Principal Consultant - Strategic Sourcing
Nitor Partners - Cleveland, OH

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Company Description

Nitor Partners is the leading provider of Procurement Transformation and Spend Management consulting services. Over the last fifteen years, the Nitor team has worked with dozens of Fortune 500 companies. In the Procurement Technology space, our goal is to deliver assessment, optimization and implementation of technology to improve procurement performance. In the Strategic Sourcing space, our goal is to deliver sustainable savings. Through the use of industry leading tools & experts in the field of strategic sourcing and procurement technology, Nitor has helped companies manage billions in spend.

Principal Consultant - Strategic Sourcing

The primary focus of the Principal Consultant is to provide strategic sourcing expertise and leadership for sourcing projects across our client companies by utilizing wider strategic experience and functional sourcing knowledge. The Principal Consultant will lead and coordinate highly complex purchasing activities across a number of categories and business functions including: technology (software, hardware and professional services), marketing (online/offline advertising and professional services), business process outsourcing (BPO), human resources (recruitment solutions, payroll & HR administration solutions), facilities management, professional services, temporary labor and financial services.
The Principal Consultant will also lead and support client companies in all activities related to supplier negotiations, costing activities, supplier contracts, sourcing of new suppliers, as well as vendor evaluation and improvement programs.
Additionally, a portion of this role will center on identifying opportunities for business/scope development and internal operation improvement for Nitor Partners.

Key responsibilities Include:

  • Managing mid-level customer and supplier relationships during the planning and sourcing phases to ensure customer satisfaction
  • Identify strategic sourcing and cost reduction strategies for categories and aligning them with client corporate strategy and user needs
  • Developing and managing supplier base for specific categories
  • Supporting and managing all aspects of the strategic sourcing process, including the relationship with suppliers during the sourcing stage
  • Demonstrating strong skills in the analysis, sourcing, implementation, financial accounting and controls of assigned commodities and tasks
  • Providing analysis and support for better business decision-making
  • Ensuring risk is mitigated and optimization of total delivered cost is achieved
  • Capitalizing on opportunities for sustainable savings based on consolidation of spend, increased efficiencies and economies of scale for both the company and the suppliers
  • Working with client stakeholders to embed a formal, fact-based purchasing process in all company procurement activities to enable the organization to leverage purchasing power
  • Introducing continuous process improvement and cost reduction
  • Explore opportunities to increase the project scope and report observations to Partner.

As the ideal candidate you possess:

  • 10+ years experience in one or more of the following skills: Procurement Diagnostics, Strategic Planning, Procurement Transformation, Procurement Performance Optimization, Procurement Process and Governance Development, Strategic Sourcing, Supplier Relationship Management, Procure to Pay and Procurement Outsourcing.
  • 10+ years experience in Operational Consulting, OR Direct/Indirect Materials Sourcing, OR Procurement Leadership
  • 10+ years analytical analysis with procurement and supply chain focus
  • 6+ years experience with Microsoft Office suite of products (XP and before); notably Excel, PowerPoint, Word and Outlook, MS Access
  • Leadership experience with exceptional interpersonal and communication skills to work effectively with the team and all levels and areas of the organization
  • University degree in Business Management or a Bachelor’s degree in a related field is required. Master’s degree is an asset.

Preferred Skills:

  • Senior experience and deep knowledge of the strategic sourcing process
  • Senior experience in procurement and supply chain transformation
  • Strong understanding of procurement governance, processes and policies.
  • Ability to work under pressure and meet deadlines.
  • Demonstrated ability to handle multiple tasks and assignments simultaneously
  • Strong interpersonal, communication, and time management skills
  • Ability to manage, advise and develop consulting resources
  • Strong aptitude, ability, motivation and interest in performing quantitative analysis within a business environment
  • Ability to validate and derive insight from large amounts of data from diverse sources
  • Experience in collecting, manipulating, interpreting, and cleansing data from multiple and diverse sources
  • Experience in gathering data from legacy systems such as JD Edwards, SAP, and Oracle
  • Familiar with financial data contained in systems such as General Ledgers, Accounts Payable, Purchase Orders
  • Familiar with eProcurement Source to Pay tools (e.g., SAP SRM, Ariba)
  • Ability to travel up to 80% (primarily in North America)

All applications are held in strict confidence. Nitor Partners is an equal opportunity employer who encourages applications from all qualified applicants. We thank all applicants for their interest; however, only short listed candidates will be contacted.