Strategic Sourcing Mgr

Empower
$96,100 - $135,700Hybrid

About The Position

The Strategic Sourcing Manager will support internal business stakeholders with third-party supplier needs and relationships, including sourcing strategy, competitive sourcing events, contract negotiation and drafting, supplier risk management, contract management, and supplier performance. This role will also help design and implement enhanced vendor management protocols in partnership with company affiliates to standardize vendor governance across the company.

Requirements

  • Bachelor’s degree in business management, accounting, finance, supply chain, or a relevant field, or equivalent work experience.
  • Minimum of 6 years of experience in purchasing or procurement, including sourcing, contracting, vendor management, and risk management.
  • Excellent organizational, analytical, time-management, and problem-solving skills, with the ability to manage and prioritize multiple projects concurrently.
  • Excellent written, interpersonal, and verbal communication skills.
  • Strong interpersonal skills to develop and maintain effective working relationships with senior management, key stakeholders, colleagues, and vendors.
  • Ability to lead difficult conversations, communicate the value of procedures and policies, and build consensus with a balance of assertiveness, tact, and diplomacy.
  • Proven track record of achieving savings goals.
  • Ability to work autonomously and with little direction.
  • Ability to balance business demands, legal requirements, policies, and processes to achieve positive outcomes.
  • Proven contract negotiating skills and results.
  • Familiarity with vendor management concepts, including strategies for effective performance management, contract compliance, and risk monitoring.
  • Personal motivation to do a great job, be a strong team member, and provide value to the company.
  • Ability to demonstrate initiative, mature judgment, customer service orientation, and the ability to anticipate the needs of the organization.
  • Experience with automated procurement solutions, including P2P and e-auctions.

Nice To Haves

  • Advanced degree in business or law.
  • Certifications in project management and process improvement.

Responsibilities

  • Build positive internal relationships by providing a high level of service, competence, and professionalism.
  • Develop and execute sourcing strategies aligned to business unit needs and priorities.
  • Lead the competitive sourcing process from start to finish, including developing RFX packages and scorecards, assisting decision-makers with proposal analysis, coordinating vendor demos, negotiating deal terms, and leading each stage of the process.
  • Analyze pricing proposals, business and budget impact, and potential cost savings.
  • Champion and execute vendor management best practices to maximize the value of vendor relationships.
  • Perform ongoing vendor due diligence, with a focus on identifying and mitigating operational, organizational, financial, legal, and regulatory risks.
  • Proactively manage contract renewals and renegotiations.
  • Negotiate contract terms and conditions for agreements, statements of work, amendments, NDAs, and other legal documents to achieve optimal terms and conditions for the company.
  • Prepare and provide timely reporting on savings, active projects, new vendor risks, and other data.
  • Communicate effectively with key stakeholders and upper management, providing information and insights that support business decision-making.
  • Understand, comply with, and help further refine company and department policies and procedures.
  • Manage workload effectively, meet commitments, and ensure expected results are achieved.
  • Work with company affiliates and divisions in the U.S., Europe, and Canada to leverage global supplier agreements when possible.
  • Work with minimal supervision while also supporting team members and co-workers.

Benefits

  • Medical, dental, vision and life insurance
  • Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
  • Tuition reimbursement up to $5,250/year
  • Business-casual environment that includes the option to wear jeans
  • Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
  • Paid volunteer time — 16 hours per calendar year
  • Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
  • Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
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