Sourcing Manager - Media and Print/Promotion Marketing
Boehringer Ingelheim · Ridgefield, CT · 2 wk ago
HybridPurchasing$115k–$181k/yrFull-time
Spend Management and Consolidation
- Collaborates with Category Management and provides input to create and refine global Category Strategies.
- Implements Commodity Strategy on local level following the Target Operating Model (TOM) including, creating and optimizing Sourcing Cards, documenting savings and identifying potential efficiencies.
- Executes sourcing activities within the markets as identifying and driving projects across commodities within their responsibility to achieve Sourcing-relevant goals like automation, spend consolidation and supplier optimization.
- Continuously leverages market opportunities and brings strong negotiation skills to add value for the business while maximizing implementation and usage of Master Services Agreements (MSAs) and Frame Services Agreements (FSAs).
- Optimizes sourcing processes within assigned commodities to achieve cost savings and improve logistical efficiency.
Business Partnering
- Understands and promotes the Strategy and the Value proposition of Sourcing towards Business Partners, aligning and sharing sourcing priorities with Business Partners to achieve Sourcing-relevant goals through advanced Sourcing Excellence.
- Collaborates with local Business Partners to ensure procurement activities align with their needs and the company’s overall goals; setting joint targets, aligning sourcing projects while understanding business strategies and demand forecast to proactively drive improvements.
Supplier and Risk Management
- Identifies and mitigates risks associated with sourcing activities in low-complexity or centralized categories, ensuring compliance with industry regulations and company policies.
- Establishes and maintains effective relationships with suppliers, focusing on contract negotiations, performance monitoring, and resolving issues at an early stage.
- Actively supports or partially conducts support Business Review meetings focused on market intelligence and innovation, while also identifying, mapping, and evaluating sourcing risks to develop risk mitigation plans ensuring business continuity and minimizing risks.
Requirements
- Bachelor’s degree in Business, Supply Chain Management, Purchasing or a related field required.
- Three to six (3-6) years of sourcing experience in category management field, with knowledge of strategic leadership and supplier management.
- Excellent Mental fortitude & growth skill.
- Advanced in Contract Development and Management.
- Strong negotiation skill.
- Experienced in Self enabled buying.
- Demonstrable knowledge in Sourcing Approach.