The Marketing Store Worldwide

Strategic Sourcing Manager

The Marketing Store Worldwide$110K — $120K *
Food & Beverages
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years of experience in supply chain and procurement, preferably in foodservice/QSR.
  • Collaborative team player adept at problem-solving in a cross-functional context.
  • Skilled at influencing decisions across a matrix organization at all levels.
  • Experienced in executing RFP/RFQs with measurable impacts on cost and supply chain resiliency.
  • Strong analytical skills to identify trends and inform sourcing decisions.
  • Effective negotiator with a background in contract management.
  • Proficient in risk management and developing contingency plans.

Responsibilities

  • Develop and implement sourcing strategies for packaging product categories.
  • Lead the end-to-end sourcing process including supplier selection and contract negotiations.
  • Collaborate with cross-functional teams to drive cost savings and continuous improvement.
  • Monitor and manage supplier performance through KPIs and regular reviews.
  • Assess and onboard new suppliers to achieve product goals.
  • Identify and mitigate supply chain risks, implementing contingency plans as necessary.
  • Stay current on industry trends to drive continuous improvement in sourcing.

Benefits

  • Generous medical, dental, and vision plans.
  • Paid parental and medical leave programs.
  • 401(k) with company match and profit sharing.
  • 15 days of paid time off plus holidays.
  • Hybrid work model for flexibility.
  • Tuition reimbursement and student loan repayment assistance.
  • Inclusive employee resource groups for community support.
Full Job Description
As aStrategic Sourcing Manager,you will be responsible for developing, leading, and executing supplier sourcing strategies for specific packaging product categories. This role will own and lead the commercial supplier decisions and manage key supplier relationships, including performance management, escalation for supplier resolution, contractual negotiations and SSR/RFP/RFQ management. You will collaborate closely with other cross-functional teams within tms Supply Chain, such as Packaging Development, Quality, Product Stewardship, Account Management, Finance, etc. to execute initiatives that support innovation, sustainability, legislative, and cost savings objectives. You will also work to track our processes, measure performance against our plans, and continuously improve our execution of this discipline. WHAT YOU WILL BRING TO THE ORGANIZATION 34; Develop and implement sourcing strategies for specific product types in support of overall category needs. Develop multi-year roadmap for product, cost, and capacity shifts. Example product types include folding cartons, wraps, carry-out bags, cups, lids, napkins, cutlery, and straws. 34; Technologies include, extrusion, thermoforming, injection molding, molded fiber, corrugating, flexo/gravure/digital print, die-cutting, carton forming. 34; Lead the end-to-end sourcing process, including RFP/RFQs, supplier selection, negotiation, and contract management. 34; Collaborate with internal and external partners to identify opportunities for cost savings and continuous improvements. 34; Monitor supplier performance through regular reviews and KPI tracking; address any opportunities for improvement. 34; Assess, develop, and support onboarding of new suppliers as needed to meet product and category goals. 34; Identify risks within the supply chain and develop mitigation and contingency plans. Monitor triggers and execute against plans as needed to assure supply. 34; Drive continuous improvement by staying current on industry trends, market conditions, and best practices. 34; Lead the execution of supply chain changes, including product and supplier transitions. SKILLS AND EXPERIENCE WE WOULD LIKE YOU TO HAVE 34; Minimum 5 years of experience in supply chain, category management, and procurement activities - foodservice/QSR industry preferred 34; Must have a "team" approach to problem solving and ability to work proactively with multiple cross-functional inputs to address unique Supply Chain challenges. 34; Must be able to work across all levels of a matrix organization and facilitate discussions and strategically influence decisions at a leadership level internally and to supplier partner leadership 34; Experience executing RFP/RFQs that resulted in measurable outcomes (e.g. cost savings, supply chain resiliency) 34; Ability to translate customer requirements, market conditions, and supplier capabilities into a defined sourcing strategy and set of KPIs 34; Strong ability to analyze data, identify trends, and make informed sourcing decisions 34; Strong negotiation skills and experience in contract management 34; Proven track record of managing supplier relationships and driving performance improvements 34; Risk management experience - including identifying, prioritizing, and defining mitigation and contingency plans 34; Experience leading cross-functional teams, managing complex projects, and executing new product launches 34; Effective verbal and non-verbal communication skills 34; Understanding of packaging manufacturing processes and materials preferred 34; Proficiency with Ivalua and JDE software are highly desired; experience implementing technology platforms is a plus Starting salary between $ 110,500 - 120,000 TOTAL REWARDS Our total rewards philosophy integrates programs for compensation, benefits, recognition, learning and development, corporate culture, corporate citizenship and work-life balance. While individual program components may differ by country, some things remain constant: 34; Our commitment to rewarding results 34; Opportunities to work with talented and driven individuals at every level of our company who respect each other, treat each other fairly and hold one another accountable for our customers'-and our company's-success There's more ... Generous medical, dental, vision and other great benefits Paid parental and medical leave programs 401(k) with a company match component and profit sharing 15 days of paid time off plus company holidays Hybrid work model Tuition reimbursement and student loan repayment assistance Inclusive employee resource groups If you have any questions about the job, we are open to discussing this role further, so please feel free to get in touch. #LI-Hybrid

About The Marketing Store Worldwide

The Marketing Store Worldwide is a global customer engagement agency that specializes in creating personalized experiences for brands and their customers. The company is headquartered in Chicago, Illinois, and has offices in more than 10 countries. The Marketing Store's services include loyalty programs, digital marketing, social media, and experiential marketing. The company serves a diverse range of clients, including McDonald's, Nissan, and Coca-Cola. The Marketing Store was founded in 1986 and has a long history of innovation and creativity in the industry.
Learn more about The Marketing Store Worldwide
Size
1,000 employees
Industry
Net Income
$10 million
Founded
1986
5 Year Trend
+5%
Revenue
$200 million

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