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Sourcing Specialist
2 months ago
The Sourcing Specialist's primary role is to promote and implement tactical sourcing activities, while proactively managing assigned commodity and supply base. This position will construct RFx and are responsible for negotiating products or services from strategic suppliers. This position is responsible for establishing and maintaining supplier relationships to seek maximum value for the Company including total cost of ownership. This position will report to the Sourcing Supervisor and is downtown Houston, TX. Hybrid work schedule is an option for remote work on Mondays and Fridays. Level and salary commensurate with experience.
Essential Job Functions
- Develop RFx, obtain and analyze quotations, lead sourcing efforts, and negotiate total cost elements for assigned commodity and with key suppliers, in line with Operation strategies.
- Recommend opportunities to reduce total cost through new sources, substitutions, improved systems or methods, and other supply chain management techniques such as target costing, negotiations, etc.
- Analyze current market trends and track appropriate indices for key components of the Company's business to anticipate price fluctuations and potential market shortages
- Review contracts and master service agreements for exceptions, negotiate changes, and assist with legal reviews
- Review and interpret complex requirements, construct compliant and competitive proposal inputs, directly negotiate and manage large and complex Master Service Agreements and pricing contracts
- Identify and manage new product development opportunities and integrate new business units into the sourcing efforts.
- Evaluate alternative proposals and select the most effective approach to meet objectives
- Identify and select suppliers that can provide the required quality, flexibility, reliability, and pricing for select services and commodities
- Supplier Relationship Management - participate in regular supplier audits and monitor key performance indicators (KPI's) through, but not limited to, quarterly and annual business reviews
- Maintain and monitor the Approved Supplier List (ASL) with input and feedback from Operation
- Prepare periodical reports as agreed with management
- Immediate reporting of non-conformances with follow up until resolved
- Employees may be assigned other duties, in addition to, or in lieu of those described above, according to the needs of the location or Company
Minimum Qualifications
- Bachelor's Degree in Supply Chain Management, Finance, or related field
- Excellent communication skills (both verbal and written)
- Strong interpersonal and analytical skills and the ability to work with internal and external contacts
- Proficient user of Microsoft Office applications, specifically Microsoft Excel, Word, and PowerPoint
- Strong attention to detail
- Strong organization and problem-solving skills as well as the ability to work independently with changing priorities
- Ability to think strategically with excellent quantitative skills
- Strong initiative and proven project management skills
- Ability to work in a fast-paced and fluid environment; flexible with the demands of a growing company
- Ability to meet deadlines
- Physical Requirements and Working Conditions: Must possess the ability to work in a standard office setting and to use standard office equipment, including a computer, copier, files, telephone, and fax; maintain attention to detail despite interruptions; vision to read printed materials and a computer screen, and hearing and speech to communicate in person and over the telephone
Preferred Qualifications
- 5 years experience in sourcing or contract management
EEO Statement:
Chord Energy does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.