Operations Consulting - Value Capture - Procurement Strategy and Strategic Sourcing - Experienced...

Operations Consulting - Value Capture - Procurement Strategy and Strategic Sourcing - Experienced...

Pwc

Richmond, VA

$61K - $100K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago


PwC rating

8.3

Company rating: 8.3 out of 10

Based on 73 frontline employees who took The Breakroom Quiz

20th of 57 rated business consultants


Job description

Industry/Sector

Not Applicable

Specialism

Operations

Management Level

Associate

Job Description & Summary

The Opportunity
As an Operations Consulting - Value Capture - Procurement Strategy and Strategic Sourcing - Experienced Associate, you will focus on optimizing sourcing and procurement processes to drive cost savings, enhance supplier collaboration, and strengthen supply chain resilience. Within our Management Consulting practice, you will work closely with clients to analyze sourcing strategies, identify opportunities for cost reduction, and develop strategies to enhance procurement efficiency and effectiveness. You will also provide guidance on implementing strategic sourcing frameworks, supplier relationship management, and digital procurement solutions.
As an Associate, you will be driven by curiosity and contribute to client engagement and projects while developing your skills and knowledge to deliver quality work. You will be exposed to clients to learn how to build meaningful client connections, manage and inspire others, and grow your personal brand by deepening your technical knowledge of firm services and technology resources. In this role at PwC, you will adapt to working with a variety of clients and team members, each presenting unique challenges and scope. Every experience is an opportunity to learn and grow, taking ownership and consistently delivering quality work that drives value for our clients and success as a team.
Responsibilities
- Analyzing client needs to develop operational strategies that enhance efficiency and effectiveness
- Collaborating with clients to optimize sourcing and procurement processes for cost savings and supplier collaboration
- Implementing strategic sourcing frameworks and digital procurement solutions to improve procurement efficiency
- Conducting supplier evaluations and negotiations to strengthen supplier relationships and supply chain resilience
- Utilizing procurement software such as SAP Ariba and Coupa Software to streamline procurement activities
- Engaging in spend analysis to identify opportunities for cost reduction and supplier optimization
- Supporting the development of procurement strategies that align with client business objectives
- Monitoring contractual compliance and managing contracts to validate alignment with procurement goals
- Applying financial management skills to oversee budgetary management and forecasting within procurement projects
- Participating in project resource management to allocate resources effectively and meet project timelines
What You Must Have
- At least a Bachelor's degree
What Sets You Apart
- Excelling in complex procurement and strategic sourcing
- Utilizing SAP Ariba and Coupa Software for procurement processes
- Demonstrating proficiency in supplier relationship management (SRM)
- Applying skills in contract negotiation and management
- Analyzing spend and supply chain for cost optimization
- Developing procurement strategies to enhance operational efficiency
- Engaging in project resource management and budgetary planning

Travel Requirements

Up to 60%

Job Posting End Date

The salary range for this position is: $61,000 - $100,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAs PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlines

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Frequently asked questions

Q: What skills or qualities help someone succeed as a Strategic Sourcing Specialist?

A: To succeed as a Strategic Sourcing Specialist, key technical skills include proficiency in sourcing tools and technologies, such as e-sourcing platforms and contract management software, as well as expertise in data analysis and market research. Soft skills like strong communication, negotiation, and problem-solving abilities are also crucial, as they enable effective collaboration with stakeholders and suppliers. These strengths support career growth and effectiveness in the role by enabling the specialist to drive strategic sourcing initiatives, optimize procurement processes, and build strong relationships with suppliers and internal teams.

Q: What is the career path for a Strategic Sourcing Specialist?

A: A Strategic Sourcing Specialist's typical career progression involves starting as a Sourcing Coordinator or Procurement Analyst, where they develop skills in contract management, supplier relationships, and data analysis. As they gain experience, they can move into mid-level roles such as Sourcing Manager or Category Manager, where they oversee strategic sourcing initiatives and lead cross-functional teams. Senior roles like Director of Sourcing or Head of Procurement often involve developing and implementing global sourcing strategies, mentoring teams, and driving business growth through procurement innovation.\n\nKey opportunities for skill development and professional growth in this role include:\n\n- Developing expertise in contract management, negotiation, and supplier relationship management\n- Gaining proficiency in data analysis, market research, and market intelligence\n- Building leadership and project management skills to lead cross-functional teams\n- Staying up-to-date with industry trends, best practices, and emerging technologies in procurement and sourcing\n\nLong-term career prospects for a Strategic Sourcing Specialist may include transitioning into leadership roles within procurement or supply chain organizations, or pursuing roles in related fields such as operations management, logistics, or business development.



Pwc job posting for a Operations Consulting - Value Capture - Procurement Strategy and Strategic Sourcing - Experienced... in Richmond, VA with a salary of $61,000 to $100,000 Annually and benefits including Medical, Vision, Dental, PTO, and Retirement with a map of Richmond location.