Strategic Sourcing Specialist II
hace 2 meses
Job Summary:
This position plays a pivotal role in the development and implementation of strategic sourcing initiatives. Responsibilities include executing spot buys, sourcing events, and related activities for multiple categories.
Key Responsibilities:
- Spearhead strategic and tactical sourcing activities with spend up to $10M
- Develop negotiation strategies and secure optimal terms for assigned spend categories
- Conduct research on potential vendors, create and execute RFPs for spend between $100-$10M
- Collaborate with stakeholders to ensure clear requirements documentation is translated to RFPs and contracts as necessary
- Perform cost and scenario analysis, and benchmarking to inform sourcing decisions
- Negotiate contract terms of agreement and pricing, delivering and recording annual P&L savings
- Support projects assigned for various sourcing activities
- Track and report key functional metrics to reduce expenses and improve effectiveness
Functional & Technical Skills:
- Strong expertise in sourcing process, supplier management, contract negotiations, and procure to pay operations
- Experience with ERP systems, spend analytics, eSourcing, and contract management systems required
- Excellent category-specific sourcing and category management skills in key portfolios of spend in Direct (e.g., Electrical, Mechanical, Packaging or Chemicals)
- In-depth understanding of multi-step strategic sourcing processes and strategies
- Experience negotiating agreements/contracts with suppliers
- Understanding of procurement processes, tools, and best practices
Leadership & Behavioral:
- Agility and flexibility to develop expertise across sourcing categories in areas complementary to the existing team
- Desire to grow and develop as a sourcing specialist and develop category expertise across Direct categories (e.g., Electrical, Mechanical, electromechanical)
- Thrive in an entrepreneurial environment - a self-starter who looks for ways to improve existing processes
- Strong customer service orientation, keen to deliver on internal customer needs
- Independent worker with the ability to track and manage own deadlines
- Ability to gather, interpret, and analyze data to inform sourcing decisions
- Desire to mentor and coach junior team members
Experience & Qualification:
- Proven working experience as a purchasing manager, agent, or officer
- 2+ years of purchasing experience/negotiations
- Degree in business administration, engineering, supply chain management, or a related field
English proficiency
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