What are the responsibilities and job description for the Sourcing Consultant position at wellsfargo?
Title: Sourcing Consultant
Location: 550 S 4th St, Minneapolis, MN
Duration: 12 months
Work Engagement: W2
Work Schedule: 3 days in office/2 days remote
Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits
Summary:
We are seeking a Sourcing Consultant to support sourcing and procurement initiatives within a dynamic and collaborative environment. In this contingent assignment, the consultant will contribute to moderately complex sourcing activities, support strategic planning, and partner with internal stakeholders to deliver effective sourcing solutions.
Responsibilities:
Consult on and participate in moderately complex sourcing initiatives and deliverables
Contribute to large-scale sourcing planning efforts and execution of category strategies
Review and analyze sourcing challenges, conducting in-depth evaluation of varying factors
Support the resolution of sourcing-related issues, applying strong knowledge of policies, procedures, and compliance requirements
Collaborate closely with client personnel and cross-functional teams to meet sourcing objectives
Assist with contract lifecycle activities, including drafting, review, negotiation, and analysis
Conduct financial and cost analysis to support sourcing decisions
Manage and prioritize multiple sourcing and procurement projects simultaneously
Support vendor selection, evaluation, and procurement processes
Utilize sourcing tools and software to drive efficiency and reporting
Qualifications:
Applicants must be authorized to work for ANY employer in the U.S. This position is not eligible for visa sponsorship.
Experience in sourcing, procurement, or related field, demonstrated through work, consulting, military, or education
Strong understanding of sourcing and vendor procurement processes
Experience with contract drafting, negotiation, and analysis
Ability to perform financial analysis and cost evaluation
Strong interpersonal, verbal, and written communication skills
Ability to prioritize and manage multiple projects effectively
Proficiency with computer software and sourcing tools
Demonstrated experience in:
Contract management
Project management
Vendor sourcing and procurement
Financial analysis
Experience working in large, matrixed organizations
Familiarity with compliance and regulatory sourcing requirements
Experience with procurement or sourcing systems (e.g., Ariba, Coupa, SAP)