Commodities Quant Jobs in Minnesota (NOW HIRING)

Description

The Sourcing Specialist provides strategic sourcing and procurement support to the overall organization. This role will monitor market trends, evaluate supplier performance, provide data-driven insights to optimize business partnerships, ensure supply continuity, and achieve the required performance in cost, quality as well as service.  

Duties/Responsibilities

Perform all job responsibilities in a manner that supports a healthy, safe, and productive work environment for all employees. Encourage a diverse workplace, treat others with respect, and contribute to work groups. Support the overall mission of Jarraff by Prinoth. 

• Assist in the development and execution of strategies for commodities using Total Best Cost approach and supply base risk assessments. 
• Develop and maintain knowledge of market conditions, trends, sources of supply, and supplier capabilities for materials.
• Identify lead cost saving and value-engineering initiatives through cross-functional alignment along with support.
• Execute and support RFP/RFQ processes to ensure competitive and high performing supply base. 
• Facilitate supplier communications for performance reviews, issue escalations, and ongoing improvement initiatives.
• Participate and be responsible for early engagement with Engineering on all new programs.
• Support the development as well as deployment of standard processes and best practices across the organization.
• Provide analytical support for Procurement related projects and initiatives as requested.
• Perform all other related duties as assigned. 

Requirements

Required Skills/Abilities

• Strong analytical and quantitative skills; ability to interpret complex data.
• Proficient with Excel, data visualization tools, and ERP systems.
• Knowledge of supply chain principles, market economics, and sourcing strategies.
• Excellent project management, written and oral communication, organizational, and interpersonal skills. 
• Action-oriented self-starter able to work through ambiguous and complex situations, manage multiple priorities, and meet deadlines.

Education and Experience

• Bachelor's degree in supply chain, Operations, Engineering, Business or related field. 
• 3-5 years of experience in commodity analysis, supply chain, procurement, financial analysis, or related fields preferred. 
• Able to interpret technical data such as specifications, drawings, and bills-of-material

Travel

20% travel expected for this position within the United States and internationally. 

Physical Requirements

The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the employee will: 

• Sit at a desk while working on a computer for prolonged periods. 
• Must be able to lift 15 pounds at times. 
• Must be able to access and navigate each department at the organization's facilities. 

Work Environment

This job operates in a professional office and occasionally a shop environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines. Working in a shop environment requires the use of safety personal protective equipment to include, but not limited to, eye safety glasses, hearing protectors, and steel toed safety shoes.