Sourcing Advisor - IT Job at Exact Sciences (Madison)

Job Description

The Sourcing Advisor is a liaison between the Category Managers, the various internal business owner team(s), and any supplier during the sourcing process. A sourcing, procurement, category-specific, or finance background is required for this role. The scope and focus of work will vary and require working with a diverse team of cross-functional stakeholders. The Sourcing Advisor is expected to support, guide and manage the sourcing process elements of a project and understand business requirements. Areas of focus include request for information/proposal/quote (RFXs), supplier evaluation, negotiation and/or related support, supplier due diligence, and contracting support with suppliers. This role requires a persistent and eager individual to find solutions that meet Exact Sciences’ business needs while optimizing cost, quality, and risk outcomes.

Job Responsibility

Clearly communicates updates to stakeholders of ongoing initiatives and projects with suppliers
Participates in or facilitates the analysis of proposal responses with cross-functional teams
Partners with Contract Analysts to draft and revise supplier agreements
Participates in contract negotiations to optimize cost, quality, and risk outcomes
Participates in the development and execution of request for proposals (RFP’s) with input from cross-functional areas
Effectively communicates and collaborates with project team members, business owner representatives, and local/region supplier reps
Supports an awareness of supplier expectations and requirements within the organization to foster win-win relationships
Participates in or facilitates supplier visits, supports relationship owners in presentation preparation, data analysis, and organization
Supports the phased roll out of category management across the organization, partnering closely with Category Managers to ensure business objectives are met
Operationalizes savings initiatives through documentation, analysis, and contracting for key procurement targets
Documents and communicates the savings success and engages business owners in needed process changes
Upholds sourcing standards are followed across the organization through education to impacted departments
Identifies potential backup and alternate suppliers based on direction from leadership using industry sourcing resources
Participates in several projects at one time, with frequently changing priorities
Proficient at mining spend/supplier data and performing detailed analyses to support sourcing decisions
Familiarity with sourcing analysis techniques (TCO, make/buy, ROI, risk assessment, etc.)
Ability to quickly develop and maintain strong relationships with internal stakeholders and customers
Dedicated team player who can thrive in a fast-paced environment
Ability to make decisions with limited information and operate with autonomy
Strong analytical, problem-solving, and negotiating skills
Ability to organize, present, and convey complex problems or issues within and across other functions
Excellent oral and written communication and interpersonal skills
Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork
Support and comply with the company’s Quality Management System policies and procedures
Maintain regular and reliable attendance
Ability to act with an inclusion mindset and model these behaviors for the organization
Ability to lift up to 20 pounds for approximately 5% of a typical working day
Ability to work on a mobile device, tablet, or in front of a computer screen and/or perform typing for approximately 90% of a typical working day
Ability to comply with any applicable personal protective equipment requirements
Ability and means to travel between local Madison Exact Sciences locations
Ability to travel 10% of working time away from work location, may include overnight/weekend travel

Requirements

Bachelor’s degree in business administration, IT, Supply Chain, Finance, Science, Engineering or related field
or High School Degree/ General Education Diploma and 4 years of experience relevant to the essential duties of the job in lieu of bachelor’s degree
3+ years of industry experience in sourcing, supply chain, procurement, information technology, finance, operations, or a field related to the essential duties
Demonstrated experience in supplier negotiation and contract management, including a working understanding of contractual terms and conditions and risk mitigation
Strong proficiency in Microsoft Office programs, such as Word, Excel, PowerPoint, and Outlook
Demonstrated ability to perform the essential duties of the position with or without accommodation
Authorization to work in the United States without sponsorship

Nice to have

2+ years of experience working within Enterprise Resource Planning (ERP) systems, such as SAP
1+ years of experience sourcing process execution

What we offer

paid time off (including days for vacation, holidays, volunteering, and personal time)
paid leave for parents and caregivers
a retirement savings plan
wellness support
health benefits including medical, prescription drug, dental, and vision coverage
bonus eligible

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