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2 months ago
About Compass Group Careers
Compass Group Careers is a leading provider of food and support services to businesses and organizations around the world. We are committed to delivering exceptional service and value to our clients, and we are seeking a highly skilled and experienced Strategic Sourcing Director to join our team.
Job Summary
The primary responsibility of this role is to develop and implement strategic sourcing strategies that drive cost savings, improve quality, and enhance supplier relationships. This will involve working closely with cross-functional teams to understand business requirements, identify opportunities for improvement, and develop and execute sourcing plans.
Key Responsibilities
- Lead the negotiation and contract management of large-scale, enterprise-wide volume purchase agreements.
- Develop and implement strategic sourcing plans that align with business objectives and drive cost savings.
- Partner with Category Development subject matter experts to gain insights and advanced knowledge of products.
- Proactively strategize with business stakeholders to understand their needs and develop solutions that meet those needs.
- Lead cross-functional teams to develop meaningful requirements and ensure quality responses from suppliers.
- Research and develop adequate sources of supply, leveraging best practices and market knowledge to drive cost savings.
- Evaluate the financial stability of potential suppliers and perform business analysis to inform sourcing decisions.
- Provide fact-based recommendations to executive-level management to inform strategic buy decisions.
- Continuously seek out cost savings opportunities and lead efforts to realize those savings.
- Develop and refine procurement processes to minimize efforts and maximize benefits.
- Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities.
Requirements
- Bachelor's degree or equivalent work experience required; MBA preferred.
- 6+ years proven management experience in Procurement/Supply Chain/Sourcing role with a track record of solid management behavior and results.
- Effective written and verbal communication skills.
- Project Management skills/experience.
- Ability to manage multiple priorities among cross-functional teams.
- Proven customer focus orientation.
- Proven advanced and methodical analytical skills using large data sets.
- Demonstration of critical thinking, ability to draw conclusions from financial models of various data sources and make recommendations from large and small data sets across the business at all levels.
- Proven experience in managing a P&L or budget.
- Significant experience leading and conducting negotiations for contracts with domestic and international sources across a wide portfolio of categories.
- Strong internal stakeholder management skills - capacity to listen, build trusting relationships in all levels of the organization, understand, and capture stakeholder's needs and deliver effective solutions.
- Advanced Microsoft and Word proficiency.
- Up to 10% Travel Annually.
What We Offer
- Competitive compensation and benefits package.
- Opportunities for career growth and development.
- Collaborative and dynamic work environment.
- Recognition and rewards for outstanding performance.
Compass Group Careers is an Equal Opportunity Employer
