Sourcing Specialist | BioNJ Talent Services

Sourcing Specialist

Contact Information
Contact Name: 
Covance, Inc.
Organization Name: 
Covance, Inc.
Position Location: 
Madison, WI, 53703, USA
Job Description:

**Job Overview**

The Sourcing Specialist position is located in the Covance Madison, WI office.

The Sourcing Specialist will implement global sourcing strategies including spend & market analysis, contribute to strategic development projects, facilitate sourcing councils and manage spend categories/programs on smaller projects, under the guidance of the Sourcing Category Managers.

Develop and maintain subject matter expertise on assigned categories/subcategories of spend, negotiate new and renewed pricing and contracts

Prepare and submit scopes of work and RFQ/P documents.

Package and implement subsequent PO’s and contracts.

Perform market research, data and spend analysis on specific categories. Interpret analysis and evaluate spend categories of goods and services to determine where opportunities lie for pricing and contract renegotiations, contract/vendor consolidations, or alternative goods or services evaluations.

+ Under direction from Category Managers, Category/Subcategory Leaders or Director/Associate Director of Global Sourcing, develop and implement or lead projects that benefit Covance through reduced pricing, increased efficiencies, ease of management, or reduced risk.

+ Assist in the management of vendor relationships, contracts and sourcing of top-spend categories where the products, services or vendors are used across multiple sites or business units.

+ Assist the Sourcing Category Managers in developing RFP’s and informal bids. Manage process through bid to contract award.

+ Under the guidance of the Sourcing Category Managers, provide negotiations on new contracts, contract renewals, and pricing.

+ Take part in sourcing councils consisting of representatives from user groups, finance, and sourcing in order to understand the needs of the end users. Evaluate and negotiate the best goods and services contract and pricing to meet the needs of the end users.

**Education/Qualifications**

**Minimum Required:**

Bachelor's Degree preferred with 1-3 years of experience purchasing, supply chain and/or sourcing

or Associate Degree with 2-5 years of experience in purchasing, supply chain and/or sourcing

CPM or equivalent work experiences preferred

**Experience**

**Minimum Required:**

Years of experience in the job discipline: 1-3

Years of experience in other professional roles: 2-5

Regional and/or global sourcing responsibilities for spend categories

Lead projects and/or teams

Proven negotiation and understanding/knowledge of key contractual terms

Demonstrated strong analytical and problem solving skills

Possess ability to work with complex legal documents

Ability to communicate effectively and professionally with end users and vendors

**Job Number** _2017-15533_

**Job Category** _Finance_

**Position Type** _Full-Time_

Additional Job or Internship Information
Position Type: 
Full time job
Function: 
Other
Job Reference: 
covance2-15533