What are the responsibilities and job description for the Sr Sourcing Specialist position at Medical Mutual?
Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.2 million members through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans.
Job Summary
Provides expertise to the Procurement Department in the sourcing process to improve processes, build strong relationships with internal customers and external suppliers, and provide the best value in sourcing contracts.
Education and Experience:
Job Summary
Provides expertise to the Procurement Department in the sourcing process to improve processes, build strong relationships with internal customers and external suppliers, and provide the best value in sourcing contracts.
- Leads sourcing events (RFQ, RFI, RFP, or direct negotiation) with departments, supplier selection, price/contract negotiation, and defining acceptable service levels.
- Manage and maintain exceptional relationships with internal customers and external suppliers. Analyze initiatives that impact spend management and improve strategic sourcing methods. Interacts with leadership to ensure effective spend management occurs at all levels of the organization.
- Creates strategies from market analyses and benchmarking to enhance sourcing opportunities. Enhances understanding of regional and local supply markets, including major suppliers and their capabilities.
- Lead the development and implementation of special projects to enhance the performance of the department
- Performs other duties as assigned.
Education and Experience:
- Bachelor’s Degree in Business Administration with Supply Chain focus or related field.
- 5 years of experience as a Sourcing Specialist or equivalent experience.
- Certified Purchasing Manager (preferred).
- Experience with E-Sourcing - Oracle (iProcurement), Access, Excel, Word, and PowerPoint.
- Advanced knowledge of Strategic Sourcing Methodology (preferred – Services Industry), purchasing, financial modeling and qualitative analysis, market and supplier research and contract management.
- Advanced knowledge of project management.