Sourcing Specialist Jobs

Job Summary:

The Sourcing Specialist supports strategic procurement and category management processes that create sustainable value through lower costs, improved supplier performance and efficiency with a keen appreciation for Business Partner needs and priorities.

Duties:

• Use continuous improvement framework to sustain SC strategy and compliance with objectives
• As directed, communicate with suppliers and is knowledgeable about procurement practices and category strategy
• Help implement, in collaboration with Portfolio Managers and Category Managers, leading practices for spend/market analysis to develop value-adding sourcing strategies
• Seek to develop category expertise, market dynamics and trends knowledge, insights about suppliers, pricing, and negotiating tactics
• Support regular assessment of Business Partner requirements and matching procurement plans to meet/adapt to business needs
• Support bid evaluation, negotiation strategy development, and negotiation execution
• Develop competitive solicitation, bid evaluation, and negotiations materials
• Develop, maintain, and appropriately build positive and influential relationships with suppliers and Business Partners to assure long-term, cost-effective, procurement strategy in procurement of key services and goods
• Execute sourcing strategies based on Category Manager guidance and leading practices and provide commercial and procurement expertise to deliver optimal outcomes
• Help identify and implement, in collaboration with the Supply Chain management, leading practices throughout the organization
• Assist in the preparation and communication of business cases to support SC initiatives and priorities.
• Support Portfolio Managers and Category Managers in category management activities and processes that ensure Business Partner satisfaction and value creation
• Work closely with Category Manager to align strategy making processes with Business Partner processes
• Coordinate with and leverage market, supplier, and spend analyses with Sourcing Analysts to inform category strategies and competitive solicitations
• Develop contracting documentation based on established terms and conditions, pricing, performance criteria, and any risk mitigations
• Communicate initiatives and improvements to Business Partners as appropriate
• Support the SC and category strategy development process with analysis and helps integrate it with regular business planning and budgeting cycles for SC

Desired Skills/Experience:

• Bachelor's degree required, preferably in Engineering, Business, Accounting, Finance, Supply Chain, Digital, or other related field
• Certified Professional in Supply Management preferred
• Excellent analytical, problem-solving and time-management skills