Indirect Sourcing Manager

Essential Duties and Responsibilities:

• Strategic Sourcing and Value Creation:
  
  
  
  • Develop and execute strategic sourcing plans for all indirect categories, aligning with business objectives and driving total cost of ownership (TCO) reductions.
  • Identify and capture value beyond cost savings, including innovation, improved service levels, increased operations productivity and enhanced supplier collaboration.
  • Conduct market analysis to identify emerging trends, potential suppliers, and opportunities for strategic partnerships.
  
  
  
  
• Supplier Relationship Management and Performance:
  
  
  
  • Build and maintain strong and collaborative relationships with key indirect suppliers, focusing on long-term partnerships and mutual value creation.
  • Implement robust supplier performance management programs, including regular business reviews and continuous improvement initiatives.
  • Conduct supplier risk assessments and develop mitigation strategies to ensure supply chain stability.
  
  
  
  
• Technology and Process Optimization:
  
  
  
  • Utilize e-procurement tools and other systems to streamline sourcing processes and improve efficiency.
  • Leverage data analytics to gain insights into spending patterns, identify optimization opportunities, and drive data-driven decision-making.
  • Automate routine tasks and processes to reduce manual effort and improve accuracy.
  
  
  
  
• Risk Management and Compliance:
  
  
  
  • Ensure compliance with company policies, regulations, and ethical standards, including sustainability and corporate social responsibility.
  • Create indirect sourcing policies as needed by business.
  • Identify and mitigate potential risks in the supply chain, including financial, operational, and reputational risks.
  • Implement robust contract management processes to ensure compliance and minimize legal exposure.
  
  
  
  
• Stakeholder Management and Collaboration:
  
  
  
  • Collaborate with internal stakeholders across various departments to understand their needs and requirements.
  • Act as a strategic partner and trusted advisor, providing sourcing expertise and support to internal stakeholders.
  • Facilitate effective communication and alignment between suppliers and internal stakeholders.
  
  
  
  

• Data Analysis and Reporting:
  
  
  
  • Analyze spending data to identify trends, opportunities, and areas for improvement.
  • Develop and present reports on sourcing performance, including cost savings, supplier performance, and compliance metrics.
  • Provide spend analytics to management.
  
  
  
  
• Invoice Management:
  
  
  
  • Review and approve supplier invoices as needed, ensuring accuracy and compliance with contracts.
  • Reconcile invoices with purchase orders and delivery receipts.
  
  
  
  
• Supplier Onboarding:
  
  
  
  • Oversee supplier onboarding process, ensuring efficiency and accuracy.
  • Maintain documentation related to supplier onboarding
  
  
  
  

Qualifications:

• Education: Bachelor's degree in supply chain management, Business Administration, or a related field.
• Experience: 5-10 years of experience in indirect procurement or related field.
• Licenses/Certifications: CPM, CPSM, or equivalent certification strongly preferred.

Knowledge, Skills, & Abilities:

• Strong knowledge of indirect procurement principles and practices.
• Excellent negotiation and contract management skills.
• Strong analytical and problem-solving skills.
• Proficiency in e-procurement tools and ERP systems.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a cross-functional team environment.
• Strong project management skills.
• Ability to learn new software systems quickly.
• Ability to travel up to 20%