Strategic Sourcing Specialist, Commercial Services

Strategic Sourcing Specialist – Commercial Services Position Overview: We are seeking a Strategic Sourcing Specialist to support procurement initiatives across Commercial Services and other indirect spend categories for our biopharmaceutical client. This role will focus on sourcing phone and telecommunications services, professional services, and other business-related services. The ideal candidate has hands‑on experience coordinating sourcing projects, managing competitive procurement events, evaluating supplier proposals, analyzing pricing, and supporting contract negotiations. This individual will work closely with category managers, suppliers, and internal business partners to identify sourcing opportunities, evaluate supplier solutions, and support cost‑effective procurement decisions. This is an individual contributor role with a strong emphasis on sourcing execution, supplier engagement, and analytical support throughout the procurement lifecycle. Key Responsibilities: Strategic Sourcing & Procurement Support sourcing initiatives across indirect procurement categories, with an emphasis on telecommunications, phone services, professional services, and commercial services. Research markets and identify potential suppliers, industry trends, and sourcing opportunities. Evaluate supplier capabilities, service offerings, pricing structures, and commercial terms. Support supplier selection, negotiations, contract development, and procurement recommendations. Coordinate sourcing projects from initial requirements through supplier selection and contract execution. RFP & Competitive Sourcing Coordinate Requests for Information (RFIs), Requests for Proposals (RFPs), and Requests for Quotations (RFQs). Prepare and distribute sourcing documentation, including Confidential Disclosure Agreements (CDAs). Manage supplier communications and coordinate questions throughout the sourcing process. Develop supplier evaluation scorecards and organize proposal reviews. Analyze supplier proposals, pricing, bids, and commercial terms to support sourcing decisions. Coordinate supplier presentations and evaluation meetings. Prepare sourcing summaries, pricing comparisons, and recommendations for internal stakeholders. Analytics & Reporting Conduct spend analysis, pricing comparisons, and market research to identify opportunities for cost savings and improved supplier value. Analyze supplier proposals and commercial data to support procurement decisions. Develop and maintain sourcing reports, dashboards, scorecards, and project metrics. Track sourcing activities, savings opportunities, and procurement project progress. Partner with internal stakeholders and procurement teams to understand business needs and sourcing requirements. Coordinate supplier engagement and maintain effective vendor relationships. Schedule and facilitate supplier meetings, presentations, and evaluation sessions. Maintain accurate sourcing documentation, supplier records, and procurement files. Ensure sourcing activities follow established procurement policies, procedures, and governance requirements. Required Qualifications Bachelor's degree in Business, Supply Chain, Finance, Economics, or a related field. 3–5 years of experience in strategic sourcing, procurement, purchasing, or supplier management. Hands‑on indirect procurement experience, specifically sourcing phone/telecommunications services and/or professional services. Experience coordinating competitive sourcing events, including RFPs, RFIs, and RFQs. Experience evaluating supplier proposals, analyzing pricing, and comparing commercial terms. Strong Excel and PowerPoint skills, including experience working with procurement data and reporting. Excellent communication, organization, analytical, and project coordination skills. Ability to manage multiple sourcing activities and work collaboratively with cross‑functional stakeholders. Preferred Qualifications Experience with commercial services, telecommunications, wireless, or professional services procurement. Experience supporting contract negotiations and supplier selection. Familiarity with spend analysis, supplier scorecards, and procurement reporting. Procurement certifications such as CPSM, CPM, or CIPS. #J-18808-Ljbffr Intepros