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Strategic Sourcing Manager - Indirect/Professional Services

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Job ID 2023-258980
Address 3200 Hackberry Rd, Irving, Texas, 75063, US
Store-ID Store Support Center Store-Type US Non-Store

With more than 13,000 stores in the U.S. and 84,500 stores globally, it is no wonder 7-Eleven, Inc. has been named an iconic brand. In addition to 7-Eleven stores, 7-Eleven, Inc. also operates and franchises Speedway, Stripes, Laredo Taco Company and Raise the Roost locations.

Since inventing the convenience industry in 1927, 7-Eleven has built a rich 96-year history filled with beloved products like Slurpee, Big Gulp and Big Bite, and fan-favorite holidays like Slurpee Day and Bring Your Own Cup Day.

Now, 7-Eleven is on a mission to contemporize the brand and redefine convenience – and we need your help.

Work location options: Irving TX; Enon OH

▶ About This Opportunity

JOB SUMMARY:

The Strategic Sourcing Manager will oversee all sourcing related activities and processes associated with the acquisition of materials and services, which will include Financial Services, Marketing, HR, Legal  to support the operational needs of the company. This includes requirements gathering, sourcing, creating, and issuing Request for Proposal (RFP), proposal evaluation, contract negotiations, contract drafting and administration. Functionally responsible for ensuring compliance with 7-Eleven sourcing policies and processes as well as 7-Eleven’s ethical and legal business practices.

The ideal candidate must have demonstrated experience in Strategic Sourcing, Supplier & Contract Management.

KEY DUTIES AND RESPONSIBILITES:

  • Manage suppliers and stakeholder to determine specifications and requirements.
  • Source products/services needed for categories while managing to budget and optimizing spend via RFPs and contract/pricing negotiations. 
  • Work cross functionally to develop and implement strategic sourcing plans for designated categories.
  • Implement vendor management and compliance programs including SLAs (Service Level Agreements), and pricing for products for products and services. 
  • Negotiate contracts and agreements with suppliers to ensure optimal pricing and favorable terms.
  • Build and maintain strong relationships with suppliers and stakeholders to ensure timely delivery of products and resolve any issues that arise.
  • Analyze market trends, assess supplier performance, and evaluate the impact of external factors on the procurement of products.
  • Develop and implement strategies to mitigate risk and improve cost-effectiveness. Prepare reports and presentations to communicate findings and recommendations to stakeholders.
  • Stay up to date with industry developments and advancements in technology related to the procurement of products.
  • Understand and recommend high impact projects for existing and emerging products and services that drive meaningful results: reduce cost and risk and improve quality.
  • Provides general product and services management support to internal business stakeholders.
  • Interview potential suppliers and determine if supplier is qualified to produce and/or supply products or services. Includes a review of supplier's capabilities, ability to meet deadlines, maintain quality standards, and financial background.
  • Work with suppliers and cross functional teams during testing of the products or services. Coordinates and communicates company recommendations and revisions for the product or service.
  • Provides ongoing cost leadership support to ensure lowest cost of goods and secure supply of product to store demand and margins.

KEY LEADERSHIP COMPETENCIES:

  • Key attributes of a successful candidate include driving change management, influencing up and across matrixed organizations, creating the case for change, driving accountability and delivery against goals.
  • Ability to solve problems by assessing the situation, leveraging data where applicable, identifying root cause and developing potential solutions. Makes well informed decisions, demonstrate initiative, exhibit autonomy to execute organization initiatives.
  • Ability to operate in environments with ambiguity and ability to create clarity. High level of agility and adaptability; ability to quickly learn details of new business challenges and identify dependencies and impacts of other key initiatives.
  • Manage collaboration and communication with other teams, both internal and external, to ensure teams have what they need and can work efficiently.
  • Drives results and designs and implements business metrics to monitor, track, and report sourcing project progress.

PREFERRED EDUCATION AND EXPERIENCE:

EDUCATION: Bachelors/4 Yr Degree

YEARS OF RELEVANT WORK EXPERIENCE: 5+ years

YEARS OF MANAGEMENT EXPERIENCE: 2+ years

SPECIFIC KNOWLEDGE AND SKILLS:

  • The successful candidate should have a bachelor’s degree in Procurement, Business Administration, Accounting, Finance, or Marketing. MBA or equivalent background is preferred.
  • Experience leading the development and management of category plans or sourcing strategies with a preference on experience in managing category spend.
  • Demonstrated successful contract and agreement negotiation experience, managing the entire RFQ/RFP process, including development of negotiating plans and strategies.
  • Candidate should have a strong sense of urgency, high standards of excellence, able to influence others and manage conflict, strong organizational skills, attention to detail, clear communication and follow-up skills, analytical approach to decision-making process.
  • Possesses excellent interpersonal, written and verbal communication skills, and is comfortable working with multiple stakeholders at all organizational levels.
  • Proficient with MS Office suite- advanced skills in MS Excel.

#LI-KA1

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