Procurement/Sourcing Specialist III

Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Job Summary
This position plays an integral part in developing and implementing sourcing strategies for the buying desk. Responsible for implementing spot buys, sourcing events, and projects related activities for the multiple categories.

Key Responsibilities
• Lead strategic and tactical sourcing activities

• Run contract lifecycle process (including uploading contracts, developing standard templates, and monitoring/tracking expiry)
• Craft negotiation strategies and close deals with efficient terms for assigned spend categories
• Research potential vendors, develop and implement RFP for spend between $100-$2.5 M

• Partner with customers to ensure clear requirement's documentation is translated to RFP and contracts as appropriate
• Perform cost and scenario analysis, and benchmarking to advise sourcing decisions
• Negotiate contract terms of agreement and pricing delivering and record annual P&L savings
• Support projects assigned for various sourcing activities
• Track and report key functional metrics to reduce expenses and improve efficiency
Functional & technical skills
• Sourcing authority - strong experience with 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., Biochemical, Packaging, or Chemicals)
• Expert understanding of multi-step strategic sourcing processes and strategies
• Experience negotiating agreements/contracts with suppliers.
• Understanding of procurement processes, tools, and standard methodologies

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 portfolios (e.g., Electrical, Mechanical, Packaging or Chemicals)
• 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 handle own deadlines
• Ability to gather, interpret, and analyze data to inform sourcing decisions.
• Analytical problem solver who makes decisions using data and insights - will need to prepare an analysis to develop sourcing strategy/scenarios / savings desire to mentor and coach junior team members

Experience & Qualification
• 5+ years of procurement experience within Direct categories (e.g., Biochemical, Packaging or Chemicals)
• Shown working experience as a buyer, senior buyer, purchasing specialist agent, or officer.
• Must have a degree in supply chain management, operations, or business administration
• High level of English language proficiency (verbal and written)