Develops short-term and long-term category specific strategies for reducing costs and meeting financial expectation, while managing vendor relationships.
Executes category sourcing strategies including development and execution of RFI’s and RFP’s, documents bid events through correspondence to suppliers; develops selection criteria and drives the selection and approval process of suppliers in collaboration with cross-functional teams; conducts supplier negotiations and ongoing supplier management. Develop negotiation strategies, gain alignment from stakeholders, lead cross-functional, category-based negotiation teams, and implementing appropriate supplier risk analysis.
Interacts with relevant stakeholders to develop, engage and lead supplier relationships for extracting the greatest value in supplier quality, total cost effectiveness, enhanced service levels, risk management, sustainability, and innovation. Manage the ongoing performance of CAPEX suppliers including performance against the SLAs and suppliers’ evaluations, audits and qualification.
Drives consolidation of spend and seek out synergies across Business Units where applicable, by forming and leading cross-functional strategic sourcing teams to develop and implement category/commodity strategies and to drive cost from individual spend sub-categories consults with Sr. Management, and other subject matter experts to develop alternative solutions; advises on options, risks, total cost of ownership, and business impacts.
Manage contracts, contract negotiation, and contractual dispute resolutions. Pre-negotiate and incorporate terms, conditions, key performance indicators, and service level metrics into vendor contracts.
Effectively document, communicate, and gain buy-in for the strategies from local executive leadership, and global procurement organization. Prepare vendor recommendations for decision-making.
Actively seeks ways to streamline business processes; researches and provides information
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Retail Business Units
Retail Business Units>
Job Overview
Monthly Salary Range
Unspecified
Gender
Male/Female
Career Level
Executive
Industry
Retail
Experience
5-10 Years
Qualification
Bachelors
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