Senior Procurement Sourcing Associate (Hybrid)

About the role

Executes medium to complex sourcing projects from start to finish. Rationalizes the supply base through strategic sourcing, leads cross-functional teams to achieve optimal total cost of ownership, identifies cost savings opportunities across the company, supports overall supply requirements, and ensures effective spend analysis for assigned category.

Responsibilities

• Provides sourcing services (RFx, reverse auctions, negotiations) to clients based on predefined service levels, managing 5–12 simple to complex projects simultaneously with limited supervision or independently.
• Executes sourcing strategy by leading formal sourcing processes including stakeholder engagement, RFP processes, and contract negotiations.
• Assists in the development of category sourcing strategy, leading cross-functional teams to execute the sourcing strategy.
• Partners with customer groups to establish specifications for assigned commodity categories.
• Performs market analysis, benchmark analysis, and spend analysis for assigned commodity categories.
• Assists in ensuring realized savings tie back to departmental and/or customer budgets.
• Maintains and supports expenditure controls and alignment with the company's and department's budget and fiduciary requirements.
• Supports and improves supply base development programs (e.g., supplier diversity, local economic development, green sustainability programs).
• Ensures compliance with operational requirements, internal controls, and regulations.
• Establishes optimal buying channel/ordering process aligned to category strategy utilizing technology aligned with overall procurement strategy.
• Partners with business units and legal team in the negotiation of contracts and agreements, including Master Services Agreements (MSAs), Statements of Work (SOWs), and Service Level Agreements (SLAs).
• Assists and consults with business partners to create Service Level Agreements to effectively measure and manage supplier performance.
• Assists in the development of commercial strategies for sourcing to meet present and future supply requirements by applying advanced knowledge of purchasing principles, contract law, and commodities.
• Continually searches out new sourcing opportunities to implement as needed to maintain competitive advantage.
• Assists in the development and management of corporate-wide programs, policies, and procedures that support the Company Supplier Diversity strategy.

Supervisory responsibility

Position does not have direct reports but is expected to assist in guiding and mentoring less experienced staff. May lead a team of matrixed resources.

Qualifications

• Education: Bachelor's Degree in Business Administration or related field; in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.
• Experience: 5 years strategic sourcing experience.
• Preferred certification: Certified Purchasing Manager (C.P.M.)

Preferred qualifications

• Ability to track technology trends.
• Knowledge of the Federal Acquisition Regulation (FAR).
• Knowledge of Ariba or similar procurement automation tools.
• Demonstrated success in leading project teams to achieving quantifiable savings by applying sourcing methods.

Skills

• Ability to work with cross-functional teams.
• Ability to negotiate internally and externally to achieve required objectives and execute and implement contracts.
• Strong customer focus and ability to drive change.
• Knowledge of sourcing systems and preferably e-sourcing technology.
• Ability to extract data and summarize key elements to focus on.
• Knowledge of contract law, government policies, and regulations for the food and drug industry.
• Strong meeting management and facilitation skills, while being self-motivated.
• Effective presentation and analytical skills to interface with multiple levels of management.
• Ability to meet established deadlines and handle multiple customer service demands from internal and external customers within set expectations for service excellence.
• Ability to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

Pay

Salary range: $76,752 – $152,438. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range considers factors such as scope and responsibilities of the position, candidate's work experience, education/training, internal peer equity, and market and business considerations. It is not typical for an individual to be hired at the top of the range. In addition to compensation, a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans are offered (all benefits/incentives subject to eligibility requirements).

Physical demands

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key, and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Other requirements

• Must be eligible to work in the U.S. without sponsorship.
• Incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.