Sourcing Specialist
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Job Summary
Job Description Summary
Negotiate with dedicated providers according to specific policies. Achieve the best contractual conditions while also ensuring internal customer -depth understanding of key business drivers; uses this understanding to accomplish own -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
Requirements/ Qualifications:
Bachelors 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
Additional Information
Relocation Assistance Provided: No
Required Experience:
IC
Key Skills
- Purchasing
- Sourcing
- Procurement
- Vendor Management
- ATS
- HR Sourcing
- Supply Chain Experience
- Supplier Management
- Contract Negotiation
- negotiation
- Contracts
- Recruiting
About Company
GE Vernova's Asset Performance Management software can help you increase asset reliability, minimize costs and reduce operational risks. View a demo today.
