Strategic Sourcing Manager
WOW
full-time
Posted on:
Location Type: Remote
Location: New Hampshire • United States
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About the role
- 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
Requirements
- Bachelor’s degree in business, finance, or related field of study
- Minimum 7 years strategic sourcing experience
- 3+ years of relevant category management experience
- 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
Benefits
- WOW! is an Equal Opportunity Employer - Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/Gender Expression/National Origin/Disability/Protected Veterans
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
strategic sourcingdata analyticscategory managementcontract negotiationsupplier selectionrisk mitigationcost reductionpolicy implementationproject managementlegal terminology
Soft Skills
communication skillspresentation skillsnegotiation skillsrelationship managementorganizational skillsleadership skillsanalytical skillsproblem-solving skillscollaboration skillsgoal setting