Sourcing Specialist

Job Description Summary

Negotiate with dedicated providers according to specific policies. Achieve the best contractual conditions while also ensuring internal customer satisfaction. In-depth understanding of key business drivers; uses this understanding to accomplish own work. In-depth understanding of how work of own team integrates with other teams and contributes to the area.

Job Description

Roles and Responsibilities:

• Define and implement supplier strategy, including supplier panel management, performance optimization, and rationalization.
• Lead commercial negotiations with suppliers and allocate sourcing requirements accordingly.
• Negotiate terms and conditions in alignment with company policies and coordinate with Procurement for contract finalization and execution.
• Manage supplier claims and commercial escalations to ensure timely resolution and risk mitigation.
• Drive commercial sourcing activities, including cost analysis, benchmarking, negotiation preparation, and total cost modeling.
• Deliver cost savings and cost avoidance initiatives while ensuring optimal Total Cost of Ownership (TCO).
• Develop in-depth expertise within the assigned sourcing/commodity area and apply functional policies and strategies effectively.
• Communicate effectively with cross-functional stakeholders regarding sourcing strategies, supplier performance, and commercial outcomes.
• Provide informal guidance and knowledge sharing to new team members.
• Influence projects, processes, and procedures within the discipline, operating with a moderate level of autonomy.
• Exercise professional judgment in decision-making, seeking senior guidance where required.
• Utilize analytical thinking and technical expertise to solve complex sourcing and supplier-related challenges.
• Collaborate with internal stakeholders across functions to support informed commercial decisions.
• May support operational purchasing activities where required

• Bachelor's degree from an accredited university or college; alternatively, a high school diploma with substantial relevant experience
• Major experience in Sourcing and Commodity Management
• MCIPS qualification (completed or in progress)
• Strong verbal and written communication skills
• Demonstrated analytical and problem-solving capabilities
• Ability to plan, document, and execute sourcing strategies and programs effectively
• Established project management skills with the ability to manage multiple priorities
• Strong stakeholder management and negotiation skills