Category Management & Strategic Sourcing Senior Manager

Are you a strategic thinker with a passion for driving business growth through effective category management and strategic sourcing practices? Do you thrive in a fast-paced and dynamic environment where you can make a significant impact? Cigna is seeking a highly skilled and experienced Category Management & Strategic Sourcing Senior Manager to join our team. In this role, you will have the opportunity to lead and develop strategies that optimize our procurement processes and drive value for our organization. If you have a proven track record of success in category management, strategic sourcing, and leadership, we want to hear from you!

1. Develop and implement strategic sourcing plans that align with overall business objectives and drive business growth.
2. Lead and manage a team of category managers to ensure effective execution of category strategies and achievement of targets.
3. Analyze market trends and industry developments to identify opportunities for cost savings and process improvements.
4. Collaborate with cross-functional teams to understand business needs and develop category-specific strategies.
5. Conduct supplier evaluations and negotiations to secure favorable terms and pricing.
6. Monitor and track supplier performance to ensure compliance with contract terms and service level agreements.
7. Identify and implement best practices in category management and strategic sourcing.
8. Drive continuous improvement initiatives to streamline procurement processes and increase efficiency.
9. Stay updated on industry best practices and trends in category management and strategic sourcing to inform decision-making.
10. Communicate and present category management strategies and results to senior leadership and stakeholders.
11. Develop and manage relationships with key suppliers to foster partnerships and drive value for the organization.
12. Mentor and develop team members to enhance their skills and capabilities in category management and strategic sourcing.
13. Collaborate with other departments, such as finance and legal, to ensure alignment and compliance with company policies and procedures.
14. Monitor and manage category budget and expenses to ensure cost-effectiveness and alignment with overall financial goals.
15. Represent Cigna in industry events and networking opportunities to stay abreast of market developments and build relationships with potential suppliers.

According to JobzMall, the average salary range for a Category Management & Strategic Sourcing Senior Manager is between $110,000 - $150,000 per year. However, this can vary depending on factors such as experience, location, and industry. Higher levels of experience and expertise may command a higher salary, as well as working in industries with higher demand for this role. Additionally, factors such as bonuses and benefits may also impact the overall salary range for this position.

Cigna Corp. provides medical, dental, disability, life and accident insurance and related products and services to businesses, governmental and non-governmental organizations and individuals. It operates through following segments: Global Health Care; Global Supplemental Benefits; Group Disability and Life; Other Operations; and Corporate.