Sourcing Specialist

Sourcing Specialist at BGIS

BGIS is currently seeking a Sourcing Specialist to join the team in Nationwide, US.

The Sourcing Specialist is responsible for identifying the sourcing needs of clients, developing supplier relationships, utilizing strategic approaches, and obtaining competitive bids. The Sourcing Specialist demonstrates BGIS values in communication with clients and team members.

Responsibilities

Key duties and responsibilities for this Sourcing Specialist role include:

Sourcing Planning & Strategy

• Engage stakeholders to understand business requirements.
• Develop and recommend category plans for manager review.
• Implement category plan.
• Develop and recommend sourcing strategies that maximize value and mitigate risks to the company and its clients.
• Implement sourcing strategy.
• Review and measure the effectiveness of the strategy.
• Contribute to the completion of other key initiatives as assigned.

Supplier Relationship Management

• Develop and maintain effective relationships with suppliers.
• Execute end-to-end competitive bid process for assigned categories.
• Negotiate with suppliers to secure optimum cost and maximum value.
• Identify and implement performance metrics to measure supplier performance.
• Measure and manage supplier performance.
• Report on supplier sustainability and performance for assigned categories.
• Negotiate, develop, implement, amend, and monitor supplier contractual agreements.

Best Practices & Efficiency

• Complete vendor qualification, review and approve vendor set up and vendor information changes.
• Perform opportunities assessment activities and facilitates leverage across all client accounts.
• Review and approve purchase orders.
• Achieve improvements in operational efficiencies and cost savings as a result.
• Maintain in-depth and current category knowledge as well as knowledge of strategic sourcing best practices and industry trends.
• Provide category and strategic sourcing subject matter expertise.

Required Knowledge & Skills

• Bachelor’s Degree, professional certification, or equivalent work experience.
• Minimum of 2 years performing job duties in a similar role.
• Proactive and positive client service orientation.
• Exceptional interpersonal skills.
• Maintains current knowledge of strategic sourcing requirements and practices.
• Ability to develop and execute category management strategies and plans.
• Collaborative approach and team spirit to build and manage relationships with various stakeholders.
• Advanced influence, persuasion, and negotiation skills demonstrating emotional intelligence.
• Organizational skills and ability to manage multiple projects simultaneously.
• Aptitude to develop and execute supplier contract agreements.
• Advanced analytical and problem-solving skills.
• High degree of integrity, business ethics, and accountability.
• Tenacity to overcome challenges and deliver on commitments.
• Proficiency in Microsoft Office applications.
• Quick learner in navigating proprietary databases.

Physical Demands and Work Environment

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship. Ability and willingness to travel. Current valid driver’s license and ability to provide personal transportation for meetings and job visits away from the office with reimbursement.

Key skills/competency

• Sourcing
• Supplier Relationship Management
• Strategic Sourcing
• Negotiation
• Category Management
• Contract Management
• Competitive Bidding
• Vendor Qualification
• Cost Savings
• Microsoft Office