Procurement Sourcing Administrator

  • Location: Newark, NJ
  • Type: Direct Hire
  • On-Site
  • Job #8995

Sourcing needed products and services that deliver best value to the business.
The direct Procurement leader is responsible for developing the direct sourcing strategy and implementation.
Scope of the role includes; supplier market research, vendor selection, category strategy management, value analysis (price, quality, quantity, time…), negotiation, buying, risk mitigation, supplier relationship management & contract administration.
Purpose of the role is to achieve measurable improvements in sourcing, by reducing costs, improving efficiency and improving supplier performance.
Key responsibilities:

  • Oversee internal Indirect Sourcing activities to deliver cost savings, supplier consolidation and improve suppliers.
  • Developing & executing the overall direct Sourcing strategy for the organization in close collaboration with Senior Management.
  • Market research and analysis in order to develop expertise in core categories including product knowledge, industry dynamics and Market trends
  • Perform data analysis and utilize financial acumen to identify opportunities to leverage scale, and drive best value proposition/vendor selection for the organization
  • Develop expertise in contract requirements in order to negotiate the most favorable pricing and contract terms and conditions.
  • Develop comprehensive risk mitigation plans to ensure uninterrupted supply of products.
  • Implement rigorous supplier relationship management processes.
  • Strong project and process management in order to execute global & regional sourcing strategy
  • Management of Indirects functional budget

Resources managed:

  • Direct responsibility for a team of 6 Category Strategy Managers / Procurement leads.
  • Direct sourcing operational budget.
  • Sets targets and achieves cost savings through Strategic Sourcing.
  • Supports key stakeholders up to and including Executive level through the annual budgeting cycle in addressing the impact of their Indirect spend.
  • Global scope impacting across all functions.

Education & Experience:

  • Bachelor’s Degree preferred
  • Minimum 10yrs experience in construction, preferably in Fire Sprinkler
  • Deep and broad sourcing experience and expertise
  • Significant experience of performing Strategic Sourcing roles in procurement category management
  • Ability to work with management located in other countries.
  • Demonstrable track record of achieving results in managing complex, cross-functional activities.

Technical Skills:

  • Solid business/financial & project management skills
  • Microsoft Office; Advanced Excel, Outlook
Estimated Compensation: $100,000 - $150,000 Per Year
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