Senior Sourcing Manager

📋 Description

• • Lead all phases of strategic sourcing for assigned initiatives, deals, and agreements, ensuring alignment with company objectives and industry best practices
• • Negotiate supplier contracts to secure optimal cost structures, service guarantees, and sustainable supplier relationships that deliver win-win outcomes
• • Evaluate supplier core competencies and competitive positioning using industry cost models and market intelligence to inform sourcing decisions
• • Develop and implement supplier agreements in collaboration with cross-functional stakeholders including legal, finance, operations, IT, and HR
• • Research and anticipate shifts in supplier negotiating power within assigned categories to proactively mitigate risks and capitalize on market opportunities
• • Monitor and analyze industry trends and emerging technologies to enhance supply chain resilience and identify innovation-driven savings
• • Provide input into vendor selection processes and build long-term relationships through trade shows, supplier meetings, and industry conferences
• • Support short-term and long-range business planning and budget development aligned with strategic goals and financial targets
• • Administer vendor governance programs by defining performance metrics, setting improvement goals, and tracking supplier performance against KPIs
• • Ensure strict compliance with company sourcing policies, procedures, and legal requirements across all contractual and operational activities
• • Identify and address value leakage within key supplier agreements to protect procurement savings and optimize spend
• • Deliver cost savings and continuous improvement initiatives through data-driven analysis of cost drivers and challenging traditional sourcing approaches
• • Manage and mentor a team of direct reports, including recruitment, training, coaching, performance reviews, and professional development
• • Support global sourcing initiatives by collaborating with matrixed teams, including offshore analyst teams and international outsourced providers
• • Forecast future demand, contract renewals, and service expansions based on vendor lead times and business growth projections
• • Utilize advanced MS Office and Excel skills to analyze spending patterns, model financial scenarios, and generate actionable insights
• • Present findings and strategic recommendations to mid-level and senior executive leadership across internal functions and supplier organizations
• • Apply legal terminology and contract language effectively in third-party agreements to protect organizational interests
• • Drive supplier diversity initiatives and ensure inclusive vendor selection practices across all sourcing activities
• • Leverage sourcing and supplier management concepts to optimize assigned categories and elevate overall procurement efficiency
• • Execute projects that deliver cost optimization, service improvement, and stakeholder alignment while adhering to timelines and budget constraints
• • Utilize ServiceNow and Apttus platforms to manage sourcing workflows, contracts, and supplier data (preferred)
• • Maintain oversight of the outsourcing portfolio and opportunity catalog to ensure comprehensive visibility and control over outsourced functions