiness assessments for key/critical suppliers.
  • Deliver initiatives including savings and “total cost of ownership” targets and goals.
  • Utilize data to analyze results and quantify savings.
  • Develop the sourcing and procurement strategies for the Aerospace department, aligning with corporate goals and objectives.
  • Partner with stakeholders to effectively leverage scale, simplify the supplier base, reduce total cost of ownership, and improve cost and customer On-Time delivery.
  • Act as a financial steward, spearhead and manage projects to reduce total cost of ownership while meeting financial business goals and objectives (e.g., costs, service, quality, policies, supply & risk mitigation).
  • Other duties as assigned.

REQUIREMENTS:

Education:  Bachelor’s degree in Supply Chain Management, Business Administration, Manufacturing, or related field required. Advanced degree preferred.

Experience:  At least 7 years of experience in procurement, strategic sourcing, and category management within a manufacturing environment. Demonstrated results/achievments in personal procurement requried. Leadership or people management experience preferred. Supplier management experience preferred.

Technology Skills:  Expert-level proficiency with PowerBI and Microsoft Office applications is required, including but not limited to Outlook, Teams, Word, Excel, and PowerPoint.
Certificates & Licenses:  Supply Chain Management (e.g., CPSM, CSCP) preferred.

Other Requirements:
  • Strong negotiation, communication, and interpersonal skills.
  • Advanced proficiency in data analysis and reporting tools.
  • Excellent organizational and time management skills, including taking initiative and being proactive.
  • Strong collaboration skills with the ability to work within and across teams in a lead and contributing role at all levels within the organization.
  • Demonstrated ability to multitask and adapt to new situations and changing demands while meeting deadlines.
  • Meticulous attention to detail and accuracy to identify discrepancies or missing information.
  • Ability to work independently, think critically and problem solve and drive items to closure in a proactive manner.
  • Excellent analytical and problem-solving abilities.
  • Knowledge of sustainable procurement practices and industry regulations.

PHYSICAL DEMANDS
Physical Demands

It is the policy of Luminator to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Luminator prohibits any such discrimination or harassment.

The above described responsibilities and requirements are a general guide for the role you are applying for and are not all inclusive of the job requirements.

Luminator Technology Group does not accept staffing agency candidates for our postings.

All positions posted are required to be in office unless otherwise posted.

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