Strategic Sourcing Specialist I

Strategic Sourcing Specialist I
US - MA - Waltham

Overview:
  • Strategic Sourcing Specialist I in Waltham, MA
  • 6 month contract
  • Responsible for supporting the client’s sourcing activities for Electric Construction. 
  • 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. 
Responsibilities:
Category Management 
  • 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 quarterly business reviews (QBRs) 
  • 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 
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 
  • Obtain 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 
Requirements:
  • Bachelor’s degree (B.A or B.S.) in supply chain, finance or business management required. C.P. M or equivalent certifications preferred. MBA, MS preferred. 
  • Minimum of five years’ experience in strategic sourcing, contract negotiations and vendor management. Strong working knowledge of SAP, Oracle, Ariba & P2P systems required. 
  • An equivalent combination of education and extensive subject matter expertise along with procurement process experience may be accepted as a satisfactory substitute for the specific education requirements listed above. 
  • The candidate must have strong interpersonal skills, specifically in communications across a multi-national organization. Additionally, the candidate should be proficient in planning, collaboration, and analysis. 

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