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Strategic Sourcing Specialist
4 months ago
A large midstream service provider is seeking a detail-oriented Strategic Sourcing Representative to join their procurement team located in The Woodlands, Texas. The ideal candidate will be responsible for developing and implementing sourcing strategies to drive cost savings, optimize supplier performance, and ensure the timely acquisition of high-quality materials and services. This role involves conducting market analysis, negotiating and developing commercial contracts, and fostering strong relationships with suppliers and stakeholders. The Strategic Sourcing Specialist will collaborate cross-functionally to support the company’s overall business objectives and enhance supply chain efficiency.
This is a contract to hire (permanent) position working a hybrid schedule - 3 days in the office.
Qualifications:
- Minimum 5 years of experience
- Proven experience in developing and executing sourcing strategies.
- Prior experience in vendor management, negotiations, and contract management.
- Bachelors Degree - preferably within supply chain, sourcing, finance, or business
Preferred:
- CPSM or CPSD
Responsibilities:
- Develop and implement sourcing strategies to optimize costs and improve the efficiency of the supply chain.
- Develop and implement vendor management strategies to optimize costs and improve Operations support.
- Responsible for leading the RFP process including defining stakeholder requirements, performing spend analysis, financial due diligence, analysis of corporate compatibility, preparing and issuing bid proposals/packages, acting as the single point of contact for communications, leading supplier evaluations and scoring process, and final supplier selection in conjunction with stakeholder alignment.
- Negotiate contracts and agreements with suppliers to secure favorable terms and conditions while maintaining strong working relationships.
- Promotes and upholds the company's commitment to safety both internally and with our suppliers and contractors.
- Management of large projects and strategy, which includes accountability for success, process, and strategy to support the organization.
- Accountable for success and strategies of designated function in alignment with WES policies.
- Define and present to manager Supplier strategies, including management and optimization of suppliers.
- Finalizes and negotiates terms and conditions of purchase, blanket, and service orders in line with procurement policy and legal requirements.
- Identifies and implements process improvements or technology to increase the effectiveness of established systems.
- Develops relationships with external vendors and customers.
- Provides training and mentoring support to team.
- Responsible for operational success, strategic alignment, and integration of activities with other major organizational functions.
- Assumes responsibility for the successful implementation of plans in a defined area of responsibility with strong business acumen.
- Develops strategy, aligned with SCM policy and direction and is fully accountable for the success of the designated function.
- Makes decisions for large-scale initiatives and projects involving own and possibly related functional areas.
- Supports a significant number of measurable functional, operational, and strategic goals or priorities.
- Applies subject matter knowledge to manage activities in solving most complex business/technical issues within established policies.
