Senior Sourcing Associate (Remote)

CareFirst BlueCross BlueShield; Baltimore (MD); Remote; USD 75,000 - 150,000; Full time

Job summary

An established industry player is seeking a Senior Sourcing Associate to lead strategic sourcing projects and optimize cost savings. This pivotal role involves collaborating with cross-functional teams, negotiating contracts, and developing sourcing strategies to enhance competitiveness. The ideal candidate will have a strong background in sourcing, excellent communication skills, and the ability to analyze data effectively. Join a dynamic team that values innovation and supplier diversity, and contribute to impactful projects that drive the company's success.

Benefits

401k Plans

Health Benefits

Incentives

Qualifications

• 5 years of strategic sourcing experience required.
• Bachelor's degree or 4 years of relevant experience in lieu of degree.

Responsibilities

• Manage 5-12 sourcing projects simultaneously with limited supervision.
• Develop category sourcing strategies and perform market analysis.

Skills

Contract Negotiation

Data Analysis

Cross-Functional Team Collaboration

Customer Focus

Change Management

Education

Bachelor's Degree in Business Administration

Certified Purchasing Manager (C.P.M)

Tools

Ariba

Job description

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Purpose

Executes medium to complex sourcing projects, from start to finish. This role will rationalize the supply base through strategic sourcing, lead cross-functional teams to achieve optimal total cost of ownership, identify cost savings opportunities across the company, support overall supply requirements, and ensure effective spend analysis for the assigned category.

Responsibilities & Qualifications

• Provides sourcing services (RFx, reverse auctions, negotiations) to clients based on predefined service levels, managing 5-12 projects simultaneously with limited supervision or independently. Executes sourcing strategies including stakeholder engagement, RFP processes, and contract negotiations.
• Assists in developing category sourcing strategies, leading cross-functional teams. Partners with customer groups to establish specifications, perform market, benchmark, and spend analysis.
• Ensures realized savings align with budgets, supports expenditure controls, and promotes supply base development programs. Ensures compliance with operational requirements, internal controls, and regulations.
• Partners with business units and legal teams in contract negotiations, including MSAs, SOWs, and SLAs. Assists in creating SLAs to measure and manage supplier performance.
• Develops commercial sourcing strategies to meet supply needs, applies purchasing principles, and searches for new sourcing opportunities to maintain competitiveness. Supports company-wide policies supporting supplier diversity.

Supervisory Responsibility

Position does not have direct reports but may guide and mentor less experienced staff and lead matrixed resources.

Qualifications

• Bachelor's Degree in Business Administration or related field, or an additional 4 years of relevant experience in lieu of degree.
• Preferred: Certified Purchasing Manager (C.P.M).
• 5 years of strategic sourcing experience.
• Preferred: Knowledge of technology trends, FAR, procurement tools like Ariba, success in leading savings projects.

Knowledge, Skills, and Abilities

• Ability to work with cross-functional teams, negotiate, and manage contracts.
• Strong customer focus, change management, and sourcing system knowledge.
• Data analysis, contract law, government policies, and excellent communication skills.

Additional Information

Salary Range: $75,024 - $149,006. The range considers experience, education, internal equity, and market factors. CareFirst offers benefits, incentives, and 401k plans.

Department: Sourcing and Procurement

Equal Opportunity Employer: CareFirst provides equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, veteran or disability status, or genetic information.

Application: Visit www.carefirst.com/careers

Physical Demands: Primarily seated, occasional walking/standing, handling small controls, lifting up to 25 pounds.

Sponsorship: Must be eligible to work in the U.S. without sponsorship.