Sourcing Manager
Sourcing Manager
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Job Description
Overview
When you join Hines you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence earning us a spot on Fast Companys esteemed annual list of the Worlds Most Innovative Companies as well as recognition as one of U.S. News & World Reports Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.
Responsibilities
In this role which is part of the Americas Management Services Sourcing Platform Team the Sourcing Manager will primarily support the development and expansion of our strategic and national vendor partnerships. The position contributes to the success of the Sourcing Platform by negotiating contracts that support company goals deliver value and reduce our operating expenses. Near term the position will also support efforts to expand use of our SourcetoPay tool and assist with completing implementation of our new supplier screening and risk management program.
Note: This is an individual contributor role with no direct reports.
Lead development and expansion of our Strategic and National Partner (S&NP) programs including:
Reviewing spend data and performance input to vet existing vendors for participation in the programs
Doing market research and meeting with prospective vendors including emerging industry leaders to identify new candidates for the programs
Negotiating and executing contracts with vendors selected for either program and any identified as a result of a group (national or regional) RFP led by other members of the team that ensure quality of service lower operating costs and provide other benefits to our commercial property (PM) facility (FM) and multifamily (MF) management teams
Assisting PM FM and MF teams with completing subscriber joinders property or account specific contracts and/or subaccount set up with vendors in the program
Assisting with resolution of any serious issues arising related to vendors in the program
Growing Hines business with vendors in the program to maximize savings opportunities and ensure we achieve full value associated with volume based benefits
Provide sourcing/procurement support and services in other areas including:
Tracking and reporting savings for all completed agreements and initiatives
Guiding and advising management services personnel on procurement policies procedures opportunities and best practices
Assisting with remediation of any serious issues or risks arising with critical service vendors not in the S&NP program.
Creating and adding new content including training materials tools and templates to the platform teams document and resource library
Assisting with thirdparty pricing validation and other sourcing/procurement support needs associated with PM or FM business development efforts
- Assisting with vendor data validation training and transition of legacy vendors to the new supplier screening program
Qualifications
Minimum Requirements include:
- Bachelors degree from an accredited institution or equivalent years of direct experience required
- Advanced sourcing or procurement training and/or certification desired
- Five or more years of experience in sourcing/procurement preferably in the commercial real estate industry
Three or more years of experience managing and/or negotiating contract terms conditions scope and pricing for complex services such as janitorial landscaping HVAC elevator security FLS or electrical maintenance/repair
Experience managing multiple sourcing/procurement projects or tasks simultaneously
Experience identifying and proactively remediating supplier risks and issues
Prior experience with Coupa Source to Pay and/or GRMS/Veritas (Risk Management vendor & tool)
Indepth knowledge of financial terms and principles including the ability to effectively analyze complex reports and data to accurately compare costs identify savings opportunities and spend anomalies
Knowledge of contract law and ability to independently negotiate common terms and conditions
Excellent written and verbal communication skills
Selfmotivated with excellent organizational skills and ability to perform duties on schedule with minimal supervision
Ability to manage sensitive and confidential information appropriately and with a high level of discretion
Travel as needed 510 (typically not more than once per quarter)
Work indoors approximately 90 of the time and outdoors 10 of the time
Flexible work hours due to servicing internal customers and suppliers spanning multiple US time zones. More than 40 hour work weeks will occasionally be necessary to support business needs.
- Compensation: Chicago $96500 $137900; Houston Raleigh and Atlanta will be determined based on experience
Closing
At Hines we strive for excellence as a leading global real estate investment manager driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion of assets across such property types as living office retail mixeduse logistics and life science projects all designed to enhance value connection and inspiration. Our strategic approach integrates local expertise with global knowledge taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients needs.
While our projects are renowned for enhancing cities and pioneering sustainable practices we recognize that the true driving force behind Hines success is our 5000 dedicated employees in 30 countries who draw on our 65year history to build the world forward. This is why we prioritize investing in our people offering comprehensive training competitive compensation robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team we cultivate an inclusive environment where everyone including our clients can thrive.
Hines is proud to be named to Fast Companys prestigious annual list of the Worlds Most Innovative Companies for 2024. Includes both the global Hines organization and RIA AUM as of December 31 2023.
We are an equal opportunity employer and support workforce diversity.
No calls or emails from third parties at this time please.
Required Experience:
Manager
Employment Type
Unclear
