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Procurement Manager, Sourcing
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Company Description
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Position Overview
Responsible for execution of strategic sourcing and category management activities for assigned Digital, Marketing & Advertising (Media, CRM, Agencies, Martech, Loyalty, Photo & Video Shoots, Modeling Agencies, Event Production), spend categories. As a part of RLC’s Strategic Sourcing practice, Manager will lead in facilitating requirements gathering, conducting research and data analysis to facilitate the implementation of value creation opportunities. Manager interacts and works closely with project teams and manages day to day activities for assigned projects and initiatives. Reports to the Procurement Lead, NA Strategic Sourcing. Experience in analysis, sourcing & procurement for the Digital, Marketing & Advertising category as well as a desire to learn are essential. Ability to manage initiatives from inception to completion.
Essential Duties & Responsibilities
Develop category strategy and approach in accordance with overall strategy of Global Procurement including:
Development of Category-Specific Strategies with focus on Digital, Marketing & Advertising
Development of Key Stakeholder Relationships in an area with no previous Procurement involvement
Aligning category strategy to stakeholder prioritization and developing category road map
Prioritization, Planning of Strategic Sourcing Initiatives, then driving initiatives through to completion
Identification of Global vs Region-Specific Opportunities
Management of Project Timelines
Lead execution of Strategic Sourcing events in accordance with Ralph Lauren sourcing methodology including:
Development of Project Baselines and Spend Profiles
Development of Industry & Vendor Profiles
Development of RF(x) Documents
Prepare and Lead Vendor Negotiations
Development and Implementation of Supply Agreements
Provide support for Global Procurement initiatives as required:
Spend Analytics and Assessment
Procurement Performance Reporting and Savings
Procurement Policy and Process Compliance
Coordination of Financial Capture of Sourcing Outcomes
Supplier Relationship Management
Oversight of Strategic Sourcing Analysts’ day-to-day activities including:
Strategic Sourcing Support
Category and Vendor Management
Financial Analysis and Reporting coordination to validate savings regularly
Experience, Skills & Knowledge
Experience in business, or a related field preferred
* 5+ years of experience in Strategic Sourcing, Project Management, Financial Analysis / Reporting, and Contract Management required
* 3+ years of Digital, Marketing & Advertising category-specific Strategic Sourcing experience required
* Experience leading RF(x) events required - experience with Workday/ Scout e-sourcing an asset
* Professional certifications are an asset (APICS, CPIM, NAPM etc.)
* ERP knowledge preferred; SAP experience an asset
* SKILLS:
* Analytical, influencing, facilitating, team building, strategic thinking, solution oriented, process-driven, people management
* Knowledge of sourcing & procurement practices & fundamentals
* Ability to influence key stakeholders toward sustainable change even when faced with ambiguity
* Independent achiever & self-starter with commitment to superior quality and accuracy
* Strong ability to analyze and organize data
* Ability to execute under time sensitive deadlines and work effectively dynamic environment
* Highly self-motivated with the ability to drive change in a decentralized organization
* Strong written and oral communication skills
* Advanced skills in preparing and delivering presentations required.
* Ability to travel domestically / abroad as needed
* Advanced Microsoft Office Suite--Word, Excel, PowerPoint (Project a plus)