Sr Strategic Sourcing Specialist

Solstice Advanced Materials, Inc.

$92K — $116K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of strategic sourcing experience
  • 2+ years in indirect procurement at a multinational corporation
  • Familiarity with procurement best practices such as category management and benchmarking
  • Strong negotiation skills with a history of strategic negotiation execution
  • Understanding of commercial agreement structures and key legal terms
  • Ability to meet financial performance targets
  • Experience in a large, global, matrixed organization

Responsibilities

  • Develop commodity strategies considering quality, cost, service, and market conditions
  • Collaborate with Buying Operations Team and stakeholders to align on category strategies
  • Consolidate global spend and reduce non-strategic suppliers
  • Implement annual plans for productivity enhancements and supply continuity
  • Negotiate supply agreements that align with global commodity strategies

Benefits

  • Employer-subsidized Medical, Dental, and Vision Insurance
  • Life Insurance
  • Short-Term and Long-Term Disability
  • 401(k) match
  • Flexible Spending Accounts and Health Savings Accounts
  • Educational Assistance
  • Parental Leave and Paid Time Off
  • 12 Paid Holidays
Full Job Description
Job Description

As a Sr Strategic Sourcing Specialist here at Solstice Advanced Materials, you will be a part of the Corporate Indirect Procurement Operating Supplies Category Strategy Team (CST), responsible for category strategies, execution, and results to optimize total cost of ownership across all regions.

This is a hybrid role and can be located in Geismar, LA or Houston TX.

KEY RESPONSIBILITIES
  • Develop robust commodity strategies for the Indirect Category Strategy Team and with consideration to quality, cost, speed and service requirements, market conditions, risks and exposures, competitive landscape, and projected changes over the strategic planning horizon, global industry trends, suppliers' capabilities, and overall supply chain expertise
  • Partner with Buying Operations Team and cross-functional stakeholders to ensure alignment and support of category strategy creation and execution. Facilitate engagement across all regions to drive a singular approach to supplier management in assigned commodity space
  • Consolidate fragmented global spend, reduce the use of non-strategic suppliers, and move the procurement activities upstream in the lifecycle of a solution in order to bring greater value to Solstice
  • Execute the annual operating plan through year-over-year improvements in productivity, working capital, quality, delivery and supply continuity
  • Negotiate and execute supply agreements with strategic suppliers capable of providing solutions that meet established business requirements and follow the global commodity strategies while maximizing benefit to Solstice


Qualifications

YOU MUST HAVE
  • Minimum of 3 years of relevant strategic sourcing experience
  • Minimum of 2 years in an indirect procurement function at a multinational corporation with global contracts
  • Experience in best-in-class procurement practices (category management, benchmarking, should-cost models, RFX, reverse auction, contracting, etc.)


WE VALUE
  • Bachelor's degree
  • Negotiation skills with proven experience in setting negotiation strategies and conducting negotiations
  • Knowledge of the basic types of commercial agreement structures and the function and purpose of key legal terms
  • Ability to deliver against targets for financial performance business impact
  • Experience assessing risk and concisely explaining complex issues to principal business owners
  • Experience working in a large, global, highly matrixed organization


US PERSON REQUIREMENT

Due to compliance with U.S. export control laws and regulations, candidate must be a U.S. person, which is defined as, a U.S. citizen, a U.S. permanent resident, or have protected status in the U.S. under asylum or refugee status.

COMPENSATION

The annual base salary for this position is $92,889-$116,169. Please note that this salary information serves as a general guideline. Solstice considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.

BENEFITS OF WORKING FOR SOLSTICE ADVANCED MATERIALS

In addition to a competitive salary, leading-edge work, and developing solutions side-by-side with dedicated experts in their fields, Solstice Advanced Materials employees are eligible for a comprehensive benefits package. This package includes employer-subsidized Medical, Dental, Vision, and Life Insurance; Short-Term and Long-Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays.

Similar Jobs

More Jobs at Solstice Advanced Materials, Inc.

More Business Services Jobs

Find similar Sr Strategic Sourcing Specialist jobs: