Strategic Sourcing Specialist

Posted 10 Days Ago
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New Orleans, LA
In-Office
Senior level
Energy
The Role
The Strategic Sourcing Specialist drives cost savings through strategic sourcing initiatives, manages vendor relationships, and collaborates with internal departments for operational excellence.
Summary Generated by Built In

The Strategic Sourcing Specialist is responsible for sourcing materials and services through strategic sourcing initiatives. This role will drive cost savings, ensure supplier performance, and contributing to operational excellence and financial objectives.

Responsibilities

  • Strategic Sourcing & Negotiation: Lead and execute strategic sourcing initiatives, including competitive bidding (RFQs, RFPs) and contract negotiations to achieve best value and favorable terms. Conduct spend analysis to identify cost reduction opportunities.
  • Vendor Management: Proactively manage the active vendor list, identify, evaluate, and qualify new vendors. Manage existing vendor relationships, conducting performance reviews and ensuring compliance, quality, and timely delivery.
  • System Utilization: Utilize EAM Hexagon and Workday for sourcing and purchasing activities, ensuring accurate data entry and system optimization.
  • Stakeholder Collaboration: Partner with internal departments (Operations, Maintenance, Engineering, and Finance) to understand needs, uncover sourcing opportunities, align sourcing strategies, and implement sourced outcomes.
  • Contract Management: contracting needs whether establishing new contracts or managing existing contracts.
  • Compliance & Improvement: Ensure all activities adhere to company policies and external regulations. Monitor KPIs to drive continuous process improvement and cost savings.

Education and Experience

  • 5+ years of experience in strategic sourcing, strategic procurement, field operations, and/ or engineering preferably in the midstream energy sector, or terminal or logistics environment, with a proven track record of cost savings and effective supplier management.

Skills and Abilities

  • Excellent negotiation, communication (written and verbal), and interpersonal skills. Strong organizational and problem-solving abilities.
  • Self-motivated with a focus on results and continuous improvement.
  • Proficiency in EAM Hexagon and Workday systems.
  • Proficiency in Strategic Sourcing, Category Management, and/ or Strategic Procurement.
  • Strong analytical skills, particularly in spend analysis (Excel proficiency).

Hours of Work

  • Typical hours of operation are Monday through Friday 8:00 am to 5:00 pm.
  • This position requires occasional additional or weekend work as job duties demand.
  • Occasional travel may be necessary, sometimes with little or no advance notice.

Physical and Environmental Demand

  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • This job operates in a professional office environment. This role routinely uses standard office equipment such as laptop computers and smartphones.
  • While performing the duties of this job, the employee is regularly required to talk or hear.
  • This is largely a sedentary role; however, some filing is required.
  • This would require the ability to lift to 25 pounds.

This job description is intended to describe the general nature and level of the work being performed.  This is not an exhaustive list of all duties and responsibilities. The company reserves the right to amend and change responsibilities to meet business and organizational needs as necessary with or without notice.

IMTT is an equal opportunity employer Minority/Female/Disabled/Veteran and a drug free workplace.  We exercise high ethical standards and are committed to complying with all laws in the jurisdiction where we conduct business.  Our internal policies and procedures support this commitment.

If you like working with happy, enthusiastic over-achievers, you'll enjoy your career with us! 

Top Skills

Eam Hexagon
Workday
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The Company
HQ: New Orleans, LA
526 Employees

What We Do

Headquartered in New Orleans, Louisiana, for over 80 years, IMTT is an industry leader in the handling and storage of bulk liquid products through its ownership and operation of approximately 50 million barrels of storage capacity across 19 terminals throughout North America. IMTT's terminals handle petroleum, biofuels, commodity/specialty chemicals, and vegetable/tropical oil products for customers including refiners, commodities traders, and chemical manufacturers and distributors. Riverstone Holdings LLC acquired IMTT on December 23, 2020.

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