Sourcing Specialist - Job Opportunity at Verizon

Limerick, Ireland
Full-time
Mid-level
Posted: June 10, 2025
Hybrid
EUR 45,000-65,000 annually based on Ireland's competitive market for mid-level sourcing professionals in multinational corporations, with potential for performance bonuses and equity participation

Benefits

Competitive pay-for-performance compensation structure that directly rewards individual contributions and achievements
Performance-based incentive programs that align personal success with company growth
Employee stock program providing equity participation in Verizon's market success and long-term value creation
Market-competitive benefits package delivered by industry-leading providers
Comprehensive health and wellbeing resources including first-in-class Employee Assistance Program
Generous paid time off benefits supporting optimal work-life balance
Flexible working arrangements subject to business approval for enhanced productivity
Professional development funding including education assistance and award-winning training programs
Access to online development tools and industry research for continuous skill enhancement
Volunteering opportunities supporting environmental, community and sustainability initiatives

Key Responsibilities

Drive strategic sourcing excellence by developing and executing comprehensive sourcing strategies that leverage enterprise-wide relationships to achieve optimal total value and competitive advantage
Master the complete sourcing lifecycle including spend analysis, market research, supplier due diligence, sourcing strategy development, RFX management, bid analysis, contract management, and supplier performance optimization
Lead cross-functional teams in strategic sourcing processes while managing contract negotiations at senior management level to secure best-in-class cost service guarantees
Execute sophisticated supplier relationship management for key strategic suppliers, ensuring sustainable partnerships that drive mutual value creation and operational excellence
Perform comprehensive financial and business data analysis to support Verizon's supply base development and maintain market-leading position through informed supplier selection and capability assessments
Navigate dynamic business environments by switching between categories with large supply bases to meet evolving business demands while maintaining quality and cost optimization
Develop win-win negotiation strategies that create sustainable supplier relationships while maximizing Verizon's operational efficiency and market competitiveness

Requirements

Education

Bachelor's degree or relevant work experience

Experience

Relevant experience in sourcing or supply chain

Required Skills

Knowledge of legal language and terminologies related to contracting Willingness to work flexible shifts to meet project completion requirements Willingness to continuously learn new tools, solutions, and emerging technologies Self-driven with excellent networking capabilities Strong team collaboration and adaptability in dynamic environments Excellent relationship building and interpersonal skills Ability to work with diverse individuals collaboratively

Certifications

CPSM/CPM/CIPS/CSCP certifications preferred Lean Six Sigma experience beneficial
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Industry Trends

Digital transformation is driving increased demand for strategic sourcing professionals as companies seek to optimize supply chains and reduce operational costs through technology-enabled procurement processes Supply chain resilience has become critical following global disruptions, creating high demand for sourcing specialists who can develop diverse supplier networks and risk mitigation strategies ESG (Environmental, Social, Governance) considerations are increasingly integrated into sourcing decisions, requiring specialists to evaluate suppliers based on sustainability metrics alongside traditional cost and quality factors Automation and AI are transforming procurement processes, requiring sourcing professionals to adapt to new technologies while maintaining strategic oversight of vendor relationships

Role Significance

Typically works within procurement teams of 8-15 professionals while leading cross-functional project teams of 5-10 members from various departments including legal, finance, and operations
Mid-level individual contributor role with significant strategic impact on organizational procurement efficiency and supplier relationship management, requiring independent decision-making and cross-functional leadership

Key Projects

Multi-million dollar supplier contract negotiations and renewals Supply chain risk assessment and diversification initiatives Cost optimization programs targeting 10-20% savings across assigned categories Supplier performance improvement programs and relationship management initiatives

Success Factors

Ability to balance cost optimization with quality and risk management while maintaining strategic supplier relationships that support long-term business objectives Strong analytical skills to evaluate complex financial data and market conditions for informed decision-making in high-stakes procurement scenarios Exceptional negotiation and communication skills to manage senior-level stakeholder relationships and secure favorable contract terms Adaptability to rapidly changing market conditions and business requirements while maintaining operational excellence and compliance standards

Market Demand

High demand due to increased focus on supply chain optimization and risk management in telecommunications and technology sectors

Important Skills

Critical Skills

Contract negotiation expertise is essential as this role involves managing multi-million dollar agreements with strategic suppliers, requiring deep understanding of legal terms and risk allocation Financial analysis capabilities are crucial for evaluating total cost of ownership and supplier proposals, directly impacting organizational profitability and operational efficiency Supplier relationship management skills are vital for maintaining strategic partnerships that ensure business continuity and competitive advantage in dynamic markets

Beneficial Skills

Lean Six Sigma certification provides valuable process improvement methodology for optimizing procurement workflows and reducing operational waste Advanced data analysis capabilities enable more sophisticated supplier performance evaluation and market trend identification Cross-cultural communication skills are increasingly important for managing global supplier relationships and international procurement initiatives

Unique Aspects

Exposure to cutting-edge telecommunications technology procurement including 5G infrastructure and emerging digital solutions
Opportunity to work with global supplier networks across multiple continents and regulatory environments
Integration with Verizon's sustainability initiatives and environmental impact reduction programs
Access to industry-leading procurement technologies and data analytics platforms for strategic decision-making

Career Growth

Typically 3-5 years to senior management roles with strong performance and continued professional development in strategic sourcing and supply chain management

Potential Next Roles

Senior Sourcing Manager overseeing multiple categories and junior staff Category Manager responsible for strategic oversight of specific procurement areas Supply Chain Director managing broader organizational procurement strategy Vendor Management Director focusing on enterprise-wide supplier relationships

Company Overview

Verizon

Verizon stands as one of the world's largest telecommunications and technology corporations, operating extensive wireless, broadband, and digital services across global markets with particular strength in North American infrastructure and emerging international presence

Industry leader in telecommunications with significant market capitalization and established position in 5G technology development, cloud services, and digital transformation solutions for enterprise clients
Limerick serves as a key European operations hub for Verizon's international expansion, providing strategic access to EU markets and supporting the company's global procurement and supply chain initiatives
Large corporate environment emphasizing innovation, diversity, and professional development with structured career progression paths and comprehensive benefits packages typical of Fortune 500 technology companies
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