Sr Strategic Sourcing
3 days ago
This is a direct hire position and hybrid to downtown Chicago.
Responsibilities:
- Implement processes to collect, manage and analyze procurement data, ensuring the organization has the necessary infrastructure for effective data-driven decision making.
- Oversee KPIs and metrics that measure performance of the Strategic Sourcing function.
- Prepare regular reports for internal and external stakeholders.
- Represent the Strategic Sourcing function by thoroughly assessing and validating all new intake requests, incorporating feedback from diverse stakeholders and customers.
- Integrate data and resulting insights into procurement processes: Collaborate with procurement team and IT to embed analytics tools into the procurement workflow (such as for spend analysis and forecasting, savings analysis, supplier information gathering and analysis for selection, pricing and contract analytics, benchmarking, compliance to sourcing strategies and bid analysis).
- Liaise with IT on requirements and testing for dashboards and reports in various systems including Oracle, ServiceNow, Archer, Apptio, Power BI, Tableau and others
Qualifications:
- The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.
- Strong understanding of business analytics with ample experience in procurement, IT contracts, and/or PMO. Knowledge of the sources of data that support the development and execution of sourcing strategies.
- Process analysis and improvement experience, with the ability to define and reinforce processes.
- Proven ability to collaborate and problem-solve effectively with cross-functional teams by developing partnerships with teams such as Strategic Sourcing, Legal, Finance, IT, Operations to understand, influence and obtain support to achieve objectives.
Qualifications:
- 3+ years’ experience using an ERP system, using data visualization tools, and administering Sharepoint sites.
- Familiarity with analytics capabilities built into procurement-specific software, such as Oracle Fusion.
- Prefer experience in one or more of the following: ServiceNow, Archer, Apptio, Power BI, and/or Tableau.
- Advanced knowledge of Microsoft Office products and applications (Excel, PowerPoint, Word, Visio, etc.)
- 3+ years preferred experience in procurement roles involving strategic sourcing, procure-to-pay, supplier performance measurement, or in supply chain management roles.
- 3+ years of experience working cross functionally with tech and non-tech teams
- 2+ years preferred in project management office, and/or developing, implementing, and evaluating new and revised methods, procedures, and performance standards.
- 3+ years preferred experience in the financial services industry.
- Bachelor’s degree in business management, supply chain, data science, information technology or a related field, OR an equivalent combination of experience, skills, training and education.
- Optional: Certifications in data science, business analytics, or supply chain are beneficial.
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