The Sourcing Specialist works in cooperation with the global or Regional Spend Area teams to support the development and execution of sourcing practices for selected Spend Areas. The key activities include interaction with cross functional stakeholders to manage spend and market analytics, generating insights from bid events, preparing supplier negotiation materials, supporting project execution and supplier relationship management, and driving controls and compliance. Sourcing Specialists act as a point of interaction between the global or Regional Spend Area teams and the global and Regional Sourcing Analyst Pool.
Assist Spend Area Manager with strategic planning and the execution of sourcing practices including implementation of the strategy.
Support the continuous improvement and standardization of the strategic sourcing processes.
Analyze spend baseline, Spend Area profile, and market insights to support development of Spend Area and supplier strategies.
Support the development of Go-To-Market and negotiation strategies in alignment with the Spend Area Manager and ensure proper documentation thereof.
Coordinate with the Sourcing Analyst Pool to provide support on sourcing events (e.g. bid event preparation, supplier communication package, negotiation decks).
Perform supplier analysis including supplier screening, financials, and capability assessments to support supplier selection process.
Perform supplier selection and fact-based negotiations, validated by the Spend Area Manager, covering end-to-end sourcing projects
Assist and drive stakeholder alignment.
Actively engage with stakeholders as defined in alignment with the Spend Area Manager throughout the strategy development and sourcing execution process.
Interface between the global Procurement organization and the product development, planning and supply teams in the regions or countries in alignment with the global Spend Area Manager and the Regional Spend Area Manager.
Provide insights on Procurement analytics and data to support the new product development cycle.
Escalate issues to the Spend Area Manager or Spend Area Director.
Manage supplier relationship.
Drive supplier performance by lifting and shifting best practices from one region to another region.
Coordinate with Regional Procurement Center (RPC) and other Regional stakeholders to obtain feedback on supplier performance related to service, quality and delivery to help build insights for supplier relationship management (SRM) program.
Monitor, control, and report KPI’s for the assigned Spend Area.
Support margin agenda and days payable outstanding for the global sub spend areas.
Productivity, including Total Cost of Ownership, identification and implementation and Payment Terms recording and tracking.
Appropriate University Bachelor’s Degree.
Analytical and Problem Solving skills - working with large volumes of data and having ability to present outputs to wider group of people including influencing senior stakeholders on the regional and global level
Dealing with ambiguity - ability to make quick decision in difficult and stressful environments supported by the strong procurement background and knowledge
Extensive experience in Procurement or Supply Chain – confirmed by number of negotiations and sourcing events on local or regional level.
Experience in Relationship Management - internally working with senior leadership stakeholders across a global reach. The confidence to push back, challenge and make recommendations where appropriate. From the external perspective proved experience in suppliers relationship management.