The Strategic Sourcing Manager is responsible for the company’s sourcing of products and services. The Strategic Sourcing Manager is responsible for all phases of sourcing including identifying cost saving opportunities, creating competitive environments, selection of suppliers, creatively negotiating and generating complex legal contracts to assure seamless availability of all products and services in support of company objectives.
Essential Duties and Responsibilities
Include but are not limited to the following:
- Executes enterprise strategic sourcing savings goals for the company and implement action items to ensure that those goals are achieved year over year
- Use data analytics, industry benchmarking and strategic sourcing methodologies to provide guidance in the development and execution of sourcing and category strategies, contributing to improved profits and cash flows
- Develop, manage and execute key initiatives, serving as the primary liaison between Legal, Finance, IT, department business units, project managers and other key business partners in the end-to-end strategic sourcing process including category analysis, supplier selection, and complex contract negotiation
- Lead negotiations with suppliers on a variety of contracts, to ensure maximum value and minimum risk
- Manage suppliers to ensure they can meet requirements and provide scorecards monthly to ensure suppliers are meeting expectations in quality, delivery and cost metrics
- Select suppliers through robust supplier selection process and deploy risk mitigation techniques to ensure effective continuity of supplier
- Responsible for negotiations for best possible cost service/product guarantee and develop “win-win” strategies that achieve sustainable relationships with suppliers
- Evaluate supplier core competencies and competitive positioning using industry cost models
- Analyze industry trends and evolving technology to proactively identify supply base issues to minimize risk, protect continuity of supply, and utilize emerging opportunities
- Lead or assist with short-term and long-range planning through category management and sourcing processes aligned with the strategic business goals of the company
- Establish and communicate strategic sourcing policies and ensure compliance
- Continuously improve productivity and efficiency of processes throughout the organization through category management and process efficiencies
- Other duties as assigned
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Minimum Required Education and Experience
- Bachelor’s degree in business, finance, or related field of study
- Minimum 7 years strategic sourcing experience
- 3+ years of relevant category management experience
Skills and Abilities to be Successful in this Role
- Fortune 500 sourcing experience supporting categories in excess of $15M to $25M annually (any category) preferred
- Demonstrated success in sourcing, negotiating and delivery of complex contracts required
- Strong knowledge of legal and technology related contract terms and conditions
- Ability to manage multiple categories including but not limited to IT hardware/software, Professional Services, and all indirect categories
- Strong preference for category and contract management experience
- Proven ability to deliver year over year cost reductions for an enterprise
- Experience implementing policies and procedures for a strategic sourcing organization
- Ability to manage projects and establish clear goals and accountabilities to ensure successful delivery (on time, within budget, meeting agreed upon success criteria) across multiple internal and external business partners
- Knowledge of the legal terminology and language related to supplier and/or vendor agreements and contracts
- Experience implementing policies and procedures for a strategic sourcing organization
- Must have excellent presentation and communication skills
- Advanced systems skills and working knowledge of MS Office, with advanced Excel knowledge
Physical Demands/Working Conditions: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- regularly required to talk and hear
- required to use hands to type, handle objects and paperwork
- required to use close vision and be able to focus
- some travel may be required
WOW! is an Equal Opportunity Employer - Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/Gender Expression/National Origin/Disability/Protected Veterans
All qualified applicants will receive consideration for employment
without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran