The Home Depot

Strategic Sourcing Manager

The Home Depot$90K — $120K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of relevant sourcing experience, ideally in Transportation and Supply Chain categories.
  • Strong analytical and strategic thinking abilities.
  • Proficient in Excel and PowerPoint for data analysis and presentations.
  • Excellent verbal and written communication skills.
  • Experience in developing vendor strategies and conducting spend analysis.

Responsibilities

  • Negotiate pricing and terms for products and services in the assigned category.
  • Develop strategic sourcing plans and streamline cross-functional processes.
  • Initiate and maintain quality vendor relationships to meet sourcing needs.
  • Evaluate vendor performance and terminate relationships as necessary.
  • Manage product and service sourcing decisions in collaboration with stores and functional areas.
  • Oversee the transition of deals to purchasing operations for order fulfillments.
  • Source and assess qualified vendors to meet product quality and delivery requirements.

Benefits

  • Collaborative work environment across multiple functions.
  • Limited travel requirements (less than 10%).
  • Opportunity to influence and improve sourcing processes.
  • Engagement in high-level strategic projects.
  • Skills development through complex data analysis and vendor relationship management.
Full Job Description
Position Purpose:

The Manager of Sourcing will be responsible for developing, executing, and managing sourcing initiatives (lead RFP events, conduct cost optimization projects, and identify cost savings initiatives) across various International, Domestic and Final Mile Transportation modes and in-direct store merchandising categories.

Competencies:
  • High level of strategic and analytical thinking, project management and organizational skills.
  • Strong communication skills, both oral and written.
  • Ability to define vendor strategy at category level, establish vendor relationship guidelines and expectations. Make decision whether to maintain, exit or source new vendors.
  • Ability to perform spend analysis and develop a sourcing roadmap focused on cost savings, risk reduction, process improvement, and new that opportunities
  • Provide insights and recommendations based on analysis, research, industry trends, benchmarking, and best practices.
  • Ability to prioritize and execute work with urgency to support business-critical timelines and deliverables.
  • Ability to operate in ambiguous environments which require independent thinking; leveraging market intelligence, benchmarking, and best practices to guide decisions.
  • Excellent Excel and PowerPoint skills, including the ability to analyze complex data and provide useful, clear information and recommendations.


Key Responsibilities:
  • 25% Negotiate for products and services within the assigned product category ensuring the lowest possible price.
  • 25% Develop and execute strategic sourcing plans to assigned categories. Work cross functionally to improve and streamline processes.
  • Initiate quality vendor relationships to support new and ongoing product and services sourcing needs.
  • 5% Evaluate vendor relationships and terminate if necessary.
  • 20% Work with stores and functional areas to best determine products and services to be sourced. Manage the vendor and resolve issues regarding product quality, delivery, etc.
  • 5% Work with purchasing operations to ensure orderly transition from initial deal to ongoing purchasing of products and services. Ensure accuracy and delivery of orders so that clients for the product group are able to complete projects and meet the Company's needs.
  • 10% Source qualified vendors to Sourcing who can meet purchase needs in terms of product quality, quantity, and delivery date.
  • 10% Identify and qualify vendors to provide product and services to Home Depot. Conduct research to assess vendor capabilities and product information as they relate to company needs.


Direct Manager/Direct Reports:
  • Typically reports to a sr manager position
  • Typically requires working collaboratively across multiple functions
  • Typically requires highly developed interpersonal skills for dealing with sensitive or controversial situations.
  • Typically faces situations that are unstructured and require original approaches.
  • Typically considers new approaches within general policies and short-term goals when solving problems.
  • Typically expected to provide infrequent status reports to management only as appropriate.


Travel Requirements:
  • Typically requires overnight travel less than 10% of the time.


Physical Requirements:
  • Most of the time is spent sitting or standing in the same location or there may be a need to stoop regularly or move/lift light material or equipment (typically less than 8 pounds).


Working Conditions:
  • Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.


Minimum Qualifications:
  • Must be eighteen years of age or older.
  • Must be legally permitted to work in the United States.


