Strategic Sourcing Manager - Technology Sourcing

MGM Resorts; Las Vegas (NV); On-site; USD 120,000 - 170,000; Full time

Job summary

MGM Resorts International in Las Vegas seeks a Strategic Technology Sourcing Senior Manager to lead sourcing activities for technology products and services across its many properties. You will develop consolidated RFx documents, collaborate with internal teams, and ensure compliant vendor engagements.

The ideal candidate has a bachelor's degree in a related field, 5+ years of strategic sourcing experience, and proficiency with contract lifecycle management tools.

Qualifications

• Bachelor's Degree in Supply Chain Management, Business Administration, or a related field.
• 5+ years of relevant experience in strategic technology sourcing.
• Experience with CLM tools and contract lifecycle management.
• Experience with RFI/RFP processes and supplier negotiations.
• Experience redlining/blacklining agreements and CLM.
• Experience in a resort or hospitality setting is a plus.

Responsibilities

• Manage or support technology sourcing efforts for assigned technology-related products and services across MGM Resorts properties.
• Develop and issue RFPs, RFQs, and RFIs and conduct analysis to determine award scenarios with internal teams.
• Ensure NDAs and probity reviews are executed; ensure IT compliance with gaming jurisdictions as needed.
• Lead supplier negotiations and write performance-driven contracts for assigned projects.
• Collaborate with cross-functional teams to develop SOWs with supplier performance metrics.
• Conduct financial and spend analysis to identify trends and cost reduction opportunities.
• Obtain business, legal, and risk signoff on all documents and manage contract repository.
• Identify new suppliers and provide solutions to identified issues; develop strategic initiatives.

Skills

Strategic sourcing

Contract negotiations

RFP/RFQ/RFI processes

Cost reduction

Education

Bachelor's degree in Supply Chain Management

Bachelor's degree in Business Administration

Tools

CLM tools

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 Strategic Technology Sourcing Senior Manager will manage sourcing activities and projects for assigned categories as determined by Technology Sourcing leadership.

The categories include sourcing and contract activities for technology products and services in the following verticals of retail, gaming, general technology products, desktop, telecom, network, security/surveillance, consulting, staff augmentation, hotel, food & beverage, information security, human resources, global procurement, digital marketing, revenue management, entertainment, financial/analytics, media technology, and marketing for MGM Resorts International and subsidiary companies.

All duties are to be performed in accordance with departmental and MGM Resorts International policies, practices and procedures.

THE DAY-TO-DAY:

Manage or support technology sourcing efforts for assigned technology related products and services required by the company's technology departments, business departments, Centers of Excellence (COE's), and MGM Resorts International's various properties.

Develop and issue comprehensive, consolidated, global Requests for Proposal (RFP's), Request for Quotes (RFQ's), Request for Information (RFI's) and conduct RFx analysis to assist in determining award scenarios by collaborating with internal business teams, technology departments, and COE's as required.

Ensure Non-Disclosure Agreements (NDA's) are executed as needed.

Ensure probity reviews are conducted as necessary.

Work with IT compliance to ensure suppliers are compliant with gaming jurisdictions if required.

Lead, prepare and execute supplier negotiations. Negotiate and write performance driven supplier contracts for assigned projects.

Expert knowledge of business terms, legal terms, pricing terms, ability to redline/blackline contractual agreements (which includes, but not limited to lease agreements, product and services agreements, amendments, addendums, SOW's, change orders, order forms, letters of termination, contractual documentation related to supplier disengagement process, contract renewals, and maintenance agreements) and work with suppliers, internal business teams, COE's, technology departments, Corporate Legal, Security and Risk to accomplish these tasks.

Collaborate with cross-functional internal teams to determine business success factors, expectations, and requirements to ensure appropriate statements of work are being developed by internal teams and include supplier performance metrics to ensure that such statements of work ("SOW") are performance driven to hold the supplier accountable during the performance of their obligations.

Conduct financial and spend analysis with the ability to quickly identify trends and discrepancies as needed.

Collaborate with internal business departments, technology departments, and COE's to identify company-wide cost reduction opportunities, using techniques such as Total Cost of Ownership, supplier rationalization, demand management, make/buy and lease/buy analysis, where appropriate.

Obtain business, legal, and risk signoff on all contractual documents and process documents to obtain authorized signatures from internal contracting entity and supplier; Ensure all executed contractual documents (i.e. Non-Disclosure Agreements, Statements of Work, Master Agreements, etc) are shared with appropriate parties and uploaded in the contract repository.

Collaborate with internal business teams, COE's and technology departments to identify new suppliers as required.

Provide solutions to identified issues.

Identify opportunities and make recommendations on strategic initiatives to management.

Develop technology supplier relationships and identify qualified diverse suppliers for bidding opportunities.

THE IDEAL CANDIDATE:

• Bachelor's Degree Required
• Supply Chain Management, Business Administration, or a related field Required
• 5+ Years of Prior Relevant Experience
• Strategic sourcing experience with a focus on Technology sourcing
• Required
• Previous experience working in a similar resort setting.
• Experience with Contract Lifecycle Management toolsets ("CLM").
• Experience conducting bid processes (RFI, RFP and informal bids) and negotiating supplier agreements.
• Experience redlining/blacklining agreements and other contractual documentation.
• Experience with the knowledge of contractual language (limit of liability, insurance, pricing, indemnification, etc).
• Experience in facilitating and processing contractual documentation through its lifecycle.
• Experience and working knowledge of Agreements, Statements