Sourcing Lead

The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The Met experience online. Since its founding in 1870, The Met has always aspired to be more than a treasury of rare and beautiful objects. We are committed to fostering a collaborative and respectful work environment with a staff as diverse as the audiences we engage.

About The Department

Supplier Strategy & Operations (S2O) leads the optimization of purchases across the Museum to sustain an environment of world-class value through strategic thinking, efficient Intake to Pay (I2P) process, technology integrations, and exceptional customer care. This is accomplished by utilizing industry best practices, which manage risk and administer sourcing functionality to proactively direct buying activities and protect the interests of the Museum. Through this process, S2O:

• Leads The Met in embracing a culture where sourcing and negotiations are standardized across the organization in a center-led model;
• Acts as a financial steward and consistently, proactively delivers savings & cost efficiencies back to The Met;
• Is known as the Subject Matter Experts regarding strategic sourcing;
• Oversees Supplier Relationship Management and Supplier Diversity & Inclusion;
• Ensures our business processes are sustainable, manage risk, and administer the right level of control and efficiency.

Responsibilities

• Drive sourcing best practices to maximize ROI on engaged spend.
• Develop and implement long- and short-range sourcing strategies for complex and high-risk items.
• Develop and maintain qualified supplier pipelines and contingency options for critical trades and services.
• Monitor construction market conditions, supplier capacity, labor and material escalation, and critical lead times.
• Drive category-specific business intelligence needs and share information with stakeholders as necessary.
• Effectively communicate and collaborate with the requesting departments to clearly understand their requirements, providing early input into the sourcing process, research and recommend supply options and source candidates.
• Independently manage large RFP projects by working with internal stakeholders and suppliers per the defined process, from pre-qualification of suppliers, bidder communications, project tracking, bid leveling analysis, selection recommendation, negotiation and contracting, supplier onboarding, and post award supplier management, to achieve best value considering cost, quality, schedule, service, and risk.
• Contract administration support, change-order review and negotiation, supplier performance, commercial issue resolution, cost and schedule risk, and project closeout.
• Think strategically about project objectives and identify opportunities to maximize work productivity.
• Assess, highlight, and manage risk for assigned commodities/projects and develop actionable solutions.
• Validate fair value of incumbent purchases through benchmark studies.
• Recommend alternate sources as appropriate considering attributes such as service levels, performance records, industry recognition, and peer recommendations.
• Take remedial actions when suppliers are not performing as committed.
• Ensure that items are delivered on time and with the expected level of quality.
• Participate in meetings with end users, understand their urgency, align solutions plans with project priorities.
• Collaborate with stakeholders and work with suppliers to respond with creative solutions to meet deadlines.
• Overcome barriers that inhibit diverse suppliers from competing, thus maximizing diversity spend where viable including sub-tier spend to be considered in the sourcing process.
• Generate ad hoc and scheduled work reports, provide periodic updates for management on activities and savings.
• Ensure that sourcing practices and requesters' actions comply with the standard operating policies and procedures in all aspects of the source to pay process.
• Provide guidance to requesters as appropriate.

Requirements

• A recognized 4-year degree at an accredited institution (or equivalent).
• 7+ years of experience in strategic sourcing including: market research, supplier evaluation and selection, stakeholder and project management, negotiation, RFx solicitation, risk management, and post award supplier management, ensuring the integrity of sourcing process.
• 5+ years’ experience sourcing design/construction projects valued at $1M+ with strong knowledge of all aspects of capital projects, including construction, architectural services, consultants, and contractors.
• Possess a deep understanding of sourcing best practices and insights related to capital projects including industry knowledge, market operations, key providers, and related supply chains.
• Experience in ERP platform (Workday, SAP, etc.) and Sourcing and Construction management tools a plus.
• Self-starter with ability to handle and prioritize multiple projects, and to drive results independently and as a member of the S2O team.
• Highly collaborative and relationship driven- proven ability to build strong partnerships with internal stakeholders and suppliers.
• Analytical, with a solid proficiency in Microsoft Office.
• Excellent verbal and written communication skills.
• Experience with contract and price negotiation, as well as supplier management experience.
• Ability to manage multiple concurrent projects, changing priorities, and tight deadlines in a complex environment.
• Experience presenting recommendations and sourcing strategies to senior leadership.
• Ability to assess and evaluate situations effectively.

Pay

Pay Rate: $135,000 - $145,000 / Annually. The advertised pay scale reflects the good faith minimum and maximum salary range for this role. The advertised pay scale is not a promise of a particular wage for any specific employee. The specific compensation offered to a candidate may be dependent on a variety of factors including, but not limited to, the candidate’s experience, education, special licensing or qualifications, and other factors.

Location Requirements

At time of employment, employees are expected to be located within commuting distance of the Museum. “Commuting distance” means that they are located in one of the following states: New York, New Jersey, Connecticut, or Pennsylvania (the “Tri-state and PA” areas), and be able to commute to and from the Museum in a single day.

Benefits

• Medical, dental, vision, and life insurance.
• 403(b) basic retirement plan and optional matching retirement plan with an outstanding employer match.
• Considerable paid time off, including annual leave, sick leave, and 13 Museum holidays.
• Long-term disability coverage.
• Flexible Spending Accounts & Health Savings Account (pre-tax income for eligible health care expenses).
• Commuter benefits (pre-tax income for parking or mass transit expenses).
• Free financial-planning services.
• Financial assistance for relevant coursework, seminars, and training programs.
• 25% discount for staff in Museum shops.
• A subsidized staff cafeteria.
• Access to the Museums Council pass, which grants free admission to various museums and cultural institutions.