Job DescriptionPurpose:
The Senior Sourcing Specialist is responsible for executing source-to-contract procurement processes in alignment with business goals and industry best practices, ensuring compliance with procurement policies, and contributing to supplier diversity and sustainability. This role plays an essential part in executing supplier management activities, implementing continuous improvement projects, and driving day-to-day supplier excellence.
Responsibilities:
• Partner with Procurement Manager, Category Manager and Associate Directors to execute Indirect Capital subcategory-specific procurement strategies.
• Implement and monitor effectiveness of strategies for the relevant category, ensuring alignment with overall business goals.
• Report on supplier process and operational health, informing Category Leaders to enable strategic decision-making, incorporating industry trends, emerging technologies, and market dynamics.
• Monitor initiatives to drive value with category suppliers, tracking cost savings and enhancing overall procurement value.
• Enable sustainability and environmental, social, and governance (ESG) measures, working alongside suppliers to enhance sustainable and responsible sourcing practices.
• Execute Supplier Relationship Management (SRM) strategies, managing relationships with category suppliers and collaborating to enact creative and cutting-edge solutions that deliver on long-term business needs.
• Implement mitigation strategies to proactively manage procurement risk across the relevant category, maintaining process and policy compliance.
• Ensure effective project management from initiation to completion, collaborating with cross-functional teams to deliver strategic category-related projects. Assist category leaders with opportunities for process optimization and efficiency gains, executing continuous improvement programs that achieve strategic objectives.
• Assist with the end-to-end procurement process from sourcing strategy to contract negotiation and execution, enabling negotiations with category suppliers and facilitating decisions by developing the required analysis and gathering relevant data.
• Develop own capabilities and accumulates category expertise in accordance with individual learning path. Actively enable team goals, ensuring performance targets and objectives are delivered successfully.
Qualifications- Bachelor's degree in Business Administration, Supply Chain Mgmt or related field. In lieu of degree, equivalent, relevant years of experience may suffice.
- Experience with capital expenditure (capex) projects or processes, including developing, evaluating, or managing RFP for Capital projects i.e. Construction, Production & Process Equipment etc., is preferred.
- Minimum of 5 years of experience in procurement, supply chain, or related business or operations function.
- Previous experience in category management, contract negotiation, and supplier relationship management.
- Strong proficiency in Microsoft Office suite (Power Platform).
- Fast learner comfortable navigating across a range of industries and sectors.
- High cross-functional collaboration abilities and teamwork skills, effectively navigating and coordinating diverse team dynamics.
- Strong interpersonal skills and emotional intelligence, facilitating empathetic interactions, effective communication, and robust relationship-building across a matrixed organization.
- Impactful executive functioning abilities and autonomous work ethic, maintaining efficient performance in challenging situations and building consensus in decision-making.
Key Stakeholders:
Business Leads, Business Partners, Category Leads, Procurement Leads/Managers, Procurement Strategy & Capabilities Office
Additional InformationApplicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
- The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at thetime of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographiclocation, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
- We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
- This job is eligible to participate in our short-term incentive programs.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability ofany bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company'ssole and absolute discretion unless and until paid and may be modified at the Company's sole and absolute discretion, consistent with applicable law.
