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Strategic Sourcing Specialist
1 month ago
The Strategic Sourcing Specialist role is responsible to execute strategic sourcing initiatives in a specific category; work with business stakeholders to ensure data accuracy and specification of materials and service being sourced/procured; provide customer relationship support and track vendor performance; and assess elements of the supply base and help define, execute, and support strategic sourcing and procurement decisions.
What You'll be Doing:
Assist with the collection, analysis, benchmarking, and reporting of category and spend data to build and maintain category spend and pricing databases.
Develop and issue RFX’s.
Lead basic and moderately complex sourcing events.
Review contracts, pricing, purchase orders, and service levels.
Perform value analysis and total cost of ownership analytical activities.
Monitor and report savings to Strategic Sourcing Lead.
Interview stakeholders to develop service specification levels.
Participate in cross-functional teams that will assess the opportunities and supply markets to develop, implement, and institutionalize various sourcing strategies.
Maintain and help build supplier relationships.
Manage strategic category management processes, procedures, supplier and category segmentation, metrics/KPI development and application, scorecard format, contract management, etc.
Gathers and reviews data to support category management/strategic sourcing activities (i.e. specifications, statements of work, performance terms, and/or acceptance criteria)
Manage the sourcing process from analyzing the vendors' proposals, communicating between stakeholders and determining a negotiation strategy.
Develop and execute pricing and contract negotiation strategies; understanding the financial impact of all negotiations and assisting the Strategic Sourcing Lead with negotiations and contract pricing and terms.
This job profile is not meant to be all-inclusive of the responsibilities of this position; may perform other duties as assigned or required.
What You'll Bring with You (Qualifications):
Bachelor’s degree preferably in Business or Supply Chain required, or equivalent job experience.
1-3 years of experience in sourcing, contract negotiation, competitive price analysis, and purchasing.
3+ years of experience in sourcing, contract negotiation, competitive price analysis.
Retail or Consumer-facing industry preferred.
Superior quantitative and qualitative analytical skills.
Strong experience with the use of analytical methods and tools.
Ability to function in ambiguous and/or time-sensitive situations.
Strong listening and interpersonal skills.
Self-directed, requiring limited guidance and/or structure.
Good communication and team skills.
Advanced knowledge of Microsoft Excel.
Experience with SAP/Ariba a plus.
Aptitude for conducting wide-ranging research.
Financial acumen preferred.
Leadership and team-building abilities.
Active curiosity—enjoy gathering and digging deeply into data to identify opportunities and risks.
Ability to develop communications and present to cross-functional partners.
Strong organizational, planning, and time management skills with the ability to prioritize multiple/competing projects and assignments.
We opened our doors more than 85 years ago with the goal of helping people provide for themselves and their family. Today we’re a multi-billion-dollar retailer with more than 70,000 employees across six states. Our Midwest geography includes corporate offices in Grand Rapids, Michigan, plus manufacturing facilities, distribution centers, and over 240 stores across Michigan, Illinois, Indiana, Kentucky, Ohio, and Wisconsin.
Meijer is an Equal Opportunity Employer, fostering a diverse and inclusive workplace. We are committed to treating all persons with dignity and respect. Meijer's policy is to not discriminate because of any applicant or team member's race, color, national origin, sex, sexual orientation, gender identity or expression, pregnancy, religion, age, physical or mental disability, uniformed service or veteran status, or any other lawfully protected classification. If you have a disability and require a reasonable accommodation to complete any part of your application, please click here to submit your request. Submissions that are not seeking help to complete the application due to a disability will not be responded to.
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