• Develops and implements enterprise-wide sourcing strategies • Owns sourcing strategy for assigned areas • Manages the strategic sourcing process for Kitting and Raw Materials, from supplier/product evaluation to negotiating contracts and compliance monitoring • Coordinates and manages the ongoing supplier management process • Maintains an up-to-date understanding of enterprise needs, relevant industries, and best practices for strategic sourcing • Manages commodity and strategic sourcing efforts and relationships • Successfully liaise between the site locations and corporate to implement updates to raw material qualifications as needed to support business initiatives and sourcing strategy • Performs market research on assigned categories and commodities • Support eSourcing Initiatives and manage the contract lifecycle • Identifies qualified suppliers for participation in sourcing events • Leads (or assist with) contract negotiations using a variety of techniques, including multi-round competitive bidding Request for Information processes; manages and facilitates cross-functional teams in the pursuit of corporate procurement categories; maintains the highest degree of ethical standards and adherence to Owens & Minor policies in the conduct of corporate procurement projects • Monitors significant developments among suppliers, i.e. financial results, management turnover, and product line strategies • Provides training and tools to business users and internal customers to support procurement processes • Provides management and administrative support for technology tools that support the supplier and contract management processes • Networks externally to facilitate competitive intelligence: best practices, emerging/potential sources of competitive advantage, market pricing, etc. • Works with internal customers and business units to formulate short to long-term sourcing strategies for external suppliers/service providers • Develops effective working relationships with key decision makers/influencers, line of business executives, and subject matter experts • Monitors supplier compliance with established agreements to include service levels, outages or other unusual events, customer satisfaction levels, supplier responsiveness, accuracy and timeliness of invoices, and invoice processing efficiency • Monitors organizational compliance with established vendor agreements, including adherence to contract terms, meeting requirements for self-audit and true-up, and timeliness of invoice payment • Tracks and reports savings for assigned categories • Runs queries in financial systems and interprets data and results to help Owens & Minor to make vital business decisions as part of the sourcing process • Performs spend analysis based on several different sources of information/data • Prepares financial models and presents results to sourcing teams and internal customers • Works independently to analyze enterprise-wide current spend and suppliers used through the Accounts Payable, Travel & Expense, wire transfers, corporate procurement cards, and other financial systems • Reviews paper and electronic invoices to understand and un-bundle the current pricing of goods and services into parts, such as purchase prices, discounts, implementation charges, and add-on fees • Analyzes spending patterns and all associated costs relative to the total cost of ownership related to goods and services • Understands and develops volume, growth patterns, and assumptions necessary for sourcing any individual category • Reviews and analyzes supplier responses at each round and identifies areas for clarification, i.e., incomplete information, comparing specific and total pricing • Analyzes procurement processes for inefficiencies, gaps, and ineffectiveness, making recommendations to management regarding opportunities for improvement; leads, partners, or consults on implementing sanctioned changes or modifications • Takes advantage of opportunities to increase utilization of e-procurement tools • Performs additional duties as directed