Velocity Procurement · 1 day ago
Sourcing Consultant
Velocity Procurement is focused on improving clients' sourcing and procurement initiatives to achieve sustainable cost savings. The Sourcing Consultant will lead teams in executing large-scale transformational sourcing projects, manage client relationships, and mentor team members while driving high-quality results.
ConsultingInformation TechnologyManagement Consulting
Responsibilities
Lead multiple teams (Client and Velocity) on the execution and delivery of large-scale transformational sourcing projects, end-to-end, through input and guidance around category and sourcing strategy
Validate efficiencies specific to TCO (total cost of ownership) analysis and market research to develop robust sourcing strategies and recommendations
Build, maintain and manage relationships with key client stakeholders
Manage process for engaging with client suppliers to identify continuous cost improvement opportunities
Lead process discussion with client stakeholders to identify improvement opportunities
Schedule and lead presentations on project results including identified savings and recommendations to client executives
Create and explain score cards that provide in-depth analysis on sourcing results to guide client decisions
Act as subject matter expert on all sourcing to contract activities for both internal and client stakeholders. Represent thought leadership and a deep understanding of category cost drivers and market intelligence. Support business development pursuits
Demonstrate leadership guiding teams on source to contract and category management
Create, develop and expand category eminence, strategies/services to demonstrate Velocity's expertise and market presence
Manage team’s build out of category knowledge and category strategies
Stay up to date on industry trends and leading-edge practices
Delegate action to teams to address escalated issues to ensure client satisfaction
Finalize consulting decisions by guiding teams through large complex negotiations and contracting process
Provide mentoring and motivate diverse client engagement teams by delivering constructive on-the-job coaching to team members, while fostering an innovative and inclusive team-oriented work environment
Drive high-quality work within expected timeframes and within budget. Monitor progress, manage risk and ensure clients are kept informed about progress and expected outcomes
Build relationships with client personnel and deliver quality client services. Strive to assist our clients to uncover additional areas of opportunity and manage the business development process
Understand Velocity and its service lines and actively assess what the firm can deliver to better serve our clients
Qualification
Required
A bachelor's degree or master's degree
5+ years of experience of sourcing and procurement (in a consulting environment is a plus)
Sourcing in the Retail industry is highly desirable
Minimum of 5 years of experience working across indirect and direct spend categories
Demonstrated expertise in sourcing and procurement
Demonstrated ability to mentor and lead a team of professionals on multiple projects
Ability to scope client engagements and leading the client proposal process
Deep knowledge in at least one of the specific areas of expertise: strategic sourcing, category management, total supplier risk, source to pay, procure to pay, supplier relationship management, or spend analytics
Ability and openness to travel infrequently on an as-needed basis
Candidates must be eligible to work in the Unites States without limitation
Experience gained within another large professional services organization
Established networking skills in a relevant industry
Excellent written and verbal communication, interpersonal, facilitation, and presentation skills
Flexible and adaptable to changes from the client or internal stakeholders
Demonstrated track record of delivering results
5+ years of experience providing and/or leading the following activities: Developing project workplans including defining activities and milestones, Performing historical spend analysis to establish baseline and developing savings model using Excel, Executing Total Cost of Ownership (TCO) analysis, Experience/knowledge in one or more of the following categories – IT/Telecom, Real Estate, Marketing, Facilities, HR, MRO, Professional Services, or Travel
Proficient with Microsoft Office Suite