What are the responsibilities and job description for the Sourcing Manager position at TalentBurst, an Inc 5000 company?
Sourcing Manager
Jackson, MI(Hybrid)
12 months contract
Duties
Jackson, MI(Hybrid)
12 months contract
Duties
- The Sourcing Manager negotiates with suppliers to obtain materials and services at the best prices (total cost of ownership) by developing and implementing strategies for cost reduction, supplier consolidation, quality improvements and process efficiencies. Using strategic sourcing strategies and extensive knowledge of their commodity industry, we assist in effecting more efficient sourcing processes to save costs and maximize profitability. Plays a crucial role in the Consumers Energy daily operations.
- Completes strategic service and material purchase requests by verifying specifications and/or scope of work; determining if a Request for Information (RFI), Request for Proposal (RFP) or Request for Quote (RFQ) is needed; administer the (RFI, RFP or RFQ); negotiate cost effective agreements with key suppliers based on our core values of procurement safety/quality/cost/delivery/morale.
- Work with our suppliers, internal stakeholders and Legal council to negotiate contractual terms and conditions reducing risk to the company. Sourcing Manager negotiates favorable terms with the supplier (driven by company standards) until agreement execution. In addition, coordinate contract change requests as needed.
- Collaborate with Supplier Quality and Performance, Strategic Sourcing and Business Partners to develop suppliers, improve effectiveness and drive down costs.
- Support the framework, metrics, and goals for continuous improvement to achieve process excellence and stay current with industry innovations. The Sourcing Manager works with department Managers, in the development of leading practices for procurement and issue resolution throughout the organization.
- Use appropriate verification techniques (portfolio analyses, market/competitive data) not only to manage contractual obligations, but also to identify opportunities for cost savings
- Manage relationships with key internal stakeholders and suppliers in order to procure high quality products and services that are delivered on-time, within scope and within budget.
- Proactively manage contracts to fully executed status (includes spend and end dates). Ensure commercial, legal and contractual compliances in all procurement transactions including company processes, policies and procedures. Other non-essential duties as assigned or may be necessary
- Knowledge and understanding of the complete procurement cycle, including experience completing Request for Quote (RFQ) and Request for Proposal (RFP) packages.
- Knowledge of business law, commercial terms and conditions, and related legal issues. Negotiations and competitive process
- Ability to provide guidance to develop and evolve sourcing management processes, develop metrics, and engage suppliers on operational, strategic, and financial issues Knowledge of procurement processes and escalation mechanisms.
- Demonstrate advanced ability to influence stakeholders, deliver customer service, and resolve issues effectively and efficiently.
- Ability to analyze drawings, scope or Statements of Work (SOW) to understand key requirements to create, align, and edit sourcing packages and contracts.
- Excellent communication, both written and verbal, supplier management, negotiation, and analytical skillsets.
- Proven experience creating, analyzing, negotiating and editing Contracts with Company standards and reflective of business partner interests
- Proficiency with MS Office suite including advanced Excel, PowerPoint, Word, PowerBI, Service Now, SAP, and Ariba
- Bachelor's Degree in Business, Engineering, Information Technology, Procurement, Supply Chain Management, or other. 2-4 years of relevant experience required
- Certified Purchasing Professional (CPP), Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM)
- Project Management, ITIL, COBIT, ITSM
