Senior Sourcing Specialist

Role Overview

• Develop and enhance category management through strategic analysis of assigned categories.
• Identify and anticipate Business Unit demand and needs, issues, and cost reduction opportunities.
• Create and understand SWOT analysis for each assigned category, spend identification, and total cost of ownership.
• Identify and assess short
• and long-term risks.
• Ensure alignment with internal SME parties to ensure risk is controlled through collaboration with the Legal, Security, Tax, and Credit departments when necessary.
• Maintain knowledge of commodities, sources of supply, corporate responsibility opportunities, industry leading practices, and market conditions that may impact future procurement.
• Utilize procurement tool and grid/relays for documentation/retention of category plans.
• Alongside key Business Units partners and cross functional teams, develops sourcing strategies for complex, high­ value materials, equipment or services including the execution of regional and/or enterprise-wide initiatives.
• Create strategies and utilizes supply chain processes to lead competitive bidding processes, lead the objective criteria based bid evaluation with a cross-functional group, recommend award to Supply Chain and Business Unit Leadership, develop appropriate terms and conditions, negotiate strategic contracts, integrate contracts with internal systems, and manage ongoing supplier/contract management and day-to-day support when issues arise (such as mismatches billing or shipment issues).
• Utilizes data-driven decision making to implement effective strategic sourcing strategies, thus enabling better terms with suppliers and identification of cost-saving opportunities.
• Develops “should cost models” that will calculate an estimated price by researching all material costs, labor costs, overhead costs, and profit margins that would apply to sourced products and services.
• Performs analysis of historical spending patterns, pricing fluctuations, and market trends and indices.
• Calculates impacts to net working capital and uses outcomes to impact deal structure.
• Negotiates with middle, but primarily, upper-level management of suppliers and manufacturers.
• Demonstrates proficient understanding of Duke Energy contractual terms and conditions.
• Drives cost avoidance and cost savings through supplier negotiations and/or the identification and implementation of process efficiencies.
• Effectively communicates with the Business Unit and other executive leadership and committees (e.g., TRC) on risks related to the transaction and provides potential opportunities for risk mitigation.
• Reviews financial statements (income statement and balance sheet) to determine the financial viability of prospective suppliers.
• Identifies risks in contractual terms and conditions and deal structures and communicates to business unit partners appropriately.
• Applies knowledge, redlines, and negotiates complex legal issues, commercial business, and sourcing expertise to lead the delivery of favorable contractual outcomes.
• Ensures compliance with all IRA and associated PW requirements and ensure all contracts and POs contain the applicable federal requirements.
• Manages and enforces supplier compliance to the IRA and PW requirements in their contracts and POs.
• Employee takes both tactical and strategic action internally with the BU and engineering as well as externally with suppliers to remedy Nuclear Condition Reports (NCRs) as well as satisfy the monthly Nuclear Sourcing Performance Metrics including the 7-day Late Report; Overage, Shortage, Damaged, & Discrepant (OSDD) Report; Min/Max Report; PRs Not on PO, CRs Not on Contract.

Requirements

• Bachelor's Degree AND five (5) years related work experience
• In lieu of Bachelor's Degree and five (5) years of related work experience; High School Degree/GED AND nine (9) years of related work experience
• Certified Purchasing Manager and/or Certified Professional in Supply Management
• Graduate Degree
• C.P.M. (Certified Purchasing Manager), CPSM (Certified Professional in Supply Management) certification, or CSCP (Certified Supply Chain Professional)
• Demonstrated business and financial expertise
• Excellent negotiating skills
• Contract management skills
• Strong planning/organizational skills
• Strong problem solving/analytical skills
• Excellent oral and written communication skills
• Demonstrated ability to work independently
• Strong interpersonal skills
• Cost and financial analysis skills
• Good business acumen
• Strong working knowledge of electric utility plant operations
• Previous sourcing & contracting experience
• Good project management experience
• Demonstrated interpersonal, leadership and team building skills
• Experience with e-sourcing tools (Wood McKenzie, formerly PowerAdvocate) and ERP systems (NAS, Maximo)
• Demonstrated knowledge of Nuclear Operations, NQA-1 Standards, 10 CFR Part 21 and 10 CFR Par 50 Appendix B Programs.
• Strategic Sourcing experience in leading large (>$25M) sourcing initiatives
• Experience in managing high value and strategic supplier relationships.
• Demonstrated interpersonal, leadership, team building including frequent interface with cross functional teams and executive management.

Tech Stack

• ERP

Benefits

• friendly work environment
• opportunities for growth and development
• recognition for your work
• competitive pay and benefits