Strategic Sourcing Manager
4 weeks ago
For applicants that can start immediately:
90K -110K per month plus government mandated benefits.
Main Responsibilities
LEADERSHIP
- Lead and manage the strategic sourcing team, ensuring effective training, development, and motivation of team members.
- Establish relationships and lead stakeholders and cross-functional teams to secure process buy-in.
- Create strategic sourcing partnerships to increase addressable spend.
INDUSTRY EXPERTISE
- Oversee and conduct negotiations for large-scale contracts, ensuring favorable terms and conditions.
- Develop and implement sourcing strategies to optimize procurement processes and enhance efficiency.
- Collaborate with cross-functional teams to ensure alignment with business goals and objectives.
- Identify and mitigate risks in the sourcing and procurement process to safeguard the company's interests.
- Monitor market trends and supplier performance to ensure competitive pricing and high-quality standards.
- Ensure compliance with U.S. sourcing and procurement regulations.
- Build and maintain relationships with internal clients to understand and meet their contracting needs.
- Negotiate business terms with vendors and partners to minimize risk and maximize price efficiencies.
- Demonstrate a solid understanding of various contract forms, including MNDA, MSA, and SOWs.
- Liaise with the Legal and Security departments to ensure all contract controls and protections are in place.
- Lead sourcing events from project kick-off to contract execution.
- Use and evaluate e-Sourcing tools and new technologies to enhance sourcing processes.
- Become a category expert, developing category playbooks and roadmaps to enhance strategic negotiations and participating in spend analytics and work planning efforts.
Qualifications and Experience
- Bachelor's degree in business, supply chain management, or related field.
- Minimum 5-7 years of experience in a managerial role within sourcing and procurement.
- Proven track record of successful contract negotiations.
- Expertise in the U.S. sourcing and procurement environment is a must.
- Advanced level PC skills with knowledge of databases, Windows, and Microsoft Office products.
- Proficiency in MS Office package, especially Outlook and Excel.
- Excellent written and verbal communication skills.
- Strong interpersonal skills and ability to build relationships with diverse groups of people.
- RFP, Contract management, and vendor negotiation experience.
- Experience in IT Procurement/Sourcing focused on IT hardware, software, SAAS.
Mid-Senior level
Employment typeFull-time
Job functionPurchasing, Supply Chain, and Strategy/Planning
IndustriesRetail Pharmacies and Retail
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