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Strategic Sourcing Specialist

  • LocationWaltham, MA 02451 - United States
  • Work TypeContract/Temp
  • Positions2 Positions
  • Job no: 55541NGGJP00007436
  • Category: Engineering

Our multinational electricity and gas utility company is looking to hire Strategic Sourcing Specialist. This is a contract opportunity in Waltham, MA for the duration of 6 months.

Overview:

The Strategic Sourcing Specialist, will be responsible for developing, executing, and implementing effective procurement strategies across the energy efficiency and marketing service categories. The role is part of client Global Procurement function. The roles and responsibilities of the candidate include, but are not limited to:

·      Liaising with key stakeholders to understand and support their objectives and service needs

·      Performing all procurement activities including pre-qualification, tender management, negotiations, and implementation of service agreements

·      Monitoring market trends, strategies, and supply base

·      Creation and implementation of category strategies

·      Identifying areas of opportunity for continuous improvement

·      Ensuring compliance to company policies and procedures

·      The ideal candidate has strong analytical capability, able to manage time effectively and prioritize multiple initiatives at once, communicates appropriately, and can influence customers and suppliers at all levels. You will be collaborative, but also work with significant autonomy. The following qualities are required to be successful in this role: ability to think strategically and globally; exhibits curiosity and learning drive; has a sense of urgency to meet customer timelines, can succeed in a fast-paced environment; and has a high level of customer focus and business judgement.

Key Accountabilities

Category Management

·      With support of the Category Manager, work with Stakeholders to establish clear business needs, apply forward thinking skills to establish flexible long-term category strategies with value options & clear supplier performance criteria.

·      Partner effectively with stakeholders to become a trusted business partner.

·      Provide strategic direction, communicate goals, practices, and processes of the Global Sourcing organization with respective business partners.

·      Able to execute complex sourcing activities implementing more than one option: RFX, e-sourcing and reverse auctions.

·      Analyze forecast trends and track category savings targets in support of Procurement and category team commitment and goals.

·      Evaluate and apply the concept of total cost of ownership (TCO) and switching costs to support decision making.

Commercial Negotiation

·      Solid understanding of contractual terms & conditions and able to craft structured agreements with legal and stakeholder input.

·      Establish structured negotiation plans with clarity of desired outcomes, leveraging stakeholder input and support where appropriate.

·      Understanding of supplier’s position, desired outcomes, and leverage points.

Supplier Relationship Management

·      Identifies critical suppliers and creates appropriate engagement plans to ensure our Supply Chain risk profile and inputs to continuous improvement are proactively managed

·      Demonstrates a collaborative approach with supply base and develops integrated plans to drive appropriate value for business and customer requirements

·      Builds appropriate supplier performance measurements (KPIs) into contractual frameworks

Systems and Analytics

Ability to adapt to different ERP systems such as SAP, Tableau, Ariba, Spend Analytics

Understands how to analyze large data sets and extract information for strategic decision making

Qualifications

·      Bachelor’s degree required; in supply chain, finance or business management preferred.

·      Preferred three years’ experience in strategic sourcing, contract negotiations, and vendor management.

·      Strong interpersonal skills, specifically working cross-functionally to support critical business objectives at all levels of the company.

·      Working knowledge of ERP systems

·      An equivalent combination of education and extensive subject matter expertise along with procurement experience may be accepted as a satisfactory substitute for the specific education requirements listed above.

#EWEMI

#MON