Indirect Sourcing Lead

Midmark Corporation•Versailles, OH

About The Position

The Indirect Sourcing Lead (ISL) is responsible for strategic global sourcing, supplier relationship management, supply chain security, and supplier pricing and contracts. The role partners with internal department stakeholders to source and manage indirect spend categories, including consulting services, software and hardware, marketing research and materials, engineering design services, facilities and real estate, fleet, human resources, and capital equipment. Contract management focuses primarily on supplier, consultant, real estate, and capital equipment contracts. The ISL manages contracts throughout their lifecycle, develops sourcing and supplier strategies, leads negotiations and cross-functional sourcing processes, and serves as a primary contact for internal stakeholders and suppliers regarding indirect contract matters. The position also supports process improvement, compliance, and the development of a sustainable sourcing organization.

Requirements

  • Bachelor’s degree in supply chain, finance, or business, and 3–5 years of relevant experience, or an equivalent combination of education and experience.
  • Ability to collaborate with internal stakeholders, align strategic objectives, gain support, influence others, and coach up.
  • Ability to establish and maintain effective working relationships with stakeholders, external suppliers, and teammates at all levels.
  • Ability to manage multiple priorities and meet timeline commitments.
  • Ability to learn and apply new information quickly, define problems using logic and intuition, and demonstrate technical, financial, analytical, and problem-solving skills.
  • High level of attention to detail.
  • Experience with contract management systems.
  • High level of legal acumen.
  • Strong verbal and written skills, including drafting sophisticated contract language to execute strategies.
  • Ability to maintain confidentiality and discretion in business relationships and exercise sound business judgment.
  • Proficiency in Microsoft Office applications.
  • Must be legally authorized to work in the United States; sponsorship is not provided, and applicants needing current or future sponsorship are ineligible.

Nice To Haves

  • 3–5 years of contract management experience, preferably focused on contract generation, review, and renewal processing.

Responsibilities

  • Manage company contracts throughout the contract lifecycle, including creating and refining contracts and processes for tracking, tracing, and renewals.
  • Formulate and execute supplier negotiation strategies.
  • Interact with senior management and serve as the direct contact for external contractual obligations.
  • Maintain expert knowledge of stakeholder spending, industry trends, economic factors, supply chain security issues, and key suppliers in indirect spend categories.
  • Build stakeholder relationships and establish measurable strategic sourcing objectives focused on continuous improvement.
  • Develop and implement category and supplier strategies, leading their implementation through supplier selection, scope-of-work processes, and contract management.
  • Manage supplier relationships by maintaining knowledge of supplier management teams, facilities, capabilities, business health, and performance.
  • Work with New Product Development teams and suppliers to lead supplier qualification and selection and support NPD projects.
  • Develop, manage, and execute RFIs, RFPs, and RFQs.
  • Lead cross-functional teams through the sourcing process.
  • Lead and manage the indirect contract review process for internal departments.
  • Develop, implement, and enforce processes for requesting, executing, and archiving indirect contracts.
  • Serve as a primary contact for stakeholders and suppliers on indirect contract issues.
  • Administer renewals of indirect agreements and manage archives of executed indirect contracts.
  • Work with stakeholders and legal counsel to review contract terms and conditions and help reach acceptable outcomes.
  • Identify contract management process improvements that increase efficiency and compliance or reduce costs.
  • Support the Indirect Spend Manager in cultural and behavioral change toward a sustainable, best-in-class sourcing organization.
  • Maintain the Indirect Toolbox, including spend, market report, contract, and resource databases.
  • Collaborate with the Quality organization on Service Supplier programs within the Quality Management System.
  • Support adherence to Finance policies and procedures.
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