LiftOne · 2 weeks ago
Strategic Sourcing Specialist
LiftOne is a family-owned company focused on optimizing supplier partnerships and driving enterprise value. The Strategic Sourcing Specialist will be responsible for developing procurement strategies, managing vendor performance, and implementing cost-saving measures to enhance the company's supply chain.
IndustrialRentalWarehousing
Responsibilities
Develop and deliver measurable direct procurement sourcing strategy targets grounded in total cost of ownership (e.g., price, logistics, payment terms, quality, service, risk, and lifecycle cost) for materials handling categories that include Tires & Tire Service; Motive Power (Batteries & Chargers); OEM Aftermarket Parts; Specialty Attachments; and MRO & Consumables
Lead end-to-end sourcing events, including gathering requirements and benchmarking analysis, RFx procedures, vendor performance evaluations, and sourcing/contract awards
Identify and implement value-based opportunities for vendor consolidations where gainful and define stratification logic to optimize vendor allocations to drive economies of scale across 21 network locations
Lead development of center-led procurement vendor performance scorecard tool to support cadenced QBRs and to measure KPIs, including but not limited to: OTIF, OTD, qualitative controls, cost competitiveness, and SAP Auto-PO adoption rates
Partner with LiftOne vendors to drive corrective action plans, continuous improvement enhancements, and performance-based business and rebate incentives
Conduct and lead structured vendor reviews to align and maximize scorecard KPIs with LiftOne’s overall operational and financial goals
Develop sourcing models that quantify hidden cost drivers such as logistics, warranty risk, downtime exposure, and supplier payment terms
Negotiate flexible agreements to mitigate inflationary pressure, including index-based pricing, caps/floors, or commodity hedging where appropriate
Identify opportunities to standardize SKUs and specifications across branches to lower complexity and holding cost
Introduce gainsharing and performance-based rebate programs that reward suppliers for efficiency, quality, or service improvements
Quantify and report on cost avoidance achieved through early supplier engagement, proactive escalation management, and risk-mitigation tactics
Lead vendor rationalization and consolidation projects among direct procurement categories, ensuring an optimal balance between leverage and supply continuity. Also, drive accountability within the purchasing team by setting performance expectations and conducting regular KPI reviews with Buyers
Support long-term vendor partnerships while balancing cost-advantageous OEM sources against competitive aftermarket alternatives
Leverage SAP S/4HANA and BI tools (Power BI, Fiori reports, Etc.) to ensure sourcing strategies are executed through data-driven governance
Partner with Tactical Buyers, Procurement Analyst, and Inventory Control specialists to ensure sourcing strategies cascade into day-to-day operations
Develop sourcing templates, playbooks, and frameworks to standardize best practices across categories
Other duties as assigned
Qualification
Required
Bachelor's degree in Supply Chain, Business Administration, or Analytics is required
At least 4-7 years of deep expertise or a progressively demonstrated success in procurement, sourcing, or category management
Strong problem solving and communication skills
Collaborative work environment mindset
Strong analytical capabilities with proficiency in data visualization tools
Ability to work under pressure effectively and professionally, in a team-oriented environment, with frequent changes in deadlines and priorities
Adaptability and resilience in a growing, evolving procurement business unit
Proficiency using Microsoft Office including Excel, PowerPoint, and Word
Preferred
Experience in material handling, industrial equipment, capital goods, or adjacent sectors (MRO, aftermarket parts, manufacturing) strongly preferred
ERP experience preferred; SAP S4/Hana a plus
Familiarity with Procure-to-Pay (PTP/P2P)
Power BI strongly preferred
Benefits
Great benefits
Competitive salaries
Opportunities for advancement
Company
LiftOne
LiftOne provides material handling and warehouse solutions to businesses.
Funding
Current Stage
Late StageRecent News
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