Sr Strategic Sourcing Spec
Job Description
Job Description
Job Description:
Title: Sr Strategic Sourcing Spec
Location: Phoenix, AZ 85034
Duration: 06+Months (Further it will be extended)
Pay Range: $80 to $85/Hr
Shift Time: Day Shift
Job Description :
Strategic Sourcing Specialist Principal
As a Strategic Sourcing Specialist Principal, you will be responsible for executive supplier relationships with suppliers with significant annual spend. You are accountable for direct material productivity, working capital (payment terms, pay cycle, VMI), contract negotiations, dual sourcing and HGR penetration, and the overall performance of each supplier.
You will own the strategic business plan for your scope of business and connect it cross-functionally across all internal organizations. This role drives executive Gold Business Enterprise (GBE) relationship collaboration, leads cross-functional Quarterly Business Reviews (QBRs), fosters a Cost Management (CM) and Growth Management (GM) mindset, and supports team development through hiring, onboarding, mentoring, and performance management.
Key Responsibilities :
- Develop and maintain executive-level supplier relationships
- Drive direct material productivity through cost savings initiatives
- Manage working capital, including optimization of payment terms, pay cycle, and Vendor Managed Inventory (VMI)
- Lead contract negotiations to secure favorable terms and conditions
- Implement dual sourcing strategies to mitigate supply chain risk and improve supplier performance
- Drive High Growth Region (HGR) penetration by identifying and leveraging market opportunities
- Develop and execute strategic business plans aligned across organizations
- Foster executive Gold Business Enterprise (GBE) collaboration
- Lead cross-functional Quarterly Business Reviews (QBRs) to evaluate supplier performance
- Promote a Continuous Improvement (CI) culture with CM/GM principles
- Mentor and develop team members
- Manage team metrics and performance tracking
- Lead organizational improvement initiatives
YOU MUST HAVE :
- 9+ years of experience in Supply Chain Management or Sourcing/Procurement
- Strong strategic thinking and problem-solving skills
- Ability to influence and negotiate with stakeholders at all levels
- Excellent communication, interpersonal, and presentation skills
WE VALUE :
- Bachelor’s degree in Business, Engineering, or related field
- Experience in a global organization, influencing across multiple levels
- Experience leading program or project teams
- Strong analytical and data-driven decision-making skills
- Ability to thrive in a fast-paced, changing environment
LanceSoft is a global workforce solutions and IT services firm founded in 2000, specializing in temporary/permanent staffing, IT services, and outsourcing (RPO) for sectors like healthcare and IT. Headquartered in Herndon, Virginia, with a significant presence in India, the certified minority/woman-owned company employs over 5,700 professionals
Company Description
LanceSoft is a global workforce solutions and IT services firm founded in 2000, specializing in temporary/permanent staffing, IT services, and outsourcing (RPO) for sectors like healthcare and IT. Headquartered in Herndon, Virginia, with a significant presence in India, the certified minority/woman-owned company employs over 5,700 professionals
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