What is a sourcing specialist?

A sourcing specialist is a professional who is responsible for identifying, evaluating, and selecting suppliers for a company's products or services. They work with various departments within an organization to understand their sourcing needs and requirements, then research and analyze potential suppliers to determine which ones best meet those needs.

Sourcing specialists also negotiate contracts and agreements with suppliers to secure the best terms and prices for their company. They may also monitor supplier performance and make recommendations for improvements or changes as needed.

Overall, a sourcing specialist plays a crucial role in helping a company maintain high-quality products and services while keeping costs down through effective supplier management and strategic sourcing practices. They must have strong analytical skills, negotiation abilities, and a deep understanding of global markets and supply chain management.