Strategic Sourcing Manager

Strategic Sourcing Manager

A corporate office in Rockville is looking for a Strategic Sourcing Manager to join their team. This position will lead various strategic sourcing initiatives for the organization, focusing on driving cost savings, managing supplier relationships, and optimizing procurement processes while maintaining compliance with purchasing policies. The ideal candidate will be a seasoned professional with extensive experience in strategic sourcing, contract negotiations, and category management.

This will be a temp to hire position with a hybrid schedule and the pay ranges from $45-62 per hour, commensurate with experience.

Responsibilities include:

• Assist in development and implementation of strategic sourcing strategies for marketing, technology, and professional services with a focus on constantly increasing productivity, identifying cost savings opportunities and optimizing company-wide spend.
• Create and improve efficiencies within the business unit generating buying power and identifying reduction in costs
• Act as the subject matter advisor in collaborating with business owners, management, and other subject matter experts to develop category strategies
• Draft, review, and negotiate contract agreements, including MSA commercial terms, SOWs, Order Forms, etc.
• Conduct detailed spend analysis to identify cost-saving opportunities and support budgeting and planning processes.
• Assist in development and implementation of category management plans, providing senior management with visibility on risks, total cost of ownership, key operational achievements, and measurable deliverables.
• Ensure supplier contracts contain provisions which enable them to be managed effectively through performance monitoring against key performance indicators (KPIs), service level agreements (SLAs), benchmarking, contract management, and negotiations.
• Create and execute strategic vendor negotiation plans
• Manage sourcing and supplier engagement activities, competitive bid/proposal analysis, contract development and negotiations, risk assessments and mitigation, and ongoing strategic supplier relationships and performance management.
• Optimize internal processes, workflows, and interfaces to improve category-specific measures of productivity, efficiency, and effectiveness

Requirements:

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field; MBA or relevant certification (e.g., CPSM, CIPS) preferred but not required.
• Minimum 7-10 years of experience in strategic sourcing, procurement, or supply chain management, with a proven track record of success in a senior role.
• Experience in negotiating marketing, technology, and professional service contracts.
• Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal stakeholders and external suppliers.
• Proficiency in procurement software and tools, as well as Microsoft Office Suite.