Manager, Strategic Sourcing

October 18 2024
Industries Retail
Categories Merchandise Management, Purchasing,
Toronto, ON • Full time

Holt Renfrew offers you an inspiring, fashion-driven environment with opportunities to learn and grow. From our incredible partnerships with iconic luxury brands, to our commitments to corporate social responsibility, you will be inspired every day.

A job at Holt Renfrew offers a competitive total compensation, a generous employee discount, pension, and health & dental benefits, tuition assistance, and continuous learning and development.

The Manager, Strategic Sourcing (Indirect) will be responsible for delivering strong results that support the company's strategies and will provide significant value to the business units. This position will work cross-functionally with other individuals across Holt Renfrew to drive close collaboration, manage vendor relationships and their performance, and pursue value-creation opportunities. In executing these responsibilities, the Indirect Sourcing Manager will help Holt Renfrew develop and meet strategic goals related to growth, cost savings, quality of service and risk management. .

Strategic Sourcing

  • Partner with stakeholders to source products and services using proven tools, processes, and analytics to drive and achieve business results in the following capabilities
  • Partner with internal business clients to develop and influence sourcing strategy using the best tools and methodology by project.
  • Oversee the sourcing events with 3rd party partners ensuring a transparent and objective process.
  • Evaluate analyses of sourcing results from a total cost of ownership perspective, and provide optimization recommendations.
  • Lead cross-functional team to negotiate value based agreements with vendor partners.
  • Optimize processes and contracting strategies.
  • Contract Management (ability to create and manage contracts, partner with legal and internal business teams, reduce exposure to risk factors).
  • Own vendor negotiations during sourcing events to help the organization meet savings targets and other KPI's
  • Experience leading procurement/sourcing decisions and owning/facilitating strategic sourcing process (e.g., defining service-level agreements/scope of work, launching RFPs, negotiating with vendors)
  • Educate lines of business around strategic sourcing process and initiatives
  • Ensure appropriate sourcing strategies are in place for effective and timely execution of initiatives
  • Establish Sourcing strategies for an assigned portfolio in conjunction with the business
  • Evaluate supplier performance in conjunction with the business

The Ideal Candidate

  • Post-secondary degree in a related field
  • 5-7 years of post-university work experience in category-specific procurement to include sourcing, negotiation and contracting, preferably in a retail environment
  • Knowledge of the drivers of operational performance and costs, including SLAs, performance management practices, and the value of risk within contracts.
  • Excellent communication skills and ability to build meaningful team relationships to drive results
  • Leadership presence and proven ability to influence Executives and VPs
  • Is adaptable and comfortable with ambiguity and change
  • Proficiency in analytical methods and deriving insights from data.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
  • Demonstrated top performance in prior role(s) with increasing levels of responsibility
  • Experience in program development, competitive bid process, vendor selection and vendor risk assessment
  • Hands-on experience in leading strategic sourcing initiatives
  • Hands-on experience in managing projects, contracts and vendors
  • Ensure compliance with privacy policies, regulations, and cyber security measures.

The Measures Of Success

  • Contribution to financial objectives
  • Individual objectives linked to the achievement of department goals
  • Feedback from internal and external clients
  • Adaptive to fast paced, constantly changing environments
  • A desire to grow professionally as the role's responsibility grows rapidly with the business
  • Deep subject matter expertise in the area of procurement, including in-depth knowledge of industry structure, economic drivers, supplier solvency and competitive situations
  • Excellent communicator with strong persuasion and influencing skills
  • Excellent relationship building, interpersonal, and influence skills
  • Robust analytical and critical thinking skills
  • Specific expertise in designated indirect spend categories, as applicable
  • Demonstrating strong working knowledge of Microsoft Office (Excel, Word, Outlook, etc.) software
  • Experience with SAP or other ERP systems

#LI - MD1 #LI - Hybrid

Holt Renfrew is an equal opportunity employer committed to fostering a diverse and inclusive workplace. Our future success depends on the perspectives and contributions of all our employees -- their diverse backgrounds, abilities and experiences make our business stronger. If you are contacted for a job opportunity and require accommodation, please email careers@holtrenfrew.com and let us know so we can ensure you have an accessible candidate experience throughout the recruitment process. All requests are confidential and used only to meet candidate needs.

Apply now!

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