What are the responsibilities and job description for the Senior Strategic Sourcing Manager, IT position at MGM Resorts International?
The SHOW comes alive at MGM Resorts International.
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
This position offers a hybrid work schedule and is based in the Las Vegas, NV area.
THE JOB:
It is the responsibility of the Technology Sourcing Manager - to manage sourcing activities and projects for assigned categories as determined by Technology Sourcing leadership. Technology Sourcing categories include sourcing and contract activities for technology products and services in the following verticals: retail, gaming, general technology products, desktop, telecom, network,security/surveillance, consulting, staff augmentation, hotel, food & beverage, information security, human resources, global procurement, digital marketing, revenue management, entertainment, financial/analytics, media technology, and marketing for MGM Resorts International and subsidiary companies.
THE DAY TO DAY:
Manage and support technology sourcing efforts for assigned technology related products and services required by the company's technology departments, business departments, Centers of Excellence (COE's), and MGM Resorts International's various properties.
Develop and issue comprehensive, consolidated, global Requests for Proposal (RFP's), Request for Quotes (RFQ's), Request for Information (RFI's) and conduct RFx analysis to assist in determining award scenarios by collaborating with internal business teams, technology departments, and COE's as required.
Build relationships with stakeholders and Executive Leadership to facilitate contract and spend review process. Create and execute a negotiation strategy.
Perform total cost analysis of contracts, including comparison with previous cost or benchmarks if applicable and identification of costs or increases outside of industry standards.
Create and execute category strategy and plans, logical annual savings plans. Meet with, advise, and consistently update stakeholders to inform on contract status and align on negotiation strategy to reduce cost for assigned category.
Develop sourcing plans for assigned category and execute on it while managing multiple contracts at once and each step of the 7-step Sourcing process.
Work with IT compliance to ensure suppliers are compliant with gaming jurisdictions if required. Identify opportunities and make recommendations on strategic initiatives to management and develop technology supplier relationships and identify qualified diverse suppliers for bidding opportunities.
Lead, prepare and execute supplier negotiations; negotiate and properly redline performance driven supplier contracts for assigned projects; Expert knowledge of market data for assigned category, pricing terms, ability to redline contractual agreements (which includes, but not limited to: lease agreements, product and services agreements, amendments, addendums, SOW's, change orders, order forms, contract renewals, and maintenance agreements) and work with suppliers, internal business, teams, COE's, technology departments, Corporate Legal, Security and Risk to accomplish these tasks.
Partner with cross-functional internal teams, such as Finance and stakeholders to determine business success factors, expectations, and requirements to ensure appropriate Agreements are being negotiated based on the negotiation strategy created and shared by the Senior Sourcing Manager.
Provide financial and spend analysis with the ability to quickly identify trends and discrepancies in your assigned category.
Summarize contract status and overall contract details for executive level review, collaborate with internal business teams, COE's and technology departments to identify new suppliers as required while providing solutions to identified issues.
Collaborate with internal business departments, technology departments, and COE's to identify company-wide cost reduction opportunities, using techniques such as Total Cost of Ownership, supplier rationalization, demand management, make/buy and lease/buy analysis, where appropriate.
Drive business, legal, and risk signoff on all contractual documents and process documents to obtain authorized signatures from internal contracting entity and supplier; Ensure all executed contractual documents (i.e. Non-Disclosure Agreements, Statements of Work, Master Agreements, etc) are shared with appropriate parties and uploaded in the contract repository.
THE IDEAL CANDIDATE:
Bachelor degree or equivalent experience.
5 years of prior relevant experience of strategic sourcing experience with a focus on Technology sourcing.
Prior leadership experience to oversee projects effectively Tech Sourcing.
Understands business terms in a contract and can redline/negotiate properly.
Expert in the 7-step Sourcing process. Experience multi-tasking and handling multiple assignments at any given time.
Experience with Contract Lifecycle Management toolsets ("CLM"), project management.
Communicate effectively across different levels (Individual contributors to senior leaders).
THE PERKS & BENEFITS:
Experience the versatility of a hybrid work arrangement, where you can seamlessly work remotely from the cozy confines of your home.
Wellness incentive programs to help you stay healthy physically and mentally.
Enjoy exclusive access to discounts on company amenities including hotel stays, dining experiences, retail offerings, and entertainment.
Are you ready to JOIN THE SHOW? Apply today!
