SOURCING SPECIALIST - LyondellBasell Industries : Job Details

LyondellBasell

Basic Function

LyondellBasell (NYSE: LYB) is a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim tounlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare.

Job Summary:

The LYB Sourcing Specialist plays a crucial role in driving the success of a specific goods or services category within the company. This includes, but is not limited to providing input to the process of developing and implementing effective sourcing strategies to achieve overall value for the assigned category.

Roles & Responsibilities

Basic Function of the Sourcing Specialist:

Creates value by providing appropriate input into the development and implementation of sourcing strategies, function/business specific related agreements and related work processes in accordance with the global strategy.

Supports all clients in the business and functions that responsible category areas support. An active team member with responsibility for various sourcing activities pertaining to business operation and providing support to the overall sourcing strategy.

Begins to independently manage sourcing projects with increasing complexity and medium value.

Supports market analysis activities.

Participates in the process of identifying, evaluating and selecting potential suppliers.

Participates in contract negotiations in the assigned category.

Long Description

ROLES AND RESPONSIBILITIES: Activities and duties will vary dependent upon functional area assigned. Activities may include, but are not limited to:

Executes the sourcing process and is able to effectively source goods or services segments with increasing complexity and medium value.

Understands strategies for assigned segments and proactively drives initiatives to meet sourcing objectives.

Drives productivity opportunities with supply base to deliver value to the business.

Supports Category Managers during complex sourcing initiatives through data modeling and analysis, change management and new process execution.

Ensures high ethical and financial control compliance standards are met by the organization.

Maximizes revenue share and controls cost by responding to audits, surveys, or other information requests from internal and external sources.

Works collaboratively with the LYB Procurement Specialists in the implementation of strategic sourcing initiatives.

Develops and composes bid specification in such a manner that internal customer needs are addressed.

Demonstrates the initiative to challenge inefficiencies, process deviations, and strategy deviations.

Understands strategies for assigned segments and proactively drives initiatives to meet sourcing objectives.

Performs spend analysis by collecting and analyzing spend data

Performs market analysis by doing market research and understanding the supplier landscape, capabilities market trends and pricing models and by doing benchmarking which includes comparing current prices and supplier performance against market standards to identify potential improvements.

Assesses supplier capabilities thru KPI analysis and makes recommendations on supplier acceptability and selection. Identifies and qualifies new suppliers as required.

Participates in supplier engagement efforts including but not limited to reviewing supplier performance against agreed upon KPIs and SLAs, developing and implementing supplier continuous improvement initiatives and monitoring suppliers' sustainability performance.

Identify and select suppliers who prioritize sustainability practices, contributing to our company's commitment to environmental and social responsibility

Supports Category Managers in driving Advancing Supplier Potential (ASP) initiatives

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Short Description

The chosen candidate will work with the IT Category Manager to successfully manage and execute contracts in the software, IT services, hardware, and Telecom spaces. They will be responsible for sub-categories and managing an annual spend of $20-40MM. The majority of contracting will involve renewals, but the candidate will also handle RFPs and develop new contracts. The role includes responsibility for co-terming contracts, rationalizing both contracts and suppliers, and achieving cost savings targets at both the team and individual levels. Strong collaboration is required with internal stakeholders, particularly IT contract owners, IT managers, the DPA team, and legal. Prior procurement experience, especially in IT, is highly preferred. Familiarity with SAP and Ariba is a plus

Min. Qualifications

As a Sourcing Specialist at LYB you are expected to consistently demonstrate developing skills in the following:

Collaboration (including cross-functional, cross-cultural)

Relationship management

Leveraging strategic relationships with both stakeholders (internal) and suppliers (external)

Demonstrating strategic influence

Selling ideas

Presentation skills art

Multi-tasking in a fast-paced environment

Working independently in an ambiguous environment

Achieving strategic alignment with both stakeholders and Procurement leaders

Serving as a change agent, demonstrating change management leadership skills

Harnessing an innovative mindset

Being a long-term visionary

Being environmentally & socially conscious, actively supporting LYB's sustainability objectives

Harmonizing analytical prowess with strategic planning

Gathering and applying market insights

Risk identification and management

Exercising strong analytical and strategic thinking skills

Negotiations

Effective communication

Cultural competence (demonstrating an understanding an appreciation of diverse cultural norms, values and communication styles, being sensitive to cultural differences and adept at bridging cultural gaps)

Using data analytics tools and software

Using AI and other digital tools

Education and Key Requirements:

Bachelor's degree preferred (or recognized equivalent). Master's degree preferred (or recognized equivalent).

4+ years related experience required with a degree (8+ years in lieu of a degree);

3+ years of chemical or related industry experience and knowledge related to purchasing and materials management is preferred.

Experience in manufacturing environment, in Technical or Business related positions preferred.

Negotiations and contract experience required.

Preferred Qualifications

Competencies

Build PartnershipsDeliver ResultsDrive InnovationGrow CapabilitiesPromote InclusionMotivational/Cultural FitTechnical Skills

We are LyondellBasell - a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to champion our employees, and unlock value for customers, investors and society. LyondellBasell places high priority on diversity, equity and inclusion and is strongly committed to our planet, the communities where we operate and our future workforce. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.

LyondellBasell does not accept or retain unsolicited rsums or phone calls and/or respond to them or to any third party representing job seekers.

LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics. The US EEO is the Law poster is available here.