Sourcing Strategist

7 days ago


Limerick, Limerick, Ireland Verizon Communications Full time

At Verizon Communications, we are shaping the future of technology and connectivity. As a Sourcing Specialist, you will play a key role in driving our company's success by developing and executing sourcing strategies that meet our business needs.

Job Summary:

  • Develop and execute sourcing strategies to achieve the best total value
  • Manage the seven steps of the sourcing process including spend analysis, market research, supplier due diligence, sourcing strategy, RFX management, bid analysis, and contract management
  • Create sourcing strategies that get us the materials and services we need at the right price, time, and quality while mitigating risk

Responsibilities:

  1. Identify and evaluate potential suppliers, core competencies using industry cost models, RFX development, and execution, proposal evaluation, total cost of ownership, and supplier selection recommendation
  2. Analyze financial and business data related to supplier proposals and capability assessments to support the development of the Verizon supply base, including ownership and management of key suppliers and partners
  3. Support the development and management of cross-functional teams, strategic sourcing processes, contract negotiation, contract administration, utilizing sourcing systems, supervising supplier performance, analyzing financial data, business planning, administration, and analysis
  4. Negotiate contract terms with suppliers at senior management level and execute contracts in liaison with the legal and contract management team to bring in the best possible cost service guarantee and develop win-win strategies that achieve sustainable relationships with suppliers

Requirements:

  • Bachelor's degree and relevant work experience
  • Ability to draft statements of works/master agreements/amendents independently
  • Experience in Ariba, SAP, Google Suite & Microsoft Suite applications
  • Willingness to work flexible shifts to meet project completion requirements
  • Willingness to continuously learn new tools, solutions, and emerging technologies
  • Ability to lead meetings/conference calls and give presentations to large audiences
  • Knowledge of data analysis, forecasting tools, and ability to develop measurable insights from data

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