Manager, Strategic Sourcing

Macys   •  

Springdale, OH

Industry: Retail / Diversified


5 - 7 years

Posted 334 days ago

You’ll explore new business opportunities and partner with our most critical lines of business to find new ways to increase customer loyalty, drive sales growth, and improve the customer experience.
Jobs Overview:
The Strategic Procurement team at Macy’s is responsible for collaboratively developing and implementing non-merchandise spend management strategies in support of Macy’s Inc.’s overall corporate strategy and the company’s focus on ongoing profit improvement. The Strategic Procurement is responsible for sourcing, procurement, vendor diversity, spend analytics, and travel management. Specifically, the sourcing team’s responsibilities include strategy and scoping, sourcing, negotiation, contracting, implementation, savings tracking, and vendor management. Evolution of the Strategic Procurement capability is a priority for Macy’s and we continue to seek top talent in support of this objective.

Responsible for conducting spend analysis, analyzing supply markets, identifying sourcing value levers, executing competitive RFI’s/RFPs and leading supplier negotiations. Leverages eSourcing technology platforms where appropriate. Develops and executes implementation plans to ensure sourcing benefits are fully realized. Builds and maintains strong relationships with key stakeholders within the divisions and corporate functions. Supports savings tracking processes and participates in special infrastructure-building projects as needed.

Essential Functions:

Manages strategic sourcing initiatives, following a 7-step sourcing methodology
Provides rigorous analysis of spend data and industry dynamics to prioritize and launch sourcing initiatives
Gathers stakeholder and subject-matter expertise/insights and business requirements to ensure sourcing solutions meet business needs
Prepares and presents business cases and should-cost models
Identifies and pursues process re-engineering, value engineering, and demand management opportunities to increase efficiencies
Manages the planning and launch of RFIs and RFPs
Performs complex data analysis and build financial models (i.e. ROI, NPV, supplier scorecards, savings tracking, make vs. buy decision models)
Contributes to negotiation strategy development and negotiation execution
Manages supplier selection process and provides data to ensure informed selection decisions
Establishes contract terms and conditions and coordinates with legal to execute optimal contracts with suppliers. Develops qualified, competitive sources of supply on a continuing basis through comprehensive financial and market review
Assists in managing supplier relationships, tracking supplier performance, and
communicating performance feedback to suppliers
Develops implementation and transition plans and supports change management initiatives
Builds relationships with key stakeholders and develops business cases for new spend management opportunities
Works closely with operational buyers for the assigned category to ensure consistency in buying strategy
Implements and drives procurement strategy, policies and procedures

Required Skills & Experience:

Excellent analytical, problem solving, and project management skills
Meeting facilitation and presentation skills
Knowledge of financial accounting, strategic sourcing, and supplier management concepts
Ability to develop relationships with key Business Partners
Retail / CPG experience preferred
Experience sourcing a variety of Categories/Materials including any of the following:
Marketing, Direct Mail, Print
Professional Services/HR/Finance
Temp Labor
Logistics (Small Parcel, Ocean / Air/ Ground freight, etc.)
Information Technology (Hardware, Software, Peripherals, E-Commerce)
Knowledge of Supplier Management tools (SRM, conducting Quarterly Business Reviews, etc.)
Proficient in MS Office Suite
Technology-savvy to leverage eProcurement and eSourcing tools including but not limited to: SAP, Ariba, Spend Analysis tools.
Ability to perform in a fast-paced, goal-oriented, and time-sensitive environment
Ability to lead and influence change in the face of complexity and ambiguity

Minimum Educational Level:

Bachelor’s degree in supply chain, business administration, logistics, finance, engineering or related discipline.
MBA or Master’s degree a plus.
CPM, CIRM or CPIM certification a plus

Minimum Experience:

Five plus years professional experience in Strategic Sourcing, operations or general management consulting, logistics or supply chain
Experience in a dynamic organization with experience and exposure in advanced sourcing strategies