Strategic Sourcing Specialist

Job description: Basic Function HF Sinclair's Strategic Sourcing Specialist acts as an integrated business partner who facilitates an organized and collaborative approach to leveraging targeted spend across the location(s) with selected suppliers that are best suited to create enabling value. Understands business requirements and aids in market analysis, supplier identification, sourcing, evaluation, negotiation, selection, and drives continuous improvement with the existing supplier base. Ultimately, develops procurement agreements, ensuring work is conducted to achieve the greatest overall benefit to the Corporation. May direct or lead the work of others from time-to-time. Job Duties Stakeholder Engagement and Collaboration: Build strong relationships with internal stakeholders by understanding their strategic and tactical business needs/goals, and align procurement support and strategy accordingly Work closely with various departments, including maintenance, operations, turnaround, projects, engineering, environmental, laboratory, health & safety, training, and legal Partner with affected stakeholders to develop holistic strategies and submissions to company Supply Chain Committees Collaborate and coordinate with Category Management for decisions with enterprise-wide impacts or value thresholds requiring senior management review Market Research and Analysis: Leverage spend intelligence, benchmarking, industry and trade publications, and other analytical tools to conduct market research and identify potential suppliers Conduct spend analysis and identify opportunities for consolidation and optimization Prepare and present regular reports on sourcing activities, cost savings, and supplier performance Procurement and Sourcing: Solicit bids for procurement agreements and projects over company bid threshold. Prepare RFx and manage sourcing events for purchases of goods and services exceeding company bid threshold, including bid evaluations Develop and implement purpose-fit scorecards for each sourcing event to ensure objective evaluation of suppliers Apply should-cost modeling and analytical tools to augment decision-making, negotiation, supplier selection, and management Supplier Selection and Relationship Management: Discuss proposed suppliers with requisitioners, investigate to determine actual needs, and participate in supplier qualification and performance audits Identify and select suppliers based on criteria including safety, assurance of supply, quality, service, cost, and innovation Maintain positive business relationships with suppliers Conduct regular supplier performance reviews and implement improvement plans Negotiation and Contract Management: Negotiate terms and conditions, hourly labor/equipment rates, mark-ups, and prices with suppliers to achieve the best possible outcomes for the company Prepare, negotiate, and manage procurement agreements, including master agreements Collaborate with business stakeholders and suppliers to drive innovation and continuous improvement Identify and act on opportunities for value generation throughout the end-to-end procurement process Perform after-action reviews on significant projects to measure supplier performance, compare to benchmarks, document non-conformance or improvement areas, and track contractor performance over time Compliance and Training: Ensure procurement procedures and guidelines are followed, identify issues as they arise, recommend and develop changes, and participate in their implementation. Train plant personnel and others on procurement procedures and guidelines. Performance Monitoring and Reporting: Audit and monitor supplier capabilities, performance, costs, and adherence to terms and conditions. Adjust procurement strategies as necessary. Develop and maintain procurement dashboards and metrics. Special assignments or tasks assigned to the employee by their manager, as determined from time to time in their sole and complete discretion Experience A mini…

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