Senior Strategic Sourcing Professional

Location: Chattanooga, Tennessee
Source One has been retained by our client, a banking industry leader based near Chattanooga, Tennessee, to help them find a full-time permanent Senior Strategic Sourcing Professional.  Reporting directly to the Assistant Vice President/Group Director within a global team, this highly visible role provides frequent interaction with executive level stakeholders, and requires someone with a proven track-record of delivering value and driving strategy. 
What will I do?
  • Lead and participate on high energy, cross-functional teams to develop, implement, and execute sourcing strategies specific to defined category to reduce cost and mitigate risk
  • Manage and conduct RFX events across enterprise-wide sourcing projects varying in complexity (e.g., preparing bid analysis, process specifications, tests, reports, and other exhibits for critical and complex requirements; presenting sourcing recommendations, managing timeline related to bid/proposal - meetings, amendments, and notifications)
  • Ensures proper control & consistent application of best practices for the enterprise
    through the use of sourcing and procurement processes
  • Develop negotiation strategies, gain alignment from business stakeholders, lead cross-functional, category-based negotiation teams using BATNA and other methodologies, and implement appropriate supplier risk analyses
  • Conduct complex analyses, including price/cost analysis, benefit analysis, and financial analysis
  • Manage the end-to-end contracting process, including acting as the intermediary between Legal and Procurement to standardize contract templates & terms
  • Obtain all appropriate and required internal reviews and approvals for contract terms and provisions
Who should apply?
  • Bachelor’s degree in Business, Supply Chain, or similar studies
  • 5-8 years’ in Procurement, Category Management, Supplier Management, Strategic Sourcing, or equivalent work experience in the financial or professional services industry  
  • Project Management experience a plus
  • Relationship and communication skills with ability to collaborate with and influence internal and external partners across all levels and geographic markets
  • Ability to develop a deep and thorough understanding of business category goals and objectives as they relate holistically to the enterprise
How to Apply:
If interested, please apply on our web portal: Make sure to include your salary requirements. Please do not contact the hiring manager directly.
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