Strategic Sourcing Category Manager - Financial Services
- Cincinnati, OH
- Permanent
- Full-time
- Category Management
- Support the senior manager in defining and reviewing procurement strategy and project pipeline
- Perform periodic financial reviews to assess category financial performance with the senior manager
- Identify potential suppliers to extend payment terms, improve cash conversion cycle, and enhance gross margin
- Implement supplier finance and discount programs with a focus on cash flow, interest payable, and working capital
- Strategic Sourcing
- Coordinate sourcing activities and manage analysts to achieve category goals
- Coordinate sourcing strategy review and ensure that strategy documents are updated
- Support the creation, execution, and communication of category management strategy for pertinent category
- Drive internal compliance with policies, procedures, strategies, and guidelines on an ongoing basis
- Contract Management
- Negotiate and execute highly complex and visible contracts with suppliers
- Coordinate identified improvement opportunities, risk/mitigation strategies and develop action plans
- Supplier Relationship Management
- Lead execution of SRM activities to create value, drive continuous improvement, and realize savings
- Lead business relationships with suppliers, foster long-term involvement and creating value
- Oversee supplier qualification with support of the business and develop a transition plan and execution of supply agreement
- Procurement Process
- Develop, deepen and maintain trusted and collaborative relationships with business partners to ensure the organization is seen as a valued partner and is involved in business decisions
- Oversee procurement process metrics, insights and proposed actions to define implementation plan
- Maintain knowledge of other initiatives in Kroger that may affect the category performance
- Talent Management
- Supervise and coach direct reports in the performance of their duties: complete performance reviews and provide feedback to direct reports
- Create an effective work environment by developing a common vision, communicating of clear objectives, fostering teamwork, recognizing performance, providing on the job coaching
- Must be able to perform the essential functions of this position with or without reasonable accommodation
- Bachelor's degree in Business, Finance, Supply Chain, Manufacturing, Retail, CPG, or related disciplines
- 5 years' experience within the pertinent category
- Ability to build impactful relationship with internal clients, key influencers to effectively execute the work
- Advanced Microsoft Office skills (Word, Excel, PowerPoint, Outlook, Vizio)
- Oral and written communication skills to formulate strategies in a complex business environment
- MBA or Master's degree
- CPM/CPSM, CSCP or equivalent certification
- 5 years' experience in Supply Chain or Procurement
- 3 years of leading a sourcing team