Strategic Sourcing Advisor

This Contract to Hire role as a Strategic Sourcing Advisor - Procurement in Chicago, IL is responsible for contracting, identifying, and developing sourcing strategies to achieve the most cost-effective pricing and best service, while negotiating costs for professional services such as IT consulting, IT managed services, management consulting, and corporate services.

Pay rate: $50-$58 per hour

Responsibilities:

· HR, Finance, Legal, Research, CASSIP categories.

· Build relationships with key stakeholders, managing escalations independently, understanding Business pipeline and forecast and providing a strategic plan for streamlining vendors while becoming a Subject Matter Expert for the appointed category.

· Participate in and supporting the design and implementation of strategic sourcing activities (RFPs, RFIs, Market Scans, Category Management) for appointed category

· Participate in the strategic sourcing process by partnering with Business stakeholders to define specifications and requirements, leading, conducting internal and external data & pricing analysis, and providing recommendations based on analysis.

· Independently analyze Industry Markets And assess risk, gather intelligence on fundamental conditions, and technical Information that affects the category.

· Oversee contract negotiations, pricing negotiations, contract compliance, vendor management, and stakeholder management.

· Demonstrate excellent project management and time efficiency skills as they will be managing several sourcing projects and contracts at a given time along with multiple vendors and internal stakeholders.

· Identify and develop cost reduction opportunities while maximizing benefit to the business.

· Comfortable speaking and delivering presentations to internal business teams for RFx’s as well as having excellent business acumen.

Job Requirements:

· Bachelor's degree in Supply Chain, Business or Finance, or 4 years of relevant experience

· Demonstrated thought leadership

· Ability to build strategic relationship with senior-level colleagues

· Experience with conducting wide-ranging research.

· Analytical skills to support and enhance procurement strategy and goals.

· Ability to function in ambiguous and/or time-sensitive situations.

· Clear, concise, and confident interpersonal, verbal and written communication skills.

· Knowledge and skills to participate and be effective in contract negotiations with industry suppliers.

· Strong multitasking capabilities

· Knowledge of strategic sourcing principles.

· Experience in project management and contract negotiation.

· Experience developing presentations and presenting to management and other internal groups.

· Effective Negotiating skills to reduce supplier base and to negotiate beneficial contracts

· Clear, concise, and confident interpersonal, verbal and written communication skills.

· Effective, proven negotiation skills, experience rationalizing supplier base and negotiating beneficial contracts.

· Knowledge of strategic sourcing best practices

· PC proficiency to include Word, Excel, PowerPoint

Preferred Job Requirements:

· 3-6 years of experience in a relevant area (procurement, supply chain, or finance)

· Knowledge of Business Process Outsourcing

· Knowledge of Insurance industry

· Knowledge of Category Management

· Bachelor’s degree in Supply Chain Management

· Experience in a procurement function, including with contract management activities

· Strong relationship management capabilities with internal and external stakeholders

· Strong Drive and interpersonal skills to manage multiple escalations internally/externally

Benefits:

Solving IT, a Woman and LGBTQ owned and operated organization is thrilled to provide a comprehensive benefit package to all our W2 employees and their families, regardless of gender. We are proud to offer five diverse health plan options as well as a PPO dental plan through Blue Cross Blue Shield, Term Life/AD&D Insurance, and a 401(k) Savings Plan. Solving IT covers a portion of the health and dental premiums for our employees.