Strategic Sourcing Specialist

Meijer, Inc.

Grand Rapids (MI)

On-site

USD 60,000 - 85,000

Full time

8 days ago

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Benefits offered by this job

Weekly pay
Scheduling flexibility
Paid parental leave
Paid education assistance
Team member discount
Development programs for advancement

Job summary

Meijer, Inc. in Grand Rapids, MI seeks a Strategic Sourcing Specialist to execute sourcing initiatives, analyze data, and support vendor performance. You will develop RFXs, run sourcing events, and help shape supplier contracts and pricing strategies.

The role emphasizes collaboration with stakeholders, cross-functional teams, and strong analytical and negotiation skills to achieve cost savings and value. Experience in retail or consumer segments is a plus.

Qualifications

  • Bachelor’s degree in Business or Supply Chain, or equivalent job experience.
  • 1-3 years of experience in sourcing, contract negotiation, competitive price analysis, and purchasing.
  • 3+ years of experience in sourcing, contract negotiation, competitive price analysis.
  • Retail or Consumer facing industry preferred.
  • Superior quantitative and qualitative analytical skills.
  • Strong experience with use of analytical methods and tools.
  • Ability to function in ambiguous and/or time-sensitive situations.
  • Advanced knowledge of Microsoft Excel.

Responsibilities

  • Assist with the collection, analysis, benchmarking and reporting of category and spend data to build and maintain category spend and pricing databases.
  • Develop and issue RFX’s.
  • Lead basic and moderately complex sourcing events.
  • Review contracts, pricing, purchase orders, and service levels.
  • Perform value analysis and total cost of ownership analytical activities.
  • Monitor and report savings to Strategic Sourcing Lead.
  • Interview stakeholders to develop service specification levels.
  • Participate in cross-functional teams that will assess opportunities and supply markets to develop sourcing strategies.
  • Maintain and help build supplier relationships.
  • Manage strategic category management processes, metrics/KPI development and application, scorecard format, contract management, etc.

Skills

Analytical skills
Excel proficiency
SAP/Ariba experience
Communication skills
Negotiation skills
Cross-functional collaboration
Time management
Financial acumen

Education

Bachelor’s degree in Business or Supply Chain

Tools

Microsoft Excel
SAP/Ariba

Job description

As a family company, we serve people and communities. When you work at Meijer, you’re provided with career and community opportunities centered around leadership, personal growth and development. Consider joining our family – take care of your career and your community!Meijer RewardsWeekly payScheduling flexibilityPaid parental leavePaid education assistanceTeam member discountDevelopment programs for advancement and career growthPlease review the job profile below and apply today!The Strategic Sourcing Specialist role is responsible to execute strategic sourcing initiatives in a specific category; work with business stakeholders to ensure data accuracy and specification of materials and service being sourced/ procured; provide customer relationship support and track vendor performance; and assess elements of the supply base and help define, execute, and support strategic sourcing and procurement decisions.What You'll be Doing:Assist with the collection, analysis, benchmarking and reporting of category and spend data to build and maintain category spend and pricing databases.Develop and issue RFX’s.Lead basic and moderately complex sourcing events.Review contracts, pricing, purchase orders, and service levels.Perform value analysis and total cost of ownership analytical activities.Monitor and report savings to Strategic Sourcing Lead.Interview stakeholders to develop service specification levels.Participate in cross-functional teams that will assess the opportunities and supply markets in order to develop, implement and institutionalize various sourcing strategies.Maintain and help build supplier relationships.Manage strategic category management processes, procedures, supplier and category segmentation, metrics/KPI development and application, scorecard format, contract management, etc.Gathers and reviews data to support category management / strategic sourcing activities (i.e. specifications, statements of work, performance terms, and/or acceptance criteria)Manage the sourcing process from analyzing the vendors proposals, communicating between stakeholders and determining a negotiation strategy.Develop and execute pricing and contract negotiation strategies; understanding financial impact to all negotiations and assisting Strategic Sourcing Lead with negotiations and contract pricing and terms.This job profile is not meant to be all inclusive of the responsibilities of this position; may perform other duties as assigned or require.What You'll Bring with You (Qualifications):Bachelor’s degree preferably in Business or Supply Chain required, or equivalent job experience.1-3 years of experience in sourcing, contract negotiation, competitive price analysis, and purchasing.3+ years of experience in sourcing, contract negotiation, competitive price analysis.Retail or Consumer facing industry preferred.Superior quantitative and qualitative analytical skills.Strong experience with use of analytical methods and tools.Ability to function in ambiguous and/or time-sensitive situations.Strong listening and interpersonal skills.Self-directed, requiring limited guidance and / or structure.Good communication and team skills.Advance knowledge of Microsoft Excel.Experience with SAP/Ariba a plus.Aptitude for conducting wide-ranging research.Financial acumen preferred.Leadership and team building abilities.Active curiosity—enjoy gathering and digging deeply into data to identify opportunities and risks.Ability to develop communications and presenting to cross functional partners.Strong organizational, planning, and time management skill with ability to prioritize multiple/competing projects and assignments.
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