Job Title: Contracts & Sourcing Specialist II
Duration: 12 Months
Location: Remote
Summary:
Support activities related to the sourcing and contracting of services and equipment/material under a Sourcing Manager.
Job Responsibilities:
Collaborate with stakeholders and cross-functional (XFN) partners:
Resolve issues related to Contract and Purchase Request (PR) processes (e.g., vendor legal entity name changes, inactive vendor status, Third Party Assessment (TPA) mismatch with vendor legal entity name in Contract Record).
Post issues and follow up on various workplace groups.
Update and maintain trackers/tools:
Load negotiated contract rates into the Rate Card.
Clean up, review, monitor, and ensure data integrity of the Facility Operations (FacOps) Critical Services dashboard and the IDC Financial Management System (FMS).
Create and update trackers (e.g., Master Statement of Work (MSOW) contract number and template version control, vendor transition progress, contract termination, and category-wide contract issuance).
Update supplier contacts (e.g., relationship ladder).
Provide stakeholder support:
Offer light guidance on intake process and questions.
Triage site operational issues and escalate to the Sourcing Manager if unresolved.
Assist Sourcing Manager with contracting:
Review and negotiate low-risk contract drafts.
Review and validate Purchase Order Exhibit (POE) details and simple contract amendments/extensions against contracted rates and terms.
Draft contract deal summaries.
Support contract management optimization.
Provide analytical support, including but not limited to:
Pulling data and consolidating information.
Performing spend analysis, bid leveling, and rate comparisons.
Interact with suppliers:
Guide suppliers on the Client processes and procedures as needed.
Track and follow up with suppliers on Business Review action items.
Train new suppliers on KPI reporting process, ensuring reporting compliance and reviewing supplier data integrity.
Support on non-baseline equipment:
Create the Client's Part Numbers for new equipment.
Maintain the equipment Price List and perform Bill of Material checks on requests.
Coordinate and issue RFP events for pricing requests, Change Orders, and PO issuance.
Conduct commercial analysis and price comparison from bidders.
Issue POs/COs to suppliers.
Train and onboard suppliers on the use and process of the Client's sourcing tools.
Update and manage process documentation.
Provide ad hoc project support and other duties as needed (e.g., invoice audits, preferred supplier list cleanup, implement process efficiencies, etc.).
Skills and Experience:
Verbal and written communication skills, attention to detail, negotiation skills, and interpersonal skills.
Ability to analyze financial reports, price proposals, and other technical data.
Ability to accurately document and record information.
Knowledge of applicable laws and regulations related to purchasing.
Knowledge of supply chain management.
Experience in process improvements and driving value for an organization.
Experience working in a multi-regional/global environment.
Proficiency with Microsoft suite (Word, Excel, and PowerPoint) and Google Productivity Suite (GDocs, GSheets, GForms, and GSlides).
Relevant experience ranging from 2–6 years.
Education/Experience:
Bachelor's degree in business, economics, finance, or a related business field preferred.