The Sourcing Consultant serves as the primary point of contact for a business unit and is responsible for developing knowledge of the business unit`s operations and relationships with leaders in order to determine, develop, and implement sourcing solutions that enable the business unit to successfully achieve its objectives. Responsible for developing a sourcing project portfolio to support the needs of the business unit. Serves as the project manager for the entire spend event utilizing the expertise of other roles in the department to deliver on some aspects of the sourcing process. Ensures all activities in the project plan are completed according to sourcing procedures. Assists the business unit in managing the contract and supplier after the acquisition is complete.
There are two positions available. One position will support our internal business partners in auto and property personal lines claims. The other position will support IT software and services.
•Offer to selected candidate will be made contingent on the results of applicable background checks
•Offer to selected candidate in contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
•Our policy restricts consideration of applicants needing employment sponsorship (visas) to specialty occupations. Sponsorship will not be considered for this position
•Relocation assistance is available
Sourcing Project Management (35%)
- Leads the entire sourcing process; oversees the project management process (e.g. scope, time, communication, risk mitigation).
- Develops the sourcing project plan including the change management and communication plan. Updates the sourcing project plan as needed to reflect progress and plan revisions, reports on project status and holds project reviews, including preparing and delivering checkpoint materials as needed. Reports project outcome within the project management system and assures all sourcing deliverables are contained within the sourcing project file.
- Oversees the work of other department roles to ensure that all tasks are completed. Provides work direction to sourcing analysts and category analysts.
- Uses knowledge of business unit operations to evaluate competitive offerings and determine best overall offer for a product or service. Compares supplier bids across financial parameters and identifies expected timing of savings/value cash flows. Assesses qualitative trade-offs between the different supplier proposals.
- Coordinates with the Financial Analysis Department to provide information for financial modeling including cost-benefit analysis. Performs total cost of ownership analysis to assess the pricing variables included in the supplier proposals.
- Prepares for and develops strategies and tactics for negotiations including definition or roles and responsibilities of team members.
- Leads negotiations with suppliers to obtain desired results. Seeks ways to obtain cost improvement and cost avoidance.
- Develops contract terms and conditions by negotiating with suppliers, involving the Risk and Legal Departments as appropriate. Develops an understanding of the impacts of proposed contract terms on American Family and potential required process changes.
Relationship Management (25%)
- Serves as the primary point of contact to assigned business units for sourcing needs. Uses knowledge of business unit`s operations and goals to determine current and future sourcing needs and requirements. Creates the business unit`s sourcing portfolio.
- Establishes, develops and maintains productive relationships with assigned business unit leaders to understand their sourcing needs.
- Markets the value of strategic sourcing and sourcing strategies and initiatives to management and internal customers. Provides reporting to business unit leaders to help them understand spend, sourcing project activity and results.
- Provides direction to category analysts and other sourcing roles to complete sourcing projects for business units.
- Acts as a conduit to both the business partner and the supplier network.
- Communicates cost drivers, industry, market, and supplier performance knowledge provided by category analysts and other department roles to business partners.
- Serves as the primary point of contact between the company and vendors when resolving issues that have reached an impasse with other internal departments.
Sourcing Strategy Development and Planning (25%)
- Defines the scope and strategy for a spend event. Identifies, develops and qualifies sourcing opportunities based on spend, value opportunity, risk and resource availability. Develops and presents proposed objectives, strategy and plan (including timing and resources required) to partners and sponsors, obtains approvals and aligns sponsorship and resources needed to move project into active execution.
- Develops long range sourcing plans and strategies for categories and key suppliers.
- Develops an understanding of the most opportune timing for major sourcing activities for assigned business units. Determines when business units will have the necessary resources available to pursue the sourcing activities.
- Manages the sourcing portfolios for assigned business units. Estimates the potential sourcing-related savings and prioritizes opportunities based on savings and resource availability.
- Oversees the development of RFx`s and answers supplier questions based on business requirements, industry and supplier-specific knowledge, and overall supply market research.
Supplier and Contract Management (15%)
- Serves as the subject matter expert for supplier contracts. Ensure compliance with contract approval process and adherence to contract standards.
- Documents and monitors supplier service level agreements (SLA).
- Assists and supports business partner in contract management from award to completion or termination.
- Assists and supports business partner in management of supplier. Handles escalated supplier issues.
- Assists and supports business partners in solution management. Monitors the effectiveness of the solution.
- Negotiates settlements with suppliers on any problems that have caused company losses (poor quality).