Lead Strategic Sourcing
Carelon Global Solutions Philippines
full-time
Posted on:
Location Type: Office
Location: Hyderabad • India
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Job Level
About the role
- Develop Sourcing Strategies: Design and implement strategic sourcing plans that align with the company's goals and objectives, ensuring cost-effective procurement of materials and services.
- Supplier Management: Identify, evaluate, and manage a diverse supplier base. Foster long-term partnerships and conduct regular performance assessments to ensure supplier quality and reliability.
- Cost Optimization: Analyze market trends and pricing fluctuations to negotiate favorable terms and pricing with suppliers, achieving cost-saving initiatives without compromising quality.
- Stakeholder Collaboration: Work closely with cross-functional teams, including operations, finance, and product development, to understand their sourcing needs and ensure alignment with procurement strategies.
- Risk Management: Identify potential risks in the supply chain and develop mitigation strategies to safeguard business operations and continuity.
- Contract Negotiation: Lead contract negotiations and ensure compliance with company policies and legal requirements. Draft and manage contractual agreements for goods and services.
- Data Analysis: Utilize data insights to monitor supplier performance, track sourcing effectiveness, and drive decision-making based on quantitative analysis.
- Continuous Improvement: Champion continuous improvement initiatives within the procurement process, driving innovation and efficiency in sourcing activities.
Requirements
- BA/BS/Bachelor Degree
- 7+ years of experience in sourcing/supplier selection with at least 4 years' experience with negotiation of pricing and contract terms and conditions; or any combination of education and experience, which would provide an equivalent background.
- Healthcare Industry experience is preferred.
- Strong analytical skills and proficiency in data analysis tools and software.
- Excellent negotiation, communication, and interpersonal skills.
- Experience with contract management and supplier performance evaluation.
- Knowledge of industry trends and market dynamics.
- Ability to work collaboratively in a team-oriented environment.
Benefits
- Extensive focus on learning and development
- An inspiring culture built on innovation, creativity, and freedom.
- Holistic well-being
- Comprehensive range of rewards and recognitions
- Competitive health and medical insurance coverage
- Best-in-class amenities and workspaces
- Policies designed with associates at the center.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
sourcing strategiessupplier managementcost optimizationcontract negotiationdata analysisperformance assessmentrisk managementcontinuous improvementmarket analysisnegotiation of pricing
Soft Skills
analytical skillscommunication skillsinterpersonal skillscollaborationteam-orientednegotiation skills
Certifications
Bachelor Degree