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Family Dollar · 7 hours ago

Director of Procurement & Sourcing-Family Dollar

Chesapeake, VA

Full-time

Onsite

Director/Executive

10+ years exp

Family Dollar is seeking a Director of Procurement & Sourcing to lead a team of procurement professionals in sourcing, negotiation, and contract development for not-for-sale goods and services. The role involves setting strategic goals, managing supplier relationships, and achieving cost reduction targets while ensuring compliance and optimizing sourcing processes.

Retail

Responsibilities

Responsible for development and implementation of sourcing/bid processes for assigned areas of responsibility to achieve superior financial and quality results for internal clients

Review and approve bid specifications and selection criteria for competitive bidding

Understand internal cost structure and performance metrics to conduct category spend analyses and develop total cost of ownership models to support purchasing objectives, inclusive of RFP’s and e-procurement strategies

Lead strategic sourcing teams through a holistic and systematic sourcing process for complex strategic initiatives; develop and review effective project plans and negotiation strategies; evaluate supplier business proposals; provide recommendations for business strategy awards; negotiate complex agreements

Develop and present negotiation strategies and deal summaries

Assists in development and direction of procurement programs to provide direction to procurement team in order to maximize sales and profits

Conducts in-depth competitive market trend analysis to keep current on new vendors, lines, and categories, new technologies, strategies, and market trends, in conjunction with services and technology spend

Interpret and draft contract language

Structure and negotiate terms and conditions that meet business and legal requirements

Negotiate, prepare and execute accurate and timely industry best contracts

Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies; work collaboratively with team members to prioritize and drive implementation

Achieve cost reduction targets established during the strategic planning process

Report savings and performance metrics; take necessary actions to maintain compliance

Develop relationships within the organization to ensure that all sourcing opportunities are rationalized for optimal savings

Staff, instruct, develop, and motivate a high-performing team responsible for interfacing with business owners and supplier partners

Qualification

Contract negotiationStrategic sourcingSupplier managementData analysisESourcingLeadershipCommunicationOrganizational skills

Required

10+ years of experience in purchasing, contract negotiation, and competitive price analysis and/or other relative operational experience

Demonstrated ability to formulate and lead strategic initiatives

Demonstrated ability to lead and manage organizational and process changes to achieve business goals

BA/BS or equivalent experience

Strong organizational and planning skills

Proven ability to build relationship/partnerships with business partners and vendors

Ability to utilize strong, effective written and verbal communication across all lines of business

Exceptional leadership skills and the ability to develop, retain and nurture talent

Solid experience in research and data analysis

Experience in implementing and operating business-to-business e-commerce solutions, including operational knowledge of eSourcing

Company

Family Dollar

Glassdoor2.9

When it comes to getting value for everyday items for the entire family in an easy to shop, neighborhood location, Family Dollar is the best place to go.

Founded in 1959

Charlotte, North Carolina, USA

10001+ employees