Senior Sourcing Manager, Procurement
About the position This Senior Sourcing Manager, Procurement is responsible for the end-to-end procurement process within areas of assigned responsibility. This includes sourcing, negotiations, contract lifecycle management, cost savings initiatives, and purchase order management while ensuring compliance with company policies and procedures. This position will commit approximately 10% of time to support contract administrative activities.
Responsibilities
- Execute procurement activities in supporting company goals and objectives
- Responsible for contract and purchase order lifecycle – track and manage contracts, purchase orders, RFPs, RFQs, Supplier onboarding, etc.
- Negotiate or renegotiate business terms in contracts, including pricing with vendors, to deliver greatest value to the Company
- Complete opportunity assessments for cost savings, streamlined vendor utilization
- Identify potential vendors with knowledge of vendor utilization across departments and coordinate due diligence activities across the Company as needed.
- Collaborate with cross-functional teams among business stakeholders, legal, information security, vendor risk management and finance functions
- Adhere to company risk management/control framework
- Support execution of procurement activities within Ariba Contract and Procurement modules as needed: contract workspace management and purchase order creation and release
Requirements
- Bachelor’s degree; equivalent education and experience will be considered
- Minimum of 10 years of work experience in purchasing field
- Experience administering and overseeing full end-to-end Source to Pay function – Contract Management, Purchasing & Invoicing
- Demonstrate effective communication, influencing and problem-solving skills
- Highly organized, detail oriented, and ability to multi-task
Nice-to-haves
- Purchasing experience in technology and financial services
- MBA degree, Six Sigma training a plus
- Knowledge and prior use of Ariba Contract Management and Procure-to-Pay system
- Successful track record in a hybrid procurement model
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