Strategic Sourcing Lead, Marketing

Saks Fifth Avenue

3d • $94,000 - $126,000 • Onsite

About The Position

As a Strategic Sourcing Lead on the Strategic Sourcing & Procurement team, you’ll be responsible for developing and leading strategic sourcing events, writing and negotiating contract terms and documents, and analyzing spend associated with specific indirect spend categories. Reporting to the Director, Strategic Sourcing, you will develop sourcing strategies that positively impact bottom-line results/value while minimizing risks, fostering internal and external relationships, and working with internal stakeholders to educate and promote the procurement policies.

Requirements

• 5+ years of experience in Strategic Sourcing for Marketing, which includes Growth, Creative, Brand, Portfolio & Brand Strategy, Retention, Promotion, etc.
• Demonstrated capabilities of leading sourcing projects, contract negotiations and authoring, and driving savings/value
• Strong relationship-building, verbal and written communication, interpersonal, motivational, and influencing skills; coordination across related disciplines and with key stakeholders
• Experience coordinating teams, collecting insights, and constructively challenge internal stakeholders with conventional thinking
• Understanding of multi-step strategic sourcing processes, sourcing tools, and strategies

Responsibilities

• Simultaneously Lead indirect sourcing initiatives for Marketing, including building successful sourcing strategies, driving strategic improvements, and delivering on operational targets, savings goals, and business strategies
• Conduct total cost modeling and sensitivity/scenario analysis to help team members understand trade-offs and benefits to multiple outcomes
• Assist with the analysis and planning for various components of indirect spend categories to ensure operational success and results
• Use sourcing tools to support departmental efforts to refine and improve procurement processes and policies
• Develop and manage relationships with business stakeholders and provide regular project status updates
• Partner with multiple corporate functions (e.g., Financial Planning & Analysis, Accounting, Legal, etc.) as part of your sourcing projects and related activities
• Review, revise, and negotiate contract language
• Assist in the development and management of strategic and complex contract renewals
• Engage in supplier relationship activities (e.g., regular business reviews, vendor score carding, etc.)
• Take ownership of projects and bring them to completion understanding that the results will have an impact on the department’s goals

Benefits

• medical insurance
• vision insurance
• dental insurance
• 401(k) retirement plan
• basic life insurance
• supplemental life insurance
• disability insurance
• a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed