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
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