Strategic Sourcing Manager
Morrison Foerster · Los Angeles, CA · 3 wk ago
HybridLegal$133k–$180k/yrFull-time
About the role
The Strategic Sourcing Manager is responsible for delivering value and leading innovation for the firm through a broad set of sourcing and procurement activities. This position is responsible for collaborating closely with stakeholders to understand needs and strategic objectives for the various departments to develop a strategic roadmap for sourcing opportunities to drive value and mitigate risks.
- Work cross-functionally with the various departments and offices throughout the firm to evaluate requirements of goods and services, manage implementation of new supplier programs, communicate contract terms and facilitate hand-off of contract management to the business unit to establish new supplier relationships in an efficient manner.
Responsibilities
- Apply best practices in strategic sourcing, procurement and business negotiations, ensuring alignment with Firm strategic objectives.
- Perform spend analysis and develop a sourcing roadmap focused on cost savings, supplier management and process improvement.
- Work closely with stakeholders, develop requirements and project scopes and implement best in class sourcing activities to procure high-quality products and services from suppliers that adhere to the firm’s standards.
- Identify and leverage opportunities and negotiate contracts to achieve the lowest total cost of ownership across the Firm’s spend.
- Deliver cost savings to the Firm.
- Develop and implement supplier relationship management (SRM) practices including, but not limited to, vendor evaluations and quarterly business reviews.
- Build strong, productive relationships with key business stakeholders and relevant internal teams, including but not limited to Contracts, InfoSec, IT, Finance and Privacy.
- Use expertise and relationships to influence key stakeholders.
- Lead strategic thinking and supplier management in key areas of Firm spend. Accountable for leading the development and execution of multi-year category strategies.
- Build and communicate category intelligence throughout the company.
Requirements
- Education and Experience:
- Bachelor’s degree in Business, Finance, Supply Chain or a related field preferred. MBA a plus.
- Five - Seven years of experience in indirect sourcing and procurement.
- Experience in sourcing and category management for software, professional services, outsourcing, and other indirect categories.
- Vendor negotiation experience.
- Experience in change management and implementing new programs and processes.
- Understanding of law firm operations a plus.
Skills
- High degree of motivation, with driving sense of responsibility, accountability, and responsiveness.
- Advanced analytical and information gathering skills; ability to evaluate and prioritize extensive, detailed data.
- Excellent attention to detail skills in all areas including email communication, presentations and data analysis.
- Excellent presentation and communication skills.
- Outstanding interpersonal skills and capability to work effectively in a matrixed organization with the ability to develop stakeholder relationships at senior levels.
- Talent for delivering client service through teamwork.
- Ability to quickly assess information, anticipate issues and outcomes, and make effective recommendations and/or decisions, including ability to draw clear conclusions from a diverse set of data.
- Strong Microsoft Office skills with intermediate to advanced Excel skills.
- High client service ethic and a proven record in delivering exemplary client satisfaction to external and internal clients.
- Demonstrated ability and enthusiasm for leveraging AI and emerging technologies to enhance sourcing strategy, improve decision-making, and drive operational efficiency and innovation.
Benefits
- A variety of options for medical, dental, vision, life and disability coverage to meet the needs of you and your family.
- Industry-leading parental leave and family benefits including adoption and fertility treatment options and backup child and elder care.
- Global wellness program, including free access to Talkspace and Calm apps.
- An annual community service day to make an impact on your community and a birthday holiday just for fun.
- Education reimbursement annually.
- Dedicated Talent Development team.
- Competitive annual profit-sharing contribution.