Procurement Manager

Job Title

Procurement Manager

Job Description Summary

Job Description Summary
The primary purpose of the Sourcing Manager is to oversee all Category Management, Strategic Sourcing and Supplier Management performance and relationship management activities for the specific categories of spend in their purview. This role is the subject matter expert in the oversight of Contracts, Amendments, Accruals, and Pay Process initiatives. With this oversight, the Sourcing Manager will be the subject matter expert of the Master Supplier & Rates Directory and responsible for its maintenance and upkeep.
The Sourcing Manager will be responsible for managing and delivering results that support the Procurement related goals and objectives in support of the Sourcing Director. This role will act as the single point of contact for the entire organization with regard to strategic procurement activities in the Contractual Spend process. The Sourcing Manager will be accountable for creating, facilitating or participating in the development of Category Management strategies, executing upon the category strategies and monitoring and evaluating the success of the activities. The Sourcing Manager is also responsible for managing supplier relationships, performance and improvement, risks, and issues.
To accomplish category strategies that involve sourcing, the Sourcing Manager must effectively manage a team of Sourcing Analysts to execute and facilitate the sourcing process within their respective business units. The Sourcing Manager must possess excellent project management skills, people leadership skills and an understanding of the business and their category specific knowledge to provide value to their respective business units. The Sourcing Manager will take input from business unit stakeholders to formulate and execute category objectives, priorities, plans of actions.
The Sourcing Manager will work closely with Account leadership and the Sourcing Director to develop the annual contractual budget that will directly state expected spend for the upcoming year. Other ad hoc initiatives will include providing Case Study submissions, updating the Corporate Sourcing Playbook, submit Strategy presentations and will lead or participate on cross functional teams to develop strategic procurement strategies and solutions that align to the business unit strategies. To accomplish this, the Sourcing Manager will need to collaborate and build relationships with both internal and external stakeholders.

Job Description

Job Description

• Manage all aspects of the Procurement relationship with Client, Account Management Team, Vendors, C&W Corporate and other key stakeholders
• Implement programs and initiatives to ensure achievement of all goals, metrics and KPIs
• Analyze account-wide spend, vendors, operations and processes to continually identify opportunities for value creation. Develop and implement a procurement strategy based on the identified opportunities
• Develop, facilitate, and oversee eRFx’s, analyze responses, negotiate and use other techniques as required to obtain the expected results
• Interprets contracts, negotiates with vendors and ensures appropriate contractual records retention plans are in place on the account
• Manage the development, installation, and maintenance of tracking and reporting mechanisms that yield the appropriate outputs and conform to requested forms and frequencies
• Employ C&W best practices, policies, processes, tools and templates to include both C&W corporate and Client account specifications
• Resolve issues from Client Account Team, and suppliers, such as amendment and contract-related questions, and payment inquiries
• Manage all aspects of personnel and roles with direct reporting relationship

• Assesses the supply market utilizing their own expertise, stakeholder feedback, and industry insights from Procurement funded 3rd party analytical technologies
• Develops category strategy and plans that encompass creative and well thought out insights and solutions
• Develops annual contractual budget and reflect any category specific adjustments that are known by the Category Managers
• Builds strong working relationships with business unit stakeholders in order to ensure requirements and considerations are being incorporated into contracts
• Works with the business units to prepare project plans for proposed Procurement activities and makes sure all stakeholders understand timelines and assignments
• Meets or exceeds business unit expectations, looks for ways to improve the working relationship and experience, creates a unified team environment and team goals, and ensures all stakeholders understand the connection between the Procurement category strategies and the overall business objectives and strategies
• Drives for results by consistently achieving goals and pushing to complete tasks by their deadlines. Negotiates effectively for the organization with internal and external stakeholders and builds relationships with key individuals necessary for collaboration
• Pursues professional growth and provides developmental opportunities for others by soliciting and acting on performance feedback; building collaborative, cross-functional relationships; hiring, training, and developing talent for growth opportunities; delegating tasks and decisions; fostering open dialogue amongst team members; working closely with employees to set goals and provide open feedback and coaching to drive performance improvement
• Manages designated work stream to meet customer and business needs by translating business plans into strategic opportunities and tactical action items; communicating goals and objectives; overseeing work assignments; aligning team efforts; building accountability for and measuring progress in achieving results; identifying and addressing improvement opportunities; assuming responsibility for decision making

Requirements and Qualifications

• Bachelor’s degree
• Must have at least four years of relevant sourcing/supplier management experience
• Understanding of the Strategic Sourcing processes and demonstrated proficiency with e-tools such as e-RFx’s, reverse auctions, e-catalogs, and contract management systems
• Must possess legal knowledge, ability to prepare/negotiate agreements & amendments, and the ability to explain to clients the specifics of the contracts.
• Must possess analytical and quantitative skills with ability to analyze and interpret information, data and related documentation.
• Ability to communicate effectively with all levels of management
• Self-motivated and work independently to find solutions
• Insight and innovation development
• Category knowledge
• Project planning and governance
• Building and managing diverse relationships
• Negotiation skills
• Knowledge of effective supplier risk management techniques

• Ability to analyze complex processes to help resolve problem areas for team
• Proficient in Microsoft Office suite of productivity applications
• Strong Excel skills, including working knowledge of filters, sorting, pivot tables, basic formulas, advanced formatting techniques, and advance data manipulation skills
• High level of commitment to customer service and teamwork
• Must be able to work autonomously and efficiently, lead others and solve problems on a day to day basis as they arise
• Strong work ethic requiring minimal supervision
• Must be able to analyze and resolve non-routine issues using independent judgement
• Skilled at defining problems, collecting data, establishing facts and drawing valid conclusions. Skilled at interpreting and analyzing extensive bidding proposals and market conditions and make recommendations to management.
• Strong organizational, problem-solving, and analytical skills; able to manage priorities and workflow
• Ability to operate independently and under pressure, to perform multiple concurrent tasks and responsibilities in a time sensitive atmosphere, and to deal with changing priorities, while maintaining personal effectiveness
• Demonstrate meeting facilitation and decision making
• Demonstrate ability to think and act strategically
• Experience working collaboratively with individuals and groups from a variety of background and organization levels, to incorporate their ideas, adapt to their needs and to form consensus in appropriate situations

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $103,955.00 - $122,300.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email[email protected]. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”

Originally posted on Himalayas

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