Accountable for the strategic sourcing life cycle for Tier 1 suppliers, including spend analytics, market & demand analysis, supplier evaluation and selection, negotiations, contracting, supplier risk, performance management, and relationship management in compliance with corporate policies and standards. Develops business unit relationships with category owners and management, fosters awareness and education of procurement best practices, develops knowledge of the business unit`s operations and vendor requirements, and influences vendor strategies. Responsible for executing a sourcing project portfolio based on established category strategies to enable the business unit to successfully achieve its objectives. Serves as the project manager for the entire sourcing event utilizing the expertise of other roles in the organization to deliver results.
Compensation Minimum:$84,000 / year
Compensation Maximum:$139,000 / year
Compensation may vary based on the job level and your geographic work location.
Job Description
Level Summary
Requires specialized depth and/or breadth of expertise in Sourcing, Procurement, and Vendor Management specifically managing highly visible, complex, and strategic supplier relationships.
Leads and coaches others to solve complex problems.
Works independently, with guidance as needed in complex situations.
May lead functional teams or projects.
Primary Accountabilities
Establishes, develops and maintains senior business leader relationships with assigned business units to identify and influence sourcing and vendor management opportunities in support of business objectives.
Develops and presents proposed supplier strategies to business partners and sponsors, obtains approvals and aligns sponsorship and resources needed to move project into active execution.
Leads cross functional teams to successful outcomes ensuring business value is quantified, optimized, and fully realized.
Serves as the primary contact between the company and Tier 1 suppliers, defines strategies to maximize the effectiveness of the relationship, mitigate risk, create enhanced value, 1assure timely identification and resolution of performance issues and compliance with contract requirements through regular business and executive reviews. Align short and long-term needs of stakeholders to current and future vendor capabilities, driving consolidations for scale, mandating innovations and ensuring vendor roadmaps align to business objectives.
Leads the entire sourcing process for Tier 1 suppliers including supplier selection (RFx), negotiations, establishing contract terms and conditions, facilitating contract renewals, and execute with excellence by applying project and change management best practices (e.g. scope, deliverables, timeline, communication, risk mitigation) in order to achieve mutually beneficial outcomes aligned with business objectives.
Continuously identifies opportunities for process improvements and improved services for stakeholders.
Uses knowledge of business unit operations, spend analytics, market intelligence, internal demand and defined sourcing objectives to facilitate the evaluation of complex competitive offerings and determine best overall offer for a product or service.
Compares supplier proposals across financial and qualitative parameters and identifies expected timing of savings/value cash flows.
Serves as a subject matter expert for assigned supplier contracts. Assure compliance with contract approval process and adherence to contract standards. Assists and supports stakeholders in contract management from award to completion or termination.
Provides reporting to business unit leaders including supplier spend, sourcing project activity, risks, opportunities and results. Executive-level dashboards will include actionable data, performance metrics and supplier scorecards.
Specialized Knowledge & Skills Requirements
Demonstrated experience providing customer-driven solutions, support or service.
Extensive knowledge of strategic sourcing practices including spend analytics, market intelligence, RFx execution, and contract negotiation.
Extensive knowledge and understanding of vendor management practices including performance management and relationship management techniques.
Demonstrated experience leading large, cross functional, complex projects.
Extensive knowledge and experience applying contract negotiation techniques.
Extensive knowledge and understanding of goods and services contract terms.
Solid knowledge and understanding of preparing reports, charts and presentations.
Demonstrated experience relationship building, consulting, guiding strategic business decisions, and using data to solve problems.
We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!
We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.
We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.
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At American Family Insurance, we know how hard our customers and employees work to achieve their dreams. That’s why, for over 90 years, we’ve made it our mission to protect those dreams. It’s all part of who we are and who we’ll always be – innovative, caring, agile, trustworthy, transparent and passionate. We’re a strong, forward-looking company and a proven leader in our industry. And if you’re looking to make a difference, we’re looking for you.
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