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Senior Sourcing Manager, Store Development, Fixtures
1 month ago
We are seeking a highly experienced Strategic Sourcing Manager to join our Store Development team. As a key member of our sourcing team, you will be responsible for developing and executing strategic sourcing plans to support the growth and success of our store development business.
Key Responsibilities- Develop and execute strategic sourcing plans to support store development business objectives
- Build and maintain strong relationships with key stakeholders, including store development teams, finance, and suppliers
- Lead the development of complex contracts, including RFIs, RFPs, and contract negotiations
- Collaborate with finance and key stakeholders to develop strategic sourcing pipeline with well-defined cost savings and avoidance targets
- Conduct all phases of the sourcing process, from requirement gathering to final contract execution
- Negotiate with suppliers to optimize Sephora's position and partner with stakeholders on contract evaluation, redlining, and final negotiation
- Continually improve supplier performance by setting measurable, contractual performance targets and related supplier performance management
- Stay abreast of changes in the market and supplier overall health, considering emerging business models and suppliers
- Build and execute a plan to identify and evaluate diverse suppliers, increasing the percentage of Sephora's category spend with diverse suppliers and supporting sustainability goals
- Advocate for and track compliance to Sephora's Indirect Spend and Delegation of Authority policies, 3rd party risk management process ownership, building/delivering periodic training, and managing non-compliance
- Provide thought leadership and support to ad hoc projects optimizing Strategic Sourcing's effectiveness
- Strategize across categories/departments to identify opportunities for gained efficiencies and cost-effectiveness in supplier negotiations
- Build project plans and timelines to ensure key milestones are being captured and met as it relates to the sourcing process
- Successfully complete sourcing projects on time, managing all aspects of the process, including security, privacy, and financial review for value, along with final document retention in our contracts lifecycle management system
- Effectively communicate status updates to key stakeholders, including timely identification and escalation/resolution of issues
- Lead, mentor, and provide oversight to a high-performing sourcing professional in supporting categories
- Foster a culture of curiosity, data literacy, and continuous learning across the organization, actively improving Sephora's Sustainability, Supplier Diversity, and 3rd party Risk goals
- Demonstrate Sephora values in all interactions, internally and externally
- 10+ years of strategic sourcing experience, with strong expertise in store development, fixtures, and construction services and equipment in a multi-national retail corporation
- Experience in negotiating large enterprise agreements typical of your assigned category, for example, master services agreements, and statements of work, among others
- Experience developing relationships and gaining buy-in with key stakeholders on category strategies, multi-year sourcing plans, supplier relationship management, continuous improvement plans, 'should-cost' models, and negotiation strategies
- A proven track record of cost reduction and productivity improvements; ability to influence and drive change while building solid relationships with your internal clients and external suppliers
- Excellent project and timeline management skills to manage sourcing projects end-to-end, from project intake, onboarding to project closure, operationalization, and governance
- Excellent interpersonal skills with the ability to prioritize and multi-task in a fast-paced environment
- Skilled negotiator with a current understanding of various contract models and on-market terms
- Ability to successfully influence both internal and external partners and interface with senior-level stakeholders
- Excellent communication skills, including oral, written, and interpersonal
- Advanced analytics, Excel, presentation, data visualization, and Sourcing tools skills
- Robust understanding of various software tools critical to strategic sourcing, including employee collaboration and productivity tools, procure-to-pay and vendor management solutions, e-RFX, sourcing pipeline and savings reporting, and contract lifecycle management
Sephora is a leading beauty retailer within the LVMH family, with a global reach and a commitment to innovation and sustainability. We are united by a common goal - to reimagine the future of beauty. As a member of our team, you will be surrounded by talented leaders and teams, with opportunities for growth and development through personalized career plans. We value diversity and inclusion, and are committed to creating a culture of curiosity, data literacy, and continuous learning.
We offer a generous benefits package to full-time employees, including comprehensive health, dental, and vision plans, a superior 401(k) plan, various paid time off programs, employee discount/perks, life insurance, disability insurance, flexible spending accounts, and an employee referral bonus program.
This role will be posted for a minimum of 5 days. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, ancestry, citizenship, gender, gender identity, sexual orientation, age, marital status, military/veteran status, or disability status. Sephora is committed to working with and providing reasonable accommodation to applicants with physical and mental disabilities. Sephora will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law.