Strategic Sourcing Manager / Indirect Services

7-Eleven, Inc; Irving (TX); On-site; USD 80,000 - 110,000; Full time

Job summary

An established industry player is seeking a Strategic Sourcing Manager to lead sourcing and procurement activities for indirect services. This role is pivotal in developing sourcing strategies, negotiating contracts, and managing supplier relationships to drive cost savings and support organizational growth. The ideal candidate will leverage data analysis to inform decisions, collaborate with various stakeholders, and mentor a team. Join a dynamic environment where your contributions will significantly impact the company's success and sustainability initiatives.

Qualifications

• 5+ years of relevant work experience, with 3+ years in management preferred.
• Bachelor's degree or equivalent preferred.

Responsibilities

• Oversee sourcing and procurement for indirect services.
• Negotiate contracts and maintain supplier relationships.
• Develop sourcing strategies using data-driven insights.

Skills

Data Analysis

Contract Negotiation

Supplier Relationship Management

Leadership Skills

Problem-Solving

Education

Bachelor’s Degree

Tools

MS Office

Excel

PowerPoint

Job description

Job Summary

The Strategic Sourcing Manager oversees sourcing and procurement activities related to Indirect Services for the Store Support Center, including Finance/Tax, Accounting, Treasury, HR, Legal, and Licensing departments. Responsibilities include requirements gathering, RFP creation, proposal evaluation, contract negotiations, process oversight, and contract administration. The role involves developing sourcing strategies using data-driven insights to achieve significant savings, implementing procurement best practices, managing contract lifecycle, and building supplier relationships to support 7-Eleven's growth.

Key Duties and Responsibilities

1. Collaborate with leadership and stakeholders to understand business needs and define requirements.
2. Use data analysis to develop insights, facilitate decisions, and develop sourcing strategies to mitigate risk and improve performance and costs.
3. Identify suppliers, execute sourcing events like RFx, analyze results, and develop negotiation strategies.
4. Negotiate contracts to optimize spend, reduce risk, and achieve favorable terms.
5. Maintain strong relationships with stakeholders, contractors, and suppliers for effective execution and issue resolution.
6. Stay informed on market trends and technology to evaluate external impacts on procurement.
7. Prepare reports and presentations for leadership and stakeholders.
8. Support supplier reviews, governance, and category strategy meetings.
9. Assess potential suppliers for qualification, capabilities, quality, and financial stability.
10. Recommend projects that drive cost reduction, risk mitigation, and quality improvement.
11. Support product and service management, coordinate testing, and communicate recommendations.
12. Participate in advancing corporate sustainability initiatives through sourcing.
13. Manage and mentor direct reports.

Leadership Competencies

• Independent work with guidance to direct reports and stakeholders.
• Strong leadership, organization, coaching, and influencing skills.
• Effective communication across all levels, including executives.
• Manage sourcing teams and drive change management.
• Problem-solving skills with data analysis and root cause identification.
• Decision-making, initiative, and autonomous action.
• Adaptability and quick learning of new business challenges.
• Effective collaboration and communication with internal and external teams.
• Track and report sourcing project metrics.

Education and Experience

Education: Bachelor’s degree or equivalent preferred.

Experience: Minimum of 5+ years relevant work experience; 3+ years in management preferred.

Knowledge and Skills

• Developing bid analysis and cost models for strategic sourcing decisions.
• Supervisory experience is a plus.
• Leading sourcing teams, executing RFx, and conducting complex negotiations preferred.
• Successful contract negotiation experience, managing RFQ/RFP processes.
• Experience procuring indirect services like professional, contingent labor, recruiting, financial, training, or audit services preferred.
• Proficiency in MS Office, especially Excel, Outlook, and PowerPoint.