Albertsons Companies · 5 hours ago
Strategic Sourcing Manager
Albertsons Companies is seeking a Strategic Sourcing Manager to lead and innovate in sourcing initiatives that significantly impact the business. The role involves managing high-complexity categories, ensuring supply continuity, and developing effective sourcing strategies while also focusing on financial analysis and supplier management.
Responsibilities
Lead sourcing initiatives for high-complexity categories with annual spend exceeding $150M, utilizing standardized processes established by the Strategic Sourcing Department
Provide thought leadership and subject matter expertise to support Own Brands business priorities through effective sourcing strategies
Serve as the primary point of contact for stakeholders and suppliers across assigned categories and projects
Partner closely with cross-functional stakeholders to implement sourcing strategies that ensure supply continuity while optimizing cost and quality
Lead sourcing efforts for Own Brands innovation and new item development across multiple categories
Identify and execute cost savings initiatives that enhance quality, service, innovation, and overall value
Conduct industry analysis to identify trends and inform sourcing strategies
Deliver accurate financial reporting of cost savings to leadership
Ensure compliance with SOX policies and procedures established by the Sourcing Department
Develop, negotiate, and execute contract terms; collaborate with Legal Counsel to secure approval on legal provisions
Analyze complex bid submissions and conduct advanced financial scenario modeling to support award recommendations for sourcing leadership and business units
Summarize financial outcomes and present sourcing recommendations to senior management and business units
Manage cost increase processes, including data analysis, supplier negotiations, and stakeholder communication
Mitigate financial risk through proactive inventory management and supplier collaboration
Conduct supply assurance initiatives, including onboarding secondary suppliers to enhance category service levels
Lead supplier transitions, ensuring accurate documentation, supplier setup, and liability management
Manage supplier relationships, resolving issues related to pricing, supply assurance, and ongoing projects
Motivate and guide the sourcing team in applying strategic sourcing tools and processes to achieve goals
Train and mentor Sourcing Analysts to build expertise in industry dynamics, negotiation strategies, contract management, and financial modeling
Develop deep product knowledge and understanding of category roles and business strategies within the team
Qualification
Required
Bachelor's degree in Business or Supply Chain Management
6-8 years' experience in strategic sourcing or related field
6+ years of negotiating contracts, managing strategic supplier relationships and buying experience, preferably in Food & Beverage industries
Strong ability to negotiate internally and externally to achieve required objectives and execute and implement contracts
Strong meeting management and facilitation skills
Good understanding of manufacturing, distribution and logistics
Exceptional complex analytical and problem-solving skills
Good knowledge of sourcing systems and preferable e-sourcing technology
Advanced computer skills including Excel, PowerPoint, and Microsoft BI
Ability to understand and work with multiple enterprise-wide systems
Working knowledge of contract law, government policies and regulations for the food and drug industry
Benefits
Associate discounts
Health and financial well-being benefits for eligible associates (Medical, Dental, 401k and more!)
Time off (vacation, holidays, sick pay). For eligibility requirements please visit myACI Benefits
Leaders invested in your training, career growth and development
An inclusive work environment with talented colleagues who reflect the communities we serve
Company
Albertsons Companies
Albertsons Companies is a food and drug retailer that helped in the areas of hunger relief, education, cancer research, and treatment.
Funding
Current Stage
Public CompanyTotal Funding
$3.25BKey Investors
Apollo
2025-10-21Post Ipo Debt· $1.5B
2022-10-14Acquired
2020-06-25IPO
Leadership Team
Recent News
2026-01-16
Retail Insight Network
2026-01-09
2026-01-08
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