Job Description
The Sr Category Management Analyst will be accountable for all sourcing and vendor governance activities for the assigned category(ies). Will work to reduce organizational cost of ownership by leveraging sourcing strategies, tools and processes while mitigating risk through effective vendor governance. Partners with third party vendors, assigned business owners and the Corporate Services Vendor Contracting team in the preparation, analysis, and negotiation of vendor contracts. The position also assists Business Owners from all functional areas in the selection of vendors including documentation of vendor obligations consistent with business requirements.Establish sourcing strategies for an assigned category(ies) in conjunction with internal stakeholders and their associated business strategy.
Conduct sourcing events, including development of project work plan, category profile, category strategy, minimum requirements and evaluation criteria, solicitation
Develop and implement assorted bid documents and requests (i.e. RFP, RFI, RFQ); and manage status reporting and performance metrics of sourcing and category management activities.
Understand, analyze and forecast complex market and industry dynamics and share subject matter expertise and industry knowledge within the established portfolio of products and services.
Partner with stakeholders to source products and services using proven tools, processes, and analytics to drive and achieve business results.
Evaluate analyses of sourcing results from a total cost of ownership perspective and provide optimization recommendations
Participate in cross-functional teams responsible for complex vendor negotiations, including those that require specialized subject matter expertise, nonstandard risk mitigation solutions, and coordination of multiple arrangements.
Review and lead supplier relationship management and performance within an assigned category
Proactively establish and foster successful, positive working relationships with vendor personnel. Drive vendor engagement through formal and informal transactions.
Engage stakeholders to implement and execute vendor relationship management plan.
Coordinate and host vendor business reviews
Develop, track and manage yearly vendor plans for assigned vendors within the assigned category(ies) and ensure vendor compliance.
Coordinate vendor risk assessments and develop plans to track and address significant risks.
Serve as an escalation point for the business in resolving vendor performance issues. issue resolution.
Manage contracts and collaborate effectively with Corporate Compliance, Legal, Audit and Risk Management and other internal stakeholders for compliance activities to ensure regulatory conditions are met.
Research, analyze and provide data driven recommendations regarding compliance or audit level issue resolution and remediation.
Facilitate and monitor vendor implementation of relevant corrective action plans.
Develop new procedures, training, initiatives, specifications and recommendations for process or policy changes and improvements, as appropriate.
Hiring Requirements
Bachelor's degree or advanced degree (where required)
5+ years of experience in related field
In lieu of degree, 7+ years of experience in related field
Preferred Skills
Familiarity with all types of contract agreements to provide an array of Professional services to Corporate Human Resources, Legal, and Marketing.
Excellent Written and verbal Communication,
Issue Spotting
Salary Range
$75,900.00 - $136,600.00
BEHIVE
SINAI
Michael page
Nestlé Health Science
NTT DATA