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Senior Manager, Strategic Sourcing
3 months ago
With more than 13,000 stores in the U.S. and 84,500 stores globally, it is no wonder 7-Eleven, Inc. has been named an iconic brand. In addition to 7-Eleven stores, 7-Eleven, Inc. also operates and franchises Speedway, Stripes, Laredo Taco Company and Raise the Roost locations.
Is this the role you are looking for If so read on for more details, and make sure to apply today.Since inventing the convenience industry in 1927, 7-Eleven has built a rich 96-year history filled with beloved products like Slurpee, Big Gulp and Big Bite, and fan-favorite holidays like Slurpee Day and Bring Your Own Cup Day.
Now, 7-Eleven is on a mission to contemporize the brand and redefine convenience - and we need your help.
Work location options: Irving TX; Enon OH
About This Opportunity
JOB SUMMARY:
The Strategic Sourcing Senior Manager will oversee all sourcing-related activities and processes associated with the acquisition of materials and services of fresh food, private brands, and supply chain to support the operational needs of the company. This includes requirements gathering, sourcing, creating and issuing Request for Proposal (RFP), proposal evaluation, contract negotiations, vendor relationship management, distribution services management, contract drafting and administration. Functionally responsible for ensuring compliance with 7-Eleven sourcing policies and processes as well as 7-Eleven's ethical and legal business practices.
KEY DUTIES AND RESPONSIBILITES:
- Source fresh food ingredients for menu assortment while managing to budget and maximizing spend via RFPs and contract/pricing negotiations.
- Develop and implement strategic sourcing plans for designated categories.
- Implement vendor management and compliance programs including SLAs (Service Level Agreements), and pricing for products for fresh food products and ingredients.
- Negotiate contracts and agreements with suppliers to ensure optimal pricing and favorable terms.
- Build and maintain strong relationships with suppliers and stakeholders to ensure timely delivery of products and resolve any issues that arise.
- Analyze market trends, assess supplier performance, and evaluate the impact of external factors on the procurement of products.
- Develop and implement strategies to mitigate risk and improve cost-effectiveness. Prepare reports and presentations to communicate findings and recommendations to stakeholders.
- Stay up to date with industry developments and advancements in technology related to the procurement of products.
- Understand and recommend high impact projects for existing and emerging products and services that drive meaningful results: reduce cost and risk and improve quality.
- Provides general product and services management support to Category Managers and/or Product Developers.
- Interview potential suppliers and determine if supplier is qualified to produce and/or supply products or services. Includes a review of supplier's production capability, ability to meet deadlines, maintain quality food standards, and financial background.
- Work with supplier during testing of the product or service. Coordinates and communicates company recommendations and revisions for the product or service. Shares forecasts for ingredient orders and ensures timely delivery of products via distribution network.
- Provides ongoing cost leadership support to ensure lowest cost of goods and secure supply of product to store demand and margins.
- Project management - works with suppliers and cross functional teams to address product needs for various projects, LTO (limited time offers), and promotional plans.
Key Leadership Competencies
- Strong leadership, organization, coaching and influencing skills.
- Strong interpersonal skills with the ability to communicate effectively at all levels, including executive leadership, stakeholders, and external contractors / suppliers.
- Ability to create the case for change and help drive and manage the change with internal and external stakeholders. Ability to solve problems by assessing the situation, leveraging, and analyzing relevant data, identifying root cause and developing potential solutions.
- Makes informed decisions, demonstrates initiative, and acts with autonomy to execute initiatives.
- High level of agility and adaptability; ability to quickly learn details of new business challenges and identify dependencies and impacts of other key initiatives.
- Manage collaboration and communication with other teams, both internal and external, to ensure teams have what they need and can work efficiently.
- Drives results and establishes metrics to monitor, track, and report sourcing project progress.
EDUCATION AND EXPERIENCE:
EDUCATION: Bachelors/4 Yr Degree
YEARS OF RELEVANT WORK EXPERIENCE: 5+ years
YEARS OF MANAGEMENT EXPERIENCE: 3+ years
CERTIFICATIONS / LICENSES: NA
SPECIFIC KNOWLEDGE AND SKILLS:
- The successful candidate should have a bachelor's degree in Supply Chain Management, Procurement, Business Administration, Logistics, or Food and Beverage.
- Solid background in retail, foodservice or restaurants, fresh foods, material planning, distribution, or private brands sourcing/buying experience with product manufacturers.
- Knowledge and experience of forecasting, supply chain, logistics, vendor management, contract negotiations processes.
- Candidate should have a strong sense of urgency, high standards of excellence, able to influence others and manage conflict, strong organizational skills, attention to detail, clear communication and follow-up skills, analytical approach to decision-making process.
- Proficient with MS Office suite- advanced skills in MS Excel.
- Possesses excellent interpersonal, written, and verbal communication skills and is comfortable working with multiple stakeholders at all organizational levels
