COUNTRY Financial® · 1 month ago
Strategic Sourcing Specialist, Sr
COUNTRY Financial is a company dedicated to enriching lives in the communities it serves. The Strategic Sourcing Specialist, Sr is responsible for managing the company's strategic sourcing activities, evaluating supplier partnerships, negotiating contracts, and ensuring compliance with regulations.
Insurance
Responsibilities
Responsible for the company’s strategic sourcing activities
Evaluates and recommends sourcing events by analyzing enterprise and business area specific spend, end-user activity, strategic supplier partnerships and the marketplace
Issues requests for information and proposals
Evaluates bidder responses and makes commercial recommendations
Negotiates with vendors and suppliers to obtain best overall value agreements and determines if proposed contract changes and modifications are in the best interest of COUNTRY complying with company, state and federal rules and regulations
Manages supplier relationships and monitors contract performance
Works closely with internal business areas and stakeholders to assess internal requirements and supplier performance
Manages audit requests, contract dispute resolution, and overall supplier relationships
Leads supplier business reviews
Uses the 5-step sourcing process to guide the development, issuance, and evaluation of vendor proposals
Recommends and prepares documentation supporting an award decisions and negotiation strategies
Manages and mitigates supplier risk through the creation of risk assessments and mitigation plans, participates in ongoing risk management activities, document policies and standards, and promote vendor risk awareness
Identifies and manages strategic suppliers and agreements and implements strategies to address deficiencies in service and performance, and resolution of contractual disputes and audits
Qualification
Required
Typically requires 7+ years of relevant experience or a combination of related experience, education and training
Benefits
Insurance benefits (medical, dental, vision, disability, and life)
401(k) with company match
Company
COUNTRY Financial®
COUNTRY Financial® provides insurance and financial services for over a million households and businesses across 19 states.