Strategic Sourcing Specialist

Tufts University • Medford, MA • 1d ago

Overview: The Central Procurement Department is responsible for supplier
selection, contract negotiations, vendor management, and requisition to
purchase order review and approval at Tufts University. What You\'ll Do:
The Strategic Sourcing Specialist is responsible for supporting the
procurement team and stakeholders in the supplier selection, contract
negotiation, vendor management, and requisition to purchase order review
process across a broad range of spend categories. The individual is
responsible for reviewing and approving requisitions from stakeholders
for compliance with Tufts University\'s procurement policies and
process, including but not limited to, preferred vendors, competitive
bidding, and contract terms. The individual is responsible for
supporting the procurement team, cross functional partners, and
stakeholders with obtaining bids and proposals, negotiating final
contract through signature execution, and any other activities related
to supplier management, such as service, invoicing etc. Essential
Function: Triages requisitions from stakeholders and assigns to self or
appropriate resource in procurement for review. Reviews requisitions for
category and stakeholder classification, competitive bidding contract
terms compliance, and procurement policy compliance. Supports
stakeholders with cross functional reviews, if needed. Obtains bids
and/or proposals, as needed. Compares responses and recommends supplier
based on best value to Tufts. Reviews and negotiates contracts through
execution, as appropriate. Works with cross functional partners,
including, legal, risk, information technology, accounts payable, Tufts
support services; and stakeholders on reviewing exceptions to Tufts\'
standard terms and obtaining approvals, as needed. Approves requisitions
and releases purchase orders to supplier. Drafts and issues bids, RFXs
(RFIs, RFPs, & RFQs) and evaluates responses based on total value (cost,
service, innovation, and diversity). Creates side by side comparison of
responses. Creates scorecard with criteria to compare responses. Scores
supplier responses based on analysis of commercial and contractual
terms. Collects scores from stakeholders and summarizes supplier
ranking. Shortlists finalist and negotiates best and final agreement
with selected supplier. Guides stakeholders on commercial terms and
contract risk. Coordinates activities related to preferred vendors,
including scheduling quarterly business reviews, monitoring contract
utilization, troubleshoots and resolves service, quality, delivery,
invoicing, payment issues and identifying opportunities for continuous
improvements. Collects primary and secondary industry, market, and
supplier data and communicates updates to relevant departments regarding
price and service fluctuations of goods and service providers. Analyzes
spend and creates reports and dashboards on KPIs and metrics for
savings, project status updates, spend utilization, and contract
renewals. Drives compliance to procurement policies and preferred
vendors. Basic Requirements: Knowledge and skills as typically acquired
through completion of a Bachelor?s Degree in business, economics,
operations, or supply chain management with 3 years\'
experience/expertise in strategic sourcing and/or contract negotiations
in professional services/information technology/facility
management/indirect spend categories Extensive knowledge of contract,
commercial and legal terms and conditions, including insurance,
indemnity, liability, etc. Ability to understand business drivers,
develop knowledge of supplier markets and bring solutions that meet
stakeholders\' requirements Able to draw and communicate insights from
quantitative and qualitative data Proficient in ERP and procurement
tools, systems, and processes-including eRequisitions, Spend Analysis,
sourcing (RFX and eAuctions), Contracts, and eCatalogs Preferred
Qualifications Certified PurchasingManager Paralegal Cert

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.