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Sourcing Manager
Upbound Group
Upbound Group, Inc. (NASDAQ: UPBD) is a technology and data-driven leader in accessible and inclusive financial solutions that address the evolving needs and aspirations of underserved customers. The Company’s customer-facing operating units include industry-leading brands such as Acima, Brigit, and Rent-A-Center that facilitate consumer transactions across a wide range of store-based and digital channels, including over 2,300 company branded retail units across the United States, Mexico, and Puerto Rico.
Upbound Group, Inc. is headquartered in Plano, Texas.
Sourcing Manager - (On-site, Plano, TX)
Job Purpose: The Sourcing/Category Manager (Sourcing Principal) will be responsible for developing, executing, and managing the sourcing strategy and tactical plans for Indirect spend categories (for non-merchandise spend). Categories managed by this position are those identified as strategic, business critical, and/or having significant leverage opportunity. Indirect Categories include Information Technology (IT), Marketing, Business Services, Human Resources (HR), and Supply Chain.
Key Responsibilities:
- Develop, execute, and track category strategy and policies for one or more non-merchandise category leveraging the identified value levers
- Collaborate with the business to define category needs and specifications
- Manage and direct the strategic sourcing efforts (sourcing calendar)
- Complete the collection, analysis, and reporting of category spend and savings data monthly
- Conduct the development of sourcing strategies, industry and supplier research, bidding, supplier selection, and contract negotiations
- Perform value analysis and total cost of ownership analytical activities
- Coordinate strategic sourcing activities with stakeholders for sourced categories, including preparing category sourcing results and sourcing step details and summaries
- Provide Stakeholders’ department with spend savings analysis across categories for forecasting and budgeting purposes
- Prepare periodic stakeholder activities alignment and category planning materials
- Coordinate with Stakeholder and Legal department on contract negotiations
- Report on contracting activity
Job Requirements:
- Bachelor's Degree
- 6-8 years of strategic sourcing experience
- Ideally leading the IT Category (support all Digital Technology supplier agreements, stakeholder management and supplier relationship management).
- Familiar with the multistep Sourcing process
- Has led sourcing engagements, building and executing a category strategy and leading mid-level negotiations.
- Comfortable with complex data analysis
- Procurement and strategic sourcing knowledge, specifically with multiple retail, non-merchandise specific category sourcing expertise
- Understanding of cost savings approaches
- Established strategic sourcing skills, including documentation and communication of strategy
- Networking and team skills
- Strategically oriented
- Strong negotiation and conflict resolution skills
- Excellent communication, interpersonal and analytical skills
- Proficient in Excel, PowerPoint and other MS Office tools.
- Able to work in-office (Plano, TX) Monday through Friday.
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