Sourcing Lead

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Job description

Sourcing Lead

Job Description

OVERVIEW:

CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, is looking to fill a role on the Global P2P team of CoStar. The Sourcing Lead shall contribute to the development of and is responsible for executing the defined sourcing strategy for assigned category.

The Sourcing Lead will have accountability for managing assigned supply base and catalogue content and educating the business partners on best practices in the requisition-process, as well as negotiating, managing and maintaining contracts long with KPI's.

The Sourcing Lead takes full ownership of managing all aspects of the category contracts. The Sourcing Lead will take a leading role in driving local and regional cost savings, contributing to overall ROI of procurement performance in line with the overall category strategy. In regard to the CoStar P2P optimization initiative, the Sourcing Lead is expected to manage and drive improvements in efficiency and automation within the requisition to pay process and contribute to ongoing process improvements.

In addition, the Sourcing Lead will take the lead in managing the implementation of a global eProcurement system and regional as well as local development. Further, he/she will provide adequate support to the relevant Senior Director, Procure-to-Pay on arising sourcing related tasks.

RESPONSIBILITIES:

* Execution of sourcing decisions for assigned category

* Allocation of contracts to demand requests

* Performance responsibility for assigned category and supply base on regional and local level and its reporting a communication within the category team

* Management of supplier base and ensure quality in supply

* Responsible for savings and KPI achievements and its reporting of the supply base

* Effectively managing requisition to pay process

* Procurement process optimization with the agreed field of engagement

* Active and adequate support of the Senior Director, Procure-to-Pay and Senior Manager, Procure-to-Pay

* Conduct negotiation of products and services on regional and local level

* Supporting the Business Partners in developing commodity and supplier strategies

* Execute sourcing strategies defined by the Senior Director, Procure-to-Pay and Senior Manager, Procure-To-Pay

* Support sourcing process, identifying regional and local supply needs, soliciting quotes, tendering and negotiating supplier contracts

* Analysis of supply markets for the assigned commodity groups in alignment and under supervision of Senior Director, Procure-to-Pay

* Closely interact with Business Partner's and act as a central entry point for requisitions related to the assigned category

* Initiate, assist the Business owners in set up of purchase orders in line with contracts or single-case procurement activities as: expediting, changes, delivery, cancellations, acknowledgements, verify requisition against catalogue availability, etc

* Manage and track supplier reliability and administer improvement program

* Develop supplier performance reporting and establish standard process for monitoring and evaluation

* Maintain contracts, ensure central accessibility of contract terms and conditions, support tool development for tracking and maintaining contracts

* Support implementation and increase utilization of eProcurement system from a regional perspective

* Drive early procurement involvement and pro-actively conduct internal customer care

BASIC QUALIFICATIONS:

* Bachelor's degree in sciences, supply chain, finance, or related

* 1 year sourcing experience in Marketing or Media category utilizing ERP system (SAP/Oracle)

* 2+ years experience with sourcing, databases, analytics, contracts and procurement of indirect materials and services

PREFERRED QUALIFICATIONS:

* Prior experience setting up suppliers and agreements in Oracle

* Fluency in Spanish, German or French is a plus

* Strong customer care focus

* Negotiation skills and good experience in supplier management

* Ability to work well with a team and independently

* Knowledge of procurement principles, process and price/cost analysis methodology

* Knowledge of procurement relevant legal terms and methodologies

OVERVIEW OF COMPANY:

Founded in 1987, CoStar Group is the leading provider of commercial real estate information, analytics, and online marketplaces. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availability. Behind some of the most well-known brands in the industry, CoStar Group includes CoStar, the largest provider of CRE research and real-time data; LoopNet, the most heavily trafficked mobile and online real estate marketplace; Apartments.com, the premier rental home resource for renters, property managers and owners; STR, the leading provider of performance benchmarking and comparative analytics to the hotel industry; BizBuySell, the largest online marketplace for businesses-for-sales; and Lands of America, the leading operator of online marketplaces for rural real estate.

Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S. and in Europe, Canada, and Asia with a staff of over 4,300 worldwide.

WHAT'S IN IT FOR YOU:

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to):

* Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug

* Life, legal, and supplementary insurance

* Commuter and parking benefits

* 401(K) retirement plan with matching contributions

* Employee stock purchase plan

* Paid time off

* Tuition reimbursement

* On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes, as well as Segways and bikes available for use during the day

* Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks

Be part of a team of professionals enjoying the opportunity to learn, do, and grow in a rewarding atmosphere. But don't just take our word for it -- see why our team chose to work at and stay at CoStar Group:

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar is not able to provide visa sponsorship for this position.

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CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing