Strategic Sourcing Manager
2 days ago
We are seeking a highly skilled Strategic Sourcing Manager to join our team at Cumberland Farms Inc. in a key role focused on Indirect Procurement.
In this position, you will be responsible for developing and implementing comprehensive procurement strategies across various indirect categories such as IT, professional services, facilities management, and HR services. Your primary objective will be to optimize spend, ensure supplier performance, and drive value through strategic sourcing and supplier relationship management.
Key Responsibilities:
- Develop and implement procurement strategies for assigned indirect categories to achieve cost savings, improve service levels, and ensure quality and compliance.
- Manage supplier relationships, conduct negotiations, and secure contracts that deliver value across quality, service, and cost.
- Conduct market analysis to understand trends, assess risks, and identify opportunities within the procurement landscape.
- Collaborate with internal stakeholders to understand their needs, ensuring alignment of procurement strategies with business goals.
- Identify and deliver cost savings and efficiency improvements through strategic sourcing, negotiation, and process optimization.
- Oversee the contract lifecycle from development to renewal, ensuring contracts deliver expected value and comply with company policies.
- Identify, assess, and mitigate risks associated with suppliers and procurement activities.
- Incorporate sustainability and diversity objectives into procurement strategies, promoting responsible sourcing practices.
- Provide regular reports and analysis on category performance, savings achieved, and market intelligence.
Requirements:
- Bachelor's degree in Business, Supply Chain, Finance, or related field.
- Minimum of 5 years of experience in procurement, with at least 3 years in a category management role focused on indirect procurement.
- Strong negotiation and supplier management skills.
- Excellent analytical and strategic thinking abilities.
- Proven track record of delivering cost savings and process improvements.
- Strong project management and stakeholder engagement skills.
- Knowledge of procurement software and systems.
- Excellent communication and interpersonal skills.
What We Offer:
- Competitive wages.
- Work today, get paid tomorrow through our earned wage access program.
- Paid Time Off.
- Medical/Health/Dental Coverage.
- 401K with Company Match.
- Team Member Discounts.
- Tuition Reimbursement.
- Employee Assistance Program.
- Health Savings Account.
- Company Spirit Days.
- Employee recognition and awards.
- And much more.
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