Strategic Sourcing Manager

With a career at The Home Depot, you can be yourself and also be part of something bigger.

Position Purpose:

The Manager of Sourcing will be responsible for developing, executing, and managing sourcing initiatives (lead RFP events, conduct cost optimization projects, and identify cost savings initiatives) across various International, Domestic and Final Mile Transportation modes and in-direct store merchandising categories. 

Competencies:

• High level of strategic and analytical thinking, project management and organizational skills.
• Strong communication skills, both oral and written.
• Ability to define vendor strategy at category level, establish vendor relationship guidelines and expectations. Make decision whether to maintain, exit or source new vendors.
• Ability to perform spend analysis and develop a sourcing roadmap focused on cost savings, risk reduction, process improvement, and new that opportunities
• Provide insights and recommendations based on analysis, research, industry trends, benchmarking, and best practices.
• Ability to prioritize and execute work with urgency to support business-critical timelines and deliverables.
• Ability to operate in ambiguous environments which require independent thinking; leveraging market intelligence, benchmarking, and best practices to guide decisions.
• Excellent Excel and PowerPoint skills, including the ability to analyze complex data and provide useful, clear information and recommendations.

Key Responsibilities:

• 25% Negotiate for products and services within the assigned product category ensuring the lowest possible price.
• 25% Develop and execute strategic sourcing plans to assigned categories. Work cross functionally to improve and streamline processes.
• Initiate quality vendor relationships to support new and ongoing product and services sourcing needs.
• 5% Evaluate vendor relationships and terminate if necessary.
• 20% Work with stores and functional areas to best determine products and services to be sourced. Manage the vendor and resolve issues regarding product quality, delivery, etc.
• 5% Work with purchasing operations to ensure orderly transition from initial deal to ongoing purchasing of products and services. Ensure accuracy and delivery of orders so that clients for the product group are able to complete projects and meet the Company's needs.
• 10% Source qualified vendors to Sourcing who can meet purchase needs in terms of product quality, quantity, and delivery date.
• 10% Identify and qualify vendors to provide product and services to Home Depot. Conduct research to assess vendor capabilities and product information as they relate to company needs.

Direct Manager/Direct Reports:

• Typically reports to a sr manager position
• Typically requires working collaboratively across multiple functions
• Typically requires highly developed interpersonal skills for dealing with sensitive or controversial situations.
• Typically faces situations that are unstructured and require original approaches.
• Typically considers new approaches within general policies and short-term goals when solving problems.
• Typically expected to provide infrequent status reports to management only as appropriate.

Travel Requirements:

• Typically requires overnight travel less than 10% of the time.

Physical Requirements:

• Most of the time is spent sitting or standing in the same location or there may be a need to stoop regularly or move/lift light material or equipment (typically less than 8 pounds).

Working Conditions:

• Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.

Minimum Qualifications:

• Must be eighteen years of age or older.
• Must be legally permitted to work in the United States.

Preferred Qualifications:

• Strong problem-solving and critical thinking skills
• Experience in process implementation and required internal controls
• Ability to translate complex data into actionable insights
• Strong understanding of strategic sourcing process
• Experience with financial analysiseducation categories
• Experience working with large datasets and sourcing tools
• Experience sourcing Transportation and Supply Chain categories

Minimum Education:

• The knowledge, skills and abilities typically acquired through the completion of a high school diploma and/or GED.

Preferred Education:

• No additional education categories

Minimum Years of Work Experience:

• 5

Preferred Years of Work Experience:

• No additional years of experience

Minimum Leadership Experience:

• None

Preferred Leadership Experience:

• None

Certifications:

• None

Competencies:

• Negotiation Skills - able to negotiate in adversarial situations to arrive at the best deal in terms of cost and quality to meet sourcing needs.
• Product Knowledge - a thorough understanding of the product category to which he/she is assigned.
• Strong presentation and communication skills.