Sourcing Consultant

Responsibilities

• Conduct in-depth analysis of client requirements and industry trends to identify strategic sourcing opportunities.
• Develop and execute comprehensive sourcing strategies, including market research and supplier identification.
• Engage with clients to understand their unique needs and tailor sourcing solutions accordingly.
• Negotiate and manage contracts with suppliers, ensuring favorable terms and conditions for our clients.
• Collaborate with cross-functional teams to align sourcing initiatives with overall business objectives.
• Monitor and evaluate supplier performance, ensuring compliance with agreed-upon SLAs and KPIs.
• Identify cost-saving opportunities and implement efficient procurement processes.
• Stay updated on industry best practices and emerging technologies in strategic sourcing.
• Provide regular progress reports and present findings to clients and stakeholders.

Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Minimum 3 years of experience in strategic sourcing or procurement, preferably in the insurance industry.
• Strong analytical and problem-solving skills, with the ability to interpret data and make informed decisions.
• Excellent negotiation and communication skills, with a track record of building strong client relationships.
• Proficiency in using sourcing and procurement software tools.
• Knowledge of industry-specific regulations and compliance requirements.
• Ability to work independently and manage multiple projects simultaneously.
• Strong attention to detail and a results-driven mindset.
• Willingness to travel as required for client engagements.
• A proactive and collaborative approach to team work.