Sr. Sourcing Manager
Coordinates and conducts business dealing with sourcing, procurement, and vendor management. Works within the finance department and interacts with other business groups to oversee financials, analyze data, and manage vendor costs, compliance, sourcing, and procurement under limited supervision.
Responsibilities
- Negotiates vendor contracts, sourcing, and procurement for various company departments to ensure consistency, satisfaction, and success.
- Facilitates collaborative and strong relationships with vendors and sourcing companies.
- Manages and reviews contracts and other procurement documents using competitive sourcing strategies to deliver continuous cost performance and process improvement.
- Implements a standardized corporate, global-enterprise-wide mindset to secure the best vendors and sourcing partnerships.
- Oversees data analysis, supplier negotiation and selection, contract development, financial structure, and additional sourcing activities to highlight a clear scope of services and deliverables.
- Communicates with the sourcing team to maintain compliance and conduct sourcing analytics, such as spend analysis and the development of dashboards and metrics.
- Provides direction and oversees the work of lower-level employees.
Requirements
- University degree preferred.
- 5+ years of work experience required; 7+ years preferred.
- Sedentary work as physical requirement.
Skills
Related skills include:
- Accountability
- Communication
- Critical Thinking
- Due Diligence
- Executive Presence
- General Risk Management
- Influence
- Negotiation
- Relationship Management
- Supplier Performance Management
- Vendor / Partner Management
In lieu of Sourcing/Procurement skills, experience in the following areas is acceptable:
- Vendor Management
- Third Party Risk Management (TPRM)
- IT Asset Management
- Information Technology
- Contingent Worker Operations
- Purchasing
Pay
Base pay range: $105,000/yr - $135,000/yr. Actual base salary may vary based on relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. The competitive compensation package may also include participation in an incentive program linked to performance.
Benefits
The organization offers a comprehensive Total Rewards package designed to support the well-being of associates and their loved ones. Benefits include:
- A superior retirement program.
- Highly competitive health, wellness, and work-life offerings to achieve and maintain physical, emotional, and financial well-being.