Senior Sourcing Manager
5 days ago
Why choose us?
Are you ready to take the next step in your career? Join us for an exciting opportunity at Albertsons Companies, where innovation and customer service go hand-in-hand
At Albertsons Companies, we are looking for someone who's not just seeking a job, but someone who wants to make an impact. In this role, you'll have the opportunity to lead, innovate, and contribute to the growth of a company that values great service and lasting customer relationships. This position offers the chance to work in a fast-paced, dynamic environment that's constantly evolving.
Main Responsibilities
The Own Brands Strategic Sourcing Department has an opening for a Senior Sourcing Manager.
The position will be based in Pleasanton, CA or Boise, ID. This position will be on- site Monday to Thursday and 1 flex day on Friday to work in the location of your choice.
Strategic Sourcing Category Leadership
- Lead sourcing initiatives for high-complexity categories (commodities, markets, booking, hedging) with annual spend exceeding $150M, utilizing standardized processes established by the Strategic Sourcing Department.
- Provide thought leadership and subject matter expertise to support Own Brands business priorities through effective sourcing strategies.
- Serve as the primary point of contact for stakeholders and suppliers across assigned categories and projects.
- Partner closely with cross-functional stakeholders to implement sourcing strategies that ensure supply continuity while optimizing cost and quality.
- Lead sourcing efforts for Own Brands innovation and new item development across multiple categories.
- Identify and execute cost savings initiatives that enhance quality, service, innovation, and overall value.
- Conduct industry analysis to identify trends and inform sourcing strategies.
- Deliver accurate financial reporting of cost savings to leadership.
- Ensure compliance with SOX policies and procedures established by the Sourcing Department.
Contracting & Financial Analysis
- Develop, negotiate, and execute contract terms; collaborate with Legal Counsel to secure approval on legal provisions.
- Analyze complex bid submissions and conduct advanced financial scenario modeling to support award recommendations for sourcing leadership and business units.
- Summarize financial outcomes and present sourcing recommendations to senior management and business units.
- Manage cost increase processes, including data analysis, supplier negotiations, and stakeholder communication.
Supplier & Risk Management
- Mitigate financial risk through proactive inventory management and supplier collaboration.
- Conduct supply assurance initiatives, including onboarding secondary suppliers to enhance category service levels.
- Lead supplier transitions, ensuring accurate documentation, supplier setup, and liability management.
- Manage supplier relationships, resolving issues related to pricing, supply assurance, and ongoing projects.
Leadership & Team Development
- Motivate and guide the sourcing team in applying strategic sourcing tools and processes to achieve goals.
- Train, manage, & mentor Sourcing Analysts to build expertise in industry dynamics, negotiation strategies, contract management, and financial modeling.
- Develop deep product knowledge and understanding of category roles and business strategies within the team.
Education Level
We are looking for candidates who possess the following:
- Bachelor's degree in Business or Supply Chain Management preferred.
Experience Level
- 8 - 10 years' experience and the education listed above.
- 8+ years of negotiating contracts, managing strategic supplier relationships and buying experience, preferably in Food & Beverage industries.
Skills And Experiences
- Strong ability to negotiate internally and externally to achieve required objectives and execute and implement contracts.
- Strong meeting management and facilitation skills.
- Good understanding of manufacturing, distribution and logistics.
- Exceptional complex analytical and problem-solving skills.
- Good knowledge of sourcing systems and preferable e-sourcing technology.
- Advanced computer skills including Excel, PowerPoint, and Microsoft BI. Ability to understand and work with multiple enterprise-wide systems.
- Working knowledge of contract law, government policies and regulations for the food and drug industry.
- Excellent oral, written and presentation communication skills.
- Excellent relationship building and collaboration skills.
- High energy level, initiative, creative problem-solving ability and sense of urgency.
- Excellent team interpersonal skills and ability to handle multiple tasks while providing superior service.
- Ability to work with cross-functional teams.
- Ability to lead and/or mentor a small team.
Travel Requirements: 10% Travel Required
We Also Provide a Variety Of Benefits Including
- Competitive wages paid weekly
- Associate discounts
- Health and financial well-being benefits for eligible associates (Medical, Dental, 401k and more)
- Time off (vacation, holidays, sick pay). For eligibility requirements please visit myACI Benefits
- Leaders invested in your training, career growth and development
- An inclusive work environment with talented colleagues who reflect the communities we serve
Our Values – Click below to view video:
ACI Values
A copy of the full job description can be made available to you.
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