Specialist, Sourcing.

Specialist, Sourcing – Herbalife

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Overview

POSITION SUMMARY STATEMENT : The primary responsibility of this position is to execute sourcing strategies and supplier management strategies for suppliers to reduce costs without compromising quality. The Sourcing Specialist will be responsible for regional category analysis, leading the RFx process, and negotiating contracts with suppliers. The individual will be responsible for strategic sourcing, negotiations, and management of major regional contracts for the company. This position will support the management of low to high complex categories by analyzing reporting and research, maintaining database information, and executing tasks and projects in an efficient and timely manner.

Detailed Responsibilities / Duties

• Indirect responsibility for low to mid‐complexity categories.
• Implement sourcing strategies as directed from management in categories that result in a sustainable competitive advantage.
• Synthesize data gathered to perform low‐level negotiations and conduct medium‐complexity calculations for proposed pricing.
• Create basic PowerPoint presentations to be presented to management.
• Lead a subset of a cross‐functional team with management guidance.
• Track, monitor, analyze, and report pricing to cross‐functional departments.
• Maintain sourcing database(s) to ensure reporting is accurate; review and analyze reporting.
• Strong influencing and networking skills; the organization relies on cross‐functional teams across borders.
• Stay up to date with best practices for the category.
• Analyze data and communicate results.
• Manage the full lifecycle of contracts for assigned programs and key suppliers.
• Conduct periodic market analysis of rates and other commercial terms.
• Negotiate new agreements and SOWs in support of key sourcing areas.
• Expeditiously resolve the needs of the customer and support supplier relationships.
• Provide assertive recommendations and commercial drivers to the business considering different cultures and locations.
• Ensure compliance with company purchasing / procurement policies and procedures, including Cybersecurity, Privacy, Risk, and other diligence requirements.

Supervisory Responsibilities

None

Qualifications

REQUIRED QUALIFICATIONS :

Skills

Experience

Education

Preferred Qualifications

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