Sourcing Specialist

Job description

Strategic Sourcing Support Support sourcing initiatives throughout the procurement lifecycle. Assist in managing competitive sourcing events including RFIs, RFPs, and RFQs. Conduct supplier market research, benchmarking, and spend analysis. Analyze supplier proposals and prepare commercial comparisons and recommendations. Assist in identifying cost-saving opportunities and process improvements. Prepare sourcing documentation, presentations, and business cases.

Support supplier evaluations and selection activities. Contract & Commercial Support Support the review of supplier agreements and commercial proposals. Assist in drafting, reviewing, and processing procurement documentation, including: Statements of Work (SOWs) Non-Disclosure Agreements (NDAs) Order Forms Service Agreements Amendments and Renewals Coordinate contract review and approval workflows. Track contract expirations, renewals, and key contractual obligations.

Support contract repository and documentation management. Participate in commercial discussions and supplier negotiations under the guidance of senior sourcing professionals. Stakeholder Engagement Partner with business stakeholders to understand sourcing requirements and procurement needs. Provide sourcing and procurement support throughout the sourcing lifecycle. Coordinate with Legal, Compliance, Finance, Risk, Information Security, and Third-Party Risk Management teams.

Build productive working relationships with internal stakeholders and suppliers. Prepare reports, analyses, presentations, and management updates. Analytics & Reporting Perform spend analysis and procurement reporting. Support budget, savings, and sourcing metrics tracking. Develop dashboards and reports to support decision-making. Conduct data analysis to identify trends, risks, and sourcing opportunities. Process Improvement Contribute to procurement process improvement initiatives.

Support sourcing governance and compliance activities. Assist with audit requests and documentation reviews. Participate in departmental projects and transformation initiatives.