Strategic Sourcing Specialist

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you. **Overall purpose of role**: The Strategic Sourcing Specialist is responsible for developing and executing both short- and long-term sourcing strategies that support organizational objectives related to cost competitiveness, supplier performance, supply continuity, on-time delivery, and supplier consolidation. This role leads strategic sourcing initiatives, manages supplier relationships, and drives continuous improvement across the supply chain while supporting new product development and operational requirements. The incumbent will independently lead sourcing projects, establish project plans, track progress against objectives, and provide regular updates to stakeholders on performance, risks, and outcomes. **Key Responsibilities:** * Develop, implement, and maintain category and commodity sourcing strategies that deliver cost savings, supply continuity, quality improvements, risk management, and supplier rationalization objectives. * Identify, evaluate, negotiate with, and qualify best-in-class suppliers capable of supporting current and future business requirements. * Lead supplier selection, sourcing events, RFQ/RFP processes, and contract negotiations to achieve optimal commercial and operational outcomes. * Develop, negotiate, and maintain strategic supply agreements with key suppliers, ensuring alignment with business objectives and risk mitigation requirements. * Build and maintain strong, collaborative relationships with suppliers to drive performance, innovation, responsiveness, and long-term value. * Partner with Supplier Quality, Engineering, Operations, and other cross-functional teams to support supplier development, production approvals, and ongoing supplier performance management. * Support supplier transition and development activities following product launches to ensure suppliers consistently meet performance expectations related to quality, delivery, and cost. * Collaborate with Engineering and Quality teams on product testing, validation plans, qualification activities, and production approval processes. * Support new product development initiatives by sourcing components, identifying capable suppliers, and ensuring timely procurement involvement throughout the product lifecycle. * Develop a thorough understanding of supplier capabilities, manufacturing processes, market dynamics, and emerging technologies relevant to assigned commodities. * Monitor industry trends, market conditions, and supply chain r