Strategic Sourcing Lead, Indirect Procurement

Home Depot; United States; Remote; USD 60,000 - 100,000; Full time

Job summary

An innovative firm is seeking a Strategic Sourcing Lead to drive sourcing activities and support strategic initiatives. This role involves developing and executing sourcing strategies, conducting market and financial analysis, and managing supplier relationships. The ideal candidate will possess strong project management and communication skills, with a knack for negotiation and collaboration. Join a dynamic team where your contributions will directly impact operational efficiency and cost management. If you're ready to take on new challenges and make a difference, this role is perfect for you.

Qualifications

• 3+ years of experience in sourcing or procurement roles.
• Strong analytical skills with a focus on financial documentation.

Responsibilities

• Manage sourcing events and communications with stakeholders.
• Conduct financial analysis and market research for sourcing.

Skills

Project Management

Financial Analysis

Negotiation Skills

Market Analysis

Collaboration

Communication Skills

Mathematical Techniques

Education

Bachelor's Degree

High School Diploma or GED

Tools

Microsoft Office Suite

Microsoft PowerPoint

Job description

With a career at The Home Depot, you can be yourself and also be part of something bigger.

Position Purpose:

The Strategic Sourcing Lead role supports, leads, and executes sourcing activities with minimal supervision. The role will both support and own sourcing strategies that may include the development of request for proposals (RFP/RFI/RFQ), bid evaluations, supplier evaluation, development of negotiation strategy, negotiations, supplier selection, and contracting, market analysis, cost analysis and other ad hoc reporting. This role will support indirect products and services for The Home Depot, specifically facility maintenance and warehouse supplies for our distribution centers (Ex. Equipment, Services, Lanscaping, Operational supplies, etc). The incumbent will support the Managers and Directors in the development and execution of strategic sourcing initiatives.

Key Responsibilities:

• 35% Communication/Project Control/Project Management/Ad Hoc Reporting: Manage updates to Sourcing Systems and Projects, communications to internal stakeholders and suppliers. Provide support for sourcing events which includes, but not limited to timeline management, analysis, key communications, and RFx development.
• 30% RFx Development, Evaluation, and Analysis: Supports the gathering of requirements definitions, market analysis, supports the RFx process, analysis of supplier proposals, develop supplier recommendation and negotiation activities.
• 25% Financial/Cost Analysis: Conducts accurate financial analysis of spend details. Assist with the collection, analysis, and total cost ownership analytical activities.
• 10% Market Research/Category Management: Completes supply market research and presents learnings from research/analysis. Provides support for ad hoc reporting.

Direct Manager/Direct Reports:

• This position reports to the Strategic Sourcing Mgr/Sr Mgr.
• This position has 0 direct reports.

Travel Requirements:

• Typically requires overnight travel less than 10% of the time.

Physical Requirements:

• Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.

Working Conditions:

• Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.

Minimum Qualifications:

• Must be eighteen years of age or older.
• Must be legally permitted to work in the United States.

Preferred Qualifications:

• Bachelor's degree preferred
• Working knowledge of Microsoft Office Suite
• Working knowledge of presentation software (e.g., Microsoft PowerPoint)
• Demonstrated ability to collaborate and work effectively with cross-functional teams
• Ability to develop and apply advanced mathematical/statistical techniques
• Ability to draw accurate conclusions from financial documentation
• Demonstrated project management skills
• Ability to negotiate, handle complaints, settle disputes, and resolve grievances with both internal and external customers
• Excellent written and verbal communication skills

Minimum Education:

• The knowledge, skills and abilities typically acquired through the completion of a high school diploma and/or GED.

Preferred Education:

• No additional education

Minimum Years of Work Experience:

• 3

Preferred Years of Work Experience:

• No additional years of experience

Minimum Leadership Experience:

• None

Preferred Leadership Experience:

• None

Certifications:

• CPSM Certification

Competencies:

• Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm
• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives
• Communicates Effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences
• Decision Quality - Making good and timely decisions that keep the organization moving forward
• Manages Complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems
• Optimizes Work Processes - Knowing the most effective and efficient processes to get things done with a focus on continuous improvement
• Plans and Aligns - Planning and prioritizing work to meet commitments aligned with organizational goals
• Strategic Mindset - Seeing ahead to future possibilities and translating them into breakthrough strategies