Sourcing Specialist

January 4, 2022

The Strategic Sourcing Analyst collects, evaluates and analyzes supplier data to support the vendor governance process including; supplier outreach, scorecard development and meeting facilitation, spend/market analysis, RFX development and execution, contract negotiation support and documentation.

PRIMARY JOB RESPONSIBILITIES:

  • Draft, review and negotiate a variety of commercial contracts, including software license and service agreements, statements of work and vendor agreements for professional services
  • Collaborate cross-functionally to meet procurement needs
  • Assist in the maintenance of a contract management system
  • Develops and maintains Vendor Management process documentation.
  • Develops and publishes supplier communications to suppliers and the internal community.
  • Maintain vendor database, supports KPI development and tracking.
  • Prepare organizational, industry and supplier market outlooks.
  • Understands and tracks performance of organization’s spend, supplier market, costs and tiers of suppliers.
  • Collects and evaluates information about potential suppliers including reference checks, financial review, evaluating risks, and other business data as required.
  • Working with Category Managers, develops quarterly business review packages; participate in supplier meetings.
  • Actively assists with vendor reviews and dispute resolutions including vendor issue log tracking and facilitating issue closure.
  • Analyzes information and evaluates results to develop best solution.
  • Create and manage execution of RFXs and auctions, including post event evaluation.
  • Uses analytic techniques to support vendor evaluations.
  • Continuously evaluate purchasing programs and vendors to identify opportunities for improvement and streamlining.
  • Ability to negotiate contracts under direction of Category Manager.
  • Supports teams by assisting with various departmental initiatives and projects.
  • Other duties as needed or required.
  • Required to attend additional training as requested/deemed necessary

Qualifications

  • Bachelor’s Degree or higher.
  • 5 years’ experience in strategic sourcing or strategic purchasing organization.
  • Strong ability to read/interpret and write/complete/produce documents.
  • Demonstrated experience in facilitating meetings.
  • Successful experience in purchasing high-volume purchases in an interactive team environment.
  • Strong experience in Microsoft Office Suite (Excel, PowerPoint, Word).
  • Strong written, verbal, and negotiation skills.
  • Strong analytical and critical thinking skills.

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