Preferred Qualifications:
  • Strong problem-solving and critical thinking skills
  • Experience in process implementation and required internal controls
  • Ability to translate complex data into actionable insights
  • Strong understanding of strategic sourcing process
  • Experience with financial analysis
  • Experience working with large datasets and sourcing tools
  • Experience sourcing Transportation and Supply Chain categoriesthe


Minimum Education:
  • The knowledge, skills and abilities typically acquired through the completion of a high school diploma and/or GED.


Preferred Education:
  • No additional education


Minimum Years of Work Experience:
  • 5


Preferred Years of Work Experience:
  • No additional years of experience


Minimum Leadership Experience:
  • None


Preferred Leadership Experience:
  • None


Certifications:
  • None


Competencies:
  • Negotiation Skills - able to negotiate in adversarial situations to arrive at the best deal in terms of cost and quality to meet sourcing needs.
  • Product Knowledge - a thorough understanding of the product category to which he/she is assigned.
  • Strong presentation and communication skills.

About The Home Depot

The Home Depot is a home improvement retailing company that combines its physical stores with an online presence to provide customers with innovative products at great value. The company specializes in the fields of retail, home improvement, and customer service. The Home Depot was founded in 1978 and is headquartered in Atlanta, Georgia.

The Home Depot Careers

Join the vibrant team at The Home Depot, the largest home improvement retailer in the U.S., where your career can flourish in an environment ripe with opportunities for growth and innovation. As a market leader, The Home Depot offers a variety of job opportunities that allow professionals to thrive in a culture that values leadership, diversity, and professional development. Work You’ll Do At The Home Depot, you’ll be part of a team that’s committed to helping homeowners, builders, and do-it-yourselfers bring their visions to life. Our extensive range of job opportunities spans from store operations to supply chain management, from IT to marketing. No matter where you start, you’ll be doing work that matters, impacting our customers' lives and experiences. Transform Your Career Step into a role within The Home Depot and join a network of over 400,000 associates who are as passionate about building their careers as they are about helping our customers. Leadership at The Home Depot means continuous improvement, embracing diversity, and fostering a culture of inclusion and respect that makes us stronger. Innovate with Us Innovation isn’t just a buzzword at The Home Depot; it’s the backbone of how we do business. We are constantly seeking out new technologies and tools to improve every aspect of our operations, from logistics to customer service. Join us, and bring your unique perspective and skills to a team that’s setting the standard for excellence in the retail industry. Grow and Develop The Home Depot is committed to the growth and development of its associates through robust training programs, leadership workshops, and opportunities for advancement. Whether you’re looking for a part-time position or a full-time career, The Home Depot nurtures your professional growth every step of the way. Internship Programs Dive into the professional world through The Home Depot’s internship programs, which offer a dynamic environment to gain hands-on experience and develop critical skills in various business areas. Our internships provide a platform to connect with leaders and peers, enhancing your resume and preparing you for future employment. Benefits and Culture Choosing to start your career at The Home Depot means more than just securing a job. It means you gain access to unparalleled benefits that support your life and well-being, from health insurance to educational assistance. Our commitment to employees is reflected in our open, supportive culture where everyone’s voice is heard, and every team member’s contribution is valued. Join Our Team Ready to take the next step in your career? Explore the wide range of positions available at The Home Depot, where we’re hiring passionate, curious, and innovative team players. Search open positions that match your skills and interests on our Jobs page. Stay Connected Keep up to date with the latest career tips, company news, and industry insights—all from the people who work here. Subscribe to our Careers Blog and personalize your subscription to receive updates that align with your career interests and goals. At The Home Depot, we don’t just offer jobs—we offer careers that make a difference. Join us, and be a part of something bigger as we continue to invest in your future and our shared success.
Learn more about The Home Depot
Size
490,600 employees
Market Cap
$323 billion
Industry
Net Income
$12.8 billion
Founded
1978
5 Year Trend
+9.8%
Revenue
$132.1 billion
NASDAQ

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