Strategic Sourcing Manager

GNC · Pittsburgh, PA · Yesterday

On-sitePurchasingFull-time

About GNC

Since 1935, GNC has been a global leader in health and wellness innovation, inspiring people to achieve their goals with a trusted and dynamic range of products. As #TeamGNC, we prioritize our consumers, constantly collaborating and developing new ideas to deliver cutting-edge solutions. Our team is passionate about driving change and turning aspirations into actions. We believe that good health is the greatest gift, and there's nothing more rewarding than helping others achieve it. Join us in empowering others to Live Well!

What We’re Looking For

We are looking for an individual who is excited and eager to play a pivotal role in driving excellence in the health and wellness industry. This position offers the opportunity to engage in a collaborative environment where you will make a personal impact every day.

Strategic Sourcing Senior Manager

Develop strategic sourcing strategies for specific categories being purchased using focused industry analysis, criticality analysis, business knowledge, competitive analysis, and sourcing expertise
Lead and coach internal business partners and team members on the sourcing process: gather requirements, market analysis, identifying sources, proposal evaluation, negotiations, contract creation, contract management, spend analysis, and long-term category planning
Identify, evaluate, and select suppliers based on cost, quality, reliability, and strategic fit. Build and maintain strong supplier relationships. Serve as a central point of contact for all supplier-related activities and decisions
Develop supplier performance metrics (KPIs) and lead performance reviews
Drive continuous improvement - Ensure competitive Price, Quality & Delivery Performance. Conduct total cost of ownership (TCO) analysis
Support Marketing and Retail Ops leadership in development of supply base and commodity strategies consistent with business initiatives
Establish supplier relationship management processes and continuous improvement goals/programs
Work with our finished product manufacturing partners and raw material suppliers to identify challenges associated with the development of new products as it pertains to new product concepts, new/existing packaging designs, raw material and component sourcing
Update suppliers on changes in volume to leverage new pricing while building trust and partnership with key suppliers
Propose cost savings initiatives through competitive sourcing and changing ingredients to cheaper options with the customer in mind
Manage bidding processes and apply proper leverage
Track historical pricing and create benchmarks for future supplier negotiations based off market conditions at that time
Investigate and recommend new supplement/component manufacturers, manufacturing technologies and potential manufacturing partners with an emphasis on high quality, small MOQ’s, short lead-times, and low cost
Negotiate contracts and pricing structures. Ensure contract terms include quality and service level expectations
Manage supply chain risks (e.g., geopolitical, financial, operational)
Develop dual sourcing strategies and contingency plans
Address and escalate supplier-related quality and supply issues in partnership with cross-functional teams
Analyze market trends, pricing forecasts, and commodity indexes
Drive innovation utilizing relationships & trade shows to find new ingredients, technologies, emerging markets for innovations
Source and propose new ingredients and suppliers with fresh ideas and products
To Solve quality and lead time issues with ingredients or components
Perform Additional duties as assigned by leadership
Supervise multiple projects
Supervise a team of employees

Job Responsibilities

Develop strategic sourcing strategies for specific categories being purchased using focused industry analysis, criticality analysis, business knowledge, competitive analysis, and sourcing expertise

Lead and coach internal business partners and team members on the sourcing process: gather requirements, market analysis, identifying sources, proposal evaluation, negotiations, contract creation, contract management, spend analysis, and long-term category planning

Identify, evaluate, and select suppliers based on cost, quality, reliability, and strategic fit. Build and maintain strong supplier relationships. Serve as a central point of contact for all supplier-related activities and decisions

Develop supplier performance metrics (KPIs) and lead performance reviews

Drive continuous improvement - Ensure competitive Price, Quality & Delivery Performance. Conduct total cost of ownership (TCO) analysis

Support Marketing and Retail Ops leadership in development of supply base and commodity strategies consistent with business initiatives

Establish supplier relationship management processes and continuous improvement goals/programs

Work with our finished product manufacturing partners and raw material suppliers to identify challenges associated with the development of new products as it pertains to new product concepts, new/existing packaging designs, raw material and component sourcing

Update suppliers on changes in volume to leverage new pricing while building trust and partnership with key suppliers

Propose cost savings initiatives through competitive sourcing and changing ingredients to cheaper options with the customer in mind

Manage bidding processes and apply proper leverage

Track historical pricing and create benchmarks for future supplier negotiations based off market conditions at that time

Investigate and recommend new supplement/component manufacturers, manufacturing technologies and potential manufacturing partners with an emphasis on high quality, small MOQ’s, short lead-times, and low cost

Negotiate contracts and pricing structures. Ensure contract terms include quality and service level expectations

Manage supply chain risks (e.g., geopolitical, financial, operational)

Develop dual sourcing strategies and contingency plans

Address and escalate supplier-related quality and supply issues in partnership with cross-functional teams

Analyze market trends, pricing forecasts, and commodity indexes

Drive innovation utilizing relationships & trade shows to find new ingredients, technologies, emerging markets for innovations

Source and propose new ingredients and suppliers with fresh ideas and products

To Solve quality and lead time issues with ingredients or components

Perform Additional duties as assigned by leadership

Supervise multiple projects

Supervise a team of employees

Qualifications

Bachelor’s degree in business administration or an equivalent combination of education and experience sufficient to successfully perform the key accountabilities of the job required
Advanced degree (MBA, Master’s) preferred
2+ years progressive in sourcing of dietary supplement (DS) raw materials, bulk supplements, and/or packaging components experience preferred
3+ years in a leadership role (direct or indirect)
2+ years’ experience in the nutrition industry or comparable experience
Prior managerial/supervisory experience preferred
High degree of proficiency MS Office Suite, Outlook & Internet applications required
Strong analytical, prioritizing, interpersonal, problem-solving, presentation, budgeting, project management (from conception to completion), & planning skills
Strong verbal and written communication skills (including analysis, interpretation, & reasoning)
Solid understanding and application of mathematical concepts
Ability to develop and maintain collaborative relationships with peers and colleagues across the organization, as well as internal and external clients
Ability to work well autonomously and within a team in a fast-paced and deadline-oriented environment
Ability to work with and influence peers and senior management
Self-motivated with critical attention to detail, deadlines and reporting with limited supervision and ability to hit deadlines
Willing to work Monday through Friday during normal business hours (8am – 5pm), and able to work evenings and weekends as projects require to complete assignments
Commitment to being focused and diligently working without distractions during the workday

Benefits

Medical
Dental
Vision
STD
LTD
Paid Company Life Insurance
401K program with company match
30% employee merchandise discount on GNC products & 20% employee discount on 3rd party products
Monthly Free Product Offers
Access to the Employee Assistance Program