Sr. Sourcing Specialist

Job Posting End Date: September 03

When you join the team at Unum you become part of an organization committed to helping you thrive.

Here we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout lifes moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this we provide:

• Award-winning culture

• Inclusion and diversity as a priority

• Performance Based Incentive Plans

• Competitive benefits package that includes: Health Vision Dental Short & Long-Term Disability

• Generous PTO (including paid time to volunteer!)

• Up to 9.5% 401(k) employer contribution

• Mental health support

• Career advancement opportunities

• Student loan repayment options

• Tuition reimbursement

• Flexible work environments

And thats just the beginning

With 10000 employees helping more than 39 million people worldwide every role at Unum is meaningful and impacts the lives of our customers. Whether youre directly supporting a growing family or developing online tools to help navigate a difficult loss customers are counting on the combined talents of our entire team. Help us help others and join Team Unum today!

The Sr Sourcing Specialist is part of Unums global supply management organization and is responsible for leading the sourcing and execution of projects contracting and supplier relationship management across the enterprise utilizing project management skills to drive results and manage deadlines. These responsibilities include work in partnership to manage cost quality and delivery performance of Unums Supply Base. Key activities include management of cost reduction projects assisting with strategic sourcing activities for new and existing programs supplier contract negotiations and administration supplier performance management and developing and driving customized supplier and sourcing strategies.

Principal Duties and Responsibilities

• Leads and participates on high energy cross-functional teams responsible for developing implementing and executing of sourcing strategies specific to defined category in order to reduce cost and mitigate risk
• Manages and conducts RFX events related to low and medium complexity enterprise-wide sourcing projects (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.
• Develops negotiation strategies gains alignment from business stakeholders leads cross-functional category-based negotiation teams using BATNA and other methodologies and implements appropriate supplier risk analyses.
• Conducts complex analyses including price/cost analysis benefit analysis and financial analysis. Has excellent understanding of requirements for contract development and evaluation.
• Works closely with key business owners and subject matter experts throughout the organization to ensure that new requirements are sourced in a timely manner.
• Assists in analysis and interpretation of various procedures and guidelines as it relates to sourcing of goods and/or services.
• Supports and improves supply base development programs (e.g. supplier diversity local economic development green sustainability programs)
• Assist and consult with the business partners to create Service Level Agreements to effectively measure and manage supplier performance.
• Manages coordinates and tracks ongoing supplier relationship and performance by building supplier scorecards and conducting regular supplier feedback cycles to maintain or improve performance as appropriate.
• Ensure that the decision-making process is supported by technical and functional knowledge of the category and leading-edge analytical methods which encompass people systems and financial measures.
• Collaborate with legal to ensure contracts follow the contract review and approval process per company policy.
• Analyze supplier contracts and recommend appropriate changes
• Perform prospective supplier assessments including financial stability and customer reference checks

Job Specifications

• Bachelors Degree in Business Supply Chain Management (or equivalent work experience) and at least 5-8 years of Procurement Category Management Supplier Management or Sourcing.
• Project Management experience considered a plus
• Relationship and communication skills with ability to collaborate with and influence internal and external partners across all levels and geographic markets; proven ability to initiate and maintain stakeholder engagement; ability to develop a deep and thorough understanding of business category goals and objectives as they relate holistically to the enterprise
• Strong negotiation contracting communication (verbal & written) influence and leadership skills.
• Strategic thinking and planning skills balanced with proven track record of delivering tangible results in complex and matrix work environment
• Strong initiative with ability to set stretch goals and define steps to achieve results
• Proven skills to develop and implement sourcing and negotiation strategies.
• Demonstrated negotiation presentation and decision-making skills
• Ability to perform financial analysis (i.e. supplier capital projects ROI NPV financial status make vs. buy lease vs. buy etc.)

• Advanced PC skills required (Excel Power Point Word etc.)

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Unum and Colonial Life are part of Unum Group a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga TN with international offices in Ireland Poland and the UK Unum also has significant operations in Portland ME and Baton Rouge LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia SC with over 40 field offices nationwide.

Unum is an equal opportunity employer considering all qualified applicants and employees for hiring placement and advancement without regard to a persons race color religion national origin age genetic information military status gender sexual orientation gender identity or expression disability or protected veteran status.

The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description actual pay will be based on skill geographical location and experience.

$63500.00-$120000.00

Additionally Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health vision dental) insurance benefits (short & long-term disability) performance-based incentive plans paid time off and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.

Company:

Unum