Strategic Sourcing Manager / Indirect Services
Strategic Sourcing Manager / Indirect Services
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Salary Not Disclosed
1 Vacancy
Job Description
With more than 13000 stores in the U.S. and 84000 stores globally it is no wonder 7-Eleven Inc. has been named an iconic brand. In addition to 7-Eleven stores 7-Eleven Inc. also operates and franchises Speedway Stripes Laredo Taco Company and Raise the Roost locations.
Since inventing the convenience industry in 1927 7-Eleven has built a rich 96-year history filled with beloved products like Slurpee Big Gulp and Big Bite and fan-favorite holidays like Slurpee Day and Bring Your Own Cup Day.
Now 7-Eleven is on a mission to contemporize the brand and redefine convenience and we need your help.
JOB SUMMARY
The Strategic Sourcing Manager is an experienced sourcing professional that oversees all sourcing/procurement related activities and processes associated with the acquisition of Indirect Services for the Store Support Center including Finance/Tax Accounting Treasury HR Legal and Licensing departments. This includes requirements gathering creating and issuing Request for Proposal (RFP) proposal evaluation contract negotiations process oversight contract drafting and administration. The Sourcing Manager defines sourcing/procurement strategies using a structured sourcing approach leveraging data-driven business insights to support sourcing decisions that will result in significant savings for the company. This role is responsible for developing and implementing procurement best practices developing sourcing strategies managing contract life cycle and building supplier relationships in support of 7-Elevens key initiatives and growth strategy.
KEY DUTIES AND RESPONSIBILITES
- Work collaboratively with leadership and stakeholders to understand business needs within category and define specifications and requirements.
- Use data and analysis to develop business insights. Work cross functionally to facilitate decisions and develop sourcing/procurement strategies to mitigate risk improve performance and cost for designated categories and/or programs.
- Identify suppliers and execute sourcing events like competitive RFx events analyze results and develop the sourcing negotiation strategy.
- Negotiate contracts with suppliers to source/procure products or services needed for categories to optimize spend reduce risk achieve favorable terms and drive towards optimized total-cost-of-ownership.
- Build and maintain strong relationships with stakeholders contractors and suppliers to ensure effective execution and implementation and prompt resolution of any issues that may arise.
- Stay apprised of market trends and technology advancements to effectively evaluate the impact of external factors on contractor/supplier performance and the procurement of products.
- Prepare reports and provide presentations to communicate findings and recommendations to leadership and stakeholders.
- Support supplier business reviews governance committees and category strategy meetings
- Identify/interview potential suppliers and determine if supplier is qualified to produce and/or supply products or services. Includes a review of suppliers capabilities ability to meet deadlines maintain quality standards and financial background. Stay up to date on market trends and industry developments.
- Recommend high impact projects for existing and emerging products and services that drive meaningful results: reduce cost and risk and improve quality.
- Provides general product and services management support to internal business stakeholders. Work with suppliers and cross functional teams during testing of the products or services. Coordinates and communicates company recommendations and revisions for the product or service.
- Participate in the advancement of corporate sustainability programs through sourcing.
- Manage direct reports providing mentoring and development.
KEY LEADERSHIP COMPETENCIES
- Ability to work independently providing guidance to direct reports and collaborating with stakeholders
- Strong leadership organization coaching and influencing skills
- Strong interpersonal skills with the ability to communicate effectively at all levels; including executive leadership stakeholders and external contractors / suppliers.
- Manage a team of sourcing professionals in the execution of sourcing strategy
- Ability to create the case for change and help drive and manage the change with internal and external stakeholders. Ability to solve problems by assessing the situation leveraging and analyzing relevant data identifying root cause and developing potential solutions.
- Makes informed decisions demonstrates initiative and acts with autonomy to execute initiatives.
- High level of agility and adaptability; ability to quickly learn details of new business challenges and identify dependencies and impacts of other key initiatives.
- Manage collaboration and communication with other teams both internal and external to ensure teams have what they need and can work efficiently.
- Drives results and establishes metrics to monitor track and report sourcing project progress.
EDUCATION AND EXPERIENCE
EDUCATION: Bachelors degree (or equivalent experience) strongly preferred.
YEARS OF RELEVANT WORK EXPERIENCE:Minimum of 5 years required
YEARS OF MANAGEMENT EXPERIENCE: 3 years preferred
SPECIFIC KNOWLEDGE AND SKILLS
- Ability to develop bid analysis and cost models to provide business insights and facilitate informed decision making to develop and implement strategic sourcing/procurement strategies and execution plans.
- Supervisory experience a plus
- Experience leading sourcing/procurement teams to develop category plans and sourcing strategies execute RFx events and conduct complex contract negotiations strongly preferred
- Demonstrated successful contract and agreement negotiation experience managing the entire RFQ/RFP process including development of negotiating plans and strategies is strongly preferred.
- Experience and background in procuring indirect services such professional services contingent labor services recruiting services financial services training or audit services strongly preferred.
- Proficient with MS Office suite - advanced skills in MS Excel Outlook and Powerpoint.
If an hourly or salary range is included in this ad it represents the range 7-Eleven in good faith believes is the range of compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in this state. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned vested and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus commission long-term incentive compensation benefits or any other form of compensation and benefits that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.
For a general description of all benefits 7-Eleven is offering in the US for the position please visit this link.
Required Experience:
Manager
Employment Type
Full-Time
