Job Description

Job Summary

This role is crucial in developing and implementing sourcing strategies for Direct Sourcing Tail Spend. The responsibilities include executing spot buys, direct negotiations, and managing project-related activities across multiple categories.

Key Responsibilities

• Lead strategic and tactical sourcing activities for the Direct Sourcing Tail Spend.
• Gather and analyze data using procurement spend analytics tools.
• Develop negotiation strategies and secure deals with optimal terms for assigned categories.
• Negotiate improved commercial conditions for the tail spend portfolio.
• Conduct cost and scenario analysis, and benchmarking to develop sourcing strategies.
• Use market intelligence tools to research and identify potential market trends for raw materials
• Manage multiple negotiation processes concurrently, ensuring timely and effective outcomes.
• Track and report key functional metrics to enhance effectiveness and control for the Direct Sourcing Tail Spend.
• Leverage AI tools to enhance the efficiency and effectiveness of direct negotiations with suppliers.

Competencies

Functional & technical skills

• Sourcing expert with extensive experience in sourcing processes, supplier management, and contract negotiations.
• Proficient in sourcing tools (e-sourcing, spend analytics, ERP, and supplier management software).
• Demonstrated experience in negotiating agreements with suppliers to secure better commercial terms.
• Desired: Broad experience across various Direct Sourcing Categories.
• In-depth understanding of procurement processes and best practices, including the use of AI tools.

Leadership & Behavioral

• Demonstrates the ability to quickly adapt to changing circumstances and environments. embracing new challenges and adjusting strategies to meet evolving business needs.
• Desire to grow as a sourcing specialist and develop category expertise across Direct Sourcing Portfolios (e.g., Electrical, Mechanical, Packaging, Lab Supplies, or Chemicals).
• Thrive in an entrepreneurial environment; a self-starter who seeks to improve existing processes.
• Strong customer service orientation, committed to meeting internal customer needs.
• Independent worker with the ability to track and manage personal deadlines.
• Ability to gather, identify, and analyze data to make sourcing decisions.
• Analytical thinker who uses data and insights to make decisions; capable of preparing analyses to develop sourcing strategies, and scenarios, and identify savings opportunities.
• Foster strong relationships with management and other key stakeholders, maintaining open lines of communication and facilitating collaborative decision-making.

Experience & Qualification

• Over 5 years of procurement negotiation experience, preferably in direct categories.
• Proven experience as a buyer, senior buyer, purchasing specialist, agent, or officer.
• Bachelor's degree in engineering, supply chain management, operations, or business administration required.
• High proficiency in English, both verbal and written.