Manager Strategic Sourcing
About The Position
Advantage Solutions is a North American sales and marketing agency serving manufacturers, suppliers, and producers of food products and consumer packaged goods across a variety of retail channels. The Manager, Strategic Sourcing reviews and analyzes global third-party expenses to identify cost savings and cost avoidance opportunities. The role uses spreadsheets to analyze data and prepare reports that support sourcing decisions, evaluates changes and new requirements in third-party spend categories, manages supplier relationships, and oversees sourcing projects. The manager may also assist with projects led by other departments. This position manages purchases of goods and services, sourcing programs, contracts, budgets, and vendor performance. It works with strategic sourcing colleagues and company leaders to improve costs, service, policies, and operations, and supports integrating future acquisitions into purchasing programs. The role has direct-report hiring, training, coaching, and development responsibilities, and may guide indirect reports. Travel of up to 5% is required. Work is primarily in an office environment with sedentary duties.
Requirements
- Bachelor’s degree or equivalent experience.
- Field of study in Business, Supply, Finance, or Economics.
- At least 8 years of experience in expense management or strategic sourcing/procurement.
- At least 2 years of supervisory experience.
- Analytical and research skills.
- Ability to direct, lead, coach, and develop people.
- Excellent written and verbal communication skills.
- Project management skills.
- Strong prioritization skills.
- Well-organized and detail-oriented, with the ability to work in a fast-paced environment.
- Strong computer skills, including proficiency with Microsoft Word, Excel, PowerPoint, Access, Outlook, and web browsers.
Responsibilities
- Manage purchases of goods and services, obtaining quality products at competitive prices in a timely manner.
- Identify and execute savings opportunities for strategic sourcing categories.
- Oversee day-to-day operations of new and existing programs.
- Analyze spending and manage contracts, vendor relationships, internal operations, policies, communications, and reporting for assigned programs.
- Work with Strategic Sourcing Managers and Analysts to solicit proposals and renegotiate contracts upon expiration.
- Assist with and lead the integration of future company acquisitions into purchasing programs and processes.
- Create and maintain specifications for assigned programs.
- Perform category spend analysis and exception reporting, including non-approved spending, pricing discrepancies, minimum-order charges, and emergency-order fees.
- Gather feedback from divisional leaders about vendor performance and develop and implement actions to improve service and cost.
- Manage budgets for all spend categories and work with company leadership to implement changes.
- Identify, propose, implement, and communicate opportunities for cost savings, operational efficiencies, and policy changes across sourcing expense categories.
- Lead sourcing for new spend categories, including identifying categories and alternate suppliers and negotiating new agreements.
- Manage relationships with manufacturers and providers of goods and services.
- Collaborate and negotiate with internal and external peers, staff, management, and customers; promote improvement ideas that influence decisions and encourage new ideas.
- Hire, retain, train, coach, guide, direct, and develop direct reports using company processes, tools, and resources.
- Delegate work and provide guidance, direction, and mentoring to indirect reports as needed.
- Travel up to 5%; driving is not an essential job function.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
