Senior Sourcing Associate (Marketing) Procurement Services

About the role

We are seeking a Senior Sourcing Associate to join our team and be a member of the client sourcing services delivery team, managing the development and execution of sourcing projects of various complexity levels.

Key Responsibilities

• Sourcing Execution
• Provides sourcing services (RFx, and direct negotiations) to our clients based on predefined service levels, managing several simple to complex projects simultaneously with limited supervision/guidance or independently
• Once a project request is received, assess completeness of requirements, perform due diligence and validation, follow up with the requestor to obtain further project details, answer any process related questions, and provide updates on project status
• Lead and execute the Denali sourcing process from start to finish, e.g., spend data collection and analysis, supply market analysis and supplier discovery if needed, RFx development, publishing and management, reverse auctions, negotiations, bid response analysis and synthesis
• Manage suppliers during the sourcing process, including conducting supplier orientation and training on the sourcing process, following up with suppliers on milestone activities
• Perform in depth analysis of proposals submitted, facilitate supplier evaluations, draw conclusions, prepare comprehensive summaries, and present to the client in a concise manner
• Process Improvement
• Develop and/or customize various templates such as RFx, pricing, and proposal evaluation
• Identify areas of process inefficiencies and suggest improvements to management to improve efficiency and effectiveness of Denali processes
• Client and Project Management
• Develop and maintain comprehensive project documentation
• Collaborate with Client Category Managers and/or Denali SMEs on project strategy and determine sourcing approach and methodology to be applied based on the strategy
• Teaming
• Develop mastery in multiple core phases of the Denali sourcing methodology and provide mentoring and training to the rest of the team members
• Participate in peer reviews for other team member’s projects and check for quality, consistency and compliance with Denali methodology and client specific requirements
• Coach, transfer knowledge, and develop team members to be more effective in their current roles
• Contracting
• Create legal documents including Master Services Agreement (MSA), Statement of Work (SOW), and Order Forms
• Negotiations
• Ability to conduct basic level spend assessment for opportunity identification
• Ability to follow a process based on documented guidelines without supervision
• Ability to facilitate a total cost ownership discussion with a client team and identify total cost elements
• Ability to handle clients' issues and escalations with sensitivity and diligence, eliminating a need for further escalation

Qualifications

• Bachelor’s Degree
• Minimum 2-8 years of work experience in procurement, sourcing, operations, or supply chain
• Deep understanding of Marketing, Sales, and New Business Development Commodities and sub-categories as well as a basic understanding of the following areas (e.g. pricing structures, terminology, bidding sheet development expertise, cost structure, key vendors, etc.)
• Ability to conduct basic level spend assessment for opportunity identification
• Ability to follow a process based on documented guidelines without supervision
• Ability to facilitate a total cost ownership discussion with a client team and identify total cost elements
• Ability to handle clients' issues and escalations with sensitivity and diligence, eliminating a need for further escalation
• Advanced/Expert Excel skills, including working knowledge of filters, sorting, pivot tables, basic formulas, advanced formatting techniques, and advanced data manipulation skills
• Proficiency in multiple e-sourcing tools (e.g., Ariba, Procuri, Iasta, Zycus, ERP eSourcing module) at an “advanced” level (as defined by Denali, Software company, or client standards)
• Advanced negotiation skills

Additional Information

• Compensation Disclosure
• The base salary range for this position is $90K to $125K annually.
• This range reflects the base pay range that we reasonably expect to offer for the role across our hiring locations.
• Final compensation will be determined based on a combination of factors, including but not limited to: Geographic location (state and city of residence)Overall professional experienceDirectly relevant experienceEducation and certificationsIndustry knowledge and expertiseSkills and competencies
• In addition to base pay, this role may be eligible for performance-based bonuses, or incentive pay, or commissions, which are not included in the listed base salary range.
• Equal Opportunity Employer Statement
• We are an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
• We provide reasonable accommodations to individuals with disabilities and for sincerely held religious beliefs in all aspects of employment, including the application process.