Saks - Strategic Sourcing Specialist

- As a Strategic Sourcing Specialist in Strategic Sourcing & Procurement, you'll be responsible for working with your Director to: develop and lead strategic sourcing events of moderate complexity; writing and negotiating contract terms and documents; and analyzing spend associated with specific indirect spend categories.

- Your work will positively impact bottom-line results/value while minimizing risks, foster internal and external relationships, and work with internal stakeholders to educate and promote the procurement policies.

You will report to a Manager, Strategic Sourcing.

Role Description:

- Simultaneously Lead indirect sourcing initiatives for IT, driving strategic improvements, and delivering on operational targets, savings goals, and business strategies

- Conduct total cost modeling and sensitivity/scenario analysis to help stakeholders understand trade-offs and benefits to multiple outcomes

- Assist with the analysis and planning for various components of indirect spend categories to ensure operational success and results

- Use sourcing tools to support departmental efforts to refine and improve procurement processes and policies

- Develop and manage relationships with business stakeholders and provide regular project status updates

- Partner with multiple corporate functions (Financial Planning & Analysis, Accounting, Legal, etc.) as part of your sourcing projects and related activities

- Review, revise, and negotiate contract language

- Assist in the development and management of the contract renewal process

- Participate in supplier relationship activities (regular business reviews, vendor score carding, etc.)

- You will own sourcing projects and work with your Director to bring them to completion

Required Qualifications (Minimum Requirements):

- Bachelor's degree preferably in supply chain management, engineering, or business

- 3+ years of experience in Strategic Sourcing

- Demonstrated capabilities of leading sourcing projects, contract negotiations and authoring, and driving savings/value

- Ability to build relationships through verbal and written communication and interpersonal skills

- Experience coordinating teams and collecting insights