Sourcing Specialist

3 days ago

Rockville, Maryland, United States ALTA IT Services, LLC Full time
Job Title: Sr Sourcing Associate

Location: Remote EST

Role Type: 1 Year Contract to Hire

Please Note: There are quarterly meetings onsite in Baltimore, MD

W2 only / NO Corp to Corp available for this assignment

Qualification Requirements:
  • Required:
  • Bachelor's degree or equivalent experience
  • Four (4) to six (6) years' experience in a relevant functional assignment (e.g. Professional Services, Facilities, HR, Marketing, IT, IT Services, or other applicable procurement focus area)
  • Extensive experience in managing the end-to-end sourcing process from requirements gathering through RFx and contracting
  • Robust pricing and contractual negotiations with suppliers
  • Effective presentation and influencing skills to interface with multiple levels of management
  • Experience in analyzing pricing and determining price reasonableness
  • Proven experience with key category suppliers
  • Experience in IT Procurement
  • Experience in Federal Procurement preferred but NOT required
Skills and Abilities:
  • Excellent project and time management skills including but not limited to risk assessment, workplan development and management
  • Developed analytical, organizational and coordination skills
  • Able to apply complex problem-solving abilities to achieve problem ad process solutions
  • Ability to spot, communicate and mitigate issues
  • Flexibility and ability to work independently as well as part of a team
  • Must be able to effectively work in a fast-paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time
  • Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence
  • Must be able to effectively communicate and provide positive customer service to every internal and external customer
Desirable:
  • Experience in the Health Insurance industry
  • Knowledge of the Federal Acquisition Regulation (FAR)
Principal Accountabilities:Duties and Responsibilities
  • Lead Stakeholder Engagement and Sourcing Initiatives:
  • Collaborates with business stakeholders and procurement management to determine sourcing category strategy
  • Responsible for working with business stakeholders and procurement management to frame and develop project objectives, requirements, and sourcing strategy prior to supplier engagement
  • Drafts and leads the applicable sourcing process through scoring and completion (e.g. RFx, sole source, etc.)
  • Acts as primary contact with potential suppliers during the RFx, selection, and negotiation process
  • Leads supplier negotiations throughout RFx and contracting process to achieve optimal savings, value, and risk profile
  • Negotiate and Draft Contracts:
  • Implements the sourcing strategy and negotiation and redlining process with the supplier to draft contracts that accurately capture business, technical, and legal requirements (including contractual and purchase order documentation)
  • Acts as liaison with business owner and supplier during negotiations
  • Works closely with legal and risk groups to ensure consistent communication and socialization of significant legal and risk issues throughout the negotiation process
  • Interacts routinely with legal and business owner to resolve issues
  • Responsible for the preparation and submission of documentation for consent from the Federal Government (as applicable)
  • Ensures and adheres to corporate purchasing policy directives and Federal Government regulations
  • Ensures compliance with contractual requirements for Federal Employee Program and other state and local contracts specifically related to MBE/WBE requirements and reporting
  • Consolidates requirements and coordinates with management to determine the most suitable method of purchase such as spot purchase orders, contracts, blanket orders and supplier stocking arrangements
  • Supplier Management:
  • Ensures procurement process is followed and all documentation is complete and accessible in the Ariba source to pay system
  • Analyzes and compares service and/or product offerings and specifications, investigates future renewal requirements and options, and resolves contract and invoice discrepancies
  • Manages existing contracts to anticipate and prepare for ongoing renewals
  • Provides other services related to the sourcing, contracting, and supplier management function as required
  • Knowledge of Ariba or similar procurement automation tools

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