Sourcing Advisor
Madison, WI 
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Posted 1 month ago
Job Description

Help us change lives

At Exact Sciences, we're helpingchange how the world prevents, detects and guides treatment for cancer. We give patients and clinicians the clarity needed to make confident decisions when they matter most. Join our team to find a purpose-driven career, an inclusive culture, and robust benefits to support your life while you're working to help others.

Position Overview

The Sourcing Advisor is a liaison between the Category Managers, the various internal business owner team(s), and any supplier during the sourcing process. A sourcing, procurement, category-specific, or finance background is required for this role. The scope and focus of work will vary and require working with a diverse team of cross-functional stakeholders. The Sourcing Advisor is expected to support, guide and manage the sourcing process elements of a project and understand business requirements. Areas of focus include request for information/proposal/quote (RFXs), supplier evaluation, negotiation and/or related support, supplier due diligence, and contracting support with suppliers. This role requires a persistent and eager individual to find solutions that meet Exact Sciences' business needs while optimizing cost, quality, and risk outcomes.

Essential Duties

Include, but are not limited to, the following:

  • Clearly communicates updates to stakeholders of ongoing initiatives and projects with suppliers.
  • Participates in or facilitates the analysis of proposal responses with cross-functional teams.
  • Partners with Contract Analysts to draft and revise supplier agreements.
  • Participates in contract negotiations to optimize cost, quality, and risk outcomes.
  • Participates in the development and execution of request for proposals (RFP's) with input from cross-functional areas.
  • Effectively communicates and collaborates with project team members, business owner representatives, and local/region supplier reps.
  • Supports an awareness of supplier expectations and requirements within the organization to foster win-win relationships.
  • Participates in or facilitates supplier visits, supports relationship owners in presentation preparation, data analysis, and organization.
  • Supports the phased roll out of category management across the organization, partnering closely with Category Managers to ensure business objectives are met.
  • Operationalizes savings initiatives through documentation, analysis, and contracting for key procurement targets.
  • Documents and communicates the savings success and engages business owners in needed process changes.
  • Upholds sourcing standards are followed across the organization through education to impacted departments.
  • Identifies potential backup and alternate suppliers based on direction from leadership using industry sourcing resources.
  • Participates in several projects at one time, with frequently changing priorities.
  • Proficient at mining spend/supplier data and performing detailed analyses to support sourcing decisions.
  • Familiarity with sourcing analysis techniques (TCO, make/buy, ROI, risk assessment, etc.).
  • Ability to quickly develop and maintain strong relationships with internal stakeholders and customers.
  • Dedicated team player who can thrive in a fast-paced environment.
  • Ability to make decisions with limited information and operate with autonomy.
  • Strong analytical, problem-solving, and negotiating skills.
  • Ability to organize, present, and convey complex problems or issues within and across other functions.
  • Excellent oral and written communication and interpersonal skills.
  • Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork.
  • Support and comply with the company's Quality Management System policies and procedures.
  • Maintain regular and reliable attendance.
  • Ability to act with an inclusion mindset and model these behaviors for the organization.
  • Ability to lift up to 20 pounds for approximately 5% of a typical working day.
  • Ability to work on a mobile device, tablet, or in front of a computer screen and/or perform typing for approximately 90% of a typical working day.
  • Ability to comply with any applicable personal protective equipment requirements.
  • Ability and means to travel between local Madison Exact Sciences locations.
  • Ability to travel 10% of working time away from work location, may include overnight/weekend travel.

Minimum Qualifications

  • Bachelor's Degree in supply chain, finance, or a field related to essential duties.
  • 3+ years of industry experience in sourcing, supply chain, procurement, information technology, finance, operations, or a field related to the essential duties.
  • Demonstrated experience in supplier negotiation and contract management, including a working understanding of contractual terms and conditions and risk mitigation.
  • Strong proficiency in Microsoft Office programs, such as Word, Excel, PowerPoint, and Outlook.
  • Demonstrated ability to perform the essential duties of the position with or without accommodation.
  • Authorization to work in the United States without sponsorship.

Preferred Qualifications

  • 2+ years of experience working within Enterprise Resource Planning (ERP) systems, such as SAP.
  • 1+ years of experience sourcing process execution.
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Salary Range:

$67,000.00 - $109,000.00

The annual base salary shown is for this position located in US - WI - Madison on a full-time basis. In addition, this position is bonus eligible, and is eligible to receive company stock upon hire as well as annually.

Exact Sciences is proud to offer an employee experience that includes paid time off (including days for vacation, holidays, volunteering, and personal time), paid leave for parents and caregivers, a retirement savings plan, wellness support, and health benefits including medical, prescription drug, dental, and vision coverage. Learn more about our .

Our success relies on the experiences and perspectives of a diverse team, and Exact Sciences fosters a culture where all employees can develop personally and professionally with a sense of respect and belonging. If you require an accommodation, email We'll work with you to meet your accessibility needs.

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We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, creed, disability, gender identity, national origin, protected veteran status, race, religion, sex, sexual orientation, and any other status protected by applicable local, state, or federal law. Any applicant or employee may request to view applicable portions of the company's affirmative action program.

To view the Right to Work, E-Verify Employer, and Pay Transparency notices and Federal, Federal Contractor, and State employment law posters, visit our . The documents summarize important details of the law and provide key points that you have a right to know.


We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, creed, disability, gender identity, national origin, protected veteran status, race, religion, sex, sexual orientation, and any other status protected by applicable local, state or federal law. Applicable portions of the Company’s affirmative action program are available to any applicant or employee for inspection upon request.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3+ years
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