Compass

SR. SOURCING MANAGER

Compass$90K — $120K *
Food & Beverages
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience required.
  • 5+ years experience in Procurement/Supply Chain/Sourcing role with proven management results.
  • Effective written and verbal communication skills.
  • Project management experience with the ability to handle multiple priorities.
  • Strong analytical skills for working with large data sets.
  • Demonstrated critical thinking and proficiency in managing budgets/P&L.
  • Strong relationship-building skills with internal stakeholders.

Responsibilities

  • Leads negotiation and contract management for large-scale volume purchase agreements.
  • Manages projects from strategic planning through implementation.
  • Collaborates with Category Development experts to gain insights on products.
  • Strategizes with stakeholders to align solutions with organizational needs.
  • Facilitates cross-functional teams to define supplier requirements.
  • Conducts supplier selection processes through RFP, RFQ, and RFI.
  • Evaluates potential supplier financial stability.
  • Focuses on total cost of ownership through detailed business analysis.
  • Identifies and drives cost-saving opportunities within sourcing activities.
  • Maintains accurate contract and sourcing data in management systems.

Benefits

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Life Insurance/AD
  • Disability Insurance
  • Retirement Plan
  • Paid Time Off
  • Paid Parental Leave
  • Holiday Time Off
  • Personal Leave
  • Associate Shopping Program
  • Health and Wellness Programs
  • Discount Marketplace
  • Identity Theft Protection
  • Pet Insurance
  • Commuter Benefits
  • Employee Assistance Program
  • Flexible Spending Accounts (FSAs)
Full Job Description
Job Summary:

The primary duty of this position is to support the development and execution of sourcing category strategies and understand the business/company requirements to maximize value and partner with business stakeholders. This also includes executing the end-to-end sourcing process of creating and managing category strategies, spend and market analysis, running RFx's, negotiating contracts and pricing, and supplier management. This role has sourcing and vendor management experience to operate at all levels of the organization and has the ability to learn to move from strategic to tactical to provide insights based upon market conditions and trends, investigate innovative methods to optimize value from goods and service providers, improve the decision-making process, and increase the flow of information.

Responsibilities:

  • Leads the negotiation and contract management of large-scale, enterprise-wide volume purchase agreements with guidance.
  • Demonstrates project management expertise with the ability to carry projects from strategic planning through implementation.
  • Partners with Category Development subject matter experts across multiple product categories to gain additional insights and advanced knowledge of products.
  • Proactively strategizes with business and other stakeholders to understand the needs of the organization to deliver solutions.
  • Leads and participates on cross functional teams to develop meaningful requirements to ensure quality responses from suppliers.
  • Researches and develops adequate sources of supply. Utilizes supply market knowledge to leverage best strategy for company; Leads cross functional supplier selection activities through management of formal RFP, RFQ and RFI processes.
  • Evaluates the financial stability of potential suppliers.
  • Performs required business analysis with a strategic focus on total cost of ownership.
  • Continuously seeks out cost savings opportunities and lead efforts to realize the savings.
  • Maintain accurate records and data within the contract management system and other related sourcing tools.
  • Participates in the development of a strategic sourcing strategy based on an understanding of business goals and objectives, the supply market and benchmarking. Effectively documents, communicates and gains buy-in across the organization to ensure alignment.
  • Develops & refines the procurement processes to minimize efforts and maximize benefits through compliance & specification controls.


Qualifications:

  • Bachelor's degree or equivalent work experience required.
  • 5+ years proven management experience in Procurement/ Supply Chain/ Sourcing role with a track record of solid management behavior and results.
  • Effective written & verbal communication skills
  • Project Management skills / experience
  • Ability to manage multiple priorities among cross-functional teams.
  • Proven customer focus orientation
  • Proven advanced & methodical analytical skills using large data sets.
  • Demonstration of critical thinking, ability to draw conclusions from financial models of various data sources and make recommendations from large and small data sets across the business at all levels.
  • Proven experience in managing a P&L or budget.
  • Strong internal stakeholder management skills - capacity to listen, build trusting relationships in all levels of the organization, understand, and capture stakeholder's needs and deliver effective solutions.
  • Advanced Microsoft & Word proficiency
  • Up to 10% Travel Annually

Apply to Foodbuy today!

Foodbuy is a member of Compass Group USA

Click here to Learn More about the Compass Story

Associates at Foodbuy are offered many fantastic benefits.
  • Medical
  • Dental
  • Vision
  • Life Insurance/ AD
  • Disability Insurance
  • Retirement Plan
  • Paid Time Off
  • Paid Parental Leave
  • Holiday Time Off (varies by site/state)
  • Personal Leave
  • Associate Shopping Program
  • Health and Wellness Programs
  • Discount Marketplace
  • Identity Theft Protection
  • Pet Insurance
  • Commuter Benefits
  • Employee Assistance Program
  • Flexible Spending Accounts (FSAs)

Associates may also be eligible for paid and/or unpaid time off benefits in accordance with applicable federal, state, and local laws. For positions in Washington State, Maryland, or to be performed Remotely, click here or copy/paste the link below for paid time off benefits information.

https://www.compass-usa.com/wp-content/uploads/2023/08/2023_WageTransparency_CorpAndFoodbuy.pdf

Req ID:

Foodbuy

Margaret Lovette

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About Compass

Compass is a real estate technology company that provides an online platform for buying, selling, and renting real estate properties. The company was founded in 2012 by Ori Allon and Robert Reffkin and is headquartered in New York City. Compass has raised over $1.5 billion in funding and has expanded to over 350 offices in the United States, Canada, and Europe. The company's platform uses artificial intelligence and machine learning to help real estate agents better serve their clients and streamline the buying and selling process. Compass has been recognized as one of the fastest-growing real estate companies in the world and has received numerous awards for its innovative technology and exceptional customer service.
Learn more about Compass
Size
19,000 employees
Market Cap
$910.4 million
Industry
Founded
1941
5 Year Trend
+102.9%
NASDAQ

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