Sourcing Lead

Job Description

Responsibilities

• We are seeking experienced Sourcing lead to manage end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed

Responsibilities

• Develop and execute sourcing strategies for Tech and Services categories.
• Managed end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed
• Develop and published RFP in Ariba
• Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and gather market intelligence to support decision-making
• Lead supplier selection and qualification processes, including issuing RFIs, RFPs, and conducting supplier evaluations and negotiations
• Collaborate with internal stakeholders to understand their requirements and ensure the sourcing strategy meets their needs
• Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements that optimize value while mitigating risks
• Manage project plan for all assigned sourcing requests from requirement gathering to contracting
• Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements (MSA/SOW) that optimize value while mitigating risks
• Liaise with legal, business and supplier to finalize contracts
• Document and analyze supplier responses to ensure it contains valid and detailed information
• Co-ordination with various stakeholders (business, procurement, suppliers) for setting up meetings, presentations and other sessions
• Liaising with business stakeholders, procurement team and suppliers to ensure timely and successful completions of tasks and activities (related to RFx events, NDA management and contracting)
• Maintaining project plans/ tracker for all requests and sourcing events, including timely reporting to all stakeholders

Qualifications

Qualifications

• Bachelor’s Degree

• 5+ years of sourcing/procurement experience with a focus on

• Proven experience as a Sourcing Specialist, Procurement Specialist, or similar role

• Strong knowledge of strategic sourcing methodologies, procurement best practices, and supplier management

• Must possess excellent verbal and written communication skills

• Good project management/ business analysis/ process analysis skills

• Working knowledge of SAP Ariba, primarily in Sourcing and Contract workspace

• Strong organizational skills with attention to detail and ability to manage multiple priorities

• Professional certifications such as Certified Professional in Supply Management (CPSM) or Project Management Professional (PMP)® Certification will be a plus

• Business hours: US 9-5 EST hours

• The posted base salary range is the hiring base salary range for this role. Final offers are based on several factors, including: the candidate's skills and experience, internal pay equity, work location, market conditions for the role, and the specific scope and responsibilities of the position.