Senior Strategic Sourcing Manager

Welcome to Mars Incorporated, a global leader in the consumer goods industry. We are currently seeking a talented and experienced Senior Strategic Sourcing Manager to join our team at our headquarters in McLean, Virginia. As a Senior Strategic Sourcing Manager, you will play a critical role in driving the sourcing strategy for our company, ensuring the highest quality and most cost-effective materials and services for our products. We are looking for a passionate and driven individual with a strong background in strategic sourcing and procurement, who is ready to take on new challenges and make an impact on our business. If you are a strategic thinker with exceptional leadership skills, we encourage you to apply for this exciting opportunity.

1. Develop and implement a comprehensive sourcing strategy for the company, taking into account global market trends, supplier capabilities, and cost optimization.
2. Conduct regular market analysis and supplier evaluations to identify potential new suppliers and negotiate favorable contracts.
3. Collaborate with cross-functional teams to understand product and business needs and develop appropriate sourcing strategies to support them.
4. Lead the sourcing process from request for proposals to contract negotiations, ensuring timely and efficient execution.
5. Monitor and manage supplier performance, including quality, delivery, and cost, and implement necessary corrective actions when needed.
6. Develop and maintain strong relationships with key suppliers, promoting open communication and collaboration to drive continuous improvement.
7. Identify and drive cost-saving opportunities through negotiation, supplier consolidation, and other strategic initiatives.
8. Stay updated on industry trends, market conditions, and best practices in strategic sourcing and procurement, and proactively suggest improvements to current processes.
9. Build and manage a high-performing sourcing team, providing guidance, coaching, and training to ensure their professional growth and development.
10. Communicate regularly with senior management and other key stakeholders about the status of sourcing initiatives, risks, and opportunities.
11. Ensure compliance with company policies, procedures, and ethical standards in all sourcing activities.
12. Participate in contract and supplier audits, providing necessary documentation and information as needed.
13. Collaborate with finance and accounting teams to develop and manage sourcing budgets, forecasts, and cost savings tracking.
14. Represent the company in supplier meetings, conferences, and other industry events, promoting the company's brand and values.

According to JobzMall, the average salary range for a Senior Strategic Sourcing Manager in Chicago, IL, USA is between $110,000 to $165,000 per year. This salary range can vary depending on factors such as company size, industry, experience, and individual performance. Additionally, bonuses and other forms of compensation may also be included in the total compensation package for this role.

Mars Incorporated is an American global manufacturer of confectionery, pet food, and other food products and a provider of animal care services. Mars operates in five business segments around the world: Mars Wrigley Confectionary (headquartered in Chicago, Illinois, with US headquarters in Hackettstown and Newark, New Jersey), Petcare (Zaventem, Belgium; Poncitlán and Jalisco, Mexico; Querétaro, Mexico), Food (Rancho Dominguez, California), Drinks (West Chester, Pennsylvania), and Symbioscience (Germantown, Maryland), the company's life sciences division.