Sourcing Consultant

Job Description

Job Description

Position Description

The Sourcing & Procurement Consultant or Senior Consultant is responsible for partnering closely with our clients’ sourcing and procurement departments and other functional stakeholders to support various business improvement initiatives with a goal of achieving deeper and sustainable cost savings.

Candidates must be self-starters with proven experience leading strategic sourcing projects. A strategic mindset, agility, and the ability to learn quickly are vital. The ability to take on new challenges and extend beyond one’s comfort zone is required.

Role Summary :

• 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.

Our ideal candidate will have :

Developing project workplans including defining activities and milestones