Home
/
Comprehensive
/
Procurement Principal Sourcing Specialist
Procurement Principal Sourcing Specialist-September 2024
Riverwoods
Sep 20, 2024
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
VIEW COMPANY PROFILE >>
About Procurement Principal Sourcing Specialist

  Discover. A brighter future.

  With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

  Come build your future, while being the reason millions of people find a brighter financial future with Discover.

  Job Description:

  What You’ll Do

  Execute sourcing and category management activities for designated category, as directed by Category Management leadership

  Partner with internal stakeholders to develop requirements, issue and score RFx events, develop appropriate leverage, negotiate pricing and commercial terms, and assist in contracting.

  Bring outside market expertise to assist internal stakeholders and management of optimal supplier pricing and service structures as well as insights to changes in market conditions.

  Calculate and report realized savings, and execute category management and sourcing best practices. Establishing and prioritize project plans for sourcing projects will be critical to achieve expected objectives and results.

  Actively manage and escalate risk and customer-impacting issues within the day-to-day role to management.

  How You’ll Do It

  Utilize best in class strategic sourcing process and data driven analytics to negotiate optimal commercial T&Cs that meet or exceed the needs of Stakeholders. Develop and execute RFx, analyze results, establish leverage strategies, and assess award scenarios. Negotiate and approve all commercial terms related to third party contracts to optimize total cost of ownership for Company.

  Based on the analysis of Company spend, client activity and the marketplace, develop and recommend the most appropriate sourcing strategy for each project assigned.

  Provide expertise within the organization around the supply markets that DFS buys in for designated category, and understand the effects that economic, technological, and governmental changes that impact those markets; share expertise with junior sourcing staff and leadership. Continuously review industry and peer best practices, educate the organization on them, and develop plans to implement those that provide a competitive advantage for DFS.

  Utilize sound project management techniques to ensure projects meet objectives and timelines, including development of comprehensive project and communication plans. Maintain team accountability to project deliverables and execute all necessary communications to ensure accurate and timely flow of information to internal customers, stakeholders, and suppliers.

  Build positive working relationships both internally and externally to provide DFS with goods and services at the lowest Total Cost of Ownership at the Highest Quality.

  Ensure actions are in compliance with department and company policies and procedures, and applicable local, state, and federal laws.

  Qualifications You’ll Need

  The Basics:

  Bachelor's degree in Business or Arts

  6+ years of experience in sourcing or related field

  In lieu of a degree, 6+ years of experience in sourcing or related field

  Lean, Six Sigma

  Bonus Points If You Have

  Master's degree in Business or Arts#LI-EB1

  Application Deadline:

  The application window for this position is anticipated to close on Jan-09-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

  Compensation:

  The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

  Benefits:

  We also offer a range of benefits and programs based on eligibility. These benefits include:

  Paid Parental Leave

  Paid Time Off

  401(k) Plan

  Medical, Dental, Vision, & Health Savings Account

  STD, Life, LTD and AD&D

  Recognition Program

  Education Assistance

  Commuter Benefits

  Family Support Programs

  Employee Stock Purchase Plan

  Learn more at MyDiscoverBenefits.com .

  What are you waiting for? Apply today!

  All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

  Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights) (https://urldefense.com/v3/__https:/www.eeoc.gov/poster__;!!MjXRb4uW6x5k!ABIVgRw0WsyX2wfQC-pKxK3V9X4h1NBUGgjO7EM8PTvp5MNRgpEuVC_jVk0fcn_ISAZjmwkbLuUIrj8mFedCBkyz$)

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Food Service Worker, Part-time (North Catholic High School)
Food Service Worker, Part-time (North Catholic High School) AVI Foodsystems Inc North Catholic High School, PA (Onsite) Part-Time Apply Now (https://application.careerbuilder1.eu/apply/cb1/J3Q1ZC72C5
Customer Care Analyst (temporary replacement contract 3/4 months)
Customer Care Analyst (temporary replacement contract 3/4 months) General Information Req # WD00059997 Career area: Customer Experience Country/Region: Argentina State: Capital Federal City: CABA Dat
Bookkeeper
Description Robert Half is actively looking for a Bookkeeper. Do you have experience working with A/P, A/R, General ledger, and financial reporting? You may be the right candidate for this Bookkeeper
Internship - Sales/Sales Operations
Internship - Sales/Sales Operations Location PA, Malvern Department Internship Employment Type Full Time Have you ever used the self-checkout in a Walmart, Target or Home Depot? Played the slots at a
Data Engineering Intern
Job Description As an integral part of Intel's new IDM2.0 strategy, we are establishing Intel Foundry Services (IFS), a fully vertical, standalone foundry business, reporting directly to the CEO. IFS
Medical Assistant - Pediatrics - Optum
$1,000 Sign on Bonus for External Candidates Opportunities with Optum in the Tri-State region (formerly CareMount Medical, ProHEALTH New York and Riverside Medical Group). Come make a difference in t
Part Time Sales Associate
Company Description As the global leader in health and wellness innovation since 1935, GNC motivates people to reach their goals with the most trusted and exciting selection of products in the indust
Business Continuity Risk Reporting Manager
BUSINESS CONTINUITY RISK REPORTING MANAGER WHAT IS THE OPPORTUNITY? Business Continuity Risk Management (BCRM) program is in the second line of defense and is accountable for CNB's BCRM strategy and
Support Analyst - R0022217
Support AnalystHarris Local Government - Remote Providing high quality, friendly and prompt phone support for a variety of local government software applications is the primary responsibility of this
Principal Scientist, Early Development Chemistry, Small Molecule Process Research and Development
Job Description Our Research Scientists are our Inventors. We identify and target steps in disease mechanisms or pathways that could be inhibited or enhanced. Our goal is to isolate a compound that i
Copyright 2023-2024 - www.zdrecruit.com All Rights Reserved