Job TG424: Senior Sourcing Specialist
Highlights of Senior Sourcing Specialist Position
The Senior Sourcing Specialist will be responsible for evaluating and profiling purchases and in establishing a sourcing plan based on top suppliers and top spend categories. This plan will drive competitive pricing and terms and a sourcing process that is consistent with Client procurement policies and best practices.
Senior Sourcing Specialist performance will be based on progress against plan – cost reduction achieved, spend influenced in region, compliance to Corporate procurement policies and controls, and his/her ability to establish and maintain positive and credible relationships with key stakeholders in Operations, Finance and Facilities to ensure their participation in sourcing and procurement activities.
Essential Duties
- Research, analyze, evaluate, and make decisions regarding procurement processes, policies, and strategies
- Assess strategic importance of commodity category and redefine plans accordingly
- Determine sourcing options and supply alternatives.
- Lead structured analysis of supplier industry, economics, and market conditions
- Identify and qualify supply alternatives
- Evaluate purchasing patterns and forecast trends
- Review and approve vendor selection criteria
- Evaluate vendor responses and select finalists
- Communication and Stakeholder Management:
- Lead and/or generate Request for Proposal materials, and communicate to vendors
- Articulate Client procurement policies and standards. Encourage and enforce compliance
- Effectively communicate the impact of sourcing decisions to management and employees as appropriate. Actively enroll their support
- Maintain contact with chosen vendors
- Interview and negotiate with potential and chosen vendors
- Develop and coordinate sourcing activities:
- Conduct Request for Information (RFI) and RFP processes
- Determine the decision criteria
- Approve vendor choice
- Coordinate and control cost:
- Oversee the sourcing process to select and maintain vendors that provide maximum value
- Appropriately escalate non-compliance situations
- Produce plan updates and other tools to help others plan for cost containment
- Participate in additional projects as needed or directed by management
Qualifications and/or Requirements
- BA/BS or equivalent experience
- 5+ years in purchasing/procurement environment.
- Experience leading negotiations and contracting for various types of goods and services, including office supplies, copiers, site specific facility contracts, supplemental staffing, professional services and other indirect categories
- Proven ability to manage multiple, concurrent projects and teams
- Excellent communication skills, including the ability to organize and communicate for written and oral presentations to various organizational levels and supplier audiences