Raw Material Sourcing & Negotiation
Budget: $2 – $8 USD
I need an experienced procurement professional to take over the re-sourcing of key raw materials, drive meaningful cost savings, and still preserve our current quality standards. The project begins with mapping alternative suppliers, benchmarking their capabilities, then moving straight into negotiation for better pricing structures and more reliable delivery terms.
Day-to-day you will be in constant contact with Sales, Planning, Finance, Logistics, and our Warehouse teams to be sure every agreement you reach translates smoothly into production schedules, cash-flow forecasts, shipping plans, and on-time receipts. Clear, proactive communication is critical; I expect concise progress updates as well as immediate escalation when issues threaten cost, quality, or timelines.
Our purchasing system (Oracle NetSuite) must stay perfectly updated so anyone in the company can see real-time status on POs, shipment ETAs, and financial settlements. I will grant you access; accuracy here is non-negotiable because the data drives demand planning and working-capital reporting.
Key deliverables
• Shortlist of vetted raw-material suppliers with capability, lead-time, and price comparisons
• Negotiated contracts showing hard cost reductions and confirmed service-level agreements
• Updated entries in the purchasing platform for every new or amended PO
• Weekly summary report of open actions, risks, and next steps
• Quick-start guide to train new team members on the updated sourcing workflow
Acceptance criteria
• Minimum 8 % landed-cost reduction across the assigned SKUs without quality downgrade
• Zero disruption to production schedules during supplier changeover
• All system data validated by Finance and Inventory Control before project close
If you have a track record of squeezing real savings out of raw-material categories while keeping factory lines running smoothly, I’m eager to review your proposal and timeline.
Day-to-day you will be in constant contact with Sales, Planning, Finance, Logistics, and our Warehouse teams to be sure every agreement you reach translates smoothly into production schedules, cash-flow forecasts, shipping plans, and on-time receipts. Clear, proactive communication is critical; I expect concise progress updates as well as immediate escalation when issues threaten cost, quality, or timelines.
Our purchasing system (Oracle NetSuite) must stay perfectly updated so anyone in the company can see real-time status on POs, shipment ETAs, and financial settlements. I will grant you access; accuracy here is non-negotiable because the data drives demand planning and working-capital reporting.
Key deliverables
• Shortlist of vetted raw-material suppliers with capability, lead-time, and price comparisons
• Negotiated contracts showing hard cost reductions and confirmed service-level agreements
• Updated entries in the purchasing platform for every new or amended PO
• Weekly summary report of open actions, risks, and next steps
• Quick-start guide to train new team members on the updated sourcing workflow
Acceptance criteria
• Minimum 8 % landed-cost reduction across the assigned SKUs without quality downgrade
• Zero disruption to production schedules during supplier changeover
• All system data validated by Finance and Inventory Control before project close
If you have a track record of squeezing real savings out of raw-material categories while keeping factory lines running smoothly, I’m eager to review your proposal and timeline.
Related categories:
Accounting
Excel
Oracle
Finance
Inventory Management
Procurement
Data Analysis
Contract Management