The Strategic Sourcing Manager will collaborate with Product Development, Brand, and other internal departments as well as external manufacturing partners as it relates to sourcing of goods, materials, and services to ensure that the company operational needs are met, considering quality, service, and price to ensure continuity of supply for all GNC's products. This position may lead and coach teams who will work directly with our ingredient/component manufacturing partners to determine availability of new/improved ingredients to streamline new product development. The individual will also develop sourcing programs, at time specify suppliers and specific suppliers or commodities which actively support the strategic vision of GNC and is expected to actively contribute to the team to achieve those goals.
JOB RESPONSIBILITIES:
Develop strategic sourcing strategies for specific categories being purchased using focused industry analysis, criticality analysis, business knowledge, competitive analysis, and sourcing expertise
Lead team of category managers and sourcing analysts to develop short term and long-term category strategies and execute on cost savings plans as it pertains to the goals set forth by leadership.
Lead and coach internal business partners and team members on the sourcing process: gather requirements, market analysis, identifying sources, proposal evaluation, negotiations, contract creation, contract management, spend analysis, and long-term category planning.
Perform strategic sourcing work to manage risk and optimize the value/resilience of
materials/services sourcing
Build effective, strategic relationships with Supply Chain Management business partners and internal stakeholders, using personal influence skills to persuade others and gain support.
Align and collaborate with Business Executives of functional areas to understand business strategy and develop sourcing strategies to drive optimal value in the purchase of goods and services
Support Marketing and Retail Ops leadership in development of supply base and commodity strategies consistent with business initiatives
Establish supplier relationship management processes and continuous improvement goals/programs
Work with our finished product manufacturing partners and raw material suppliers to identify challenges associated with the development of new products as it pertains to new product concepts, new/existing packaging designs, raw material and component sourcing
Monitor market dynamics that impact materials/services availability and/or pricing
Work with clients across the business to analyze demand and assist in the specification of goods and services to be supplied
Provide product development support based on experience and knowledge of global material and component manufacturers.
Partner with internal clients to identify sourcing needs, develop buyer/market profiles, identify marketplace trends, and define acceptable service levels
Responsible for optimizing the supply chain to support Brand/Marketing concept and innovation development
Investigate and recommend new supplement/component manufacturers, manufacturing technologies and potential manufacturing partners with an emphasis on high quality, small MOQ's, short lead-times, and low cost
Provide regular communication to Business and Supply Chain leadership on project status, contract renewals, category performance, and various initiatives
Perform Additional duties as assigned by leadership.
SUPERVISORY RESPONSIBILITIES:
Responsible for supervising multiple projects.
Responsible for supervising a team of employees.
PHYSICAL ASPECTS/WORK ENVIRONMENT:
Regularly required to stand; walk; sit; use hands or fingers to handle, or feel; reach with hands and arms; stoop, kneel, crouch, or crawl; and talk or hear.
Regularly/Occasionally lift and/or move up to 50 pounds.
Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
The noise level in the work environment is usually low/moderate.
Qualifications
Bachelor's degree in business administration or an equivalent combination of education and experience sufficient to successfully perform the key accountabilities of the job required.
Advanced degree (MBA, Master's) preferred.
8+ years progressive in sourcing of dietary supplement (DS) raw materials, bulk supplements, and/or packaging components experience preferred.
5+ years in a leadership role (direct or indirect)
Prior managerial/supervisory experience preferred.
High degree of proficiency MS Office Suite, Outlook & Internet applications required.
Strong analytical, prioritizing, interpersonal, problem-solving, presentation, budgeting, project management (from conception to completion), & planning skills
Strong verbal and written communication skills (including analysis, interpretation, & reasoning)
Solid understanding and application of mathematical concepts
Ability to develop and maintain collaborative relationships with peers and colleagues across the organization, as well as, internal and external clients
Ability to work well autonomously and within a team in a fast-paced and deadline-oriented environment.
Ability to work with and influence peers and senior management
Self-motivated with critical attention to detail, deadlines and reporting
Additional Information
All your information will be kept confidential according to EEO guidelines.
GNC HoldingsLLC is an Equal Opportunity Employer
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