Sourcing Consultant

5 days ago

Conshohocken, PA, United States Velocity Procurement Full time
Position Description

The Sourcing & Procurement Consultant or Senior Consultant is responsible for partnering closely with our clients' sourcing and procurement departments and other functional stakeholders to support various business improvement initiatives with a goal of achieving deeper and sustainable cost savings.

Candidates must be self-starters with proven experience leading strategic sourcing projects. A strategic mindset, agility, and the ability to learn quickly are vital. The ability to take on new challenges and extend beyond one's comfort zone is required.

Role Summary:
  • Lead multiple teams (Client and Velocity) on the execution and delivery of large-scale transformational sourcing projects, end-to-end, through input and guidance around category and sourcing strategy
  • Validate efficiencies specific to TCO (total cost of ownership) analysis and market research to develop robust sourcing strategies and recommendations
  • Build, maintain and manage relationships with key client stakeholders
  • Manage process for engaging with client suppliers to identify continuous cost improvement opportunities
  • Lead process discussion with client stakeholders to identify improvement opportunities
  • Schedule and lead presentations on project results including identified savings and recommendations to client executives
  • Create and explain score cards that provide in-depth analysis on sourcing results to guide client decisions
  • Act as subject matter expert on all sourcing to contract activities for both internal and client stakeholders. Represent thought leadership and a deep understanding of category cost drivers and market intelligence. Support business development pursuits.
  • Demonstrate leadership guiding teams on source to contract and category management
  • Create, develop and expand category eminence, strategies/services to demonstrate Velocity's expertise and market presence.
  • Manage team's build out of category knowledge and category strategies
  • Stay up to date on industry trends and leading-edge practices
  • Delegate action to teams to address escalated issues to ensure client satisfaction
  • Finalize consulting decisions by guiding teams through large complex negotiations and contracting process
  • Provide mentoring and motivate diverse client engagement teams by delivering constructive on-the-job coaching to team members, while fostering an innovative and inclusive team-oriented work environment.
  • Drive high-quality work within expected timeframes and within budget. Monitor progress, manage risk and ensure clients are kept informed about progress and expected outcomes.
  • Build relationships with client personnel and deliver quality client services. Strive to assist our clients to uncover additional areas of opportunity and manage the business development process.
  • Understand Velocity and its service lines and actively assess what the firm can deliver to better serve our clients.
Our ideal candidate will have:
  • Understand Velocity and its service lines and actively assess what the firm can deliver to better serve our clients.
  • A bachelor's degree or master's degree
  • 5+ years of experience of sourcing and procurement (in a consulting environment is a plus)
  • Minimum of 5 years of experience working across indirect and direct spend categories
  • Demonstrated expertise in sourcing and procurement
  • Demonstrated ability to mentor and lead a team of professionals on multiple projects
  • Ability to scope client engagements and leading the client proposal process
  • Deep knowledge in at least one of the specific areas of expertise: strategic sourcing, category management, total supplier risk, source to pay, procure to pay, supplier relationship management, or spend analytics
  • Ability and openness to travel infrequently on an as-needed basis
  • Candidates must be eligible to work in the Unites States without limitation
  • Experience gained within another large professional services organization
  • Established networking skills in a relevant industry
  • Excellent written and verbal communication, interpersonal, facilitation, and presentation skills
  • Flexible and adaptable to changes from the client or internal stakeholders
  • Demonstrated track record of delivering results
  • 5+ years of experience providing and/or leading the following activities:
    • Developing project workplans including defining activities and milestones
    • Performing historical spend analysis to establish baseline and developing savings model using Excel
    • Executing Total Cost of Ownership (TCO) analysis
    • Experience/knowledge in one or more of the following categories - IT/Telecom, Marketing, Facilities, HR, MRO, Professional Services, or Travel

  • Proficient with Microsoft Office Suite

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