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