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Sourcing Manager
2 months ago
At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day.
We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.
Our four values guide our strategy, our decisions, and our interactions:
- Make it human. We care about the people that make up our customers, colleagues, and communities.
- Make it about others. We do what's best for our customers and collaborate to drive progress.
- Make it happen. We work with intention toward a common purpose and forge ways forward together.
- Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.
POSITION TITLE
Sourcing Manager
POSITION LOCATION
Richmond, VA (hybrid)
Lynchburg, VA (hybrid)
Remote (US Eastern or Central Time)
This position is available to Virginia residents as Richmond, Virginia in-office applicants or remote applicants residing in states/locations under Eastern or Central Standard Time: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington DC, Vermont, West Virginia or Wisconsin.
YOUR ROLE
Selecting, contracting, and managing quality suppliers is critical to protecting Genworth and ensuring we are able to meet our stakeholder commitments. You will focus on specific categories of spend and partner with business leaders to maximize value while minimizing risk by leading requests for proposal, contract negotiations and ensuring due diligence practices are followed based on the risk. Primary categories are Professional Services as well as Software and Services.
What you will be doing
- Utilize the supplier risk tool, identify the risk tier related to the service and use that risk to drive the requirements and lead/coach the business throughout the rest of the Supplier Life-Cycle (e.g., selection, contracting, management, and exit)
- Collaborate closely with internal departments (especially our Live Well/Age Well team) to understand their sourcing needs, specifications and requirements
- Develop and issue complex Request for Proposals, manage the selection process and lead contract negotiations
- Work with the Sourcing Operations and Supplier Management Leader to drive adherence to Sourcing and Supplier Management Policy
- Utilize Ariba for contract storage and spend visibility reports and Oracle Purchasing for PO approval
What you bring
- BS/BA in Business, Finance or related field
- 5+ years of experience in a Sourcing and or Supply Management role or Program Management role
- Demonstrated effective influencing and team building skills with ability to drive results and gain commitment at all levels across the organization
- Comfortable with conflict – creating, managing and resolving
- Attention to detail and willingness to read and review documentation
- Strong interpersonal, communication (oral and written) and presentation skills
- Knowledgeable on Microsoft suite of office products (Word, Excel. PowerPoint, etc).
- Occasional travel may be required
Nice to Have
- Strong Analytical skills
- Inquisitive – desire to continuously learn and grow
- Passion for increasing opportunities for diverse businesses
Employee Benefits & Well-Being
Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.
- Competitive Compensation & Total Rewards Incentives
- Comprehensive Healthcare Coverage
- Multiple 401(k) Savings Plan Options
- Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded)
- Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
- Disability, Life, and Long Term Care Insurance
- Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
- Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
- Caregiver and Mental Health Support Services
ADDITIONAL
- At this time, Genworth will not sponsor a new applicant for employment authorization for this position
- No agencies please