What are the responsibilities and job description for the Strategic Sourcing Manager position at 7-Eleven?
The Strategic Sourcing Manager will oversee all sourcing related activities and processes associated with the acquisition of materials and services, which will include fresh food, private brands, and supply chain to support the operational needs of the company. This includes requirements gathering, sourcing, creating, and issuing Request for Proposal (RFP), proposal evaluation, contract negotiations, process oversight, contract drafting and administration. Functionally responsible for ensuring compliance with 7-Eleven sourcing policies and processes as well as 7-Eleven’s ethical and legal business practices.
The ideal candidate must have demonstrated experience in Category Management, Strategic Sourcing, Supplier & Contract Management.
Key Duties And Responsibilites
EDUCATION: Bachelors/4 Yr Degree
YEARS OF RELEVANT WORK EXPERIENCE: 5 years
YEARS OF MANAGEMENT EXPERIENCE: 2 years preferred
If an hourly or salary range is included in this ad it represents the range 7-Eleven in good faith believes is the range of compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in this state. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, long-term incentive compensation, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
For a general description of all benefits 7-Eleven is offering in the US for the position, please visit this link.
The ideal candidate must have demonstrated experience in Category Management, Strategic Sourcing, Supplier & Contract Management.
Key Duties And Responsibilites
- Source products/services needed for categories while managing to budget and optimizing spend via RFPs and contract/pricing negotiations.
- Provide ongoing cost leadership, working cross functionally to develop and implement strategic sourcing plans and processes for designated categories and/or programs.
- Work collaboratively with leadership and stakeholders to understand business needs within category, determine specifications and requirements, and develop solutions to meet objectives
- Develop and implement sourcing strategies (Competitive RFP, direct negotiations, etc.) to mitigate risk and improve performance and cost-effectiveness.
- Build and maintain strong relationships with stakeholders, contractors, and suppliers to ensure effective execution and prompt resolution of any issues that may arise.
- Lead negotiations of contracts and agreements with suppliers to ensure optimal pricing and favorable terms.
- Stay apprised of market trends and technology advancements, to effectively evaluate the impact of external factors on contractor/supplier performance and the procurement of products.
- Develop and implement strategies to mitigate risk and improve cost-effectiveness. Prepare reports and provide presentations to communicate findings and recommendations to leadership and stakeholders.
- Support supplier business reviews, governance committees, and category strategy meetings
- Interview potential suppliers and determine if supplier is qualified to produce and/or supply products or services. Includes a review of supplier's capabilities, ability to meet deadlines, maintain quality standards, and financial background.
- Recommend high impact projects for existing and emerging products and services that drive meaningful results: reduce cost and risk and improve quality.
- Provides general product and services management support to internal business stakeholders. Work with suppliers and cross functional teams during testing of the products or services. Coordinates and communicates company recommendations and revisions for the product or service.
- Participates in defining and influencing corporate sustainability programs.
EDUCATION: Bachelors/4 Yr Degree
YEARS OF RELEVANT WORK EXPERIENCE: 5 years
YEARS OF MANAGEMENT EXPERIENCE: 2 years preferred
If an hourly or salary range is included in this ad it represents the range 7-Eleven in good faith believes is the range of compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in this state. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, long-term incentive compensation, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
For a general description of all benefits 7-Eleven is offering in the US for the position, please visit this link.
