Strategic Sourcing Lead - Operations

Saks Fifth Avenue; New York (NY); Remote; USD 96,000 - 125,000; Full time

Job summary

Saks Fifth Avenue is seeking a Strategic Sourcing Manager who will lead sourcing events, negotiate contracts, and analyze indirect spending to drive value and minimize risks. This role involves collaborating with multiple corporate functions, managing supplier relationships, and supporting procurement processes. Candidates should have a BS/BA degree and at least 5 years of relevant experience in strategic sourcing, with strong analytical and communication skills.

Benefits

Benefits package for full-time employees (medical, vision, dental)

Amazing employee discount

Healthy work/life balance culture

Qualifications

• 5+ years of experience in Strategic Sourcing for various operational products.
• Proven experience in leading sourcing projects and contract negotiations.
• Ability to drive savings and value through strategic sourcing initiatives.

Responsibilities

• Lead indirect sourcing initiatives for a multitude of Supply Chain/Operations products.
• Conduct total cost modeling and scenario analysis.
• Develop and manage relationships with business stakeholders.

Skills

Negotiation

Relationship-building

Communication

Analytical Skills

Leadership

Education

BS/BA in supply chain management, engineering, or business

Job description

Salary Range $96,000 - $125,000*

Job Description:

Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world.

On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services.

As a Strategic Sourcing Manager in Strategic Sourcing & Procurement, you’ll be responsible for: developing and leading strategic sourcing events; writing and negotiating contract terms and documents; and analyzing spend associated with specific indirect spend categories. You will develop sourcing strategies that positively impact bottom-line results/value while minimizing risks, foster internal and external relationships, and work with internal stakeholders to educate and promote the procurement policies.You will report to a Director of Strategic Sourcing.

Role Description

• Simultaneously Lead indirect sourcing initiatives for a multitude of Supply Chain/Operations Products & Services, as well as building successful sourcing strategies, driving strategic improvements, and delivering on operational targets, savings goals, and business strategies
• Conduct total cost modeling and sensitivity/scenario analysis to help team members understand trade-offs and benefits to multiple outcomes
• Assist with the analysis and planning for various components of indirect spend categories to ensure operational success and results
• Use sourcing tools to support departmental efforts to refine and improve procurement processes and policies
• Develop and manage relationships with business stakeholders and provide regular project status updates
• Partner with multiple corporate functions (e.g., Financial Planning & Analysis, Accounting, Legal, etc.) as part of your sourcing projects and related activities
• Review, revise, and negotiate contract language
• Assist in the development and management of strategic and complex contract renewals
• Engage in supplier relationship activities (e.g., regular business reviews, vendor score carding, etc.)
• You will take ownership of projects and bring them to completion understanding that the results will have an impact on the department's goals

Key Qualifications

• BS/BA degree preferably in supply chain management, engineering, or business
• 5+ years of experience in Strategic Sourcing for Supply Chain/Distribution Center Services, Packaging and Customer Supplies, Facilities Services, and other Operational Products & Services
• Demonstrated capabilities of leading sourcing projects, contract negotiations and authoring, and driving savings/value
• Strong relationship-building, verbal and written communication, interpersonal, motivational, and influencing skills; coordination across related disciplines and with key stakeholders
• Experience coordinating teams, collecting insights, and constructively challenge internal stakeholders with conventional thinking
• Understanding of multi-step strategic sourcing processes, sourcing tools, and strategies

Preferred Qualifications (nice to haves):

• Experience sourcing and contracting for facilities services, restaurant operations, and call center operations
• Experience in the luxury retail market

#LI-Remote

Your Life and Career at Saks Global:

• Exposure to rewarding career advancement opportunities
• A culture that promotes a healthy, fulfilling work/life balance
• Benefits package for all eligible full-time employees (including medical, vision and dental).
• An amazing employee discount

Thank you for your interest in Saks Global. We look forward to reviewing your application.

Saks Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Saks Global complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Saks Global welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.