Description:
SHORT DESCRIPTION
Donnelley Financial Solutions (DFIN) is a leader in risk and compliance solutions, providing insightful technology, industry expertise, and data insights to clients across the globe. We're here to help you make smarter decisions with insightful technology, industry expertise, and data insights at every stage of your business and investment lifecycles. As markets fluctuate, regulations evolve and technology advances, we're there. And through it all, we deliver confidence with the right solutions in moments that matter.
Summary:
Reporting directly to the Strategic Sourcing Manager, the Strategic Sourcing Senior Associate is responsible for the procurement andstrategic development of materials/services commodities within the DFIN organization. The Strategic Sourcing Senior Associate willoversee DFIN's portfolio of vendors to identify cost savings opportunities and manage current/new supplier relationships throughcontract execution and negotiations. This individual will participate in cross-functional projects to drive efficiencies through theorganization and generate cost improvements to create a value proposition for the organization.
RESPONSIBILITIES
Establish and maintain a portfolio of vendor agreements and supplier relationships for DFIN's vendors.
Work in a team environment to implement global sourcing and supplier strategies in correlation with market trends,business needs, and competitive landscape creating company roadmap for short, medium, and long-term gains
Leverage both current and new supplier relationships to drive cost reductions, negotiate long-term agreements, andform strategic partnerships that enhance the supplier portfolio to provide positive financial impacts and increasedstability
Collaborate with cross-functional teams to develop SOW's that reflect business needs in a way to clearly communicateto supply base and effectively support the business units
Conduct thorough RFP process and supplier selection in order to achieve cost targets, adhere to contractualrequirements, and follow strategic plans
Initiate benchmark analysis to identify potential cost gaps and ensure price alignment across commodity
Work with purchase requisitioners to create purchase orders in conjunction with Master Product and ServiceAgreements and annual budgetary needs
Collaborate effectively across all organization levels and functions to drive business units toward common goals andobjectives that are in alignment with procurement initiatives
Conduct commodity and supplier analysis to recognize and implement potential opportunities, gaps and risk analysis,and areas for efficiency gains
Ensure the organization's procurement and contracts (and contract management) policies, processes, procedures,standards, and guidelines are followed
Ascertain relevant market knowledge and best practices to offer alternative/improved solutions driving improvements inbusiness operations
QUALIFICATIONS
Bachelor's Degree in Business, Supply Chain, or related field
3-5 years experience in Purchasing
Preferred Skills:
Proven experience in effectively managing supplier relationships
Direct experience negotiating contracts relating to corporate business units
Demonstrate a solid understanding of legal terminology, contracts, contract language, contract terms and conditions,and contract redlining.
SAP experience is a plus
Demonstrated ability to use critical thinking when analyzing and resolving issues
Possess strong project management skills and the ability to multi-task complex requirements.
Strong interpersonal, problem-solving, and project management skills required
Experience in identifying trends, managing commodities, and establishing strategic direction
Ability to liaise and conduct project reviews with all levels of upper and executive management
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