Associate Sourcing Manager - Store Equipment

7 Eleven; Irving (TX); On-site; USD 85,000 - 110,000; Full time

Job summary

7-Eleven seeks an Associate Sourcing Manager to drive procurement of store equipment and related services, including asset protection, across its retail network. You will lead sourcing events, evaluate proposals and negotiate favorable terms with suppliers.

In this role you’ll partner with business stakeholders to improve cost, quality and service levels while ensuring adherence to sourcing policies and processes.

Qualifications

• Bachelor's degree (or equivalent experience) strongly preferred.
• Minimum of 3+ years required.

Responsibilities

• Executes sourcing processes including data/spend analysis, bidding, contract negotiations and execution.
• Builds relationships with cross-functional stakeholders to support sourcing goals.
• Leads RFx events, bid analysis and negotiation strategies.
• Negotiate contracts and renewals to optimize spend and terms.
• Identify potential suppliers and perform market research.
• Support legal in key contract negotiations and remedies.
• Present financial analyses and recommendations clearly.

Skills

Financial modeling

Negotiation

Purchasing terms

Cost analysis

Legal compliance

MS Office

Communication

Forecasting

Education

Bachelor's degree (or equivalent experience)

Tools

MS Excel

MS PowerPoint

MS Outlook

Job description

7-Eleven is an iconic family of brands with over 86,000 locations, surpassing every retailer in the world. We revolutionize convenience, restaurants and fuel through cutting edge innovation — working hard to be the customer's first choice. 7-Eleven empowers our employees to "activate awesome" and make a meaningful impact in their stores and communities every day. If you're ready to grow, lead and make a difference, come join our team and help shape the future of convenience.

Job Summary

As the Associate Sourcing Manager, you will be responsible for sourcing/procurement related activities and processes associated with the acquisition of products and services, which will include store equipment (store fixtures, food & beverage equipment, refrigeration, HVAC, signage, parts and building materials) as well as related services, including Asset Protection This includes requirements gathering, creating and issuing Request for Proposal (RFP), proposal evaluation, contract negotiations, contract drafting and administration with the goal to improve spend and quality performance. This role supports Sourcing Managers or Directors and ensures compliance with 7-Eleven sourcing policies and processes. As an Associate Sourcing Manager, you will partner with business stakeholders and suppliers to execute procurement/sourcing activities while building collaborative relationships to deliver improved cost and service levels.

KEY DUTIES AND RESPONSIBILITES

• Executes 7-Eleven sourcing processes which include data/spend analysis, strategic planning and market research, scoping, bidding, contract negotiations and execution, compliance, and supplier management activities for assigned categories.
• Build and maintain collaborative relationships with cross functional stakeholders to develop and execute sourcing processes that support business goals
• Build and execute various RFx/sourcing events, performing bid analysis and providing feedback to stakeholders and collaborate on negotiation strategies.
• Manage suppliers/contractors based on specifications and contractual requirements to ensure effective execution, implementation and prompt resolution of any issues that may arise.
• Negotiate contracts and contract renewals with suppliers to source/procure products or services needed for categories to optimize spend, reduce risk, achieve favorable terms and drive towards optimized total-cost-of-ownership.
• Identify/interview potential suppliers and evaluate supplier capabilities to determine if supplier is qualified to produce and/or supply products or services. Perform market research in applicable areas.
• Ability to support legal in key contract negotiations such as pricing, performance measures, and breach of contract remedies and termination options.
• Participate in cross-functional discussions with stakeholders. Provide clear and concise progress updates.
• Demonstrate ability to build and analyze financial models to evaluate proposal scenarios and present recommendations in a clear and concise format.

KEY LEADERSHIP COMPETENCIES

• Ability to work well with both business stakeholders and suppliers, in a fast-paced, self-directed environment.
• Understand leaders’ intent and strategic goals and how to translate that into actions that needs to be taken
• Ability to provide suggestions and collaborate with team and stakeholders to solve problems by assessing the situation, leveraging and analyzing relevant data, identifying root cause and developing potential solutions.
• Adapt to change, ability to quickly learn details of new business challenges and identify dependencies and impacts of other key initiatives.

Education And Experience

EDUCATION:

Bachelor’s degree (or equivalent experience) strongly preferred.

YEARS OF RELEVANT WORK EXPERIENCE:

Minimum of 3+ years required

Specific Knowledge And Skills

• Demonstrate ability to build and analyze financial models to evaluate proposal scenarios and present recommendations in a clear and concise format.
• Strong organizational skills, understanding of legal aspects, negotiating skills, purchasing terminology, cost analysis, and legal compliance regulations
• Experience and background in store equipment (store fixtures, food & beverage equipment, refrigeration, HVAC, signage, parts and building materials) as well as related services, including Asset Protection in retail, food service or restaurants and sourcing/procurement of products/services in this space strongly preferred.
• Forecasting and Demand Planning: Coordinate demand forecasting efforts and support day-to-day business as needed.
• Supply Chain Issue Resolution: Troubleshoot and resolve operational and supply chain challenges to ensure timely product availability, consistency and performance.
• Supplier & New Item Setup: Support onboarding of new suppliers and product setups, ensuring compliance and efficient integration.
• Proficient with MS Office suite – including MS Excel, Outlook, and Powerpoint.
• Verbal and written communication skills that can clearly communicate with various internal stakeholders, team members and suppliers

If an hourly or salary range is included in this ad it represents the range 7-Eleven in good faith believes is the range of compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in this state. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, long-term incentive compensation, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

For a general description of all benefits 7-Eleven is offering in the US for the position, please visit this link.

For a general description of all benefits 7-Eleven is offering in Canada for the position, please visit this link.