Associate Sourcing Manager​/Commodity Manager

Overview

As the Associate Sourcing Manager/Commodity Manager, you will be responsible for sourcing/procurement related activities and processes associated with the acquisition of products and services for Private Label Retail items and Fresh Food Packaging. This includes requirements gathering, creating and issuing Request for Proposal (RFP), proposal evaluation, contract negotiations, contract drafting and administration with the goal to improve spend and quality performance.

This role supports Sourcing Managers or Directors and ensure compliance with 7-Eleven sourcing policies and processes. As a commodity/associate sourcing manager you will partner with business stakeholders and suppliers to execute procurement/sourcing activities while building collaborative relationships to deliver improved cost and service levels.

• Executes 7-Eleven sourcing processes which include data/spend analysis, strategic planning and market research, scoping, bidding, contract negotiations and execution, compliance, and supplier management activities for assigned categories.
• Build and maintain collaborative relationships with cross functional stakeholders to develop and execute sourcing processes that support business goals.
• Build and execute various RFx/sourcing events, performing bid analysis and providing feedback to stakeholders and collaborate on negotiation strategies.
• Manage suppliers/contractors based on specifications and contractual requirements to ensure effective execution, implementation and prompt resolution of any issues that may arise.
• Negotiate contracts and contract renewals with suppliers to source/procure products or services needed for categories to optimize spend, reduce risk, achieve favorable terms and drive towards optimized total-cost-of-ownership.
• Identify/interview potential suppliers and evaluate supplier capabilities to determine if supplier is qualified to produce and/or supply products or services. Perform market research in applicable areas.
• Ability to support legal in key contract negotiations such as pricing, performance measures, and breach of contract remedies and termination options.
• Participate in cross-functional discussions with stakeholders. Provide clear and concise progress updates.
• Demonstrate ability to build and analyze financial models to evaluate proposal scenarios and present recommendations in a clear and concise format.

• Ability to work well with both business stakeholders and suppliers, in a fast-paced, self-directed environment.
• Understand leaders’ intent and strategic goals and how to translate that into actions that needs to be taken.
• Ability to provide suggestions and collaborate with team and stakeholders to solve problems by assessing the situation, leveraging and analyzing relevant data, identifying root cause and developing potential solutions.
• Adapt to change, ability to quickly learn details of new business challenges and identify dependencies and impacts of other key initiatives.

EDUCATION:

Bachelor’s degree (or equivalent experience) strongly preferred.

YEARS OF RELEVANT

WORK EXPERIENCE:

Minimum of 3+ years required

• Demonstrate ability to build and analyze financial models to evaluate proposal scenarios and present recommendations in a clear and concise format.
• Strong organizational skills, understanding of legal aspects, negotiating skills, purchasing terminology, cost analysis, and legal compliance regulations.
• Experience and background in Retail Merchandising and Food Service and/or Food Packaging.
• A clear understanding of logistics, route to market, production lead times and material specifications around retail product and food packaging.
• A clear understanding or drive to learn procurement procedures. (i.e., renewal strategies, volume discounts, prorating, commodity indexes such as paper and pulp).
• Proficient with MS Office suite – including MS Excel, Outlook, and Powerpoint.
• Verbal and written communication skills that can clearly communicate with various internal stakeholders, team members and supplier.

Note:

If an hourly or salary range is included in this ad it…