Indirect Sourcing Lead

JOB SUMMARY:

The Indirect Sourcing Lead (“ISL”) is responsible for strategic global sourcing, managing supplier relationships, supply chain security, and managing supplier pricing and contracts. The ISL is responsible for partnering with internal department stakeholders to strategically source and manage various indirect spend categories including, but not limited to, consulting services, software and hardware, marketing research and materials, engineering design services, facilities and real estate, fleet, human resources, and capital equipment.

Contract management responsibilities will focus primarily on supplier, consultant, real estate and capital equipment contracts.

ESSENTIAL/PRIMARY DUTIES:

Manages a high volume of company contracts throughout the contract lifecycle, including development and refinement of new contracts and contracting processes (e.g., development of tracking, tracing, and renewal policies and procedures), along with management of existing contracts

Formulates and executes strategy for supplier negotiations

Interacts directly with Midmark’s senior management team and acts as the direct contact for external contractual obligations

Maintains expert knowledge of stakeholder spends, including industry trends, economic factors, supply chain security issues and key suppliers for each indirect spend category

Builds and nurtures relationships with key business stakeholders to establish clear and measurable strategic sourcing objectives focused on continuous improvement in each indirect spend category

Develops and implements category and supplier strategies and leads implementation of strategies through supplier selection, scope of work process and contract management

Manages supplier relationships within each category through intimate knowledge of the supplier’s management team, facilities, capabilities, business health, and performance record

Interacts with New Product Development (NPD) teams and the supplier base to lead the supplier qualification and selection process and ensure support and success of NPD projects

Develops, manages, and executes RFIs, RFPs and RFQs

Leads cross-functional teams through the sourcing process

Leads and manages the indirect contract review process for all internal departments

Develops, implements, and enforces core contract management processes for request, execution, and archiving of Midmark’s indirect contracts

Serves as a primary point of contact for internal stakeholders and suppliers with respect to indirect contract issues

Administers contract renewals for Midmark’s indirect agreements

Manages the archives of all executed indirect contracts

SECONDARY DUTIES:

Works with internal stakeholders and legal counsel as necessary to review contract terms and conditions and advise stakeholders and suppliers to reach acceptable outcomes

Identifies contract management process improvements that increase efficiency, compliance or reduce cost to the business

Supports the Indirect Spend Manager in achievement of cultural and behavioral change towards the growth of a sustainable, best in class sourcing organization

Maintains Indirect Toolbox (i.e., Spend Database, Market Reports, Contract Database, Resource Database)

Collaborates with the Quality organization on Service Supplier programs within the Quality Management System

Supports adherence of Finance policies and procedures

EDUCATION and/or EXPERIENCE:

Bachelor’s degree in supply chain, finance, or business required and 3-5 years of relative experience, or equivalent combination of education and experience. 3-5 years’ experience in contract management, with a focus on contract generation, review and renewal processing preferred.

COMPETENCY/SKILL REQUIREMENTS:

Effective collaboration with internal stakeholders to align strategic objectives and gain support; ability to influence and coach-up

Ability to establish and maintain effective interpersonal working relationships with internal stakeholders, external suppliers and fellow teammates at all levels

Ability to manage multiple priorities and deliver upon timeline commitments

Ability to learn and apply new information quickly; use logic and intuition to define problems; possess technical, financial, analytical and strong problem-solving skills

High level of attention to detail

Experience with contract management systems

High level of legal acumen

Excellent verbal and written skills specific to drafting sophisticated contract language to execute on strategies

Must possess solid verbal and written communication skills

Ability to maintain complete confidentiality and discretion in business relationships and exercise sound business judgement

Proficient in Microsoft Office Applications

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