Senior Procurement Sourcing Associate (Hybrid)

Resp & Qualifications PURPOSE: Executes medium to complex sourcing projects, from start to finish. This role will rationalize the supply base through strategic sourcing, lead cross-functional team to achieve optimal total cost of ownership, identify cost savings opportunities across the company, support overall supply requirements and ensure an effective spend analysis for assigned category. Essential Functions 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/guidance 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 ties back to departmental and/or customer budgets. Maintains and supports expenditure controls and alignment with the companys and departments 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 the 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 the 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 Level: Bachelor's Degree in Business Administration or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience. Licenses/Certifications Preferred Certified Purchasing Manager (C.P.M) Experience: 5 years strategic sourcing experience. Preferred Qualifications Ability to track technology trends. Knowledge of the FAR. Knowledge of Ariba or similar procurement automation tools. Demonstrated Success in leading project teams to achieving quantifiable savings by applying sourcing methods. Knowledge, Skills And Abilities (KSAs) Ability to work with cross-functional teams. Ability to negotiate internally and externally to achieve required objectives and executes and implement contracts. Strong customer focus and ability to drive change. Knowledge of sourcing systems and preferable 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. Must be able to meet established deadlines and handle multiple customer service d…

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