Procurement Manager - Global Store Development Details

Tiffany & Company - New York, NY

Employment Type : Full-Time

Overview:

The Manager will responsible for developing, executing, and managing category-specific strategic and tactical plans within the Global Store Development function. Categories of responsibility include, but are not limited to, Millwork, Store Front, FF&E, General Contracting, Architectural Services and Quantity Surveying. This includes responsibility for strategic sourcing, cost/price analysis, vendor management, vendor performance assessment and contract administration. The Manager is responsible for direct management of his/her team. The Manager may also be responsible for individually assigned product or professional services categories.

Core functions:

  • Use analytical expertise to deliver comprehensive total cost of ownership assisting the business in delivering measurable cost savings
  • Develop multi-year cost reduction and cost avoidance strategies
  • Initiate and structure RFI's and RFP's. Lead supplier negotiations. Develop negotiation strategies based on supplier proposals and spend analytics
  • Manage supplier selection process and provide data and recommendations to ensure informed business award
  • Develop and administer contractual agreements in collaboration with business and legal departments. Structure agreements to include all business requirements, statements of work and performance criteria

Identify continuous improvement initiatives. Monitor supply markets and assess opportunities resulting from new technology and product offerings. Keep abreast of business conditions, commodity price trends, currency movement and leading economic indicators that may affect category pricing.

Responsibilities:
  • Lead the planning and execution of strategic sourcing initiatives using a multi-step sourcing process for all product and professional service categories within the Global Store Development function. Coordinate closely with the Director, APAC procurement for sourcing within the region.
  • Develop category specification requirements and scopes of work that is consistent with business requirements and Global Procurement strategy
  • Understand and define business stakeholder needs, specifications and requirements. Work closely with the Design function. Own business stakeholder relationships; prepare and conduct executive level presentations. Develop and cultivate talent within the GSD procurement function. Mentor team members.
  • Utilize analytical expertise to deliver a comprehensive total cost of ownership strategy while assisting the business in delivering measurable cost savings. Develop multi-year cost reduction and cost avoidance strategies. Support the Senior Director in developing annual savings and productivity commitments to support the Companies Annual Operating Plan
  • Initiate and structure RFI's and RFP's. Lead/participate in the most strategic and visible supplier negotiations
  • Develop negotiation strategies based on supplier proposals and spend analytics. Act as the lead negotiator, as required, for major sourcing initiatives. Manage the supplier selection process and provide data and recommendations to ensure informed business awards
  • Develop and administer contractual agreements in collaboration with business and legal departments. Structure agreements to include all business requirements, statements of work and performance criteria
  • Identify continuous improvement initiatives. Monitor supply markets and assess opportunities resulting from new technology and product offerings. Keep abreast of business conditions, commodity price trends, currency movement and leading economic indicators that may affect category pricing
  • Provide oversite and coaching to team members. Develop governance over-site through the structuring of business reviews with Core and Strategic Suppliers including processes for measuring supplier performance
  • People engagement and leadership: Maintain and foster strong working relationships with internal stakeholders
  • Work closely with the Design and Standard team to ensure that all suppliers are adhering to company standards
  • Be a point of escalation in handling of vendor compliance, QA/QC matters for internal stakeholders and complaints with respect to procurement matters and agreed service level
Qualifications:
  • Bachelor’s Degree in Business, Finance, Economics, or Supply Management. Masters degree preferred
  • Excellent math and analytical skills
  • Minimum of 3 to 5 years of strong category and general procurement experience
  • Experience in one or more of the following categories: General Contracting, Architectural Services, Quantity Surveying, Millwork, StoreFront/Façade, FF&E.
  • Strong interpersonal and communication skills
  • Demonstrated ability to work with suppliers
  • Strong relationship management experience
  • Experience leading all stages of a structured strategic sourcing process for indirect spend categories across multiple spend areas
  • Knowledge of Contract Fundamentals
  • Experience with Procure to Pay Systems. Experience within Coupa desired
  • Strong analytical background. Proficient in Microsoft and knowledge of Procurement tools
  • Abilty to interact with all levels of Management

Posted on : 3 years ago