Senior Sourcing Specialist
CurrentResponsible for negotiating and managing strategic agreements for materials, services, and equipment. - Identify sourcing opportunities through analysis of business and industry data. - Drive spend rationalization by leveraging regional and/or company-wide spend with key suppliers.- Develop both internal and external relationships to coordinate successful execution of sourcing strategies while maintaining successful and engaged supplier support.- Lead and develop resolution plans for issues that arise with key suppliers.- Collaborate with internal stakeholder groups to define and facilitate sourcing strategies and lead associated sourcing events such as RFx or supplier contract negotiations.- Lead negotiation of business requirements for complex contract negotiations.- Evaluate commercial proposals, prepare and issue commercial bid evaluations for internal review, and provide recommendations to internal stakeholders based on lowest total cost of ownership (TCO).- Conduct supplier relationship management (SRM) activities to maintain effective relationships with suppliers and drive continuous improvement.- Monitor and interpret market intelligence data and develop a depth of category knowledge to proactively mitigate potential contract and procurement risks.- Coordination with Operations, Engineering, Legal, Safety, and Finance to create new contracts and/or amendments to support strategic sourcing initiatives.- Manage the contracting process for new and existing agreements including reviewing existing contracts, drafting contracts and commercial rate schedules, reviewing redlines from suppliers, creating redlines, working with internal legal counsel, and interpreting contractual language, risks and obligations to stakeholders.