Strategic Sourcing Specialist Job at Phillips 66
Phillips 66 & YOU - Together we can fuel the future
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2021.
Learn more about Phillips 66 and watch our video "Trying New Things" by visiting phillips66.com/about.
The Strategic Sourcing Specialist is responsible for the effective development, execution, and implementation of strategic sourcing initiatives across multiple Phillips 66 business units. Sourcing initiatives will include market research, identifying potential suppliers, negotiating contracts and pricing, liaising with legal, and maintaining internal and external relationship throughout the process. The role will work with a cross-functional team to optimize the sourcing process, identify cost-saving opportunities, drive continuous improvement, and ensure the business needs are met.
Requirements may include
Devise and execute sourcing strategies for critical categories, including identifying opportunities for cost savings and driving the competitive bidding process
Aid in the planning, scheduling, and forecasting process to support strategic sourcing pipeline
Manage sourcing events, such as RFPs, RFIs, and RFQs, through Phillips 66's e-sourcing tool (Ariba) to identify potential suppliers, negotiate prices, and establish contracts
Develop and oversee bid documents and bid evaluation criteria
Lead cross-functional teams in selecting and evaluating suppliers
Maintain current knowledge of applicable sourcing industry best practices to identify and deliver strategic sourcing opportunities
Participate in continuous improvement initiatives to enhance sourcing processes and increase efficiencies
Cultivate relationships with key stakeholder groups at Phillips 66 to encourage cooperative planning and sourcing activities
Work collaboratively with internal stakeholders to comprehend business requirements and align sourcing strategies with the company's goals
Coordinate with Category Management to ensure alignment on go to market strategies and contracting requirements
Interact with suppliers and serve as the primary point of contact for a specific sourcing event
Collaborate with Contracting Excellence to ensure accuracy and completeness of negotiated terms and conditions
Utilize analytical skills to evaluate supplier proposals, compare pricing and optimal award scenarios to make informed strategy decisions
Negotiate contracts with suppliers to secure favorable terms and conditions for Phillips 66
Required Qualifications
Legally authorized to work in the job posting country
Bachelor’s degree in Business, Supply Chain, Engineering, or relevant discipline
3 or more years of procurement related experience in the energy industry with sourcing, negotiations, and contracting
Experience with Microsoft Office, SAP, Ariba or equivalent CMS, and other procurement technologies
Strong analytical and problem-solving skills with a proven track record of driving cost savings and efficiencies
Excellent communication and negotiation skills with the ability to build and maintain effective relationships with suppliers and stakeholders
Ability to work independently and as part of a team in a fast-paced environment with multiple priorities and deadlines
Preferred Qualifications
5 or more years of procurement experience in the energy industry with sourcing, negotiations, and contracting
Proficient in Microsoft Office, PowerPoint, SAP, Ariba, and other procurement technologies
Ability to interface across functions and with key stakeholders in a matrixed organization Experience with sourcing tools and technologies, including e-sourcing, contract management, and spend analytics
Experience with sourcing tools and technologies, including e-sourcing, contract management, and spend analytics
Strong knowledge of the industry, market trends, and supplier landscape
Strong negotiation skills to effectively manage supplier relationships, negotiate contracts, and achieve cost savings goals
Strong ability to think strategically, identify long-term opportunities, and develop strategies to achieve Company goals
Total Rewards
At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:
Annual Variable Cash Incentive Program (VCIP) bonus
8% 401k company match, with an additional 0-4% Company 401k contribution based on the Company’s financial performance
Cash Balance Account pension
Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services
Learn more about Phillips 66 Total Rewards at hr.phillips66.com/.
To be considered
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of March 14, 2023 .
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities
Requisition ID: 57186
Location: Texas - Houston
Job Field: Procurement
Division : Procurement
Technical Req : No
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2021.
Learn more about Phillips 66 and watch our video "Trying New Things" by visiting phillips66.com/about.
The Strategic Sourcing Specialist is responsible for the effective development, execution, and implementation of strategic sourcing initiatives across multiple Phillips 66 business units. Sourcing initiatives will include market research, identifying potential suppliers, negotiating contracts and pricing, liaising with legal, and maintaining internal and external relationship throughout the process. The role will work with a cross-functional team to optimize the sourcing process, identify cost-saving opportunities, drive continuous improvement, and ensure the business needs are met.
Requirements may include
Devise and execute sourcing strategies for critical categories, including identifying opportunities for cost savings and driving the competitive bidding process
Aid in the planning, scheduling, and forecasting process to support strategic sourcing pipeline
Manage sourcing events, such as RFPs, RFIs, and RFQs, through Phillips 66's e-sourcing tool (Ariba) to identify potential suppliers, negotiate prices, and establish contracts
Develop and oversee bid documents and bid evaluation criteria
Lead cross-functional teams in selecting and evaluating suppliers
Maintain current knowledge of applicable sourcing industry best practices to identify and deliver strategic sourcing opportunities
Participate in continuous improvement initiatives to enhance sourcing processes and increase efficiencies
Cultivate relationships with key stakeholder groups at Phillips 66 to encourage cooperative planning and sourcing activities
Work collaboratively with internal stakeholders to comprehend business requirements and align sourcing strategies with the company's goals
Coordinate with Category Management to ensure alignment on go to market strategies and contracting requirements
Interact with suppliers and serve as the primary point of contact for a specific sourcing event
Collaborate with Contracting Excellence to ensure accuracy and completeness of negotiated terms and conditions
Utilize analytical skills to evaluate supplier proposals, compare pricing and optimal award scenarios to make informed strategy decisions
Negotiate contracts with suppliers to secure favorable terms and conditions for Phillips 66
Required Qualifications
Legally authorized to work in the job posting country
Bachelor’s degree in Business, Supply Chain, Engineering, or relevant discipline
3 or more years of procurement related experience in the energy industry with sourcing, negotiations, and contracting
Experience with Microsoft Office, SAP, Ariba or equivalent CMS, and other procurement technologies
Strong analytical and problem-solving skills with a proven track record of driving cost savings and efficiencies
Excellent communication and negotiation skills with the ability to build and maintain effective relationships with suppliers and stakeholders
Ability to work independently and as part of a team in a fast-paced environment with multiple priorities and deadlines
Preferred Qualifications
5 or more years of procurement experience in the energy industry with sourcing, negotiations, and contracting
Proficient in Microsoft Office, PowerPoint, SAP, Ariba, and other procurement technologies
Ability to interface across functions and with key stakeholders in a matrixed organization Experience with sourcing tools and technologies, including e-sourcing, contract management, and spend analytics
Experience with sourcing tools and technologies, including e-sourcing, contract management, and spend analytics
Strong knowledge of the industry, market trends, and supplier landscape
Strong negotiation skills to effectively manage supplier relationships, negotiate contracts, and achieve cost savings goals
Strong ability to think strategically, identify long-term opportunities, and develop strategies to achieve Company goals
Total Rewards
At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:
Annual Variable Cash Incentive Program (VCIP) bonus
8% 401k company match, with an additional 0-4% Company 401k contribution based on the Company’s financial performance
Cash Balance Account pension
Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services
Learn more about Phillips 66 Total Rewards at hr.phillips66.com/.
To be considered
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of March 14, 2023 .
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities
Requisition ID: 57186
Location: Texas - Houston
Job Field: Procurement
Division : Procurement
Technical Req : No
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.