Procurement Manager

General Summary

The Procurement Manager is responsible for managing a full-cycle, technology-enabled strategic procurement process across for-sale products and services. The Procurement Manager will partner with key internal stakeholders (i.e. private brand business / spend owners, category managers, buyers, etc.) to execute the key stages of the procurement process — from the development of the sourcing strategy and approach, to overseeing should-cost model development, execution of end-to-end eRFX (RFI, RFP, RFQ, etc.) process including any auction events and post-auction follow up including (but not limited to) fact-based vendor contract negotiations, audits, cost recovery initiatives, and supplier management with two-way performance scorecards.

Duties & Responsibilities:

Leadership

Provide coaching and guidance to analysts as required

Manage content for Resale sourcing kickoff meetings with the buying group and other key stakeholders such as DGGS, Global Compliance, SLM team, and Supply Chain

Program Managment

• Develop Resale sourcing strategies for incorporating procurement tools into private brand sourcing lifecycles (i.e., eRFI/P/Q and live auctions)
• Oversee development and maintenance of processes and infrastructure necessary to support a best-in-breed procurement including:
• Track key commodity indices and supply markets to develop procurement strategies and benchmark current costs.
• Develop category specific RFP library management processes, RFP templates
• Maintain should-cost product library and competitive benchmarking / spec library across categories.
• Develop fact-based negotiation strategy criteria, templates, and setups.
• Develop methodologies to assemble and leverage eRFP and negotiation data collected throughout the procurement program back into the development of category management and sourcing strategies for next generation cost reduction.
• Craft scenarios to drive procurement award recommendations maximizing savings while balancing cost savings with product quality, business continuity need, and sourcing risk
• Develop metrics and collect data to summarize procurement results and accomplishments over time for continuous improvement.

Project Execution

• Lead stakeholder team through the development and execution of optimal procurement strategy, including specification and scope of work development
• Oversee development of should-cost models, assumptions, and competitive benchmarking via “design-to-value” (DTV) exercises
• Oversee peer review and benchmarking by procurement team that addresses supply market dynamics and category criteria to ensure consistency with requirements for sourcing success
• Design and build of the optimal bid structure for both eRFx and Auctions
• Validate final bids and generate and distribute eRFI/P and auction reports; including award scenarios factoring in net cost savings, supply risk, and category / vendor strategy
• Facilitate the incorporation of negotiated terms and conditions in contracts with category owners and Law Dept
• Execute on time with managed internal and external stakeholder expectations

Qualifications

Knowledge, Skills, and Abilities:

• Demonstrated project management skills (specifically in managing multiple projects)
• Excellent communication skills and group facilitation skills
• Experience in developing and delivering presentations to senior executives
• Proficient understanding of Internet technology
• Strong interpersonal and consultant-type skills in managing various internal stakeholders, cultural dynamics and effectively interfacing with multiple levels within the organization (i.e. executive officers, buyers, directors)
• Ability to function as both a team leader and team member as appropriate
• Must have ability to work in fast-paced environment and be highly adaptable to change
• Ability to think “outside the box” and be an entrepreneurial self-startER.

Work Experience and/or Education:

• Bachelor's degree required with at least 5 years of experience
• 2-3 years experience either as a buyer or manager in strategic procurement and contract negotiations, with a customer-oriented style preferred
• Clear understanding of the end-to-end procurement lifecycle and value chain; including product development and spec, formulation, packaging, etc.
• Familiarity with e-RFX tools and systems (e.g., Coupa, Ariba, Jaggaer and cost-analysis (e.g., should-cost)
• Experience in procurement strategies including developing pricing models and market baskets
• Prior experience in retail and / or cost engineering a plus.