Sourcing Specialist OR Senior Sourcing Specialist - IT Sourcing jobs in United States
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Duke Energy Corporation · 1 day ago

Sourcing Specialist OR Senior Sourcing Specialist - IT Sourcing

Duke Energy Corporation is a leading energy company committed to making a difference in people's lives. They are seeking a Senior Sourcing Specialist who will develop and implement strategic sourcing plans for IT spend, focusing on cyber security, while leading teams and managing relationships to drive cost savings.

Clean EnergyEnergyHardwareHydroelectricOil and GasService Industry
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Responsibilities

Process Improvement & Transformation. Drives continuous improvement by challenging existing processes, questioning assumptions, and identifying opportunities to modernize and transform sourcing practices. Leads initiatives that streamline workflows, enhance operational efficiency, and embed forward‑thinking, innovative approaches across the organization
Category Management. Develop and enhance category management through strategic analysis of assigned categories. Identify and anticipate Business Unit demand and needs, issues, and cost reduction opportunities. Create and understand SWOT analysis for each assigned category, spend identification, and total cost of ownership. Identify and assess short- and long-term risks. Ensure alignment with internal SME parties to ensure risk is controlled through collaboration with the Legal, Security, Tax, and Credit departments when necessary. Maintain knowledge of commodities, sources of supply, corporate responsibility opportunities, industry leading practices, and market conditions that may impact future procurement. Utilize procurement tool and grid/relays for documentation/retention of category plans
Strategy Development. Alongside key Business Units partners and cross functional teams, develops sourcing strategies for complex, high­ value materials, equipment or services including the execution of regional and/or enterprise-wide initiatives
Strategy Execution. Creates strategies and utilizes supply chain processes to lead competitive bidding processes, lead the objective criteria based bid evaluation with a cross-functional group, recommend award to Supply Chain and Business Unit Leadership, develop appropriate terms and conditions, negotiate strategic contracts, integrate contracts with internal systems, and manage ongoing supplier/contract management and day-to-day support when issues arise (such as mismatches billing or shipment issues)
Negotiation. Utilizes data-driven decision making to implement effective strategic sourcing strategies, thus enabling better terms with suppliers and identification of cost-saving opportunities. Develops “should cost models” that will calculate an estimated price by researching all material costs, labor costs, overhead costs, and profit margins that would apply to sourced products and services. Performs analysis of historical spending patterns, pricing fluctuations, and market trends and indices. Calculates impacts to net working capital and uses outcomes to impact deal structure. Negotiates with middle, but primarily, upper-level management of suppliers and manufacturers. Demonstrates proficient understanding of Duke Energy contractual terms and conditions. Drives cost avoidance and cost savings through supplier negotiations and/or the identification and implementation of process efficiencies. Negotiates pricing, discounts, value, or other competitive differentiators
Risk and Financial Analysis. Effectively communicates with the Business Unit and other executive leadership and committees (e.g., TRC) on risks related to the transaction and provides potential opportunities for risk mitigation. Reviews financial statements (income statement and balance sheet) to determine the financial viability of prospective suppliers. Identifies risks in contractual terms and conditions and deal structures and communicates to business unit partners appropriately
Legal Terms and Conditions. Applies knowledge, redlines, and negotiates complex legal issues, commercial business, and sourcing expertise to lead the delivery of favorable contractual outcomes. Engages legal as necessary for advanced issues
Change Management. Alongside business unit partners, develops change management strategies in partnership with cross-functional teams to ensure successful implementation of sourcing strategies
Relationship Management. Manages supplier relationships at a strategic level. Maintains effective interfaces with internal business partners, external customers, and suppliers. Manages post award supplier activities, settlements, claims or disputes. Performs purchase order and agreement maintenance including invoice mismatches, prices changes, amendments, change orders, etc. Collaborates with business unit partners to ensure contract terms are being met and supplier performance is appropriately monitored and measured. Resolves escalated issues between BU and Supplier, as necessary
Leadership. Provides assistance and cross training of sourcing personnel on procurement tasks

Qualification

Strategic sourcingRisk evaluationContract managementNegotiationAnalytical skillsRFP/RFI systemsProject managementLeadershipCommunication skillsProblem-solving skillsTime managementInterpersonal skills

Required

Bachelor's degree AND two (2) years related work experience
In lieu of Bachelor's degree and two (2) years of related work experience; High School Degree/GED AND six (6) years of related work experience
Bachelor's degree AND five (5) years related work experience
In lieu of Bachelor's degree and five (5) years of related work experience; High School Degree/GED AND nine (9) years of related work experience
Bachelor's degree + 2 years of work experience OR
Associate's degree + 4 years of work experience OR
HS/GED + 6 years of work experience

Preferred

Previous sourcing experience
C.P.M. (Certified Purchasing Manager), CPSM (Certified Professional in Supply Management) certification, or CSCP (Certified Supply Chain Professional)
Demonstrated negotiation, problem solving, analytical and leadership skills
Experience with RFP/RFI systems and processes
A natural time manager with the ability to manage a robust workload and pay attention to detail
Outstanding planning/organization skills
Problem-solving/analytical skills
Oral and written communication skills
Negotiating skills
Contract management skills
Project management skills
Statistical and analytical skills
Demonstrated interpersonal and team building skills

Benefits

Competitive pay and benefits

Company

Duke Energy Corporation

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Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies.

Funding

Current Stage
Public Company
Total Funding
$1.5B
2023-04-04Post Ipo Debt· $1.5B
1978-01-13IPO

Leadership Team

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Brian D. Savoy
EVP & CFO
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Steve Immel
VP Carolina Coal Generation
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Company data provided by crunchbase