Saks - Manager - Strategic Sourcing

2 days ago


Bengaluru, India HUDSON'S BAY SERVICES PRIVATE LIMITED Full time

Job Description: Who We Are: Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences. With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own. By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail. Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets. Role Summary:- As a Strategic Sourcing Manager in Strategic Sourcing & Procurement (SS&P), you'll lead a team of professionals that support strategic sourcing value delivery.- Working with SS&P and business leadership, your team will execute in country and US-based strategic sourcing events and category analyses.- You will bring expertise in strategic sourcing and analytics to lead and develop your team across the full source-to-contract lifecycle, with an initial focus on building a proactive Technology renewal program.- You will communicate with multiple levels in the organization to foster internal and external relationships and enhance the brand of SS&P. Role Description:- Provide guidance and thought leadership to your team of strategic sourcing professionals and category analysts to support their ability to drive savings and value delivery.- Create and lead a proactive renewal program, starting with Technology, that maximizes cost savings opportunities and provides the business with the flexibility to change solutions as need.- Lead sourcing projects, including building successful sourcing strategies, driving strategic improvements, and delivering on operational targets, savings goals, and business strategies.- Conduct total cost modeling and sensitivity/scenario analysis to help team members understand trade-offs and benefits to multiple outcomes.- Help with the analysis and planning for multiple components of indirect spend categories to ensure operational success and results.- Use sourcing tools to support departmental efforts to refine and improve procurement processes and policies.- Develop and manage relationships with SS&P team members and business stakeholders.- Ensure timely communication of the status of sourcing projects and category analyses to key stakeholders.- Partner with multiple corporate functions (e.g., Financial Planning & Analysis, Accounting, Legal) as part of your sourcing projects and related activities.- Review, revise, and negotiate contract language.- You will take ownership of projects and bring them to completion understanding that the results will have an impact on the department's goals. Key Qualifications: Required Qualifications (Minimum Requirements):- Bachelor/Masters degree in supply chain management, engineering, or business.- 8+ years of experience in Strategic Sourcing with experience in Technology, including Technology renewals, with a minimum of 3 years of leadership experience.- Demonstrated capabilities of leading sourcing projects, contract authoring and negotiations, category analysis and driving savings/value.- Strong relationship-building, verbal and written communication, interpersonal, motivational, and influencing skills; coordination across related disciplines and with key stakeholders.- Experience coordinating teams, collecting insights, and constructively challenging team members with conventional thinking.- Understanding of multi-step strategic sourcing processes, sourcing tools, and strategies.- Knowledge of procurement category analyses, including benchmarking. Preferred Qualifications (nice To Haves):- Prior people leadership within a Procurement organization.- IT asset management experience.- Contract renewal program management experience. Your Life And Career At Saks Global: Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation. Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate. Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental). Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. (ref:iimjobs.com)



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