What are the responsibilities and job description for the Sourcing Agent position at iTech Solutions?
Job Description
Onsite preferred. Possibility of hybrid.
1. Role and Scope of Position:
The Sourcing Agent is responsible for driving procurement sourcing strategies, managing the bid process and negotiating the purchase of materials, equipment and services for medium dollar/complexity requirements. This position serves as a representative for the group and ensures compliance to established procurement policies, processes, and controls.
2. Essential Functions:
Tactical
- Efficiently conducts Request for Proposals (RFPs), negotiates, and executes contracts independently, and supports internal business partners on assigned procurement activities.
- Leads the sourcing, negotiation, and contracting process for medium value contracts/commodities.
- Has a working understanding of contracting practices and General Terms and Conditions (GTC).
- Gathers and interprets market data to gain understanding of spend and facilitate data analytics to support spend portfolio.
- Strategically plans and implements a defined sourcing and contracting structure.
- Proven experience within cost savings, sustainability, and diverse spend concepts and priorities.
- Serves as a subject matter expert in managing moderately complex situations and/or larger sets of data.
- Develop sources of supply, establish procurement schedules, and assist in supplier pre-qualification activities.
- Produces and analyzes Supplier Relationship Management (SRM) scorecards.
- Establishes and monitors contract and supplier performance including Key Performance Indicators (KPIs) for medium complexity categories; and reviews with business groups and uses the data to improve future performance and strategy development.
- Updates, processes, and approves procurement records in a timely manner as directed.
- Coordinates with end users and suppliers to provide visibility and communicate updates.
- Supports coworkers and provides timely responses and guidance as it relates to the processing of their contracts/commodities. Ensures tactical support tasks are completed in a timely manner and with accuracy.
- Identifies and outlines medium complexity issues. Able to engage small teams to present simple proposals and gain buy-in.
- Knowledge/Experience
- Utilizes tools and resources available, has moderate understanding of systems and processes, and demonstrates proficiency in Microsoft Office 365 products. Uses this knowledge and experience to effectively facilitate the sourcing & contracting processes.
Technical Knowledge/Skill:
- Requires basic knowledge of procurement / sourcing, supply market trends and supplier economics.
- Full understanding of purchasing and inventory systems.
- Basic understanding of contract language terms and conditions as well as experience drafting contract agreements.
- Must be able to analyze contracts, terms and conditions, and ramifications of contractual verbiage as it relates to the product, service and supplier in question.
- Solid understanding of business / financial principles.
- Must possess the skills to interpret and analyze data in order to present and interpret outcomes.
- Must be able to explain data to all end users and to identify sourcing opportunities from data.
- Strong problem solving, decision making, and influencing skills.
- Strong negotiation skills.
- Excellent communication, presentation and interpersonal skills.
- Project management skills, including the ability to prioritize against time sensitive deadlines.
- Proficient skill level with MS Office (Word, Excel, PowerPoint).
Education:
Requires a Bachelor s Degree
Experience:
- Minimum of three (3) to five (5) years related experience.
- Demonstrated experience with strategic sourcing responsibilities for various commodities, both products and services, in operational procurement and sourcing.
Licenses & Certifications:
Certified Purchasing Manager (C.P.M.), Six Sigma, Lean, Process or Project Mgmt certifications desirable.
For more information please contact Shashank Govardhana ator
Since 1995, iTech Solutions Inc., has been providing IT Consulting and Direct Hire Services to the Insurance, Financial, Communications, Manufacturing and Government sectors with local offices in Connecticut, Minnesota, Colorado, Massachusetts, Tennessee, North Carolina, and New Jersey / Pennsylvania area. Our recruiting strategy is simple, if you want to find qualified IT professionals then use IT professionals to find them. So at iTech Solutions, our personnel are all career IT professionals with a wide range of IT experience. We can honestly say our staff understands the technologies, the complexities of finding and selecting the appropriate personnel and the pressures of running successful IT projects.
Employer will not sponsor applicants for any employment visas, at hiring or in the future, including but not limited to H-1B visas. Corp-to-Corp or subcontract personnel will not be considered for this position.
Salary : $35 - $0