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    Strategic Sourcing Manager - Westborough, United States - cumberlandfarmsinc

    cumberlandfarmsinc
    cumberlandfarmsinc Westborough, United States

    2 weeks ago

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    Description

    Position Summary:

    We are seeking a seasoned Strategic Sourcing Manager Merchandising to join our procurement team. This pivotal role is responsible for developing and executing strategic sourcing strategies for merchandise categories to maximize value, minimize risks, and ensure quality and cost-effectiveness in our supply chain. The ideal candidate will bring a proactive approach to vendor management, contract negotiation, and supply chain optimization to support our business objectives.

    Responsibilities:

    1. Develop and implement effective procurement strategies for merchandise categories, aligning with the company's business goals and financial objectives.

    2. Conduct market research and analysis to identify and onboard reliable suppliers and vendors, ensuring competitive pricing, quality, and delivery terms.

    3. Negotiate contracts and terms with suppliers to achieve favorable conditions and cost savings while maintaining quality and service standards.

    4. Collaborate with cross-functional teams, including merchandising, finance, and logistics, to negotiate ideal business terms that will maximize margin while focusing on working capital reduction.

    5. Monitor supplier performance, conducting regular reviews and assessments to ensure compliance with contractual obligations and performance metrics.

    6. Identify and mitigate risks within the supply chain, implementing contingency plans to address potential supply disruptions.

    7. Stay abreast of industry trends, market conditions, and technological advancements to drive continuous improvement in procurement processes and strategies.

    8. Drive sustainability and corporate social responsibility initiatives within the procurement process, promoting ethical sourcing and environmental stewardship.

    Working Relationships:

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

    Minimum Education:

    Bachelors degree in Business, Supply Chain Management, or related field

    Preferred Education:

    Masters degree preferred

    Minimum Experience:

    Minimum of 5 years of experience in procurement or supply chain management, with a focus on merchandise categories.

    Preferred Experience:

    Licenses/Certifications:

    Soft Skills:

    • Excellent oral and written communication skills
    • Proficient in Microsoft Office Suite
    • Strong negotiation skills and experience in contract management.
    • Proficient in procurement software and supply chain management tools.
    • Excellent analytical and strategic thinking skills, with the ability to manage budgets and forecast procurement needs.
    • Outstanding communication and interpersonal skills, with the ability to work effectively across all levels of the organization.
    • Proven ability to manage multiple projects and priorities in a fast-paced, dynamic environment.

    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.

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