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Sourcing Advisor - Hybrid positon in Madison, WI

Position Overview

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 our business needs while optimizing cost, quality, and risk outcomes.

Essential Duties

Include, but are not limited to, the following:

• 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.

Minimum Qualifications

• Bachelor's Degree in supply chain, finance, or a field related to essential duties.
• 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.

Preferred Qualifications

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

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