SPS-Sourcing-Sr Cons I
- Career Level
- Not Specified
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With leadership direction, a Sourcing Senior Consultant I sources and manages a combination of assignments and commodities/categories of moderate complexity and risk in support of Sourcing & Procurement Solutions (SPS) objectives. The position will have responsibility for a variety of Indirect spend categories, including Business Process Outsourcing (BPO), Call Centers, Third Party Administrators (TPA's), Facilities, and Professional Services. This role consults with clients by coordinating sourcing/project teams and advisory boards. This role utilizes the Strategic Sourcing Methodology to deliver procurement value which enables clients to deliver on their commitments. This role assists in recommending and developing policies, procedures and reports to govern internal usage of medium complexity spend categories, and drafts communications, compliance/usage reports, memos, presentation materials, and demand management policy/guidelines in support of assigned commodities/assignments.
For assigned category, projects, or business clients, responsibilities may include:
Sourcing & Category Management
- Proactively assess sourcing and category opportunities by gathering spend information, company purchasing patterns, competitive position, structured analysis of supplier/category industry, economics, market conditions, and expiring contracts.
- Collaborate with clients to understand their business needs and objectives and establish requirements.
- Partner with others to establish sourcing strategies which include evaluation of sourcing alternatives, identifying the sourcing approach, and establishing project plan / timeline to deliver an effective sourcing solution.
- Help execute sourcing strategies for key projects which includes ability to create and utilize the most appropriate sourcing tools / templates, align business client needs, identify supply alternatives (inclusive of diverse suppliers), effectively communicate with suppliers, and influence cross functional teams / advisory groups.
- Develop supplier selection criteria and gain client alignment; facilitate cross functional teams to evaluate supplier responses to select finalists (participate if appropriate) and effectively communicate the impact of sourcing decisions to involved clients, management, impacted employees and suppliers, as appropriate.
- Negotiate contract terms and perform all aspects of the contract process:
- Gather and/or jointly develop and document client requirements.
- Establish and execute a negotiation strategy.
- Conduct contract and price negotiations with supplier.
- Collaborate and communicate with Information Security, Legal, Privacy, Risk Management, Treasury, and internal client throughout the contracting process to develop and document final terms and conditions that comply with requirements.
- Execute all contracts in the contract repository.
- Develop and execute an overarching category strategy and plan for applicable categories.
- Perform Supplier Performance Management (SPM) for assigned commodities including contract inventory, segmentation, risk assessments, contingency planning and validation of right pricing.
Assist in the creation and implementation of a SPM plan and internal compliance standards and measurements.
- Bachelors degree in business, supply chain, or related field
- MBA a plus
- CPM, CPSM and/or CPCU designation preferred
- 5-10 (or more) years of experience in sourcing and procurement or equivalent
- Demonstrated knowledge and experience in assigned category areas preferred
- Experience contracting with foreign/international suppliers preferred (e.g. India)
- Intermediate knowledge of procurement techniques and principles
- Sourcing process, negotiations, contracting, supplier management, supplier diversity, industry/trend analysis, metrics/measurement, etc.
- Procurement tools (i.e., financial reporting tools, contract management tool, reverse auctions, etc.)
- Knowledge of assigned commodity industry / marketplace
- Sourcing for moderate complexity commodities/categories
- Experience with RFP development and execution
- Negotiations experience
- Effective communication and interpersonal skills, to interact independently with both internal customers and external suppliers at all staff levels
- Project management and organizational skills
- Ability to prioritize projects and review with management
- Analytical capabilities, including cost models
- Ability to assist with issue analysis, solution development, and conflict resolution
- Customer focus
- Ability to influence actions/decisions of customers and suppliers
- With management direction, ability to formulate strategies and approaches to achieve project objectives
- Proficient in Microsoft Office Suite (e.g. Word, PowerPoint, Excel)
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
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