R&D Sourcing Specialist

Job description

Job Description: R&D Sourcing Specialist This role plays a crucial role in research and development by identifying, evaluating, and securing the best suppliers for materials, components, and services needed for innovation. Their responsibilities typically include: Key Responsibilities: - Strategic Sourcing Project Management – Lead sourcing initiatives from concept phase to prototype validation, managing timelines, deliverables, and supplier readiness. - Supplier Development - Support onboarding and capacity-building efforts with new or existing suppliers to meet technical, quality, and compliance expectations - Supplier Identification & Evaluation – Researching and selecting vendors that meet quality, cost, and innovation requirements. - Negotiation & Contract Management – Establishing agreements with suppliers to ensure competitive pricing and favorable terms. - Collaboration with R&D Teams – Working closely with engineers and scientists to understand material needs and sourcing strategies. - Market & Trend Analysis – Keeping up with industry trends to identify new sourcing opportunities. - Cost Optimization – Finding ways to reduce expenses while maintaining high-quality standar...