Overseas Product Sourcing Specialist Job Description [Updated for 2025]

In the era of globalization, the importance of Overseas Product Sourcing Specialists cannot be underestimated.

As markets continue to expand and cross borders, the demand for skilled professionals who can effectively source, negotiate, and procure products from international suppliers is on the rise.

But what exactly is expected from an Overseas Product Sourcing Specialist?

Whether you are:

• A job seeker looking to understand the nuances of this role,
• A hiring manager trying to profile the perfect candidate,
• Or simply interested in the intricate world of international product sourcing,

You’ve come to the right place.

Today, we present a customizable Overseas Product Sourcing Specialist job description template, designed for effortless posting on job boards or career sites.

Let’s delve right into it.

Overseas Product Sourcing Specialist Duties and Responsibilities

Overseas Product Sourcing Specialists are tasked with identifying and procuring products from international markets, ensuring quality, compliance, and profitability.

These professionals take an active role in the supply chain process, from initial contact with overseas suppliers to the final product delivery.

The duties and responsibilities of an Overseas Product Sourcing Specialist include:

• Researching, identifying, and developing relationships with potential suppliers in foreign markets.
• Negotiating purchase agreements and contracts with suppliers.
• Ensuring all sourced products meet company standards and compliance regulations.
• Evaluating supplier performance in areas such as quality, cost, delivery, and service.
• Working with logistics departments to coordinate international shipping and customs processes.
• Coordinating with product development and marketing teams to identify new product opportunities.
• Communicating with suppliers on production schedules, delivery times, and potential delays.
• Resolving any issues or disputes with suppliers, such as production or delivery problems.
• Keeping accurate records of transactions, agreements, and supplier information.
• Attending international trade shows, exhibitions, and business meetings to stay updated with industry trends.

 

Overseas Product Sourcing Specialist Job Description Template

Job Brief

We are seeking a detail-oriented, proactive Overseas Product Sourcing Specialist to identify, evaluate, and establish reliable suppliers from overseas markets.

The primary responsibilities include researching and comparing suppliers, negotiating prices, and ensuring consistent supply of products to support our business operations.

Our ideal candidate has in-depth knowledge of supply chain management and a knack for negotiation, along with a keen understanding of international trade regulations.

The aim is to ensure that the products sourced align with our company’s standards of quality and cost-efficiency.

 

Responsibilities

• Conduct overseas market research to identify potential suppliers
• Negotiate contracts, prices, timelines, and supply quantities
• Ensure compliance with international trade regulations and customs
• Assess supplier profiles and analyze offers
• Maintain updated records of purchased products, delivery information, and invoices
• Coordinate with suppliers to ensure timely delivery of products
• Forecast price and market trends to identify changes of balance in buyer-supplier power
• Perform cost and scenario analysis, and benchmarking
• Implement sourcing strategies to maintain efficiency and quality
• Work closely with other departments to determine product needs and ensure supply consistency

 

Qualifications

• Proven experience as a sourcing specialist or similar role
• Solid knowledge of sourcing and procurement principles
• Understanding of market dynamics and sound business judgement
• Proficient in supplier management software
• Strong negotiation skills and the ability to network and influence decisions
• Knowledge of international trade regulations and customs
• Ability to multitask and handle multiple projects simultaneously
• Excellent communication skills
• A Bachelor’s degree in business administration, logistics or a relevant field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Overseas Product Sourcing Specialist
• Work Environment: Office setting with occasional travel to supplier locations overseas.
• Reporting Structure: Reports to the Supply Chain Manager or Procurement Director.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $60,000 minimum to $100,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does an Overseas Product Sourcing Specialist Do?

An Overseas Product Sourcing Specialist, also known as an Import/Export Specialist, works primarily in the field of international trade, dealing with the procurement and shipment of goods from foreign suppliers.

They actively search for products and suppliers overseas that meet the criteria set by their company in terms of quality, price, and delivery speed.

They might do this by conducting market research, attending trade shows, or visiting manufacturing plants.

These specialists negotiate contracts with foreign suppliers, taking into account factors like price, quality, and delivery time.

They often need to be knowledgeable about international trade regulations and customs duties to ensure that their company complies with all the necessary laws and regulations.

Overseas Product Sourcing Specialists are also responsible for tracking orders and handling any issues that may arise during the shipping process.

They communicate regularly with suppliers, freight forwarders, and customs brokers to ensure smooth delivery.

In addition, they often work with their company’s product development teams, providing them with information on new products and trends in the market.

They may also be involved in assessing the financial risks associated with importing certain goods.

 

Overseas Product Sourcing Specialist Qualifications and Skills

An Overseas Product Sourcing Specialist needs to demonstrate a variety of skills and qualifications to find and negotiate best quality products at low costs, such as:

• Excellent negotiation skills to secure the best prices and terms with suppliers, and to foster long-term relationships with them.
• Adept at conducting market research to identify potential new products and suppliers, and to assess product demand and quality.
• Strong analytical skills to evaluate suppliers, considering price, quality, availability, reliability, and technical support.
• Exceptional communication and interpersonal skills to liaise with overseas suppliers and build beneficial relationships.
• Ability to manage and track international shipments, ensuring customs regulations are met.
• Knowledge of relevant foreign languages can be advantageous when dealing with international suppliers.
• Strong understanding of international trade regulations and laws.
• Excellent problem-solving skills to resolve issues concerning supply demand, delivery and quality of products.
• Ability to multitask and handle multiple supplier relationships and procurement processes simultaneously.

