Job Title: Strategic Sourcing Specialist Corporate Services Job ID: 26-02548 Location: Philadelphia, Jersey City or Whitehouse Station Duration: 6 months on W2 contract
Job Schedule-Hybrid-in office four days per week/WFH 1 flexible on days
Job Hours-9:00am - 5:00pm EST
Interview process-2 interviews, possible 3- Intv 1 with HM, Intv 2 with supervisor
Job Description:
Position Overview:
- This position is an individual contributor role within the Strategic Sourcing group of the Global Procurement team, supporting Corporate Services sourcing events.
- The role works closely with internal stakeholders and Procurement leadership to execute Corporate Services Strategic Sourcing projects globally.
- The successful candidate will proactively engage with stakeholders to support strategic priorities, drive business objectives, and expense reduction initiatives, as well as provide consultative support to resolve business challenges.
- The role will also conduct data analysis to support strategic decision making. The Strategic Sourcing Specialist will support the development and execution of sourcing strategies with a focus on optimizing spend, mitigating risk, maximizing savings, and assuring quality and delivery of products and services to Client .
- The ideal candidate will demonstrate strong negotiation skills and extensive experience in strategic sourcing, translating expertise into cost savings and competitive advantage.
- This position reports to the AVP, Corporate Services Strategic Sourcing.
Primary Responsibilities
- Execute the full sourcing cycle for assigned projects, including vendor identification and selection, price negotiation, and contract red-lining in collaboration with Legal counterparts for MSA s, Schedules, SOW s, etc.
- Develop and maintain a pipeline of strategic sourcing opportunities through the introduction of a competitive marketplace, demand management, supplier consolidation, and process reengineering.
- Independently manage high-value sourcing engagements of varying spend, risk, and complexity across categories such as Management Consulting, Temporary Labor, Business Outsourcing, Real Estate, Facilities and SecurityServices, and others.
- Coordinate with business clients to agree on approach and schedule for sourcing projects and related contract negotiations.
- Communicate regularly with key business stakeholders regarding project approach, scope, key issues, status, business requirements, and relevant dependencies.
- Assess savings opportunities on all engagements and work with clients to achieve optimal cost reductions/savings as appropriate.
Additional Responsibilities
- Evaluate sourcing procedures and present improvement strategies to senior management for approval.
- Analyze and calculate procurement costs and develop cost reduction strategies.
- Support purchasing decisions based on cost and scenario analysis, as well as market trends.
- Negotiate contracts with key suppliers, including costs and terms of supply, service, and quality.
- Collaborate with the procurement department to identify and pursue new supplier opportunities.
- Conduct market research and create cost estimates and forecasts.
- Estimate risks and apply risk-minimizing techniques, ensuring contracts comply with industry regulations.
- Maintain strategic sourcing relationships and develop strong partnerships.
Qualifications
- Bachelor s degree in business, economics, finance, logistics, or a related field.
- Minimum of 7 years procurement experience in a related industry.
- Excellent organizational and time management skills.
- Strong process analysis and analytical skills, including the ability to use data to drive decision making.
- Strong problem-solving and troubleshooting skills with the ability to exercise mature judgment.
- Proven ability to influence stakeholders and drive groups with divergent opinions toward effective, collaborative decisions.
- Strong supplier relationship and conflict management skills.
- Strong oral and written communications and influencing skills.
- Ability to effectively summarize program status and create PowerPoint presentations for executive audiences.
- Able to navigate a global matrixed organization, influence stakeholders, and affect outcomes with limited direct authority.
- Ability to think outside the box, multi-task, and work well under pressure to identify issues and resolve them in partnership with business leaders.