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Westborough

    Strategic Sourcing Manager - Westborough, United States - Sourcing Industry Group

    Sourcing Industry Group
    Sourcing Industry Group Westborough, United States

    1 week ago

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    Description

    Position Summary:


    As a Strategic Sourcing Manager for Indirect Procurement, you will be responsible for developing and implementing procurement strategies across various indirect categories such as IT, professional services, facilities management, and HR services.

    Your role will focus on optimizing spend, ensuring supplier performance, and driving value through strategic sourcing and supplier relationship management.

    You will work closely with internal stakeholders to understand their needs and align procurement strategies to meet business objectives.

    Responsibilities

    Strategy Development:

    Develop and implement comprehensive procurement strategies for assigned indirect categories to achieve cost savings, improve service levels, and ensure quality and compliance.


    Supplier Management:
    Manage supplier relationships, conduct negotiations, and secure contracts that deliver value across quality, service, and cost.

    Market Analysis:
    Conduct market analysis to understand trends, assess risks, and identify opportunities within the procurement landscape.

    Stakeholder Engagement:
    Collaborate with internal stakeholders to understand their needs, ensuring alignment of procurement strategies with business goals.

    Cost Savings:
    Identify and deliver cost savings and efficiency improvements through strategic sourcing, negotiation, and process optimization.

    Contract Management:
    Oversee the contract lifecycle from development to renewal, ensuring contracts deliver expected value and comply with company policies.

    Risk Management:
    Identify, assess, and mitigate risks associated with suppliers and procurement activities.

    Sustainability and Diversity:
    Incorporate sustainability and diversity objectives into procurement strategies, promoting responsible sourcing practices.

    Reporting and Analysis:
    Provide regular reports and analysis on category performance, savings achieved, and market intelligence.


    Working Relationships:
    External Vendors and Internal stakeholders across marketing, finance, IT, HR, etc

    Requirements


    Minimum Education:
    Bachelor's degree in Business, Supply Chain, Finance, or related field

    Preferred Education

    Master's degree

    Minimum Experience

    Minimum of 5 years of experience in procurement, with at least 3 years in a category management role focused on indirect procurement

    Licenses/Certifications


    Preferred Experience:
    Soft Skills

    Excellent oral and written communication skills

    Proficient in Microsoft Office Suite

    Strong negotiation and supplier management skills.

    Excellent analytical and strategic thinking abilities.

    Proven track record of delivering cost savings and process improvements.

    Strong project management and stakeholder engagement skills.

    Knowledge of procurement software and systems.

    Excellent communication and interpersonal skills.

    Ability to work independently and as part of a team.

    Additional Info


    Travel:
    Ability to travel independently 5%.


    Hours & Conditions:
    Monday – Friday 8 hour day in office setting


    Physical Requirements:


    Ability to maneuver and regularly lift and or move up to 10 pounds, frequently lift and/or move up to 25 pounds.

    #J-18808-Ljbffr
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