Strategic Procurement Manager jobs in Elizabeth, NJ

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Strategic Procurement Sourcing Manager, Vice President
  • Sumitomo Mitsui Banking Corporation (SMBC)
  • Jersey, NJ FULL_TIME
  • SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

    In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

    The anticipated salary range for this role is between $118,000.00and $165,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

    Role Description

    ThisStrategic Sourcing Manager is responsible for leading and executing on category and supplier spend management strategies for third party supplier spend, executing sourcing projects (competitive bids, single-source negotiations, etc.), and contracting. This position is for the professional services category--- strong business acumen in advisory, management consulting and business-process outsourcing required.

    Role Objectives: Delivery

    Lead & complete the following activities for material sourcing events, as appropriate:
    * Work with internal stakeholders to define requirements
    * Identify qualified suppliers
    * Design and execute the competitive process
    * Evaluate competitive offerings from suppliers and develop and present sourcing options that meet SMBCs business requirements
    * Conduct commercial term negotiations
    * Implement and govern buying channels
    * Partner and collaborate with:
    * Regional sourcing colleagues
    * Internal stakeholders
    * Internal Procurement Operations, Third Party Risk and Contract Management
    * In-house Legal, Risk and Finance teams
    * Maintain compliance with all policy and procedural guidelines
    * Identify new opportunities that address or anticipate client needs
    Priorities
    Ability to effectively challenge the status quo and "build an alliance" to deliver change. Proactive engagement with clients to identify and develop value added opportunities and comprehensive sourcing strategies.

    Qualifications and Skills

    What we are looking for...
    * Bachelor's Degree required with experience in the financial services industry
    * 5 or more years of professional services category/strategic sourcing experience
    Preferred Qualifications...
    * Collaborator and leadership skills
    * Ability to adapt and thrive in an evolving environment
    * Strong business acumen.
    * Strong issue resolution, negotiation, and project management skills.
    * Strong people skills.
    * Ability to engage with all management levels
    Initiative-taking /self-starter with ability to work independently.
    * Experience with PowerPoint and Excel pivot tables.
    * High level of comfort working with technology.
    * Ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
    * Experience and proven ability to drive change with management direction by influencing others at all levels within the organization.
    * Ability to communicate effectively with internal sourcing and client stakeholders
    * Cost Modeling: ability to understand value streams, cost drivers and how to break down cost structures to derive a TCO
    * Experience in drafting and redlining contracts. Strong knowledge of the key aspects of the RFI/RFP/RFQ and the sourcing process


    This hybrid role will have a defined work location that includes work from home and assigned office days as set by the manager.

    Additional Requirements

    D&I Commitment

    Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.

    SMBC's employees participate in a hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process.


    We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

     

  • 1 Day Ago

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Strategic Procurement Specialist
  • Mai Placement
  • Newark, NJ FULL_TIME
  • Strategic Procurement Specialist Newark, NJ (In-Person) 150-200k  Seeking a seasoned Strategic Procurement Specialist. In this crucial role, effective communication and negotiation skills take center...
  • 28 Days Ago

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Regional Procurement Category Manager
  • Givaudan
  • East Hanover, NJ FULL_TIME
  • Step into our world of creativity and joy! Regional Procurement Category Manager Join us and celebrate the beauty of human experience. Create for happier, healthier lives, with love for nature. Togeth...
  • 23 Days Ago

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Manager, Procurement Systems & Support
  • NJ Transit
  • Newark, NJ FULL_TIME
  • Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers ...
  • 2 Days Ago

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Manager, TPM Procurement
  • Wella Company
  • Morris, NJ FULL_TIME
  • Function: Procurement Location: Morris Plains, NJ, US Work Arrangement: Hybrid Position Title: North America Third-Party Manufacturing (TPM) Procurement Manager Location: Us, NJ Morris Plain with Hybr...
  • 3 Days Ago

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Procurement Sourcing Manager, Associate
  • Sumitomo Mitsui Banking Corporation (SMBC)
  • Jersey, NJ FULL_TIME
  • SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, cr...
  • 9 Days Ago

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0 Strategic Procurement Manager jobs found in Elizabeth, NJ area

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Global Procurement Manager
  • The Judge Group
  • Elizabeth, NJ
  • Our client is currently seeking a Global Procurement Manager for their manufacturing facility in the New York/ New Jerse...
  • 3/28/2024 12:00:00 AM

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Procurement Manager
  • Becton, Dickinson & Co. (BD)
  • Franklin Lakes, NJ
  • Procurement Manager - Becton, Dickinson & Co. (BD) - Franklin Lakes, NJ Becton, Dickinson & Co. (BD) seeks a Procurement...
  • 3/28/2024 12:00:00 AM

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Global Procurement Manager
  • The Judge Group
  • Purchase, NY
  • Our client is currently seeking a Global Procurement Manager for their manufacturing facility in the New York/ New Jerse...
  • 3/28/2024 12:00:00 AM

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Global Procurement Manager
  • The Judge Group
  • Edison, NJ
  • Our client is currently seeking a Global Procurement Manager for their manufacturing facility in the New York/ New Jerse...
  • 3/28/2024 12:00:00 AM

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CONTRACT & PROCUREMENT MANAGER
  • City of New York
  • New York, NY
  • Job Description ***OPEN TO CURRENT PERMANENT PROCUREMENT ANALYSTS, THOSE WHO ARE REACHABLE ON THE CIVIL SERVICE LIST, EX...
  • 3/28/2024 12:00:00 AM

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Strategic Sourcing Manager
  • Interpublic Group
  • New York, NY
  • Position Summary: * The Strategic Sourcing Manager is responsible for supporting the development and execution of sourci...
  • 3/27/2024 12:00:00 AM

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Associate Sourcing Manager
  • Veolia
  • Paramus, NJ
  • Job Details Company Description About Veolia North America A subsidiary of Veolia Group, Veolia North America (VNA) offe...
  • 3/25/2024 12:00:00 AM

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Energy Procurement Manager
  • Transparent Energy
  • Fairfield, NJ
  • Compensation Type: Salary (commensurate with experience) + Bonus + Benefits Location: Fairfield, NJ (Hybrid) COMPANY OVE...
  • 3/24/2024 12:00:00 AM

Elizabeth is both the largest city and the county seat of Union County, in New Jersey, United States.[21] As of the 2010 United States Census, the city had a total population of 124,969, retaining its ranking as New Jersey's fourth most populous city, behind Paterson. [22] The population increased by 4,401 (3.7%) from the 120,568 counted in the 2000 Census, which had in turn increased by 10,566 (+9.6%) from the 110,002 counted in the 1990 Census.[23] For 2017, the Census Bureau's Population Estimates Program calculated a population of 130,215, an increase of 4.2% from the 2010 enumeration, ran...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Strategic Procurement Manager jobs
$90,078 to $112,281
Elizabeth, New Jersey area prices
were up 1.6% from a year ago

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