Sourcing Specialist

Key Responsibilities

• Sourcing Strategy & Development
• Develop sourcing strategies aligned with organizational goals, budgets, and operational needs
• Conduct spend analysis across organizational, divisional, commodity, and supplier levels
• Perform market research to identify emerging technologies and supplier trends
• Utilize spend analytics to uncover sourcing opportunities
• Craft negotiation strategies and secure favorable contract terms
• Sourcing Management
• Lead RFx processes and sourcing events
• Negotiate contracts in collaboration with internal stakeholders
• Draft and manage contract terms that mitigate risk and meet service expectations
• Evaluate supplier capabilities, financial health, and market standing
• Determine optimal supplier selection methods for new opportunities
• Capture and manage supplier performance data
• Customer Relationship Management
• Build strong relationships with end-users through consistent engagement
• Support departmental needs by serving as an internal consultant and problem solver
• Supplier Relationship Management
• Understand supplier product lines and future technology developments
• Collect and analyze supplier performance data to inform future sourcing decisions

Required Skills & Experience

• 4-7 years of sourcing experience
• Proven project management skills with ability to define deliverables and milestones
• Strong contract negotiation and vendor management capabilities
• Experience leading sourcing events and cross-functional meetings
• Excellent relationship-building and communication skills

Preferred Skills & Experience

• Experience in the healthcare industry

Education Required

• Bachelor's degree in Business, Finance, or related discipline