Sr. Sourcing Specialist, Corporate Services - Mars Veterinary Health

$69,073 - $103,609/Yr

Banfield Pet Hospital - Fountain Valley, CA

Full-time - Mid Level

Fountain Valley, CA

1,001-5,000 employees

Professional, Scientific, and Technical Services

About the position

The Sr. Sourcing Specialist at Mars Veterinary Health plays a crucial role in supporting Category Managers to maximize value in assigned indirect categories essential for daily operations. This position is responsible for sourcing goods and services, leading the contracting process, managing supplier relationships, and developing effective sourcing strategies to ensure an uninterrupted supply of necessary resources at the lowest cost. The role emphasizes proactive problem-solving and communication skills to align with the company's mission of providing a better world for pets.

Responsibilities

• Negotiate price, terms, conditions, and supplier returns/allowances and serve as a point of contact on contracts.
• Implement new and renewed contract terms and services through the Coupa system, coordinating with related teams.
• Develop sourcing strategies, build a scope, stakeholder map, sourcing approach and spend analysis.
• Identify current and future business needs, business capabilities and constraints.
• Define the market, cost structure and suppliers.
• Negotiate and set up confidentiality and purchasing agreements with suppliers.
• Develop appropriate supplier relationship management strategies, analyzing cost reductions and supplier performance improvement opportunities or risks.
• Partner with Finance to determine input for the business operating plans, regularly communicating any risks and opportunities or variances versus plan.
• Maintain strong business relationships with suppliers and internal stakeholders.
• Participate in ongoing purchasing process improvement efforts; evaluate and recommend best purchasing methods.
• Recognize intellectual property risks, manage issues that arise and elevate appropriately in a confidential manner.
• Interpret and evaluate contract provisions, conduct research on requirements, evaluate findings, and make recommendations.
• Conduct spend, internal and market analysis, preparing, coordinating and conducting negotiations.
• Prepare purchase orders through Coupa system, ensuring completeness, accuracy, and compliance with existing policies and procedures.
• Compare quotes with the specifications and availability of good and services, placing practice wide orders accordingly.
• Demonstrate continuous effort to improve operations, decreasing turnaround times and streamlining work.

Requirements

• Bachelor's degree is required.
• 5-years of experience in purchasing cycles and buying processes is required.
• Knowledge of purchasing regulations, legal compliance, policies and procedures with demonstrated advanced negotiations, contract and sourcing skills preferred.
• Background and experience in at least one or more of the following sourcing categories: IT, Facilities, Legal, Marketing, Corporate Affairs, HR and/or Consultants.

Nice-to-haves

• Strong understanding of the veterinary health market, including products, services, and customer needs.
• Ability to understand and interpret key financial statements and components of ROTA.
• Understanding of and ability to conduct SWOT, TOWS Matrix, and/or Porter's Five Forces Model.
• Health care background (veterinary or human healthcare, pharmaceutical, etc.) is preferred.

Benefits

• Competitive salary with paid time off & holidays.
• Medical, dental, and vision insurance for you and your loved ones.
• Fertility and family-building assistance.
• Paid Parental leave.
• Practice Paid Basic Life Insurance.
• Practice Paid Short- and Long-Term Disability.
• Competitive referral program.
• Automatic enrollment 401(k) Savings Plan after 60 days of employment with generous company match.
• Commuter Benefits.
• Legal Plan.
• Health Savings Account & Flexible Spending Account.
• Mental health support and resources.
• Paid Volunteering.
• Optimum Wellness Plans® for up to three pets.
• Continuing Education allowance & MED hours for eligible positions.
• Student Debt Relief (for full-time DVMs).
• A Variety of discounts including Mars, PetSmart, Royal Canin, fitness, cellular and so much more.