The avp sourcing manager will execute and carry out the sourcing process, ensure supplier compliance during on-boarding and engagement for renewal time periods, review contractual agreements of assigned suppliers, including developing certain sourcing category strategies managed by the sourcing coe (center of excellence)In this role, you will manage and mitigate supplier as well as business risks and work closely with the business leaders and as needed with the vp category managers to do so.
Regularly meet with business owners across synchrony lines of businesses (lobs) and/or vp category leaders to provide guidance and direction to functional teams, with strong process responsibility to develop comprehensive plan to execute while meeting business needs (i.e., examine scope, cost, availability of products/services and market conditions to complete projects).
Drive sourcing initiatives with focus on driving productivity, cost saving benefits and identifying rationalization opportunities.
Leverage professional expertise with legal and business owners to review and modify contractual terms & conditions.
Oversight of supplier compliance with regulatory and reputational requirements throughout all stages of the sourcing process.
Conduct rfis/rfps, market research and identification, qualification and competitive analysis of required products, services, and financials.
Utilize source to pay and e-auction tools to leverage competition and drive cost reductions.
Identify, streamline and drive implementation of sourcing strategies for sourcing coe driven categories.
Work with supplier management teams to ensure alignment with source to pay strategies, goals, and objectives.
Regularly monitor, track and report on sourcing coe projects to ensure adherence to cycle-time performance metrics.
Create powerpoint/excel materials for review with senior and executive management teams, as required.
Support updating of all purchasing-related sops.
Perform other duties and/or special projects, as assigned.
Bachelor’s degree with a minimum 8 years of experience in financial services or insurance (i.e., supplier risk management, operations, customer service, collections)
Minimum of 2 years of experience within sourcing (including but not limited to category management, contract negotiations, supply chain management, supplier management, and/or logistics) with a proven track record for strong execution
For internal applicants: understand the criteria or mandatory skills required for the role, before applying.
Inform your manager or hrm before applying for any role on workday.
Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (word or pdf format)
Must not be any corrective action plan (first formal/final formal, pip)
Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.
8+ level employees can apply
Demonstrated project management skills
Must have proven strong facilitation skills and experience delivering presentations
Must have proven quantitative and analytical skill set
Experience providing outstanding oral and written communication skills at all levels of the organization
High enthusiasm and desire to work in fast paced, ever changing environment
Proven ability to manage complex initiatives across multiple teams/platforms
Ability to work independently and effectively manage multiple priorities with little supervision
Experience working with reporting and analytics systems (tableau, sas, or comparable software)
Experience working with source to pay systems (coupa, ariba, oracle, or comparable solution)
Strong pc proficiency (microsoft suite including: word, excel, powerpoint, and outlook) or comparable software application
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Posted 9 days ago