Strategic Sourcing Generalist (Marketing category)

Pay Range: $40 - $50/hr. The pay rate may differ depending on your skills, education, experience, and other qualifications.

Featured Benefits:

• Medical Insurance in compliance with the ACA.
• 401(k).
• Sick leave in compliance with applicable state, federal, and local laws.

Required Skills

• Profile: the team wants a 3–5-year profile with strategic sourcing experience within the respective category.
• The selected candidates will manage deals under $100k in addition to other support.
• The ideal candidate is in the career level stated with RFP/RFI strategies, strong communications and be able to think big picture and tactical.
• Solid sense of commercial procurement strategies and contract negotiations.
• Not ideal for buyer profile or those over-qualified.

About the Role:

• The Strategic Sourcing Generalist will support procurement initiatives and contract management activities across multiple categories of spend for contracts <$100k in annual value.
• These activities may include, but are not limited to contract negotiation and execution, market research, and identifying opportunities for vendor consolidation.
• The Strategic Sourcing Generalist will partner closely with cross-functional stakeholders, including Legal, Finance, and any stakeholders related to the categories they support.

Key Responsibilities

Strategic Sourcing & Category Management:

• Lead the development and execution of sourcing strategies to optimize spend, reduce risk, and enhance value and is aligned with organizational objectives.
• Identify, evaluate, and make recommendations on selection of suppliers and technologies across areas such as Software, Cloud and Hosting, Cybersecurity, Emerging Tech and other Technology related services.
• Understand the current supplier landscape and identify opportunities to consolidate demand and drive cost savings while maintaining service quality.
• Proactively update sourcing strategies based on market analysis and risk assessment, aligning with organizational goals and industry trends

Supplier & Contract Management:

• Lead supplier selection, performance management, and relationship development in partnership with internal stakeholders for contracts >$100K
• Lead negotiations of commercial terms, service-level agreements (SLAs), and licensing models to achieve favorable cost, risk, and performance outcomes.
• Partner with Legal, GRC and Information Security teams to ensure all security and business term requirements are included in contracts.
• Manage ongoing supplier relationships, performance reviews, and escalation processes.

Cross-Functional Leadership & Collaboration:

• Serve as a trusted advisor to business units on category related procurement and sourcing matters for their respective scope.
• Proactively engage with stakeholders to understand their goals and planned initiatives. 
• Facilitate cross-functional collaboration to improve contract compliance, supplier performance, and policy adherence.

Data & Process Excellence:

• Gather and analyze spend data to benchmark and identify opportunities for savings and efficiency.
• Create category specific cost models, including TCO analyses, to support data driven sourcing recommendations and track impact against organizational goals and metrics
• Adopt and leverage existing Procurement tools and platforms, as well as enterprise AI tools, to deliver value driven insights and recommendations

Bachelor’s degree required; MBA or advanced degree preferred.

• 3+ years of experience in strategic sourcing, procurement, or supplier management, with at least 3 years focused on either:
• Technology category sourcing
• Marketing and Professional Services Category sourcing
• Familiarity with ERP systems, supplier management systems, and contract lifecycle management tools.
• CPSM, PMP, Lean/Six Sigma, or ISM certification preferred

Skills & Attributes:

• Basic knowledge of sourcing categories: Technology or Marketing & Professional services, including suppliers, market trends, etc.
• Strong analytical, financial, and strategic problem-solving skills, including ability to deliver data-based insights to support strategic recommendations
• Excellent communication and presentation abilities, with experience influencing stakeholders.
• Demonstrated ability to build and maintain collaborative relationships across diverse teams.
• High level of integrity, initiative, curiosity, and organization.
• Comfort with fast-paced, cross-functional mission-driven environments.