Strategic Sourcing Specialist

Strategic Sourcing ManagerResponsible for developing and implementing strategic sourcing policies. Responsible for creating cost estimates and forecasts and negotiating cost-effective contracts with key suppliers.Essential Functions:Participate and recommend new supply sources where vendors and suppliers are no longer competitive.Assist in the development of Category Plans for specific commodities.Support suppliers' capabilities to improve the quality, delivery, and reduce the cost of assigned commodity.Gather, evaluate and negotiate quotes from suppliers for goods and services.Execute RFPs and RFQs.Identify, evaluate and capitalize on opportunities to reduce sourcing costs by analyzing categorical spend.Coordinate with all business units to ensure strategic sourcing initiatives are aligned with other business goals. Work with business units to monitor inventory needs and communicate forecasts.Monitor vendor performance by tracking SLA/KPIs.Negotiate with suppliers to resolve problems, expedite deliveries, address quality issues, and modify purchase orders as required.Facilitate communication and contracts between suppliers, sourcing team, and business units (labs, security, legal, IT) while centralizing policies, procedures and maintaining contractual records.Supplier Management Implement vendor selection program to ensure that the best vendors are secured, and standards are established to assess performance of approved vendorsOnboard, monitor and reviewDevelop and sustain long-standing relationships with company-approved vendorsContract Management Maintain records, Reporting, RenewalsAnalyze contract's risk and ensures business goals are being metMonitors Performance of the contractStay on top of industry and competitive trends, leverage customer insights, and execute at both a tactical and strategic level.Maintain purchase order information integrity in the ERP system (prices, quantity, accounting codes, terms, delivery date, etc.) and quotation files.Prepare, enter, confirm and expedite in-house requisitions and vendor purchase orders.Drive Continuous, provable improvements and efficiencies based on data.Audit regularly to ensure standard operation procedures are being followed.Identify industry trends and develop innovative marketing and merchandising initiatives to support growth.Maintain and protect the confidentiality of all CRL, CRL subsidiaries, legal entities and client information.Be able to comply with all applicable federal, state, and local safety and health regulations that would apply to this job.Other duties as assignedJob Qualifications:Education: High School Diploma or equivalentExperience: 3 years of purchasing experience in a related business field or inventory environment. Some knowledge of accounting, finance, manufacturing, or general business. Negotiating skills required.Skills & Abilities:Ability to influence internal/external stakeholders with the support of management through the use of effective communication and business analysis skillsAbility to present and articulate analytical results and facilitate decision makingMust be a self-starter who is willing to work on their own and is goal focusedMust be proficient in Word, ExcelExperience with an ERP SystemPossess excellent verbal and written communication skills including the ability to make and answer phone calls in a courteous, helpful and professional mannerUnderstanding of purchasing and/or accounting systemsAbility to multi-taskKnowledge of Change Management and Contract Life Cycle ManagementPossess previous diversified business experienceAbility to be at work and on timeAbility and judgment to interact and communicate appropriately with other employees, clients and managementPhysical Requirements:Sitting for extended lengths of timeClose vision requirements due to computer workRepetitive use of hands, fingers, wrists, and elbows for operating a computer and telephoneLifting up to 25 poundsEquipment: PC and communications equipment, ERP System.Other: Overtime and/or weekend work as needed to complete requirements of job or special projects.The employer shall, in its discretion, modify or adjust this position to meet the company's changing needs.This job description is not a contract and may be adjusted as deemed appropriate in the employer's sole discretion.denotes essential job functionAn Equal Opportunity EmployerPay Range: $52,500 - $100,000Benefits for Full Time Employees:Medical, Dental, VisionLife/AD&DSupplemental Life/AD&DSection 125 FSA Plan401(k)Short and Long-Term DisabilityPaid Time OffHolidaysTuition Reimbursement