Sourcing Manager

MX02 Richemont de Mexico S.A.deCV.; Ciudad de México; On-site; MXN 1,200,000 - 2,400,000; Full time

Job summary

MX02 Richemont de Mexico S.A.deCV. seeks a Sourcing Manager to own end-to-end procurement across direct and indirect categories in Mexico City. You will lead RFx events, shortlisting, bid evaluation, and supplier performance management while aligning with Finance, Legal, Operations, and Store Development.

You will drive negotiated savings, implement ESG sourcing criteria, and ensure compliance with local regulations, reporting to the Regional Sourcing Director.

Qualifications

• Owns end-to-end sourcing execution for assigned categories.
• Runs RFx events, supplier shortlisting, and bid evaluation.
• Tracks savings and supplier performance.
• Ensures compliance and regulatory requirements in Mexico.
• Leads negotiations with Legal and stakeholders.
• Drives digital procurement and RFx workflow improvements.
• Incorporates ESG criteria into sourcing decisions.

Responsibilities

• Owns end-to-end sourcing execution for assigned indirect/direct categories.
• Runs RFx events, supplier shortlisting, and bid evaluation within category strategy.
• Maintains category spend baselines and pipeline of sourcing opportunities.
• Tracks project-level procurement bid opportunities and vendor performance.
• Coordinates with Real Estate, SDP PM, VM, and Marketing teams on category needs.
• Delivers negotiated savings and tracks savings vs KPIs.
• Manages supplier relationships and conducts quarterly business reviews.
• Ensures sourcing activity complies with local Mexico requirements and internal controls.
• Leads contract negotiations and drafts standard terms with Legal support.
• Operates and drives adoption of P2P platforms within categories.

Skills

Strategic Sourcing

Category Management

RFx events

Negotiation

Supplier relations

ESG sourcing

Stakeholder leadership

Team mentorship

Tools

SAP

P2P platforms

Job description

Richemont, one of the world leaders in the luxury sector, has various Houses specializing in jewelry, watches and high-end accessories. Each Maison proudly embodies a tradition of style, quality and craftsmanship and Richemont strives to preserve the heritage and identity specific to each of them. At the same time, we are committed to innovating and designing new products in line with the values of our Houses, through a process of permanent creativity. The Sourcing Manager is a key member of the regional Strategic Sourcing team, responsible for driving category strategy, delivering measurable savings, and managing supplier relationships across a defined portfolio of direct and indirect spend categories, including store construction procurement. The role supports Mexico market and partners closely with Finance, Legal, Operations, and Store Development to ensure sourcing decisions support the company's growth, cost, risk, and sustainability objectives. This position reports to the Regional Sourcing Director and is based in Mexico City.

Key responsibilities:

Strategic Sourcing & Category Management

• Owns end-to-end sourcing execution for assigned indirect/direct categories
• Runs RFx events, supplier shortlisting, and bid evaluation within category strategy set by leadership
• Maintains category spend baselines and pipeline of sourcing opportunities
• Store Construction/Marketing Procurement Sources key vendors for construction/marketing (e.g., GC, millwork, event agencies)
• Tracks project-level procurement bid opportunities and vendor performance against store opening schedules
• Coordinates with Real Estate, Maison SDP PM, Visual Merchandising, and Marketing teams on category-specific requirements/needs

Savings & Value Delivery

• Delivers negotiated savings and cost-avoidance targets for assigned categories
• Tracks and reports savings performance against quarterly KPIs using standard methodology

Supplier Relationship & Performance Management

• Manages day-to-day relationships and performance reviews for a defined supplier base
• Runs quarterly business reviews for mid-tier suppliers (SDP, Marketing etc.)

Compliance, Risk & Regulatory (Mexico + Global)

• Ensures sourcing activity complies with local Compliance requirements in Mexico and internal audit controls
• Implements Compliance requirements for sourcing vendors and drives policy adoption

Contract Negotiation & Commercial Structuring

• Leads negotiations for contracts working with stakeholders and Legal
• Drafts and redlines standard legal & commercial terms with Legal support

Digital Procurement & Systems/Technology

• Operates and drives adoption of the company's designated P2P platforms (e.g., SAP, or other systems available) within assigned categories
• Contributes to digitization of RFx and contract workflows

Sustainability & ESG Sourcing

• Incorporates ESG criteria (environmental standards, ethical sourcing) into RFxs
• Collects, validates, and maintains supplier ESG data (environmental, social, and governance metrics) for assigned categories

Supply Chain Resilience & Risk Management

• Execute supplier diversification and dual-sourcing plans for assigned categories
• Monitors category-level risk indicators (single-source exposure, lead-time volatility) and escalates emerging supply risk

Stakeholder & Cross-Functional Leadership

• Partners with category stakeholders (Finance, Legal, Operations, Store Development) on sourcing initiatives
• Works closely with Finance team members to validate savings, align on budget impact, and support forecasting for assigned categories
• Communicates sourcing progress and risks to functional stakeholders

Team Leadership & Talent Development

• Build relationships with internal Stakeholders in Mexico and HQ
• May mentor 1–2 junior buyers/analysts on an informal or project basis
• Primarily an individual contributor with direct category ownership

#Richemont #WeCraftTheFuture In our Group, you can start anywhere and go everywhere. Internal mobility is one of the best growth accelerators to develop within Richemont and our Maisons. We encourage our people to be curious, drive their own career, and dream big.