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Location:

Secaucus, New Jersey

Job Summary:

The Director of Strategic Procurement at The Children's Place is responsible for leading strategic sourcing initiatives, collaboratively developing and implementing strategies to optimize the company’s non-merchandise spend and supporting the company's on-going profit improvement efforts.

The Director leads a small Strategic Procurement team that is responsible for around $400M spend ranging from supply chain, marketing, IT, stores, and professional services.

• Provides leadership to influence and strategically source of all non-merchandise spend.

• Leads strategic sourcing efforts, develops talent, leverages technology, and drives new value.

• Develops pipeline of projects, builds relationships with key executives/ spend owners, leads sourcing team, and runs complex strategic sourcing projects.

• Is responsible for conducting spend analysis, analyzing supply markets, identifying sourcing value levers, executing competitive RFIs/RFPs and leading supplier negotiations.

Responsibilities:

Key Accountabilities:

+ Designs and develops a value initiative pipeline to optimize around $400M of non-merchandise spend to yield aggressive savings.

+ Prioritizes sourcing efforts, develops baseline spend, and manages sequential sourcing waves.

+ Works with business teams to sponsor initiatives, and agree on business goals and key requirements.

+ Builds strong relationships with business teams and key stakeholders, removes obstacles for sourcing teams, and works with Finance and business teams to ensure negotiated savings are realized.

+ Collaborates with the business to ensure clarity of specifications and requirements.

+ Leads strategic sourcing initiatives, following a 7-step spend management methodology. Ensures process excellence, and frames strategic issues and supply options.

+ Conducts successful supplier negotiations focused on total cost and ensures all business terms are clearly outlined in supplier agreements.

+ Develops implementation and transition plans and supports change management initiatives.

+ Manages complex sourcing and demand management initiatives.

+ Ensures teams understand supply markets and develop innovative supply solutions.

+ Develops strong supplier partnership and development programs. Conducts quarterly business reviews, measures performance through scorecards, and ensures new value is created year-over-year.

+ Ensures integrity of savings tracking and reporting efforts.

+ Hires, develops, and coaches Strategic Procurement team.

+ Establishes and creates department training and development programs.

+ Works with business teams to demonstrate strategic value of Strategic Procurement team, and ensures strong sponsorship and participation from cross-functional teams.

+ Develops, communicates, and actively manages Strategic Procurement goals and strategies with internal stakeholders and suppliers.

+ Ensures integrity of work done, following vision, mission, and values.

Education and Experience:

+ Proven ability to develop and lead complex strategic sourcing strategies and initiatives.

+ Proven ability to lead high-performance teams and build strong and lasting partnerships.

+ Strategic and innovative thinker who can develop and implement new business models and keep pace with changing marketplace.

+ Strong team player, with the innate ability to build and maintain strong cross-functional relationships.

+ Proven ability to attract, lead, and develop people.

+ Track record of managing complex sourcing and demand management efforts.

+ Effective negotiator with strong business acumen and project management skills.

+ Excellent communication (both verbal and written), and facilitation skills.

+ Deep knowledge of financial accounting, strategic sourcing, and supplier management concepts.

+ Excellent analytical, problem-solving, and project management skills.

+ Ability to develop relationships with key Business Partners

+ Experience sourcing a variety of categories, including the following:

+ Marketing (digital media, agency, production, and creative)

+ IT (Hardware, Software, Software-As-Service, E-Commerce, Cloud Services)

+ Supply Chain (Small Parcel, Ocean /Air/ Ground freight, Fulfillment, etc.)

+ Real Estate, Facilities, and Store Operations

+ Professional Services/HR/Finance

+ Knowledge of Supplier Management tools (SRM, Quarterly Business Reviews, etc.).

+ Proficient in MS Office Suite Excel, Power BI, Power Point, etc.

+ Technology-savvy to leverage eProcurement, eSourcing, Project Management, and Spend Analytics tools, including but not limited to: SAP, Per Angusta, Market Dojo, and SpendData.

+ Ability to perform in a fast-paced, goal-oriented, and time-sensitive environment

+ Ability to lead and influence change in the face of complexity and ambiguity.

+ Retail / CPG experience preferred.

Minimum Educational Level:

+ Bachelor's degree in supply chain, business administration, logistics, finance, engineering, or related discipline

+ MBA or Master's degree a plus

+ CPM, CIRM or CPIM certification a plus

Minimum Experience:

+ Ten plus years of professional experience in Strategic Sourcing, operations or general management consulting, logistics or supply chain.

+ Experience in a dynamic organization with experience and exposure in advanced sourcing strategies.

Hourly/Salary

$115,000.00 - $225,000.00 Salary

o Benefits include: Bonus eligible (depending on role), Paid Time Off, Employee Discount, 401(k) and company match, Wellness Reimbursement, Adoption Assistance, free backup care (for kids, pets & the elderly), choice of health insurance plans, company-paid life/AD&D, short and long term disability, a variety of voluntary benefits and an employee assistance program. Benefit offerings are subject to change and vary by role/level for each position. Respective waiting periods may apply to certain benefit offerings.

The Children's Place is an Equal Opportunity Employer committed to a diverse and inclusive work environment.