Senior Sourcing Manager

OVERVIEW

Experience something categorically different. With over 1,200 stores throughout the U.S., a thriving digital ecosystem and a growth trajectory that’s put Wall Street on notice; Ulta Beauty provides dynamic challenges for those who want to apply their financial acumen to ever-increasing levels of complexity. Professional ownership. Diverse and ever-evolving projects. Greater levels of impact. The ability to influence decisions and organizational direction. It’s all part of the daily experience of our Finance & Accounting associates.

 

If you want a collaborative environment where continual learning, career self-determination and trust are prioritized, where an engaged leadership provides deep levels of support and guidance, Ulta Beauty is uniquely positioned to deliver greater levels of career satisfaction. Are you up for the challenge?

THE IMPACT YOU CAN HAVE:

 

Ulta's Senior Sourcing Manager is an opportunity to take your procurement career to the next level.  You'll lead several indirect categories, focusing primarily on Information Technology (IT) and Digital. Categories will include, but are not limited to: Software/SaaS, Hardware/Infrastructure, Cloud, Professional Services, Telecommunications, Digital/eCommerce Solutions, Digital Marketing & Advertising Software, and Unique Innovation Partnerships.

 

You’ll also partner with key stakeholders and manage a driven team of sourcing professionals.

 

As a Senior Manager, your work will be valuable and visible. In addition, you'll have a mix of project-based work and recurring responsibilities.

 

Key strategic efforts will include developing category strategies, elevating your team, and building strong business partner relationships. Other project-based work will directly impact our bottom line, including cost reduction/avoidance, risk mitigation, supply assurance, efficiencies, and innovation.

 

• Lead, train, and develop a team of sourcing professionals
• Build strong relationships with department leaders
• Deliver savings and other types of value
• Develop category strategies and oversee the development of your team’s category strategies
• Facilitate strategic sourcing events and requests for proposals (RFP)
• Track and negotiate key supplier agreements
• Drive continuous improvement within the sourcing organization
  
  

Strategy and Planning

• Analyze spend data to create sourcing strategies for specific departments or categories
• Meet with department stakeholders regularly and annually to plan sourcing, contracting, and procurement activities to support Ulta's overall plan

Stakeholder Partnership

• Partner with stakeholders to optimize value, improve processes, rationalize Ulta's supply base, leverage Ulta's growth, and reduce costs.
• Cultivate and strengthen relationships with our suppliers, internal partners, affiliates and professional organizations
• Host regular stakeholder leadership meetings to stay aligned on the needs of the business and to provide two-way feedback on performance
• Monitor and track expiring contracts for the categories and departments you support

Sourcing and Procurement Best Practices

• Champion Ulta’s sourcing, contracting, and procurement process throughout the organization
• Conduct and oversee our key bids/quotes (RFP) and contracting activities, using eSourcing and eContract Management software as appropriate
• Work closely with our procurement teammates to create accurate purchasing transactions – purchase requests, purchase orders, blanket orders, etc.
• Join our Sourcing Continuous Improvement Team to research, develop, and implement improved processes. Help bring-to-life improvements in our sourcing process, analysis, category strategies, our technologies, negotiations, and training

Contracting

• Draft, negotiate, and lead the finalization of complex agreements, including developing negotiation strategies and ensuring stakeholder collaboration
• Serve as liaison between Legal Services and internal stakeholders (IT Risk,
• Ensure contracts are executed correctly and maintained Ulta's contract database (training provided)

People Leadership

• Empower your team to achieve and grow - listen, coach, and support
• Lead by example - follow our Sourcing Expectations; deliver regular, candid feedback to teammates when they have questions or miss the mark
• Practice empathy, celebrate wins, and add to the positive culture we're all proud to be part of

 

THE ESSENTIALS FOR SUCCESS:

 

Qualified candidates will have a Bachelor's degree in a related field and a minimum of seven (7) years of relevant sourcing or procurement experience, including people leadership.  Additional requirements include:

• Track record of managing direct reports that succeed and grow
• A history of curiosity, education, and personal growth
• Excellent working knowledge of sourcing, contracting, and procurement best practices
• Proven negotiation skills and deep understanding of negotiation strategies; professional certifications or training is a plus
• Thorough understanding of contracts with the ability to create, draft, prepare, revise, review and negotiate complex contract terms
• Confident verbal and written communicator. Ability to present to various levels (C-suite to Front Desk) and audiences (1:1 to large teams) inside and outside of the organization
• Experience leading cross-functional teams
• Strong partnering and influencing skills across multiple levels within the organization
• Advanced proficiency with Excel and PowerPoint. Comfort with Microsoft Teams and SAP Ariba.
• The ability to learn sourcing, purchasing, and contracting software systems (training provided)
• Creative, unselfish problem solver
• A collaborative and inclusive mindset
• Prior consulting experience preferred
• Project management skills and experience a plus
• Participation in external industry events, membership in sourcing, purchasing or contracting organizations such as ISM, SIG, ProcureCon, or others
• CPSM, CPM, CCM and related certifications preferred

SPECIAL POSITION REQUIREMENTS

• Occasional travel required 

WORKING CONDITIONS

• Ulta “FlexWork” – three (3) days in office every other week (bi-weekly) with the remainder remote

#LI-Hybrid

#LI-JB2

 

The pay range for this position is $102,900.00 - $150,000.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company’s bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part-time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta

ABOUT

At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full-service salon in every store featuring—hair, skin, brow, and make-up services.

 

We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.

Salary : $102,900 - $150,000