The Strategic Sourcing Specialist is responsible for executing enterprise-wide procurement and cost optimization opportunities, capturing cost reduction on Tiffany expenditures for goods and services, and assisting the Manager – Global Procurement with the execution of procurement strategy. Spend categories include but are not limited to: Facilities, Human Resources, Professional Services, IT, Logistics, and Travel.
The Strategic Sourcing Specialist will support the planning and executions of strategic sourcing initiatives using a multi-step sourcing process for prioritized spend categories. S/He will develop category specification requirements and scopes of work that is consistent with business requirements and Global Procurement strategy. The Specialist will conduct spend analytics and utilize analytical expertise to deliver a comprehensive total cost of ownership assisting the business in delivering measurable cost savings.
The Strategic Sourcing Specialist will initiate and structure RFI’s and RFP’s while participating in supplier negotiations. This role will support and execute negotiation strategies based on supplier proposals and spend analytics and manage supplier selection process and provide data and recommendations to ensure informed business awards. S/He will develop and administer contractual agreements in collaboration with business and legal departments. Additionally, this position will identify continuous improvement initiatives by monitoring supply markets and assessing opportunities resulting from new technology and product offerings. The Specialist will support the supplier quarterly business review process.
Bachelor’s Degree in Finance, Economics, or Supply Management
Minimum of 2 to 4 years of strong category and general procurement experience
Excellent math and analytical skills
Experience in one or more of the following categories: Facilities, Human Resources, Professional Services, IT, Logistics, Travel
Strong interpersonal and communication skills
Demonstrated ability to work with suppliers and strong relationship management experience
Knowledge of contract fundamentals
Proficient in Microsoft and knowledge of Procurement tools
Ability to interact with all levels of Management
Master’s Degree, CPM or similar certification preferred