Strategic Procurement Leader for Luxury Retail

4 weeks ago

New York, New York, United States Saks Full time

Saks is a world-renowned luxury ecommerce destination that combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores. Our unique approach extends the seamless experience from the digital world into the real world.

Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home decor, and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences, and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.

  • Key Responsibilities:
    • Manage the end-to-end procurement process for new and existing supplier purchases, including conducting project/request intake, contract/proposal review, supplier discussions or negotiations, partnering with legal, soliciting final finance approval, and administering contracts for signature and managing the contract in the contract lifecycle management standpoint
    • Oversee the procurement process for the Marketing and Creative spend categories
    • Review and analyze spend and supplier proposals to identify opportunities to improve price and business terms, and work with stakeholders and suppliers to negotiate improvements, making fact-based negotiations and recommendations
    • Serve as the principal liaison representing Saks Global with suppliers on commercial and business relationship content, including but not limited to quality, cost, delivery, service, contracts, and risks
    • Establish strong vendor relationships, effectively manage category supply base, perform advanced and intricate negotiations, and oversee the selection of key vendors
    • Coordinate across internal Saks Global stakeholders to ensure clear communication of business goals, understand business requirements, and adherence with legal, finance, information security, and other organizational controls
    • Ensure expedient and compliant implementation of new contracts throughout the organization
    • Partner with Finance and stakeholders throughout the year and as part of the annual budgeting process
    • Establish strong cross-functional partnerships with the Finance team to ensure budget adherence and cost containment, as well as partner with Finance as part of the ongoing forecasting or annual budgeting process
    • Support the creation of new processes, procedures, and documentation as part of a new procurement function for the company

Job Requirements:

  • Bachelor's degree in Business, Finance, Supply Management, or a related field
  • 7-10+ years of related experience in Procurement and the relevant spend categories with a record of increasing responsibility and a proven track record
  • Prior experience in procurement and negotiations for such categories in a Fortune 500 or management consulting environment
  • Ability to effectively communicate at all levels of the organization, including senior levels, with strong relationship management experience
  • Ability to work on multiple initiatives at a time, with the ability to prioritize and manage time to ensure initiatives are completed in a timely manner in a remote working environment
  • Excellent negotiation and analytical skills, with the ability to conduct/present cost and proposal analysis to achieve desired negotiations outcomes
  • Demonstrated ability to work with suppliers, building strong relationships while also being assertive
  • Prior experience with procurement workflow and contract management tools is a plus
  • Self-starter with a continuous improvement mindset to evolve process, procedure, and innovate

Preferred Qualifications:

  • Prior experience with Workday Strategic Sourcing (Scout)

Equal Employment Opportunity:

Saks provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Saks complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Saks welcomes all applicants for this position.

Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.

Saks is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

The above expected salary range may have some variability based upon factors including, but not limited to, a candidate's overall experience, qualifications, and geographic location.

If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.

Salary Range: $96,000 - $125,000

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