7-Eleven is an iconic family of brands with over 86,000 locations, surpassing every retailer in the world. We revolutionize convenience, restaurants and fuel through cutting edge innovation — working hard to be the customer's first choice. 7-Eleven empowers our employees to "activate awesome" and make a meaningful impact in their stores and communities every day. If you're ready to grow, lead and make a difference, come join our team and help shape the future of convenience.
JOB SUMMARY
As the Associate Sourcing Manager, you will be responsible for activities associated with Marketing, Corporate Services, and other indirect spend categories. This includes requirements gathering, creating and issuing Requests for Proposal (RFP), proposal evaluation, contract negotiations, contract drafting and administration with the goal to improve spend and quality performance and minimize risk. This role supports the Sourcing Manager and ensures compliance with 7-Eleven sourcing policies and processes. As an Associate Sourcing Manager, you will partner with business stakeholders and suppliers to execute procurement/sourcing activities while building collaborative relationships to deliver improved cost and service levels.
KEY DUTIES AND RESPONSIBILITES
- Execute 7-Eleven sourcing processes which include data/spend analysis, strategic planning and market research, scoping, bidding, contract negotiations and execution, compliance, and supplier management activities for assigned categories.
- Build and maintain collaborative relationships with cross functional stakeholders to develop and execute sourcing processes that support business goals
- Build and execute various RFx/sourcing events, performing bid analysis and providing feedback to stakeholders and collaborate on negotiation strategies.
- Manage suppliers/contractors based on specifications and contractual requirements to ensure effective execution, implementation and prompt resolution of any issues that may arise.
- Negotiate contracts and contract renewals with suppliers to source/procure products or services needed for categories to optimize spend, reduce risk, achieve favorable terms and drive towards optimized total-cost-of-ownership.
- Support onboarding of new suppliers and product setups, ensuring compliance and efficient integration through supplier and new item set-up processes. Troubleshoot and resolve operational and supply chain challenges to ensure timely product availability, consistency and performance.
- As needed support forecasting and demand planning with suppliers and stakeholders to support day to day business as needed.
- Identify/interview potential suppliers and evaluate supplier capabilities to determine if supplier is qualified to produce and/or supply products or services. Perform market research in applicable areas.
- Ability to support legal in key contract negotiations such as pricing, performance measures, and breach of contract remedies and termination options.
- Participate in cross-functional discussions with stakeholders. Provide clear and concise progress updates.
- Demonstrate ability to build and analyze financial models to evaluate proposal scenarios and present recommendations in a clear and concise format.
KEY LEADERSHIP COMPETENCIES
- Ability to work well with both business stakeholders and suppliers, in a fast-paced, self-directed environment.
- Understand leaders’ intent and strategic goals and how to translate that into actions that needs to be taken
- Ability to provide suggestions and collaborate with team and stakeholders to solve problems by assessing the situation, leveraging and analyzing relevant data, identifying root cause and developing potential solutions.
- Adapt to change, ability to quickly learn details of new business challenges and identify dependencies and impacts of other key initiatives.
EDUCATION AND EXPERIENCE
EDUCATION: Bachelor’s degree (or equivalent experience) strongly preferred.
YEARS OF RELEVANT WORK EXPERIENCE: Minimum of 3+ years required
SPECIFIC KNOWLEDGE AND SKILLS
- Demonstrate ability to build and analyze financial models to evaluate proposal scenarios and present recommendations in a clear and concise format.
- Strong organizational skills, understanding of legal aspects, negotiating skills, purchasing terminology, cost analysis, and legal compliance regulations
- Understanding of professional services contracts, agency compensation models, media buying agreements, and/or other marketing contracts
- A clear understanding or drive to learn Marketing, Corporate Services, and other indirect spend categories.
- Proficient with MS Office suite – including MS Excel, Outlook, and Powerpoint.
- Verbal and written communication skills that can clearly communicate with various internal stakeholders, team members and suppliers
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If an hourly or salary range is included in this ad it represents the range 7-Eleven in good faith believes is the range of compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in this state. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, long-term incentive compensation, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
For a general description of all benefits 7-Eleven is offering in the US for the position, please visit this link.
For a general description of all benefits 7-Eleven is offering in Canada for the position, please visit this link.