Strategic Sourcing Associate

MGM Resorts

Las Vegas (NV)

On-site

USD 65,000 - 90,000

Full time

4 days ago
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Benefits offered by this job

Wellness programs
Hotel, dining & entertainment perks
Free parking
Healthcare support & financial help
Career development & volunteering

Job summary

MGM Resorts International in Las Vegas seeks an Associate - Strategic Sourcing to support category strategies, develop sourcing programs, and manage vendor communications.

You will collaborate with internal stakeholders, help prepare RFPs, assist in contract negotiations, and monitor supplier performance to ensure compliance with sustainability goals.

Join a dynamic team focused on cost savings, supplier diversity, and responsible procurement within the hospitality industry.

Qualifications

  • 2+ years of procurement or sourcing experience required.
  • Experience supporting bid processes (RFI, RFP, informal bids) and supplier evaluation.
  • Exposure to contract negotiation and supplier relationship management.
  • CPM or CPSM certifications are a plus.

Responsibilities

  • Assist in leading strategic sourcing initiatives for assigned categories.
  • Conduct financial and spend analysis to identify trends and cost-saving opportunities.
  • Support market and supplier analysis to identify potential sourcing opportunities.
  • Collaborate with internal stakeholders to understand property requirements.
  • Assist in developing sourcing plans aligned with category strategies.
  • Participate in cross-functional project teams to support project implementation and compliance.
  • Help develop and manage RFPs, including issuing and analyzing responses.
  • Support contract negotiation and execution in coordination with Corporate Legal.
  • Assist in developing and executing project rollout plans to ensure successful implementation and compliance.
  • Monitor supplier performance and prepare reports on purchase trends and program adherence.
  • Support identification and development of diverse and alternative suppliers aligned with sustainability goals.
  • Assist in identifying solutions to sourcing and supplier-related issues.

Skills

Procurement experience
RFP processes
Vendor relationship management

Education

Bachelor's degree in business, supply chain or related field

Tools

RFP software familiarity

Job description

Las Vegas, Nevada

The SHOW comes alive at MGM Resorts International

Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.

The JOB:

The Associate - Strategic Sourcing supports the execution of strategic sourcing activities for assigned categories. This role assists in developing sourcing programs, managing vendor communications, and performing detailed analysis to support category strategies for MGM Resorts International and subsidiaries. All duties must comply with departmental and company policies, practices, and procedures.

The DAY-TO-DAY:
  • Assist in leading strategic sourcing initiatives for assigned categories.
  • Conduct financial and spend analysis to identify trends and cost-saving opportunities.
  • Support market and supplier analysis to identify potential sourcing opportunities.
  • Collaborate with internal stakeholders to understand and clarify property requirements.
  • Assist in developing sourcing plans aligned with category strategies.
  • Participate in cross-functional project teams to support project implementation and compliance.
  • Help develop and manage Request for Proposals (RFPs), including issuing and analyzing responses.
  • Support contract negotiation and execution in coordination with Corporate Legal.
  • Assist in developing and executing project rollout plans to ensure successful implementation and compliance.
  • Monitor supplier performance and prepare reports on purchase trends and program adherence.
  • Support identification and development of diverse and alternative suppliers aligned with sustainability goals.
  • Assist in identifying solutions to sourcing and supplier-related issues.
The IDEAL CANDIDATE:
  • Bachelor's degree in business, supply chain, or related field Preferred
  • 2+ Years of Prior Relevant Experience in procurement or sourcing experience Required
  • Experience supporting bid processes (RFI, RFP, and informal bids) and supplier evaluation.
  • Experience with strategic sourcing in direct and indirect categories.
  • Exposure to contract negotiation and supplier relationship management.
  • Professional certifications such as CPM or CPSM are a plus.
The PERKS & BENEFITS:
  • Prioritize your wellness, access programs crafted to nurture your mental and physical health.
  • Enjoy unbeatable discounts on hotel stays, dining, retail, entertainment, and exclusive partner perks for travel, tech, and beyond!
  • Park with ease-whether you're on or off shift, it's free!
  • From healthcare to financial support and generous time-off options, we've got you covered.
  • Elevate your career with development programs, connect through networking events, and make a difference with community volunteer opportunities.

VIEW JOB DESCRIPTION: https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=12733

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