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Senior Sourcing Specialist, Capital Projects

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North Chicago, Florham Park
Posted 8 hours ago
1 views

Job Description

Purpose:

The Senior Sourcing Specialist is responsible for executing source-to-contract procurement processes in alignment with business goals and industry best practices, ensuring compliance with procurement policies, and contributing to supplier diversity and sustainability. This role plays an essential part in executing supplier management activities, implementing continuous improvement projects, and driving day-to-day supplier excellence.

Responsibilities:

•Partner with Procurement Manager, Category Manager and Associate Directors to execute Indirect Capital subcategory-specific procurement strategies.

•Implement and monitor effectiveness of strategies for the relevant category, ensuring alignment with overall business goals.

•Report on supplier process and operational health, informing Category Leaders to enable strategic decision-making, incorporating industry trends, emerging technologies, and market dynamics.

•Monitor initiatives to drive value with category suppliers, tracking cost savings and enhancing overall procurement value.

•Enable sustainability and environmental, social, and governance (ESG) measures, working alongside suppliers to enhance sustainable and responsible sourcing practices.

•Execute Supplier Relationship Management (SRM) strategies, managing relationships with category suppliers and collaborating to enact creative and cutting-edge solutions that deliver on long-term business needs.

•Implement mitigation strategies to proactively manage procurement risk across the relevant category, maintaining process and policy compliance.

•Ensure effective project management from initiation to completion, collaborating with cross-functional teams to deliver strategic category-related projects. Assist category leaders with opportunities for process optimization and efficiency gains, executing continuous improvement programs that achieve strategic objectives.

•Assist with the end-to-end procurement process from sourcing strategy to contract negotiation and execution, enabling negotiations with category suppliers and facilitating decisions by developing the required analysis and gathering relevant data.

•Develop own capabilities and accumulates category expertise in accordance with individual learning path. Actively enable team goals, ensuring performance targets and objectives are delivered successfully.

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