Strategic Sourcing Specialist

at  Verizon

WHEN YOU JOIN VERIZON

You want more out of a career. A place to share your ideas freely — even if they’re daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love — driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together — lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the V Team Life.

At Verizon, you can work for a company that takes on the world’s toughest challenges. We’re creating solutions that help businesses optimize their operations, families connect from anywhere, and whole communities leave smaller, greener footprints. It takes vision. It takes focus. That’s why we’re bringing together the brightest minds and latest technologies – to push boundaries, drive real change, and create a brighter future for all. This is the kind of work we do. And you can be part of it.

Strategic Sourcing Specialist position is responsible for the development and execution of sourcing strategies to use relationships across the enterprise to achieve the best total value. You’ll be required to effectively manage the seven steps of the sourcing process including Spend analysis, Market Research, Supplier Due Diligence, Sourcing Strategy, RFX Management, Bid Analysis and Contract Management and Supplier Performance Management. You’ll be creating sourcing strategies that get us the materials and services we need, at the right price, time, and quality; and in parallel mitigate risk. Our purchasing power combined with your skills and expertise will help us maintain our market-leading position. Play an important role in making our Supply Chain practice a World-Class organization.

• Working in an Agile way, switching between categories with a large supply base to meet business demands.
• Identifying and evaluating the potential suppliers, core competencies using industry cost models, RFX development and execution, proposal evaluation, total cost of ownership, and supplier selection recommendation (upon partner approval and completion of successful negotiation and contracting).
• Performing analysis of financial and business data related to supplier proposals and capability assessments to support the development of Verizon supply base, including ownership and management of key suppliers and partners.
• Supporting development, and management of the cross-functional teams (CFT), supporting strategic sourcing processes, contract negotiation, contract administration including utilizing sourcing systems, supervising supplier performance, analyzing financial data, business planning, administration, and analysis.
• Supporting negotiations on the contract terms with the suppliers at Senior Management level and executing the contract in liaison with the Legal and Contract Management Team that bring in best possible cost service guarantee and develop “win-win” strategies that achieve sustainable relationships with suppliers.
• Executing supplier relationship management activities for key assigned suppliers within the assigned categories, with oversight regarding supplier relationship management.