Overview
Skills
Job Details
Job Title: Sourcing Specialist II
Industry: Mass Media & Entertainment
Location: Bristol, CT (Hybrid, 4 days per week on-site)
Duration: 6 months +
Rate: $46.89/HR W2
Summary: Join a dynamic team that is responsible for the strategic sourcing of Technology for our client, building relationships with key executives, advising on market engagement to identify the best supplier partners, leading deal negotiations, and helping to optimize cross segment supplier relationships. You will work on a wide variety of initiatives across multiple lines of business that will keep the role exciting, exposing you to many new technologies and suppliers in the Media and Entertainment ecosystem and enabling your growth in strategic thinking, category management, relationship building, creative problem solving, process improvement, innovation sourcing, and other key skills that will develop you as a strong business leader. You will also be tasked with developing subject-matter expertise, through research, networking, leading key projects and building relationships with leaders in the various disciplines. Every day is different, and there are countless opportunities to contribute value to the business, while growing your own skills & capabilities.
Responsibilities:
The focus of this role is to partner with technology business stakeholders to make smart sourcing decisions in selecting suppliers to maximize the value of our annual spend for Technology, and to mitigate risks through smart contract negotiations. This includes running RFP s, negotiating enterprise & segment level deals, managing supplier relationships, recommending best-in-class suppliers & innovations, facilitating process improvements and bringing stakeholders across the segments together for collaboration and leveraging opportunities. We serve as the connective tissue across the segments, creating broader opportunities than what is possible at the segment level.
The Sourcing Specialist will be accountable for leading and supporting sourcing initiatives/projects as part of Sourcing s Annual Operating Plan with each respective Business Segment and will be accountable for delivering against them. The individual will also provide input on sourcing strategies that drive value and efficiency. This position will ensure consistency in approach and quality and depth of analysis during the sourcing process.
Contributes to a Category or Segment Sourcing team and is accountable for operationalizing and implementing Sourcing Strategies
Contribute to structured negotiations following pre-defined Strategic Sourcing methodology.
Assists in the development and facilitation of technology vendor Requests for Proposals including software and IT services
Evaluates total cost/supply analysis and conduct spend data cleanse to identify cost reduction opportunities and support strategic initiatives
Prepare or assist in the preparation of vendor and spend analytics, creation of vendor profiles, and other relevant sourcing documents.
Utilize market research tools and platforms to analyze market conditions, develop comprehensive market reports and provide valuable insights to drive effective category strategy
Communicate and report to management the status of any critical external relationships that could affect planning and decision.
Participate in cross-functional sourcing projects with key internal stakeholders.
Review and update contract drafts with the ability to identify key business terms
Ensure compliance with Sourcing and Procurement policies and best practices.
Demonstrate exemplary integrity and ethics in all instances.
Basic Qualifications:
- A minimum 2+ years of relevant work years or progressive experience in a Strategic Sourcing or Technology Business environment
Strong analytical/project management skills.
Excellent communicator able to demonstrate communicating effectively with senior management.
High-energy, self-motivated with a desire to excel in a multi stakeholder environment.
Deliverable-focused, with strong work ethic
Excellent written and verbal presentation skills.
Knowledge of Strategic Sourcing & Procurement and Category Management processes/methodologies.
Capable of managing multiple initiatives
Preferred Qualifications:
- Experience in the Media and/or Entertainment Industry
Experience in a Technology environment
Technical and/or Sourcing expertise in one or more relevant areas of technology, such as digital content management, application development and/or maintenance, service-based solutions (e.g., SaaS, IaaS, etc.), global telecommunications, social media platforms, customer relationship management, etc.
Experience implementing projects against category plans.
Experience with Coupa, SAP and Sourcing Project Mgmt. Systems
Required Education: Bachelor's degree in relevant area such as supply chain management, engineering or business required. Or equivalent work experience.