Sourcing Manager
5 days ago
From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection. We are known for developing extraordinary leaders who share this passion and are guided by their service to others.
This position contributes to Starbucks success by effectively developing and leading complex sourcing strategies, effectively managing suppliers and internal networks to deliver best in class performance for the relevant spend area. Consistently delivers measurable and strategic goals to enable bottom-line and top-line company growth, and corporate social responsibility leadership. Collaborates effectively internally and with suppliers. Develops effective negotiation strategies to enable success. Manages annual spend of $50-200 million depending on market complexity. May mentor or manage other procurement professionals. Models and acts in accordance with Starbucks guiding principles.
**Summary of Key Responsibilities**
**Shaping the Business**
- **Strategy**: Develops, owns, and executes sourcing strategies that enable bottom-line and top-line company growth, through the incorporation of data-driven insights, stakeholder needs, and business objectives. Strategies shall address corporate social responsibility as it pertains to supplier diversity, ethical sourcing, and sustainability, where applicable.
- **Project Management**: Effectively manages multiple competing projects and deadlines. Independently solves problems and make decisions to ensure successful execution of the project. Provides oversight, guidance, and drives completion of project plans. Documents post-mortems when necessary.
- **Business Case Development**: Obtains alignment for ideas by creating detailed and workable proposals, considering strategic, commercial, economic, financial, and organizational impacts.
**Drive Value**
- **Value Stewardship**: Consistently build a value pipeline and execute plans by leveraging relationships with stakeholders and suppliers to identify and drive value. Knowledge of category and supplier spend, as well as the key cost drivers of the product/service. Evaluate market trends and key cost drivers to identify, implement and track cost savings. Leverage the value analysis insights and incorporate them into strategies for implementation. Value is defined as cost savings, supplier diversity, ethical sourcing, innovation, and margin protection.
- **Supplier Management & Collaboration**: Management of core and routine suppliers. Cultivate partnerships with new and existing suppliers through the lens of Starbucks values, generating trust and transparency, in order to maximize mutual value and reduce risk. Professionally lead supplier meetings which demonstrate supplier growth and improvement and coach suppliers on understanding our business better.
- **Supplier Enabled Innovation Management**: Enables connection between supplier's capabilities and internal business needs.
**Protect Supply and Reduce Risk**
- **Contracting**: Working knowledge of legal terms and contracting best practices to own and partner on contracting, including preplanning, developing term sheet, and negotiating to maintain gold standard and avoiding exception-based contracting. Develop negotiation skills and style to reach a win-win deal. Works with suppliers and stakeholders to develop contracts in line with business and legal requirements and ensure both parties deliver on contractual obligations, including awareness of relevant deliverables, costs, risks, and other commitments.
- **Risk Management**: Protects the organization by identifying, assessing, and mitigating supplier and supply chain risk. Take action to mitigate, reduce, and eliminate risk related to ethical sourcing, capacity, supplier financial, margin, and other identified risks.
We’d love to hear from people with:
- 5 + years’ experience of sourcing management within the food services or retail industry.
- **Foundational Knowledge**: Working knowledge of procurement processes such as sourcing strategies, supplier relationship management, risk management, and key legal terms. Proficient knowledge of procurement processes such as RFXs, market analysis, ‘should-cost’ models, and standard legal protections (i.e. confidentiality agreements)
- **Problem Solving and Business Acumen**: Proactively identifies and addresses problems constructively and takes action to resolve. Strong acumen for coping with different business situations in a professional manner via obtaining essential information, focus on key objectives, recognize options available for solving problems, selecting the right approach to overcome obstacles, and set plans in motion to achieve execution.
- **Teamwork**: Effectively influences across peer groups and management level on complex strategy and demonstrates leadership.
- **Project Management**: Effective employment of project management tools and techniques. Ab
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