 

Overseas Product Sourcing Specialist Experience Requirements

An Overseas Product Sourcing Specialist typically needs to have at least 1 to 3 years of relevant experience, often obtained through roles such as Procurement Assistant, Logistics Coordinator, or Supply Chain Analyst.

The role usually demands a thorough understanding of international trade laws and regulations, logistics, and procurement processes.

Experience with cost analysis, negotiation, and vendor management is also highly valued.

Candidates with 3 to 5 years of experience often demonstrate comprehensive knowledge of global sourcing and purchasing strategies.

They should have a proven track record in identifying and vetting potential suppliers, negotiating contracts, and ensuring timely delivery of products.

Those with more than 5 years of experience may have leadership skills as well as extensive knowledge in managing complex international supply chains, handling customs procedures, and resolving logistics issues.

They are usually qualified for senior roles or managerial positions within the procurement or sourcing department.

Knowledge of a second language may also be beneficial, given the international nature of the role.

Advanced skills in data analysis and proficiency in using sourcing or procurement software can additionally enhance a candidate’s qualifications.

 

Overseas Product Sourcing Specialist Education and Training Requirements

Overseas Product Sourcing Specialists typically possess a bachelor’s degree in business, international business, supply chain management, or a related field.

They must also have knowledge of procurement and negotiation principles, as well as import and export regulations.

Familiarity with global markets, international trade laws, and foreign cultures is also essential in this role.

A strong understanding of product sourcing and manufacturing processes, and the ability to analyze supplier capabilities, are key skills that are often honed through on-the-job experience or specialized training programs.

A master’s degree in international business or a related field may be required for certain positions, particularly those involving strategic planning or management responsibilities.

Certifications such as Certified Professional in Supply Management (CPSM), Certified Supply Chain Professional (CSCP), or Certified in Production and Inventory Management (CPIM) from recognized institutions may enhance a candidate’s prospects and demonstrate commitment to professional development.

In addition, proficiency in more than one language can be a significant asset in this role, facilitating communication with suppliers and manufacturers in different countries.

Continuing education and staying updated on changes in international trade regulations, market trends, and technological advancements are also crucial in this field.

 

Overseas Product Sourcing Specialist Salary Expectations

An Overseas Product Sourcing Specialist earns an average salary of $68,394 (USD) per year.

The actual earnings may fluctuate depending on factors such as industry experience, the scale and scope of the sourcing operations, the geographical location, and the employing organization’s size and sector.

 

Overseas Product Sourcing Specialist Job Description FAQs

What skills does an Overseas Product Sourcing Specialist need?

Overseas Product Sourcing Specialists should possess strong research and negotiation skills to obtain high-quality products at the best possible cost.

They should have excellent communication skills to liaise with foreign suppliers, and an understanding of global market trends.

They should also have a solid understanding of supply chain management, and be detail-oriented to ensure compliance with international trade regulations.

 

Do Overseas Product Sourcing Specialists need a degree?

A bachelor’s degree in Business, Logistics, or a related field is commonly required for this role.

Some employers might prefer candidates with a master’s degree in Business Administration or International Business.

Relevant work experience in sourcing and procurement may also be considered in lieu of formal education.

 

What should you look for in an Overseas Product Sourcing Specialist’s resume?

Look for candidates who have experience in sourcing products internationally, and who have a strong understanding of global markets and supply chain management.

Familiarity with international trade regulations is also important.

Proficiency in a second language can be a major asset in this role.

 

What qualities make a good Overseas Product Sourcing Specialist?

A good Overseas Product Sourcing Specialist is analytical, detail-oriented and has great negotiation skills.

They should be comfortable communicating with suppliers from diverse cultures and backgrounds, and be able to make quick decisions based on changing market trends.

They should also be able to manage multiple tasks and projects at once, and work well under pressure.

 

Is it difficult to hire an Overseas Product Sourcing Specialist?

Hiring an Overseas Product Sourcing Specialist can be challenging due to the specific combination of skills and experience required for the role.

It is important to find someone who is not only knowledgeable about sourcing and procurement, but also has a good understanding of international trade and cultural sensitivity.

A strong network in the industry and a competitive compensation package can aid in attracting the right candidates.

 

Conclusion

And there we have it.

Today, we’ve unmasked the intriguing details about what it means to be an Overseas Product Sourcing Specialist.

And guess what?

It’s not just about finding products.

It’s about orchestrating a global marketplace, one sourced product at a time.

With our handy Overseas Product Sourcing Specialist job description template and real-world examples, you’re equipped to get started.

But why not go further?

Explore more with our job description generator. It’s your go-to tool for creating finely-tuned job listings or optimizing your resume to excellence.

Remember:

Every sourced product is a piece of the larger global puzzle.

Let’s build that world. Together.

How to Become an Overseas Product Sourcing Specialist (Complete Guide)

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