Manager, Strategic Sourcing (Contract Negotiation)

The Manager, Strategic Sourcing is responsible for overseeing all aspects of the strategic sourcing process, with a primary focus on contract negotiation and vendor relationship management. Must have demonstrated capabilities in project management, team leadership, contract negotiation and skill development. Possesses strong communication skills, interacts with all levels of management, and works independently taking a proactive approach in assigned categories ensuring Strategic Sourcing's value commitment to internal business partners is met.

• Leads and mentors strategic sourcing analyst(s), providing guidance and support to drive excellence in contract negotiation, vendor selection, and sourcing strategy development.

• Directly manages complex contract negotiations with vendors to secure favorable terms and pricing agreements, ensuring alignment with organizational goals and objectives.

• Revises and composes contract language in conjunction with Belk's internal support partners (Legal, Risk, Finance, Audit, etc.) team to create a best-fit document for the business awarded.

• Oversees sourcing activities involving but not limited to, developing RFI/RFPs, developing strategy and approach to score, management of sourcing process, contract negotiation, and successful vendor relationship management and communications.

• Conducts comprehensive market research and analysis to identify new vendor opportunities and emerging industry trends.

• Collaborates closely with internal stakeholders to understand their business needs and requirements and develop sourcing solutions to meet their objectives.

• Represents the organization as prime internal and external contact on sourcing events and contracts.

• Meets regularly with executives internally and externally.

• Ensures that all sourcing activities follow standard policy, procedures, and methodology, while adhering to compliance standards and meeting project timescales.

Provides knowledge sharing of sourcing and procurement activities, vendor management process requirements, relevant vendor data, governance strategies, and compliance.

Minimum Education & Experience:

• Bachelor's degree in Business Administration, Supply Chain Management, or other related degree.

• Minimum of 6 years of experience in strategic sourcing, procurement, or supply chain management, with a strong emphasis on contract negotiation.

• Demonstrated knowledge and experience leading teams in a high-volume, multi-tasking, fast-paced environment.

Preferred Education & Experience:

MBA

Knowledge & Skills

• Detail-oriented with strong organizational skills and the ability to manage multiple priorities in a fast-paced environment.

• Exceptional negotiation skills with a track record of successfully negotiating complex contracts and securing favorable terms and pricing agreements.

• Extensive knowledge of strategic sourcing best practices and competitive bidding processes.

• Proven leadership skills with the ability to inspire and motivate a team to achieve results.

• Ability to build long-term, strategic relationships with business partners and leadership.

• Strong analytical and strategic thinking skills, with the ability to develop and execute sourcing strategies to drive business value.

• Ability to communicate with senior levels across Strategic Sourcing, Corporate Finance, Treasury, Audit, and Legal on contractual issues and vendor risks.

• Self-directed, requiring limited guidance and/or structure.

Reporting Relationships:

Supervisor

Director, Strategic Sourcing

Supervises

Strategic Sourcing Analyst

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We are an Equal Opportunity Employer:

Belk is an equal-opportunity employer committed to providing a workplace free from harassment or discrimination. All employment decisions are to be made without regard to race, color, age, sex, gender identity, sexual orientation, hair style, hair texture, religion, marital status, pregnancy, national origin/ancestry, citizenship, physical/mental disability, genetic information, military/veteran status, or any other basis prohibited by law.

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