Strategic Sourcing Senior Manager

Skip to main contentSign InStrategic Sourcing Senior Manager page is loadedStrategic Sourcing Senior ManagerApplylocationsBoston, MAtime typeFull timeposted onPosted 30+ Days Agojob requisition idREQ-28662Job DescriptionGeneral Summary:The Strategic Sourcing Senior Manager will lead Category Management activities including development and execution of Sourcing Strategies, often in complex spend areas, as well as RFx development, competitive bid analysis, contract development and negotiation planning, and strategic supplier on-going management for specific spend category(ies). This role will leverage market research to obtain benchmarking data, as necessary, to support Category management and the development of strategic sourcing strategies and initiatives. He/she will interface closely with Business Partners to understand business priorities and needs, and in turn, define specific initiatives to support the business. This role will also support the optimization of internal sourcing processes, workflows and interfaces in effort to reduce time of delivery and costs in support corporate objectives and industry best practices. Key Duties and Responsibilities:Leads Category Management for specific complex category areas including the development of sourcing strategies, management of strategic supplier relationship and performance management, in addition to tactical RFx activities.Uses applicable e-Sourcing tools to support sourcing activities and analysisDrives the development and implementation of sourcing strategies as well as cost reduction initiatives.Performs market research to support Category strategies and/or sourcing activities with the ability to filter data into a relevant, actionable format.Manages the Supplier Performance/Relationship Management process that may include Executive Business Reviews that include Senior leaders both within Vertex and with the 3rd party. Responsible for meeting preparation, pre-read documents, capturing action items, and ensuring appropriate follow-up. This would also include ensuring Supplier Performance Dashboards are completed in advance of such meetings.Supports the Business Owner with identification of all applicable risks as part of the Sourcing process, including coordination with Risk Subject Matter Experts to properly assess and develop mitigation plans, where necessary.Effectively manages the entire RFx process including, but not limited to, the development of the requirements, drafting RFP documents, facilitation of team meetings and vendor sessions, negotiation of terms and pricing with the vendors, and ultimately supporting the execution of Supplier Agreements.Develops annual cost savings targets, in collaboration with Business Partners and Finance, within their specific category(ies).Manages complex negotiations on price and terms, that often include other internal stakeholders such as Business Partners and LegalCreates comprehensive negotiation planners that all internal parties are aligned with upfront.Acts as mentor to support junior-level Sourcing colleagues, temporary workers, and/or college co-ops, as directed by their Manager.Knowledge and Skills:Deep understanding of Category Management within specific areas of expertise; able to manage and drive all aspects of Strategic Sourcing including RFx execution, negotiation, contract execution, supplier performance management, and business stakeholder management.Viewed as resource within their category(ies) by Business Partners; able to bring new ideas and information that create tangible value to business.Proficient in Microsoft Office, strong knowledge of ERP systems, and related e-Sourcing tools, including business intelligence and reporting platforms.Expertise in complex supplier negotiations and supplier management activities.Strong analytical capabilities (data analysis and benchmarking research) as well as PowerPoint skills; expertise working with data analytical/reporting tools such as Power BI, Tableau, etc. Able to...