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Open nowPosted 3 days ago

Sourcing Lead

EXL81 open roles

Where
Jersey City, New Jersey, United States
Work mode
Remote
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Your applicationOpen nowSourcing LeadEXL · Jersey City, New Jersey, United States

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The clock on this job

Early applications get read.

12.1% of postings close within 7 days. Measured by our own scanner across the market. EXL postings stay open a median of 14 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.1%7 days
  4. 19.1%14 days
  5. 35.6%30 days
  6. 52.7%60 days
This job: posted 3 days ago

EXL median: 14 days open

The posting

Job Description

Responsibilities:

We are seeking experienced Sourcing lead to manage end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed

Responsibilities

Responsibilities:

  • Develop and execute sourcing strategies for Tech and Services categories.
  • Managed end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed
  • Develop and published RFP in Ariba
  • Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and gather market intelligence to support decision-making
  • Lead supplier selection and qualification processes, including issuing RFIs, RFPs, and conducting supplier evaluations and negotiations
  • Collaborate with internal stakeholders to understand their requirements and ensure the sourcing strategy meets their needs
  • Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements that optimize value while mitigating risks
  • Manage project plan for all assigned sourcing requests from requirement gathering to contracting
  • Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements (MSA/SOW) that optimize value while mitigating risks
  • Liaise with legal, business and supplier to finalize contracts
  • Document and analyze supplier responses to ensure it contains valid and detailed information
  • Co-ordination with various stakeholders (business, procurement, suppliers) for setting up meetings, presentations and other sessions
  • Liaising with business stakeholders, procurement team and suppliers to ensure timely and successful completions of tasks and activities (related to RFx events, NDA management and contracting)
  • Maintaining project plans/ tracker for all requests and sourcing events, including timely reporting to all stakeholders

Qualifications

Qualifications:

  • Bachelor’s Degree
  • 5+ years of sourcing/procurement experience with a focus on
  • Proven experience as a Sourcing Specialist, Procurement Specialist, or similar role
  • Strong knowledge of strategic sourcing methodologies, procurement best practices, and supplier management
  • Must possess excellent verbal and written communication skills
  • Good project management/ business analysis/ process analysis skills
  • Working knowledge of SAP Ariba, primarily in Sourcing and Contract workspace
  • Strong organizational skills with attention to detail and ability to manage multiple priorities
  • Professional certifications such as Certified Professional in Supply Management (CPSM) or Project Management Professional (PMP)® Certification will be a plus

Business hours: US 9-5 EST hours

The posted base salary range is the hiring base salary range for this role. Final offers are based on several factors, including: the candidate's skills and experience, internal pay equity, work location, market conditions for the role, and the specific scope and responsibilities of the position.

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