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Signet Jewelers · 2 weeks ago

Sourcing Associate

Akron, OH

Full-time

Onsite

Entry Level

$50K/yr - $58K/yr

1+ years exp

Signet Jewelers is the world's largest retailer of diamond jewelry. The Procurement Sourcing Associate is responsible for implementing sourcing strategies across indirect spend categories, particularly in Digital and Technology, managing sourcing projects, and ensuring best practices are followed to support a top-tier Procurement function.

E-Commerce PlatformsJewelryRetail

Hiring Manager

Vicki Allen

Responsibilities

In collaboration with stakeholder business teams and guidance of Sr. Manager, prepare and issue RFPs. Review RFP Responses and Short List Suppliers. Negotiate with Suppliers, lead commercial aspects of Contract review and coordinate with Legal and other departments as needed. Route contracts for execution

Ensure application of appropriate practices throughout sourcing projects to maintain a competitive environment, delivering timely RFPs to assist in the delivery of savings

Represent Signet with external supplier community on sourcing events

Explore options for continuous improvement that drive cost savings as well as process improvements

Strong analytical skills to calculate current category spend and analyze incoming proposals against the baseline to determine savings based on different award scenarios

Work through ambiguity and deliver optimal solutions, delivering results for complex and/or non-routine sourcing projects or processes

Project Management skills to lead projects to ensure the sourcing event meets its deadline, achieves maximum savings and minimizes risks

Willingness to respond quickly and meet compressed deadlines in a dynamic, fast-paced work environment while ensuring critical milestones and deliverables are completed on schedule across multiple, moderate to high complexity sourcing projects simultaneously

Work independently and be self-motivated to keep projects moving forward and overcome roadblocks and recognizing when and how to escalate challenges

Advise and partner with business leaders to drive savings and improve business compliance

In collaboration with Sr. Manager, stakeholder business teams and Finance, continuously looks for new savings opportunities, process improvements, and supplier compliance in existing contracts (e.g. receiving rebates, pricing, terms, SLAs, etc.)

Effectively manage key supplier relationships, including supporting benchmarking and ongoing performance measurement activities as needed. Analyze market space to identify potential suppliers for sourcing efforts, including support of Signet’s Supplier Diversity goals. Administration of procurement technology toolsets

Performs additional duties and projects as assigned

Consistent regular scheduled attendance is considered an essential function of this job

Qualification

Strategic sourcingAnalytical skillsNegotiation skillsProject managementE-Procurement technologiesMicrosoft ExcelMicrosoft PowerPointSupplier relationship managementFinancial acumenSupplier diversity knowledgeCommunication skillsTime managementProblem-solving skillsOrganizational skillsPresentation skillsRelationship building

Required

Bachelor's degree in Business, Supply Chain, Finance, or related field

Ability to think strategically and align goals with department and corporate strategy

Analytical, decision-making, and problem-solving skills and abilities

Effective relationship building, communication (both verbal and written), and presentation skills

Strong time management and organizational skills

Negotiation skills with the ability to partner cross-functionally

Experience leveraging multiple Sourcing tactics/strategies, including leading RFx processes, auctions, sole/single source negotiation, and ZBX analysis

Familiarity and experience with 7-Step Sourcing process

Familiarity with Digital and Technology categories (software, hardware, telecom, services) and suppliers

1+ years of strategic sourcing experience

Familiarity with e-Procurement technologies (e.g. Ariba, GEP, Oracle, Coupa), including contracts management, eSourcing (including auction formats) and spend analytics

Advanced experience using Microsoft tools particularly Excel and PowerPoint in support of sourcing activities

Strong data analytics capabilities and financial acumen