Sourcing Consultant

Baystate HealthHolyoke, MA
Hybrid

About The Position

This position is responsible for the timely and cost-effective strategic sourcing of complex goods and/or services. This position advises and guides business units regarding the application and integration of procurement philosophies and techniques to meet the needs of identified internal customer requirements using a global category view. This individual is responsible for sourcing, negotiating, contracting, and purchasing complex categories by influencing teams with various levels of employees and management to leverage buying power and recommend appropriate procurement strategies and tactics to obtain desired results. Extensive interaction with Business Units, Leadership, Finance, Legal, and suppliers is required to ensure that total costs are identified and optimal savings are realized in executing a contract. Goods and services are reviewed by this position and managed across the company for all locations.

Requirements

  • Bachelor's Degree in Supply Chain or Business preferred.
  • Masters perferred
  • 8+ years of experience in Strategic Consulting or Procurement
  • 8+ years of: - Experience in the facilitation and negotiating of contracts.
  • - Developing, initiating, and managing sourcing strategies with tactical processing capabilities.
  • - Building/leading/influencing effective cross-functional teams.
  • - Managing diverse stakeholder interests and expectations.
  • - Building strategic supplier relationships.
  • - Team interaction and project management experience.
  • - Effectively communicating (verbal and written) with a wide range of customers and team members.
  • - Application of supply chain management and business process reengineering practices.
  • - Process redesign and improvement.
  • - Knowledge of corporate services industry market trends and dynamics
  • - Demonstrated capability in strategically sourcing corporate services and/or commodities.
  • - Corporate services strategy development, process change management, and implementation.
  • - Facilitating day-to-day operational and strategic objectives.
  • - Personal Computing, including Microsoft Excel, Word, PowerPoint, Visio, and Project.
  • - ERP (Procure to Pay preferred), e-Procurement, and sourcing systems/tools.
  • - Identifying and implementing sourcing objectives and goals that support organizational strategies.
  • - Problem-solving, financial, and analytical process skills.
  • Bachelor's degree (BA/BS) in Supply Chain or Business.
  • Bachelors Degree (Required)

Nice To Haves

  • Masters perferred
  • Master's degree (MBA).
  • Certification Preferred: CMRP

Responsibilities

  • Strategic category sourcing, through the development of category strategies based on rigorous analysis of spend data, supply market dynamics, category intelligence, and business requirements.
  • Products' continuous supply and quality drive cost savings and cost avoidance and support strategic, innovative technologies.
  • Interfacing with and managing business units for assigned strategic sourcing area(s).
  • Partnering with key stakeholders to build influence, evaluate, and challenge the status quo.
  • Working with business units to plan and set targets for sourcing activity for assigned complex categories.
  • Regularly monitoring the market for category-leading practices and demand/supply shifts such as supply consolidation, technology innovations, etc.
  • Identifying options for reverse auctions in category strategies.
  • Working on complex sourcing initiatives requires high technical, market impact, and supply base competence.
  • Actively setting, leading, and driving the sourcing team and timeline for all assigned sourcing initiatives.
  • Leading the entire contract life cycle from Request for Proposal to supplier exit to meet the organization's cost, quality, and service expectations for assigned categories.
  • Analyzing supplier proposals and facilitating fact-based supplier selection processes; preparing recommendations for leadership.
  • Leveraging market data, external expert resources, spend analytics, and cost modeling to drive fact-based decision-making.
  • Preparing and presenting business cases and should-cost models; performing complex data analysis and building financial models (i.e., ROI, supplier scorecards, savings tracking, make vs. buy decision models).
  • Developing and executing negotiation strategies to maximize total value and minimize risks.
  • Working with legal to ensure proper representation and enforcement of binding terms and conditions.
  • Ensuring savings are delivered promptly and achieving the realization of expected benefits.
  • Ensuring high-quality customer service, including conducting sourcing analysis and addressing sourcing-related questions and problems.
  • Driving continuous improvements.
  • Supporting supplier diversity and sustainability goals by explaining them and advocating for diverse suppliers and sustainable options when they are viable.

Benefits

  • Excellent Compensation
  • High-quality, low-cost medical, dental and vision insurance
  • Generous PTO with scheduled earned increases
  • Continuing education support and reimbursement
  • First Time Home Buyers Financial Packages
  • Farm Share Memberships
  • 403b retirement company match & annual company contribution increase based on years of service
  • Free money coach advice from a certified professional
  • Wellbeing programs that include but are not limited to mental, physical, and financial health
  • Pet, home, auto and personal insurance
  • Life insurance
  • Reimbursement for a variety of wellbeing activities, included but limited to gym membership and equipment, personal trainer, massage and so much more!
  • Wellbeing programs that include but are not limited to mental, physical, and financial health
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