Latitude AI

Strategic Sourcing Specialist

Houston, Texas, United States

$90,000 – $105,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Artificial IntelligenceIndustries

Strategic Sourcing Specialist

Position Overview

  • Location Type: [Not specified]
  • Employment Type: Full Time
  • Salary: $90,000 - $105,000 a year
  • Job Type: Strategic Sourcing Specialist

A highly motivated Strategic Sourcing Specialist is needed to join our procurement team. This role focuses on developing and executing sourcing strategies that align with organizational goals, reduce costs, and improve supplier performance. You will work cross-functionally with internal stakeholders and external vendors to secure high-quality goods and services while driving innovation and value creation throughout the supply chain.

Requirements

  • [Not specified] - Details regarding specific requirements are missing.

Responsibilities

  • Develop and implement sourcing strategies for assigned categories or projects.
  • Lead supplier selection, qualification, negotiation, and contract award processes.
  • Conduct market research and supplier analysis to identify new sourcing opportunities and mitigate risks.
  • Collaborate with internal teams (e.g., operations, finance, legal, engineering) to align sourcing strategies with business needs.
  • Manage Request for Proposals (RFPs), Request for Quotations (RFQs), and bid evaluations.
  • Negotiate pricing, payment terms, delivery schedules, and service levels with suppliers.
  • Monitor and evaluate supplier performance using KPIs and scorecards.
  • Drive continuous improvement initiatives focused on cost savings, quality, and process efficiency.
  • Maintain accurate documentation and data within procurement systems and ensure compliance with company policies and procedures.

Application Instructions

  • Details regarding application instructions are missing.

Skills

Strategic Sourcing
Procurement
Supplier Negotiation
Contract Management
Market Research
Supplier Performance Management
RFP/RFQ Management
Cost Reduction
Supply Chain Management

Latitude AI

Develops automated driving technologies for vehicles

About Latitude AI

Latitude AI develops automated driving technologies aimed at enhancing the driving experience. Their primary product is a hands-free, eyes-off driver assist system designed for next-generation Ford vehicles. This system allows drivers to engage in other activities while the vehicle manages driving tasks, thereby making driving safer and less stressful. Latitude AI stands out from competitors by combining the agility of a startup with the manufacturing capabilities of Ford, enabling rapid development and integration of advanced technologies into vehicles. The company's goal is to redefine how people interact with their cars, improving safety and providing drivers with more free time during their journeys.

Pittsburgh, PennsylvaniaHeadquarters
2022Year Founded
VENTURE_UNKNOWNCompany Stage
Robotics & Automation, Automotive & TransportationIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Paid Medical Leave
Unlimited Paid Time Off
Paid Holidays
Monthly Wellness Stipend
Professional Development Budget
Mental Health Support
Employee Discounts
Adoption Assistance
Backup Child and Elder Care Program
Pre-tax Commuter Benefits
Employer-paid Group Term Life Insurance

Risks

Competition from tech giants like Tesla and Google may impact market share.
Continuous updates needed due to rapid AI advancements could be costly.
Consumer skepticism and regulatory hurdles may slow technology adoption.

Differentiation

Latitude AI combines startup agility with Ford's manufacturing excellence.
Focuses on hands-free, eyes-off driver assist systems for Ford vehicles.
Operates independently while serving millions of Ford customers.

Upsides

Increased investment in AI-driven automotive technologies boosts sensor fusion advancements.
V2X communication technologies enhance vehicle interaction with the environment.
Edge computing enables real-time data processing, improving automated driving performance.

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