Strategic Sourcing Associate

Elite Technical is seeking a Strategic Sourcing Associate for our customer, a major Healthcare Insurance organization in the Maryland area. Although primarily remote, the selected candidate will be going onsite to Canton MD area for onsite occasional (at least 1x per qtr, could be monthly based on meetings/projects). This is a contract to permanent opportunity. Please see the details below:

Lead Stakeholder Engagement and Sourcing Initiatives:
- Collaborates with business stakeholders and procurement management to determine sourcing category strategy.
- Responsible for working with business stakeholders and procurement management to frame and develop project objectives, requirements, and sourcing strategy prior to supplier engagement.
- Drafts and leads the applicable sourcing process through scoring and completion (e.g. RFx, sole source, etc.).
- Acts as primary contact with potential suppliers during the RFx, selection, and negotiation process.
- Leads supplier negotiations throughout RFx and contracting process to achieve optimal savings, value, and risk profile.

Negotiate and Draft Contracts:
- Implements the sourcing strategy and negotiation and redlining process with the supplier to draft contracts that accurately capture business, technical, and legal requirements (including contractual and purchase order documentation).
- Acts as liaison with business owner and supplier during negotiations.
- Works closely with legal and risk groups to ensure consistent communication and socialization of significant legal and risk issues throughout the negotiation process.
- Interacts routinely with legal and business owner to resolve issues.
- Responsible for the preparation and submission of documentation for consent from the Federal Government (as applicable).
- Ensures and adheres to corporate purchasing policy directives and Federal Government regulations.
- Ensures compliance with contractual requirements for Federal Employee Program and other state and local contracts specifically related to MBE/WBE requirements and reporting.
- Consolidates requirements and coordinates with management to determine the most suitable method of purchase such as spot purchase orders, contracts, blanket orders and supplier stocking arrangements.

Supplier Management:
- Ensures procurement process is followed and all documentation is complete and accessible in the Ariba source to pay system.
- Analyzes and compares service and/or product offerings and specifications, investigates future renewal requirements and options, and resolves contract and invoice discrepancies.
- Manages existing contracts to anticipate and prepare for ongoing renewals.
- Provides other services related to the sourcing, contracting, and supplier management function as required.

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