Sourcing Specialist

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

Job Responsibilities:

• Collaborate with Sourcing managers to meet company objectives as you produce, implement, and support sourcing strategies that ensure best value
• Manage and prioritize the project stream, working with internal stakeholders to determine project definition and business requirements
• Manage and monitor supplier performance using meaningful and objective KPI measurements and periodic business reviews
• Verify and maintain accurate supplier data, including tax and bank information, quotations, and legal agreements
• Reconcile outstanding invoices and resolve discrepancies through proactive customer/stakeholder engagement
• Assist competitive bidding using a multi-step sourcing process and utilization of RFx.
• Support Procurement / Contracts Projects as required.

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• Customer-focused mindset
• Critical thinking and problem solving
• Excellent decision-making and leadership capabilities
• Conflict resolution experience
• Adaptability
• Thrive and create a collaborative work environment
• Detail oriented and well organized
• Good verbal and written communication skills (with team, stakeholders, and management)

• BS/MS in Procurement/Business Administration or equivalent
• General understanding of procurement, supplier chain, and supplier management
• Good working knowledge of Microsoft applications: Word, Excel, and PowerPoint
• Experience with eProcurement technologies a plus (i.e., Coupa, Ariba, Oracle)
• Facilitation skills to collaborate with stakeholders and within Global Strategic Sourcing
• Good teamwork and influencing skills