Job OverviewThis role requires leading a small team to develop and execute long and short-term sourcing strategies, with an equal emphasis placed on the ability to identify, analyze, and quantify opportunities as well as the ability to manage RFI, RFPs and handle challenging vendor negotiations.
Leadership
- Take ownership and responsibility for proactively leading and managing strategic sourcing initiatives with or without analytical support
- Lead portfolio including multiple projects that require strategy, planning and execution of transformational, complex and innovative projects
- Direct, define, and implement sourcing strategies and initiatives to drive the delivery of corporate earnings, growth strategy, and business transformation objectives for category portfolio
- Drives total cost of ownership mindset with team and stakeholders including the ability to strategically evaluate build/buy/acquire decisions
- Connect dots between product strategies and company input goals
- Contribute suggestions to assist management in the development of organizational strategy, structure and operational roadmap
- Provide leadership, mentorship, and management of team
- Sets strategic priorities and develops goals and objectives for team planning resources accordingly
- Proactively builds relationships with and influences executive stakeholders
- Collaborate with procurement teams where applicable to ensure procurement efficiency and automation, sourced supplier utilization, risk mitigation and contract compliance
- Partner with International teams to implement global suppliers, establish local engagement model to expand GBS global presence
- Engages with several stakeholders at all levels, primarily Director/VP and above
- Demonstrate and practice a high degree of professional integrity and ethical responsibility in all business activities
- Keep abreast of industry innovation and bring ideas that will help the company re-imagine and leapfrog ahead resulting in advancements in technologies, process methodologies or establishing supplier alliances
Opportunity Assessment
- Own and drive opportunity assessments, including total cost of ownership (TCO) analysis, with the right balance of strategic insights (spend, supplier, category, contract) and representation of current state to drive senior stakeholder engagement
- Evaluate and recommend strategic opportunities/initiatives to Strategic Sourcing leadership utilizing current and emerging business models, assessing short-term and long-term industry and strategic considerations
- Develop an effective approach to present and obtain sponsorship from senior leadership on opportunities
Strategic Sourcing Process Execution and Project Management
- Provide category expertise and identify potential sources of supply, determine capabilities of suppliers’ product and service offerings, and relate offerings to stakeholder needs
- Demonstrate the ability to put a structured sourcing process into action in formal and informal negotiations, and leverage the process to resolve conflicts and build consensus
- Drive project activity across large cross-functional team through communication of expectations, decisions, changes, enforcement of deadlines, and creation and evaluation of deliverables
- Define data needed to meet objectives and develop an effective plan for gathering it (including spend, contracts, supplier information, stakeholder insights, current state process & tools)
- Utilize analysis to solve business problems and draw conclusions and insights that are not immediately obvious
- Gather, analyze, and document requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, business analysis, and task and workflow analysis
- Lead and Manage RFI/RFQ/RFPs from start to finish, which includes creation, issuance, and facilitation of the entire process, through vendor evaluations (using scorecards) and vendor selection
- Drive consensus across critical business decisions that are complex and high impact to the organization
- Create supporting documentation to applicable standards such that the value generated can be included in executive-level presentations
- Deliver value and projects that drives transformation of a category, innovation, insourcing/outsourcing, TCO Savings and Efficiencies
Continuous Improvement and Supplier Management
- Partner with stakeholders to review ongoing vendor segmentation and identify vendors to be included in the VMO program within vendor portfolio
- Performs assigned vendor management activities (business reviews, scorecard reviews, discussions) in alignment with the VMO approach, framework, SRM team roles and responsibilities for each vendor
- Manages supplier performance monitoring and measurement and works with the vendor owners on any key escalations or remediation
- Identify SRM opportunities with key vendors and focus areas that drive continuous improvement across KPIs and pushes innovation
People Management
- Manages a team of 3 or more which may be geographically dispersed individuals