Senior Sourcing Specialist OR Sourcing Specialist

Duke Energy•Charlotte, NC

2d•Hybrid

About The Position

This is the third level of the Sourcing classification hierarchy. The role develops and implements strategic sourcing plans for assigned spending categories, and develops and executes ideas to enhance sourcing strategies and support transformational or strategic company initiatives. The Senior Sourcing Specialist assesses opportunities, internal supply chains, and supply markets to develop, execute, and institutionalize sourcing strategies, with a focus on complex, high-value spending categories. The successful candidate will lead strategic initiatives and cross-functional projects, serve as an internal procurement and strategic-sourcing consultant, and drive cost savings. The role calls for an enterprise-wide perspective, independent judgment, consensus building across organizational groups, and the ability to develop and implement new approaches with minimal oversight. It also requires communicating with stakeholders at all levels and using business operations, legal, and risk knowledge to assess total cost of ownership across procurement tactics and channels. Employees at this level manage work with minimal supervision and work independently, seeking guidance for unusual or complex projects or issues. They are expected to be fully competent in relevant concepts and procedures, identify problems, develop solutions, and take action to resolve them. The posting may be filled at a lower level in the job hierarchy depending on the successful applicant’s qualifications. It is for one position.

Requirements

Senior Sourcing Specialist: Bachelor’s degree and five years of related work experience; alternatively, an associate degree and seven years of work experience, or a high school diploma/GED and nine years of related work experience.
Sourcing Specialist: Bachelor’s degree and two years of related work experience; alternatively, an associate degree and four years of work experience, or a high school diploma/GED and six years of related work experience.
Must possess all basic/required qualifications to be considered.
Ability to work lawfully in the United States without employment-based immigration sponsorship, now or in the future.

Nice To Haves

Certified Purchasing Manager (C.P.M.) and/or Certified Professional in Supply Management (CPSM) certification.
Graduate degree.
Finance background through work experience and/or education.
Certified Supply Chain Professional (CSCP) certification.
Executive deal-briefing experience.
Demonstrated business and financial expertise.
Excellent negotiating skills.
Contract-management skills.
Strong planning and organizational skills.
Strong problem-solving and analytical skills.
Excellent oral and written communication skills.
Demonstrated ability to work independently.
Strong interpersonal skills.
Cost and financial analysis skills.
Good business acumen.
Strong working knowledge of electric utility plant operations.
Previous sourcing and contracting experience.
Good project-management experience.
Demonstrated interpersonal, leadership, and team-building skills.
Experience with e-sourcing tools such as PowerAdvocate and ERP systems such as CAS and Maximo.

Responsibilities

Develop and enhance category management through strategic analysis of assigned categories; identify business-unit demand, needs, issues, and cost-reduction opportunities.
Develop SWOT analyses for assigned categories, identify spend, assess total cost of ownership, and identify short- and long-term risks.
Collaborate with internal subject-matter experts, including Legal, Security, Tax, and Credit, to control risk when necessary.
Maintain knowledge of commodities, sources of supply, corporate responsibility opportunities, industry practices, and market conditions that may affect procurement.
Use procurement tools and grids/relays to document and retain category plans.
Develop sourcing strategies for complex, high-value materials, equipment, or services with business-unit partners and cross-functional teams, including regional and enterprise-wide initiatives.
Lead competitive bidding processes, objective bid evaluations, award recommendations, development of terms and conditions, contract negotiations, contract-system integration, supplier and contract management, and day-to-day issue support.
Use data-driven decisions and should-cost models to improve supplier terms and identify cost-saving opportunities.
Analyze historical spending, pricing fluctuations, market trends and indices, and net working capital impacts to inform deal structure.
Negotiate with supplier and manufacturer management, primarily at middle and upper levels, and apply knowledge of Duke Energy contractual terms and conditions.
Drive cost avoidance and savings through supplier negotiations and process efficiencies; negotiate pricing, discounts, value, and other competitive differentiators.
Communicate transaction risks and possible mitigations to business-unit and executive leaders and committees, including TRC.
Review supplier financial statements to assess financial viability, identify contractual and deal-structure risks, and communicate those risks to business-unit partners.
Apply sourcing, commercial, and legal knowledge to lead complex contract outcomes; redline and negotiate legal issues and engage Legal for advanced issues.
Develop change-management strategies with business-unit partners and cross-functional teams to implement sourcing strategies successfully.
Manage strategic supplier relationships and maintain effective working relationships with internal partners, external customers, and suppliers.
Manage post-award supplier activities, settlements, claims, disputes, purchase orders, and agreement maintenance, including invoice mismatches, price changes, amendments, and change orders.
Work with business-unit partners to ensure contract terms are met and supplier performance is monitored and measured; resolve escalated business-unit and supplier issues as needed.
Assist and cross-train sourcing personnel on procurement tasks.