About Our Company
At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love - driving innovation, creativity, and impact in the world.
Join Our Team
You want more out of a career. A place to share your ideas freely - even if they're daring or different. Where the true you can learn, grow, and thrive.
Our Mission
We're creating solutions that help businesses optimize their operations, families connect from anywhere, and whole communities leave smaller, greener footprints.
Job Description
The Sourcing Procurement Lead position is responsible for the development and execution of sourcing strategies to leverage relationships across the enterprise to achieve the best total value.
Sourcing Strategies
You will effectively manage the seven steps of the sourcing process including Spend analysis, Market Research, Supplier Due Diligence, Sourcing Strategy, RFX Management, Bid Analysis and Contract Management and Supplier Performance Management.
Responsibilities
1. Working in an agile way, switching between categories with a large supply base to meet business demands.
2. Identifying and evaluating the potential suppliers, core competencies using industry cost models, RFX development and execution, proposal evaluation, total cost of ownership, and supplier selection recommendation (upon partner approval and completion of successful negotiation and contracting).
3. Performing analysis of financial and business data related to supplier proposals and capability assessments to support the development of Verizon supply base, including ownership and management of key suppliers and partners.
4. Developing, managing and leading the cross-functional teams (CFT), running strategic sourcing processes, contract negotiation, contract administration including utilizing sourcing systems, supervising supplier performance, analyzing financial data, business planning, administration, and analysis.
5. Leading negotiations on the contract terms with the suppliers at Senior Management level and executing the contract in liaison with the Legal and Contract Management Team that bring in best possible cost service guarantee and develop