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Strategic Sourcing Specialist I-US
Ref No.: 18-17388
Location: Waltham, Massachusetts
We are currently looking for highly motivated individual who want to join a dynamic and fast paced organization going through a major transformation. If you are someone who's looking to bring innovation, contribute ideas and play a part in renewing the global procurement organization we want to hear from you! JOB SUMMARY: Strategic Sourcing Specialist The Strategic Sourcing Specialist is responsible for supporting sourcing activities for Facilities Management and Corporate Services in MA, NY, and RI. Experience should include; category management, supplier relationship management, commercial negotiations, procurement process management and improvement, systems and analytics, market supplier development and a clear, working knowledge of current industry trends. ESSENTIAL DUTIES AND RESPONSIBILITIES: Category Management • Solid understanding of supplier markets, complexities, and has an overall pertinent vision of procurement needs and practices • Manages and administers contracts for corporate services/indirect spend across the organization • Maintains policies and systems and provides analysis regarding corporate services and indirect spend • With support of the Category Manager, work with Stakeholders to establish clear business needs, apply forward thinking skills to set long term category strategies • Able to execute operationally, complex sourcing activities • Manage the delivery of savings targets • Mastery of transactional sourcing activities • Understands sourcing processes, able to implement more than one option: RFX, e-sourcing or pooling Supplier Relationship Management • Actively focused on maximizing contract values, tracks and reviews its benefits • Encourages and rewards performance by suppliers • Holds suppliers to account for delivery using performance data and strategic business reviews (SBRs) • Demonstrates a collaborative approach in delivering business outcomes • Understands the broad range of environmental and social sustainability reporting Commercial Negotiation • Solid understanding of most contract terms and able to craft terms with legal and management support • Establishes a negotiation plan with clarity of desired outcomes, leveraging specialist support where appropriate • Basic understanding of adversary's position, desired outcomes, and leverage • Able to involve stakeholders in negotiation preparations and events • Successful completion of professional negotiation coursework • 7-Step Sourcing Process knowledge Procurement Process Management and Improvement • Able to identify the appropriate supplier performance measurements (KPIs) • Identify ways to build and improve on existing processes • Typically improve process efficiency by 5-10% over a 6-12 month period • Six Sigma Green Belt or PEx equivalent Systems and Analytics • Demonstrates ability in working with multiple ERP systems: SAP, Oracle, Spend Analytics • Understands how to analyze large data sets and extract valuable information • Able to build quantitative models and support decision making • Evaluate and apply the concept of total cost of ownership (TCO) Market and Supplier Development • Solid understanding of criteria for alternative country sourcing • Able to proactively identify how business needs may be met through alternative country sourcing • Basic understanding of supplier landscape, risks, and benefits in 1-2 global markets • Solid category strategy understanding and the ability to develop your own strategy Qualifications Education: Bachelor's degree (B.A or B.S.) in supply chain, IT, finance or business management required. C.P.M or equivalent certifications preferred. MBA, MS preferred. Experience: Minimum of five (5) years' experience in strategic sourcing, contract negotiations and vendor management. Strong working knowledge of SAP, Oracle, Ariba & P2P systems required.