Sourcing Consultant
Wells Fargo
full-time
Posted on:
Location Type: Office
Location: Charlotte • Arizona, Iowa, Minnesota, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $68,000 - $104,000 per year
Job Level
JuniorMid-Level
About the role
- Deliver category expense savings/avoidances, and drafting customized contract terms to proactively address business requirements and risk concerns.
- Supports required spend categories, and takes a key role in the development of a negotiations strategy
- Establishes supplier evaluation/selection criteria and coordinates supplier due diligence activities
- Works with stakeholders to determine the long-term needs and applicable supply/service market strategies
- Supports e-business (procure-to-pay), diversity, environmental, and Strategic Sourcing cost reduction strategies to continually improve category effectiveness and efficiencies
- Uses experience, supply base knowledge, benchmarking data, and market conditions to determine appropriate supply-side and demand-side category levers
Requirements
- 2+ years of Sourcing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Experience managing third party relationships and measuring performance results
- Ability to quickly establish credibility to build and maintain effective working relationships
- Strong time management skills and ability to meet deadlines
- Strong analytical skills and high attention to detail
- Fundamental understanding of contract law, including a minimum of 1 year experience drafting, reviewing, and interpreting contracts.
- Existing sourcing and negotiation experience through management of spend analysis and development of strategic sourcing strategies
- Experience with supplier contract negotiations, Strategic Sourcing contracting and purchasing processes, IT terminology and RFx event setup and coordination
- Benchmarking and analysis capabilities
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Sourcingcontract draftingcontract reviewcontract interpretationspend analysisstrategic sourcingsupplier negotiationsRFx event setupbenchmarkinganalytical skills
Soft skills
time managementrelationship buildingcredibility establishmentattention to detailnegotiation strategy development