Strategic Sourcing Specialist

Strategic Sourcing Specialist

Hybrid (3 days a week onsite) | 3-6 months temp.

In this role you will be responsible for providing full-service enterprise strategic sourcing and vendor management services as well as drive operational efficiency with the strategic sourcing process by implementing tools and procedures to streamline the strategic sourcing process and support strategic enterprise initiatives. This position will manage relationships with team members and ensure the best value is achieved through the strategic sourcing process.

Strategic Sourcing Specialist Responsibilities:

• Executes on organizational goals and strategic plans for the PVMS Department.
• Leads the execution of initiatives for the PVMS department that support the strategic sourcing goals of the organization.
• Manages the ongoing planning and monitoring of department projects focused on
• efficiency, innovation, risk reduction and cost savings.
• Plans and executes strategic sourcing, contract negotiations and vendor management activities and operations in compliance with corporate policies,
• applicable law, and effective cost management principles.
• Fosters collaborative relationships with internal stakeholders involved in
• procurement programs.
• Fosters effective procurement infrastructure and leads continuous improvement to
• ensure alignment with company initiatives.
• Develops an understanding of the needs of assigned business stakeholders to
• generate creative solutions and persuasive arguments that deliver effective and
• timely procurement results.
• Assists in the development and maintenance of policies, procedures, tools, and
• guidelines for the company.
• Trains and conveys value of RFx sourcing, and contract negotiation to team
• members and stakeholders to ensure standards for purchasing are met.
• Understands developing trends in the market through analysis and recommends
• continuous improvement processes/tools based to achieve targeted metrics for
• strategic sourcing, contract negotiation and vendor management success.
• Leverages data to engage and educate vendors and internal customers in the
• policies, tools, processes, and benefits of effective procurement partnerships.
• Prepares market analysis or data related to procurement, contracts, and vendor
• management as necessary. Designs and manages complex data sets and contract
• negotiation strategies.
• Performs complex procurement efforts and research necessary to implement cost
• savings initiatives for assigned commodities via development of category strategies
• reflecting market conditions.
• Uses logic and considerable independent judgment to analyze information and
• evaluate solutions, conclusions or approaches to execute negotiation strategies
• and tactics that will enhance company’s negotiation position and outcomes.
• Develops reporting metrics tracking and management, creates presentations of
• information and statistics on procurement operations.
• Manages procurement vendor communications and relationships.
• Manages relationships with current and prospective vendors, and other external
• constituencies involved in strategic sourcing efforts.
• Performs outreach to identify and foster potential relationships with diversity
• vendors.
• Demonstrates versatility in a constantly evolving environment.
• Serves as trusted advisor; uses influence to generate favorable positions and
• strategies for contract negotiations.
• Provides recommendations to leaders on vendors, best practices, negotiations, and
• other aspects of procurement based on assigned categories.
• Facilitates alignment and effective communication with internal and external
• stakeholders to drive optimal outcomes for the company.
• Mentors new team members within the PVMS Department.
• Provides strategic sourcing and contract negotiation mentorship and guidance to
• team members.
• Contributes to the performance management of the team directing discrete tasks.
• Acts as a resource for team members to answer questions and provide guidance
• related to complex problems.
• Ensures data quality, adherence to IT and compliance policies, and other riskrelated metrics for self and guides other members of the team on these items.

Strategic Sourcing Specialist Qualifications:

• Bachelor's degree required in Business, Economics, or related field, or equivalent combination of education and experience.
• 7+ years of related experience in procurement, contracting and strategic
• sourcing processes for several commodity areas required.
• 3+ years of experience in a role with complex vendor contract negotiations
• required.
• Experience managing the full life cycle of commodity procurement with
• sophisticated negotiating techniques.
• Experience in contracts negotiation across a variety of commodity categories.
• Insurance industry experience preferred.
• Experience with analytics and reporting, including proficiency with Coupa or similar procurement and sourcing platforms, to support sourcing, reporting, contracting, and procurement activities.
• 3+ years of experience in complex SaaS technology or cloud procurement.
• Strong knowledge of strategic sourcing and procurement principles and techniques.
• Experience effectively consulting with others, facilitating, and presenting technical information and demonstrated ability to influence others.
• Demonstrated experience with sophisticated negotiating techniques and
• developing solutions to issues in a timely manner.
• Demonstrated ability to leverage and continuously improve analytics, reporting, and procurement processes using Coupa or comparable tools in support of strategic sourcing and continuous improvement initiatives.
• Able to effectively facilitate meetings and create presentations.
• Excellent interpersonal and communication skills. Must be able to read, write and speak English effectively.
• Advanced proficiency with Microsoft Office applications including MS Power BI,
• Word, Visio, Excel, Project, and PowerPoint.
• Ability to respond to common inquiries or complaints from customers or vendors.
• Ability to accept new ideas and embrace change.
• Demonstrated organizational and time management skills.
• Must be capable of coordinating and organizing input from various channels,
• perform negotiation, resolve conflicts, and build consensus at all levels of the
• organization.
• Experience working with cross-functional teams and presenting to various
• audiences.
• Ability to read, analyze, and interpret common procurement related technical
• journals, financial reports, and/or legal documents.
• Ability to hypothesize on root cause of inefficiencies and then test out probable
• solutions against those hypotheses.
• Expertise in drafting, negotiating and managing contracts for IT and information
• Security categories.
• Understanding software licensing and the various software procurement models.
• Working knowledge of service level agreements and other key metrics of software agreements.

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT:

Suna Solutions provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Applicants, with criminal histories, are considered in a manner that is consistent with local, state, and federal laws.

REQUESTING AN ACCOMODATION

Suna Solutions is committed to providing equal employment opportunities for persons with disabilities or religious observances, including reasonable accommodation when needed. If you are hired by Suna Solutions and require accommodation to perform the essential functions of your role, you will be asked to participate in our reasonable accommodation process. Accommodations made to facilitate the recruiting process are not a guarantee of future or continued accommodations once hired.

If you would like to be considered for employment opportunities with Suna Solutions and have accommodation needs for a disability or religious observance, please call us at View phone number on click.appcast.io, send us an email or speak with your recruiter.

PAY TRANSPARENCY POLICY STATEMENT

Compensation for roles at Suna Solutions varies depending on a wide array of factors including but not limited to the specific client, office or remote location, role, skill set and level of experience. As required by local law, Suna Solutions provides a reasonable pay scale to include the hourly or salary range that Suna Solutions reasonably expects to pay for roles that may be hired in California, Colorado, New York City or Washington as set forth below.

Pay Scale of Starting Pay for role: $45-$57/hr. DOE