What are the responsibilities and job description for the Strategic Sourcing Manager position at The Home Depot?
POSITION PURPOSE
The Strategic Sourcing Manager position is responsible for leading the development and execution of sourcing strategies for an assign product group.
This position will report into the Procurement Department, which focuses on sourcing critical indirect commodities, materials, components, supplies and/or services for the Company in accordance with standard operating procedures and contract requirements.? This role will work with domestic and international suppliers to formulate purchase agreements.
?
Key Responsibilities include, but are not limited to:
Responsible for supporting and conducting strategic negotiation events for different categories across the organization
Strong analytical skills: able to transform data into clear and relevant information
Develop and deliver high quality presentations
Establish relationships and lead Stakeholders / cross-functional teams along the process to get buy-in
Develop and lead price, and terms-and-conditions negotiations with suppliers
Lead sourcing events from project kick-off to contract execution
Use and evaluate eSourcing tools and new technology
Participate in spend analytics and work planning efforts
Create Strategic Sourcing partnerships in order to increase addressable spend
Become a category expert in understanding the category role and develop category playbooks and roadmaps to enhance strategic negotiations
Develop negotiation event timeline and manage execution
Project management for small to multi million budget projects
?
MAJOR TASKS, RESPONSIBILITES AND KEY ACCOUNTABILITIES
Initiate quality vendor relationships to support new and ongoing product and services sourcing needs.
25% Develop and execute strategic sourcing plans for assigned categories. Creative thinking and competitive Work cross functionally to improve and streamline processes.
25% Negotiate for products and services within the assigned product category ensuring to achieve best price and quality.?
20% Work with stores and functional areas to best determine products and services to be sourced.
10% Vet vendor qualifications to participate in sourcing events to ensure vendors are able to meet purchase demands in terms of product quality, quantity, and delivery date.
10% Identify and qualify vendors to provide product and services to Home Depot. Conduct research to assess vendor capabilities and product information as they relate to company needs.
5% Work with purchasing operations to ensure orderly transition from initial deal to ongoing purchasing of products and services. Ensure accuracy and delivery of orders so that clients for the product group are able to complete projects and meet the Company's needs.
MINIMUM QUALIFICATIONS Must be eighteen years of age or older. Must be legally permitted to work in the United States. Education Required: The knowledge, skills and abilities typically acquired through the completion of a high school diplomas and/or GED. Years of Relevant Work Experience: 5 to 7 years Physical Requirements: Most of the time is spent sitting or standing in the same location or there may be a need to stoop regularly or move/lift light material or equipment (typically less than 8 pounds). Preferred Qualifications: Bachelor's degree in Purchasing, Supply Chain Management or related area preferred; or equivalent experience. Certification(s) in Procurement desirable. 2 years' experience with contract negotiations and contract management Project Management expertise Customer service and results oriented Extensive experience with contract development Extensive experience with vendor management Strategic negotiations experience Knowledge, Skills, Abilities and Competencies: Negotiation Skills - Ability to negotiate in adversarial situations to arrive at the best deal in terms of cost and quality to meet sourcing needs. Communication skills - Able to manage competing timelines and keeping all parties informed with timely updates and action items Independent contributor - Strong interpersonal skills, able to build rapport and relationships quickly Multitasking skills - Ability to manage multiple, complex projects and changing priorities in a fast-paced environment, and work effectively in a team environment. Analytical Skills - Ability to rapidly learn new systems and procedures, create financial cost models; strong analysis and problem-solving skills Product Knowledge - Able to self-learn and develop a thorough understanding of assigned product category. Presentation skills - Able to create and deliver powerful presentations to large audiences and executive leadership
