Senior Sourcing Associate (Remote)

CareFirst, Inc.; Baltimore (MD); Remote; USD 76,000 - 153,000; Full time

Job summary

A leading company is seeking a strategic sourcing professional to manage complex sourcing projects. The role involves executing sourcing strategies, conducting market analysis, and collaborating with cross-functional teams to optimize costs and supplier performance. Candidates should have a strong background in sourcing and negotiation, along with a Bachelor's degree or equivalent experience.

Benefits

401k contribution programs

Comprehensive benefits package

Qualifications

• 5 years strategic sourcing experience required.
• Ability to track technology trends.

Responsibilities

• Manages 5-12 sourcing projects simultaneously with limited supervision.
• Partners with business units in contract negotiations.

Skills

Negotiation

Customer Focus

Analytical Skills

Education

Bachelor's Degree in Business Administration

Tools

Ariba

Job description

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



ESSENTIAL FUNCTIONS:

• Provides sourcing services (RFx, reverse auctions, negotiations) to clients based on predefined service levels, managing 5-12 simple to complex projects simultaneously with limited supervision/guidance or independently. Executes sourcing strategy by leading formal sourcing processes including stakeholder engagement, RFP processes and contract negotiations. Assists in the development of category sourcing strategy leading cross-functional teams to execute the sourcing strategy. Partners with customer groups to establish specifications for assigned commodity categories. Perform market analysis, benchmark analysis and spend analysis for assigned commodity categories.
• Assists in ensuring realized savings ties back to departmental and/or customer budgets. Maintains and supports expenditure controls and alignment with the company's and departments budget and fiduciary requirements. Supports and improves supply base development programs (e.g., supplier diversity, local economic development, green sustainability programs). Ensures compliance with operational requirements, internal controls and regulations. Establishes optimal buying channel/ordering process aligned to category strategy utilizing technology aligned with overall procurement strategy.
• Partners with business units and legal team in the negotiation of contracts and agreements, including Master Services Agreements (MSAs), Statements of Work (SOWs) and Service Level Agreements (SLAs). Assists and consults with the business partners to create Service Level Agreements to effectively measure and manage supplier performance.
• Assists in the development of commercial strategies for sourcing to meet present and future supply requirements by applying advanced knowledge of purchasing principles, contract law, and commodities. Continually searches out new sourcing opportunities to implement as needed to maintain competitive advantage. Assists in the development and management of the corporate wide, programs, policies, and procedures that support the Company Supplier Diversity strategy.

QUALIFICATIONS:

Education Level: Bachelor's Degree, Business Administration or related field OR In lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience: 5 years strategic sourcing experience

Preferred Qualifications:

• Ability to track technology trends.
• Knowledge of the FAR.
• Knowledge of Ariba or similar procurement automation tools.
• Demonstrated Success in leading project teams to achieving quantifiable savings by applying sourcing methods.

Licenses/Certifications
Certified Purchasing Manager (C.P.M) Preferred

Knowledge, Skills and Abilities (KSAs)

• Ability to work with cross-functional teams.
• Ability to negotiate internally and externally to achieve required objectives and executes and implement contracts.
• Strong customer focus and ability to drive change.
• Knowledge of sourcing systems and preferable e-sourcing technology.
• Ability to extract data and summarize key elements to focus on.
• Knowledge of contract law, government policies and regulations for the food and drug industry.
• Strong meeting management and facilitation skills, while being self-motivated.
• Effective presentation and analytical skills to interface with multiple levels of management.
• Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.
  
  
  
  Salary Range: $76,536 - $152,009
  
  

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of theCompany to provide equal employment opportunities to allqualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Federal Disc/Physical Demand

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on health care programs.

PHYSICAL DEMANDS:

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

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

#LI-LY1

Not finding the right job?
Stay informed about future openings by joining one of our Talent Networks!

Serving Maryland, the District of Columbia, and portions of Virginia, CareFirst BlueCross BlueShield is the shared business name of CareFirst of Maryland, Inc. and Group Hospitalization and Medical Services, Inc. CareFirst BlueCross BlueShield Medicare Advantage is the shared business name of CareFirst Advantage, Inc., CareFirst Advantage PPO, Inc. and CareFirst Advantage DSNP, Inc. CareFirst BlueCross BlueShield Community Health Plan Maryland is the business name of CareFirst Community Partners, Inc. In the District of Columbia and Maryland, CareFirst MedPlus is the business name of First Care, Inc. In Virginia, CareFirst MedPlus is the business name of First Care, Inc. of Maryland (used in VA by: First Care, Inc.). CareFirst of Maryland, Inc., Group Hospitalization and Medical Services, Inc., CareFirst Advantage, Inc., CareFirst Advantage PPO, Inc., CareFirst Advantage DSNP, Inc., CareFirst Community Partners, Inc., CareFirst BlueCross BlueShield Community Health Plan District of Columbia, CareFirst BlueChoice, Inc., First Care, Inc., and The Dental Network, Inc. are independent licensees of the Blue Cross and Blue Shield Association. BLUE CROSS, BLUE SHIELD and the Cross and Shield Symbols are registered service marks of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or generic information.

Federal law requires all employers to verify the identity and employment eligibility of all persons hired to work in the United States. To comply with this law, CareFirst must collect information regarding an employee’s identity and employment eligibility and document that information on a document referred to as Form I-9, Employment Eligibility Verification, no later than three business days from when the employee begins work for pay. If you are hired, you will be required to provide certain information on the form necessary to establish your identity and eligibility to work in the United States and certain required supporting documents.

If you experience any technical difficulties during this process, please send an email detailing the specific problem you are having to [emailprotected] and we will respond as soon as possible.

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c) If you believe that you have experienced discrimination, contact OFCCP at 800-397-6251 (TTY 877-889-5627 ) or www.dol.gov/ofccp .