Strategic Sourcing Manager III

Company: INSPYR Solutions
Location: Los Angeles
Posted on: February 3, 2025

Job Description:

Title: Strategic Sourcing Manager III

All potential candidates should read through the following details of this job with care before making an application.
Location: Los Angeles, CA (Hybrid)
Duration: Contract to Hire
Compensation: $65.00-$75.00/hour
Work Requirements: US Citizen, GC Holders or Authorized to Work in the U.S.

If interested, please contact Margot Parsons at mparsons@inspyrsolutions.com or call 714-465-5478

Summary: Strategic Sourcing Manager will be responsible for leading complex negotiations and drafting contracts for commodities and services to be purchased by the bank.
Interface with executive level management and make recommendations.
Proactively identifies and recommends category sourcing options and partners with stakeholders to implement them.
Determine and recommend alternate supply strategies to create cost savings and/or supply support solutions.
Analyze business plans, spend data, supplier and market data, to determine optimal sourcing strategies across businesses and assigned suppliers and/or commodities.
Contributes to the achievement of defined category performance targets and participates in or leads competitive RFPs as necessary.
Determine and recommend alternate supply strategies to create cost savings and/or supply support solutions.
Train and mentor other Enterprise Procurement team members.
---Lead negotiations and contract drafting for commodity/service to be purchased by the bank.
Work with Legal, compliance, finance, the business and other department to minimize risk and obtain the favorable terms for the bank
Proactively identifies and recommends category sourcing options and partners with stakeholders to implement them
Determine and recommend alternate supply strategies to create cost savings and/or supply support solutions
Analyze business plans, spend data, supplier and market data, to determine optimal sourcing strategies across businesses and assigned suppliers and/or commodities
Contributes to the achievement of defined category performance targets and participates in or leads competitive RFPs as necessary
Determine and recommend alternate supply strategies to create cost savings and/or supply support solutions
Research and stay current on industry practices for product and services within the assigned category(s)
Lead RFx activity
Builds and fosters relationships and effectively partners across varied functions with internal stakeholders, external suppliers, and colleagues to influence change


Required: Minimum 3-5 years Procurement experience required
Minimum 2 years of experience working for a bank, financial services company or indirect Procurement Organization required
Lead Mid to High Level Complex Negotiation / Transactions / Procurement Projects
Knowledgeable of the Strategic Sourcing process, drafting of contracts, financial reviews and procurement practices

Keywords: INSPYR Solutions, Chino Hills , Strategic Sourcing Manager III, Executive , Los Angeles, California