Sourcing Category Manager - Marlborough, United States - BJ's Wholesale Club

Description

Join our team of more than 34,000 team members, supporting our members and communities in our Club Support Center, 235+ clubs and eight distribution centers.

BJ's Wholesale Club offers a collaborative and inclusive environment where all team members can learn, grow and be their authentic selves.

Together, we're committed to providing outstanding service and convenience to our members, helping them save on the products and services they need for their families and homes.

• BJ's pays weekly
• Generous time off programs to support busy lifestyles* o Vacation, Personal, Holiday, Sick, Bereavement Leave, Jury Duty
• Benefit plans for your changing needs* o Three medical plans
  , Health Reimbursement Account (HRA), Health Savings Account (HSA), two dental plans, flexible spendingeligibility requirements vary by positionmedical plans vary by locationThe Sourcing Category Manager (IT & e-commerce) will develop winning sourcing strategies and execution plans to drive total cost reduction in assigned categories. This person will communicate and champion strategies to C-level and Senior level executives and their teams to gain support to successfully execute projects and deliver results. This person will leverage prior sourcing expertise and conduct extensive research and analysis on market conditions, industry best practices, vendor performance, and BJ's business to successfully select the best strategic partners for BJ's business needs. This person will utilize appropriate negotiation methods to drive cost reductions and increase value to BJ's. Additionally, they will build strong relationships with the business stakeholders to further extend the influence of the Strategic Sourcing and Procurement team throughout the BJ's IT and Omni departments, and work cross-functionally with other business partners throughout the organization. They will take ownership of all assigned projects from start to finish to ensure BJ's interests are represented at every step and ultimately included in all RFP, Term sheets, and coinciding agreements; Identify opportunities to drive total cost savings through research and analysis, engagement with key stakeholders, and with direction from the leadership team; Establish benchmarks to quantify savings; Develop sourcing project plans and timelines to set expectations, and manage accordingly. Partner with the technical and/or business experts to develop specifications, statements of work, and scorecards; Perform research utilizing market intelligence and other tools to identify qualified vendor options; Create RFP documents to communicate specifications and procurement practices to the selected vendors; Identify and refine selection criteria with key stakeholders; Capture responses and evaluate to determine which vendors will be eliminated from the process; Hold cross functional meetings with each of the remaining vendors to evaluate their capabilities, utilizing scorecards. Eliminate vendors deemed unacceptable; Conduct multiple rounds of negotiations to achieve the best total cost; Perform the final scorecard review and award the business to the vendor with the highest score; Lead the negotiation of business terms with the selected vendor ensuring all negotiated items are included, and that all of BJ's interests are represented in the finished contract, including service levels and success criteria; Quantify savings based on benchmarks and final pricing; Transition vendor management responsibilities to the appropriate division; Recommend Key Performance Indicators / service level metrics to business owners to maximize value for BJ's. RequirementsBachelor's degree in IT, sourcing, business management or related field5-8 years in a strategic sourcing role with 2-3 years specialized in IT/e-commerce sourcingOutstanding technical skills (PC, Excel, Word, Access, E-Sourcing software, basic Financial Accounting). Strong negotiation, communication, and interpersonal skills requiredUnderstanding of total costs associated with procurement. Ability to identify and negotiate based on total cost. Ability to formulate a strategic and effective negotiation and develop and implement effective Requests for Quote/Proposal/Information. Ability to cultivate good vendor relationsFinancial and business acumenStrong analytical skillsAbility to maintain a positive attitude when challenging situations arise. Organizational procedures and policy knowledgeAbility to create and deliver impactful presentations to gain the support of the business stakeholders, senior and c-level executives, and the vendor community. In accordance with the Pay Transparency requirements, the following represents a good faith estimate of the compensation range for this position. At BJ's Wholesale Club, we carefully consider a wide range of non-discriminatory factors when determining salary. Actual salaries will vary depending on factors including but not limited to location, education, experience, and qualifications. The pay range for this position is starting from $109,000.00.