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Strategic Sourcing Executive
Marc Allen Associates
GENERAL PURPOSE:
This is a high-profile, high-impact, succession-planned leadership role requiring a strategic and entrepreneurial mindset to identify and create opportunities to help reduce and/or avoid cost while minimizing risk for a $20B+ company that continues to expand year after year. Because of your broad sphere of influence, strong leadership, project management, and communication skills are key as you’ll collaborate with many cross-functional stakeholders and executive leaders while partnering with a wide variety of vendors. |
ESSENTIAL FUNCTIONS
Drive Strategic Sourcing Process Execution:
- Create and implement mid-to-long-term detailed sourcing strategic plans and category roadmaps.
- Drive end-to-end strategic sourcing with powerful presentations, data analysis, baseline development, model building, RFP development, bid management, negotiations, offer analysis, and scenario development.
- Conduct detailed savings analysis and savings projections and synthesize them into actionable recommendations.
- Lead RFx (RFQ, RFP, RFI) processes from start to finish for projects that vary in complexity, visibility, and priority.
- Evaluate RFx responses (quantitatively and qualitatively).
- Conduct detailed market and vendor research and communicate these findings through meaningful research summaries.
- Develop and manage complex short-and long-term project timelines, including leading and managing internal and external teams.
- Facilitate the development of award scenarios and recommendations for stakeholder evaluation, consideration, and decision-making.
- Participate in post-bid management, including supplier onboarding, spend analysis, and vendor management.
Ad-Hoc Analysis, Project Support, and Project Management:
- Work with the leadership team to identify and strategically grow the Strategic Sourcing practice with an entrepreneurial mindset.
- Manage both planned and unplanned projects from stakeholders across the company.
- Create and execute project work plans and successfully deliver on timelines and project goals and objectives.
- Partner with business leaders to create project roadmaps and savings tracking documents.
- Deliver presentations and communicate effectively with all levels of the organization, including senior management.
- Manage the Direct Imports program, including multiple store fixture categories, interfacing with overseas suppliers in Asia and domestically in the USA.
Contract Development and Management:
- Lead contract negotiations with internal and Legal stakeholders.
- Assess contracts for potential sourcing project opportunities.
- Draft contract terms.
SUPERVISORY RESPONSIBILITIES:
- Direct reports: Manager, Strategic Sourcing and Manager, Strategic Sourcing.
BACKGROUND PROFILE:
- A BA/BS in Business, Economics, Accounting, or Engineering is preferred. An advanced degree, such as an MBA, is a plus.
- A minimum of 10 years of strategic sourcing experience; multi-category sourcing experience is preferred, including sourcing both products and services.
- Strategic thinking and ability to influence multiple levels of the organization.
- Excellent interpersonal, written, and verbal communication skills, especially in front of peers and executive audiences.
- Strong quantitative skills and a data-driven approach to solving problems.
- Close attention to detail and the drive to get things right with minimal supervision.
- Able to listen, understand, and communicate with associates at all levels of the company.
- Able to multi-task, prioritize, work independently, and keep a high level of focus.
- Strong Excel and PowerPoint skills required.
- Contract writing and management experience preferred.
- Occasional international and domestic travel is required with advanced notice given.