What are the responsibilities and job description for the Sourcing Specialist position at UL Solutions?
This position is hybrid out of Northbrook, IL
- This position requires knowledge of supplier onboarding, system integration, market analysis, TCO usage, RFQ/RFI capability.
- Owns strategic sourcing process in supplier selection, management of supplier service level agreements and contract review and negotiations for assigned commodities.
- This position is the relationship manager in collaboration with the appropriate internal client for all external supplier relationships for assigned commodities.
- This includes maximizing supplier relationships, managing supplier expectations and building supplier relationships.
- Recognized as an industry and product expert in the assigned commodities.
- This includes keeping up to date on new products and materials and managing the introduction of said items in an economically advantageous way for UL.
- Maintain, re-evaluate, and expand reliable sources of supply and secondary sources as alternates in order to promote appropriate competition.
- Leverage and collaborate with internal UL clients to maximize cost, delivery and quality value to UL.
- University Degree (Equivalent to a U.S. Bachelors' degree) in Business Administration or a related field.
- 2 years of procurement experience.
- Proficiency in Excel, speficially with analyzing spend data/market analysis.
- Oracle ERP system experience preferred.
- Demonstrated ability to lead high value medium complexity sourcing teams.
- Detailed knowledge of Sourcing and Supplier Management.
- Detailed knowledge of purchasing principles.
- Detailed knowledge of negotiating techniques and principles.
- Detailed knowledge of business and contract law.
What we offer:
Total Rewards : We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $76,000 to $80,000 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary. This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday including floating holidays (12 days) and sick time off (72 hours).
Learn more:
Curious? To learn more about us and the work we do, visit our company page www.UL.com
Salary : $76,000 - $80,000
