Hybrid Strategic Sourcing Manager – VP

Posted 2 hours ago

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About the role

  • Strategic Sourcing Manager creating and executing sourcing strategies for a financial group. Leading negotiations and managing supplier relationships to drive organizational value while minimizing risks.

Responsibilities

  • Develop a comprehensive strategic sourcing strategy for various lines of business in alignment with defined business objectives
  • Lead the end-to-end sourcing process and facilitate analysis and collaboration of a cross-functional team
  • Develop negotiation strategy and lead negotiations to maximize total value and minimize risk
  • Achieve cost savings and customer satisfaction targets
  • Lead and execute on commodity/category/supplier strategy to deliver maximum value
  • Build and maintain value-measured relationships with key stakeholders to drive sustained results
  • Conduct regular business reviews with key suppliers to ensure compliance with contract deliverables
  • Provide full and accurate category 'market intelligence' by leading and performing in-depth analysis
  • Maintain industry and market awareness trends through research and networking
  • Create commodity or supplier specific sourcing strategies to optimize the supply base, diversity spending and total cost of ownership.

Requirements

  • Bachelor’s Degree and typically 10 plus years of relevant experience
  • MBA or advanced degree in related discipline preferred
  • Strong leadership, management, planning, organizational, analytical, and continuous improvement skills
  • Management and supervisory skills including team building, influencing, motivating, developing, and managing onsite and offsite staff
  • Provide oversight, coaching and mentoring to other sourcing managers within the organization
  • Interaction with Executive Committee members of the company
  • Experience influencing cross-functional leaders in a large organization
  • Proven ability to produce results that impact a broad portfolio of spend or change across the organization
  • Ownership of delegated authority from sourcing leadership team for decision making and/or strategic planning
  • Experience managing a budget, workload, headcount, and team
  • Strong business acumen, ability to provide strategic vision, tactical planning, sound judgment, prudent recommendations, balance risks, solve complex issues, overcome obstacles and challenging circumstances, results oriented, negotiate win-win, and produce positive decisions and outcomes.

Benefits

  • Comprehensive health and wellness benefits
  • Retirement plans
  • Educational assistance and training programs
  • Income replacement for qualified employees with disabilities
  • Paid maternity and parental bonding leave
  • Paid vacation, sick days, and holidays

Job title

Strategic Sourcing Manager – VP

Job type

Experience level

Lead

Salary

$126,000 - $161,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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