Strategic Sourcing Director

6 days ago

New York, New York, United States Crunch , Inc. Full time
Job Description

**Job Title:** Strategic Sourcing Director

**Company:** Crunch, Inc.

**Location:** New York City Office

**Job Type:** Full-time

**About Us:

Crunch, Inc. is a leading provider of fitness services, with a strong presence in the market. We are seeking a highly skilled Strategic Sourcing Director to join our team.

Job Summary:

We are looking for a seasoned procurement professional to lead our strategic sourcing efforts. The successful candidate will be responsible for developing and implementing procurement strategies that drive cost savings, improve efficiency, and enhance the overall value proposition for our business.

Key Responsibilities:
  • Strategic Function Establishment & Related:
    • Establish, optimize, and implement procurement COE strategies, including internal tools, processes, and protocols to support organizational success.
    • Lead procurement/sourcing function, including coordinating with management team and department leaders to develop expansive, data-driven strategies and analytical metrics to measure procurement success and execute vendor vetting.
    • Lead monthly Procurement COE Council, presenting procurement projects savings and strategic initiatives to senior leadership and private equity investor leads for collaboration and strategic feedback.
    • Lead monthly Franchise Procurement Council, obtaining feedback to drive network program launches to 350+ domestic locations.
    • Build procurement function team aligned with long-term strategy.
  • Vendor Management & Related:
    • Develop and execute RFI/RFQ/RFP processes/strategies through spend/pricing analytics, category research/expertise, and stakeholder collaboration with the goal of delivering optimal terms for both Franchisor and Franchisees.
    • Manage and maintain strategic supplier relationships through day-to-day support, formal Quarterly Business Reviews, and contract cycle reviews.
    • Establish/renew key vendor relationships, including contract negotiations, contract review, and securing credit terms.
    • Execute vendor partnership/program implementation and launches, including developing project roadmaps and drafting all internal/external communications.
    • Oversee operational purchases for ~45 corporate-owned clubs, collaborating cross-functionally for vendor management and launches.
    • Confidently manage and resolve complex negotiations and supply chain interruptions.
  • KPI Management & Data Analysis:
    • Manage robust procurement project tracker, tracking project opportunities (pipeline) and stages of active projects (from strategy to implementation).
    • Develop and maintain KPI metrics to track and quantify achievement of Crunch objectives for all procurement projects (ie. cost savings, revenue, and cost avoidance through direct negotiations and competitive bids).
    • Develop financial models to quantify and analyze competitive proposals for complex expense categories, often utilizing large datasets from various sources with multi-year forecasting considerations, along with opportunity assessment scorecards.
    • Validate benefits secured through procurement initiatives are accurately activated via review of supplier invoicing and reporting review, as well as company financial statement allocations and classifications.
    • Audit invoices and purchase details to ensure indirect suppliers are adhering to the terms and conditions of agreements.
    Requirements:
    • **Education:** Bachelor's or master's in supply chain, business administration, or similar business field.
    • **Experience:** 3+ years with VP experience in related/similar role.
    • **Skills:** Proficient in Microsoft Office Suite, including data analytics/modeling with Excel/Power BI.
    • **Certifications:** CSCP - Certified Supply Chain Professional, CPSM - Certified Professional in Supply Management, etc.
    • **Preferred:** Franchise and/or multi-unit/store experience, ability to manage cross-functional projects with overlapping deadlines.
    What We Offer:

Crunch, Inc. offers a competitive salary range of $150,000 to $175,000, a hybrid schedule, and opportunities for professional growth and development.

We are an equal opportunity employer and welcome applications from diverse candidates.

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