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Assurant logo
Assurant

Helping people thrive in a connected world.

Principal Sourcing Manager

ProcurementProcurementFull TimeRemoteLeadTeam 10,001+Since 1892H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

33 days ago

Salary

$103.8K - $173.3K / year

Seniority

Lead

Bachelor Degree8 yrs expEnglish

Job Description

Principal Sourcing Manager

Assurant

• Support and execute the strategic sourcing goals of assigned categories and establishing key metrics and reporting to ensure that those goals are achieved • Responsible for negotiating best possible cost service guarantee and develop 'win-win' strategies that achieve sustainable relationships with suppliers for assigned category(s) • Evaluate supplier core competencies and competitive positioning using industry cost models • Implement supplier agreements/contracts working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions • Research and anticipate shifts in the negotiating power of suppliers within assigned categories • Research and leverage industry trends and evolving technology to proactively identify issues to minimize risk, protect continuity of services, and utilize emerging opportunities • Manage vendor selection for assigned category(s) and build ongoing vendor relationships • Maintain and develop supplier relationships (trade shows, supplier meetings, conferences, etc.) • Work jointly with Director/AVP/VP in establishing short-term and long-range planning and budget development of the company to support strategic business goals • Execute vendor governance program with key suppliers including metrics, performance goals and improvement initiatives • Adhere to Sourcing policies and standard processes while ensuring compliance within the department • Seek to continuously improve productivity and efficiency of processes throughout the Sourcing organization

Job Requirements

  • Bachelor’s degree required
  • 8+ years’ experience in both the Sourcing and Procurement industry
  • At least 5 years’ experience managing complex and large category and contract management for outsourcing services and procurement commodity purchases
  • Minimum of 3 years' experience in leading complex, high value strategic initiatives within Sourcing and Procurement
  • Proven strong leadership of teams experience in both Sourcing and Procurement
  • Global (domestic and international) Leadership experience
  • Cross functional experience at the interfaces of IT/technology/operations/finance/sales/marketing/legal/HR/Real estate & facilities, and the lines of business
  • Deep experience successfully addressing escalations/disputes between cross-functional stakeholders and suppliers
  • Commitment to supplier diversity
  • Firm knowledge of the legal terminology and language related to third-party agreements and contracts
  • Advanced skills and working knowledge of MS Office and MS Excel

Benefits

  • Health insurance
  • 401(k) matching
  • Flexible work hours
  • Paid time off
  • Professional development opportunities

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