Senior Procurement Relationship Manager

Welcome to U.S. Bank Corp, a leading financial institution committed to providing top-notch services to our clients. We are currently seeking a highly experienced and driven Senior Procurement Relationship Manager to join our team and oversee the strategic relationships with our suppliers. As a Senior Procurement Relationship Manager, you will play a crucial role in ensuring the procurement function runs smoothly by building and maintaining strong partnerships with our vendors. If you are a proactive and detail-oriented individual with excellent negotiation skills and a passion for fostering successful relationships, we want to hear from you! Read on to learn more about this exciting opportunity and the qualifications we are looking for.

1. Develop and maintain strong relationships with suppliers to ensure the best value and service for U.S. Bank Corp.
2. Oversee all aspects of the procurement process and ensure compliance with company policies and procedures.
3. Negotiate and manage contracts with suppliers to ensure favorable terms and conditions.
4. Analyze supplier performance and identify areas for improvement to drive cost savings and efficiency.
5. Collaborate with cross-functional teams to understand business needs and develop strategic sourcing plans.
6. Conduct market analysis and research to identify potential new suppliers and evaluate their offerings.
7. Monitor supplier performance and provide regular updates to senior management.
8. Lead supplier meetings and negotiations to drive cost savings and improve overall supplier relationships.
9. Establish and maintain procurement metrics to measure supplier performance and identify areas for improvement.
10. Develop and implement strategies to mitigate risk and ensure continuity of supply.
11. Train and mentor junior procurement team members to ensure a high level of performance.
12. Stay abreast of industry trends and best practices to continuously improve procurement processes and relationships.
13. Communicate effectively with internal stakeholders to ensure alignment on procurement goals and objectives.
14. Ensure compliance with all regulatory and legal requirements related to procurement.
15. Collaborate with finance and accounting teams to track and report on procurement expenses and budget.

According to JobzMall, the average salary range for a Senior Procurement Relationship Manager in Minneapolis, MN, USA is between $100,000 to $150,000 per year. This can vary depending on the specific company, experience level, and other factors such as bonuses and benefits.

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States.