What is an procurement sourcing specialist job?
An procurement sourcing specialist job is a position that involves sourcing and procuring goods and services for a company. This job focuses on finding the best suppliers and vendors for the company's needs while ensuring that the costs are reasonable and within the budget.
What usually do in this position?
An procurement sourcing specialist job involves a variety of responsibilities, which include identifying potential suppliers, negotiating contracts, analyzing market trends, and managing relationships with vendors. They are also responsible for ensuring that the procurement process is efficient and cost-effective, while also complying with regulations and internal policies.
Top 5 skills for position
- Strong communication and negotiation skills
- Excellent analytical and problem-solving skills
- Detail-oriented and organized
- Knowledgeable in procurement processes and regulations
- Proficient in data analysis and management
How to become this type of specialist?
To become an procurement sourcing specialist, a bachelor's degree in business, supply chain management, or a related field is typically required. Relevant work experience in procurement or supply chain management is also preferred. Additionally, obtaining professional certifications such as Certified Professional in Supply Management (CPSM) can enhance job prospects.
Average salary
The average salary for an procurement sourcing specialist job in the United States is around $70,000 to $80,000 per year. However, this may vary depending on the company, location, and level of experience.
Roles and types
The role of an procurement sourcing specialist can vary depending on the industry and company. Some common types of procurement sourcing specialist jobs include strategic procurement specialist, tactical procurement specialist, and category procurement specialist. These roles may focus on different aspects of procurement, such as managing supplier relationships or optimizing procurement processes.
Locations with the most popular jobs in USA
Procurement sourcing specialist jobs are in high demand in many parts of the United States. Some of the most popular locations for these jobs include major metropolitan areas such as New York City, Los Angeles, Chicago, and Houston. However, there are also opportunities in smaller cities and rural areas, especially in industries such as manufacturing and healthcare.
What are the typical tools?
Procurement sourcing specialists use a variety of tools to manage the procurement process, such as procurement software, contract management software, and data analytics tools. They may also use financial management software to track costs and expenses, as well as communication and collaboration tools to work with suppliers and internal teams.
In conclusion
Overall, an procurement sourcing specialist job is a challenging and rewarding position that requires a combination of analytical, communication, and organizational skills. With the right education, experience, and certifications, individuals can pursue a successful career in this field and help their companies achieve their procurement goals and objectives.