Strategic Sourcing Manager, External Manufacturing

Mars Incorporated in; Chicago (IL); Hybrid; USD 108,000 - 149,000; Full time

Job summary

Mars Incorporated is seeking a Strategic Sourcing Manager for External Manufacturing (Finance) to lead contract manufacturing sourcing and spend ownership. You will collaborate with cross-functional stakeholders to drive value, standardize processes, and optimize resources while managing supplier relationships and risk.

The role requires strategic procurement expertise, supplier development, and a global perspective with a hybrid work arrangement and comprehensive benefits.

Qualifications

• 5+ years of procurement experience.
• A passion for developing strong relationships with supplier and cross functional stakeholders both domestically and internationally.
• Bachelor’s degree at a minimum.

Responsibilities

• Strategic sourcing for contract manufacturing.
• Develop and implement contract manufacturing sourcing strategy.
• Identify and develop a supply base.
• Recommend business allocation.
• Manage price, supply, service, legal and intellectual property risks.
• Forecast price volatility, define means to protect the business against the volatility and manage variance.
• Identify and deliver cost savings initiatives and cash improvements.
• Drive supply chain optimization.
• Supplier relationship management.

Skills

Procurement experience

Stakeholder relationships

Bachelor's degree

Education

Bachelor's degree

Job description

Strategic Sourcing Manager, External Manufacturing (Finance)

Job Description:

As a Strategic Sourcing Manager at Mars you will partner closely with the Associate Director and Sourcing Managers to drive development & implementation of sub-category buying strategies and co-pilot optimization of resources. You'll manage regional initiatives by leveraging supplier relationships, while also driving standardization and automation. Ownership of sub-category spend on a global basis will be key, as will heavy x-functional collaboration and close partnership with key stakeholders.

This strategic sourcing role is responsible for the strategic procurement of external manufacturing, specifically contract manufacturing for Mars Snacking North America. The job holder will work with cross functional stakeholders and suppliers to deliver value for money and ensure supply chain continuity through implementation of an external manufacturing sourcing strategy, supplier development and supply chain optimization. This role will leverage procurement expertise, risk management and relationship management skills.

What are we looking for?

• 5+ years of procurement experience.
• A passion for developing strong relationships with supplier and cross functional stakeholders both domestically and internationally.
• Bachelors degree at a minimum.

What will be your key responsibilities?

• You will recommend and implement supply base strategy, including assessing and developing suppliers.
• Benchmarking, leading RFP activity and driving the qualification/implantation of new suppliers. You will also manage supplier governance, including supplier performance auditing.
• Direct oversight of $75M+ in spend.

You will be responsible at a minimum for:

• Strategic sourcing for contract manufacturing
• Develop and implement contract manufacturing sourcing strategy
• Identify and develop a supply base
• Recommend business allocation
• Manage price, supply, service, legal and intellectual property risks
• Forecast price volatility, define means to protect the business against the volatility and manage variance
• Identify and deliver cost savings initiatives and cash improvements
• Drive supply chain optimization
• Supplier relationship management

What can you expect from Mars?

• Work with diverse and talented Associates, all guided by the Five Principles.
• Join a purpose driven company, where we're striving to build the world we want tomorrow, today.
• A strong focus on learning and development support from day one, including access to our in-house Mars University.
• An industry competitive salary and benefits package, including company bonus.

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The base pay range for this position at commencement of employment is between the range listed below, however, base pay offered may vary depending on multiple individualized factors, including but not limited to job-related knowledge, skills, and experience.The total compensation package for this position will include variable pay, medical and dental benefits, participation in 401k plan, and paid time off benefits.Details of participation in these benefit plans will be provided if an applicant receives an offer of employment.

The pay range shown is applicable to all US locations listed within the job posting:USD 108,160.00 - USD 148,720.00