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Indirect Strategic Sourcing Manager
4 months ago
Overview:
SCOPE Recruiting is partnering with an esteemed client in Atlanta to find an experienced Strategic Sourcing Manager. This role is pivotal in developing and implementing strategic sourcing and procurement strategies focused on quality, cost, and delivery. As the Strategic Sourcing and Category Manager for Professional Services (Indirect Spend), you will manage procurement strategies for various professional services categories, collaborating closely with internal stakeholders to identify cost-saving opportunities, develop sourcing strategies, and negotiate contracts.
Key Responsibilities:
- Develop and implement strategic sourcing initiatives for professional services categories, including legal services, consulting, marketing, and HR.
- Lead RFx processes (Request for Proposal, Request for Quote, etc.) to solicit bids from suppliers, ensuring competitive pricing and terms.
- Analyze market trends, supplier capabilities, and industry best practices to identify opportunities for cost savings and process improvement.
- Negotiate contracts, pricing, and terms with suppliers to achieve optimal value while maintaining quality and service levels.
- Build and maintain strong relationships with key suppliers, fostering collaboration and driving continuous improvement.
- Partner with internal stakeholders to understand their needs and requirements, providing guidance and support throughout the procurement process.
- Lead cross-functional teams to drive procurement projects from inception to completion, ensuring alignment with organizational goals and objectives.
- Monitor supplier performance and compliance, implementing corrective actions as necessary to mitigate risk and drive supplier accountability.
- Stay abreast of industry developments, regulatory changes, and emerging trends in professional services procurement, incorporating relevant insights into sourcing strategies.
- Work with suppliers to resolve contract management and compliance issues.
- Perform Business Reviews with key suppliers, managing current performance, aligning corrective actions, and developing collaborative initiatives.
- Perform other duties as assigned to support Indirect Sourcing and as assigned by the Manager.
Education & Experience:
- Bachelor’s degree in Supply Chain Management or Business Administration is required; Master’s/MBA preferred.
- Certifications in Supply Chain Management, Purchasing, Six Sigma Green/Black Belt, or PMP are desired.
- Expert understanding of purchasing policies, procedures, practices, and the value and use of procure-to-pay (P2P) digital platforms.
- Proficient in Microsoft Office (PowerPoint, Excel, Word, Visio), SAP, Oracle, and/or Ariba.
- Deep understanding of strategic sourcing and procurement processes and strategies.
- Comfortable with ambiguity and adaptable to changing business needs and priorities.
- Ability to work with ambiguous data and transform it into a clear story for analysis and decision-making.
- 10+ years of strategic sourcing, procurement, and relevant category experience in indirect spend.
- Ability to interact and negotiate with key suppliers and internal stakeholders on key contracts and services while navigating complex and ever-changing environments.
- A flexible, dynamic, self-demanding, and proactive individual able to motivate themselves.
- Ability to think strategically and develop the organization’s future state strategy.
- Strong business acumen with the ability to understand challenges from the perspective of business leaders.
- Strong leadership and collaboration skills to build and maintain trusted relationships with internal and external stakeholders.
- Excellent verbal and written communication skills, with the ability to confidently present complex information to senior executives.
- High level of integrity and dependability with a strong sense of urgency to deliver results.
- Expertise across a complex set of electronics and electrical spend categories, including knowledge of marketplace dynamics, supplier profiles, current events, and technical processes/capabilities.
- Experience with ERP systems, Spend Data Analytics & Reporting, eSourcing, and contract management systems is required.
- Ability to identify and develop business cases for year-over-year cost reduction pipeline with suppliers through should costing, process improvement, and innovative strategies.