Sourcing Specialist Research
The Sourcing Specialist Research is a key member of the Procure to Pay (P2P) team at Boston University. Under the general management of the Senior Associate Director of Research, the Sourcing Specialist is primarily responsible for the execution of an annual category plan for assigned indirect spend commodities. The Sourcing Specialist works independently as a member of the P2P Sourcing Team, and on an as-needed basis, support and collaborate with the Procurement, Shared Services, and Payables teams within P2P. Major duties of this position include :
- Deliver measurable, quantifiable cost and / or process efficiencies using BUs established Sourcing Methodology, which includes the following stages : Project Confirmation, Analysis, and Planning, Strategy Development, Competitive Event, and Selection, and Implementation and Monitoring.
- Collaborate with cross-functional teams to develop, manage, and execute on category plan initiatives to deliver best total value to the university, including managing competitive bid events and negotiating business and legal terms.
- Building and managing internal business relationships by providing guidance and expertise on sourcing best practices, including supplier selection, industry insights, negotiation strategies, and contracting.
- Work closely on communication and change management efforts associated with executed projects, in addition to developing and managing a supplier performance program within the assigned Research spend categories.
- Develop an understanding of spending by sub-category, supplier, unit, and geography; develop demand management plans to ensure spending trends are identified and savings opportunities form.