Head of Strategic Sourcing Salary in Addison, Alabama

Defines and implements the organization's overall sourcing strategy and leads operations that build value-driven vendor partnerships focusing on risk management, reliability, and cost-effectiveness. Implements structured negotiation processes that facilitate supplier negotiations and contracting. Establishes internal stakeholder coordination to define material, quality, and service requirements and standards. Develops vendor partnerships, sets KPI's and goals, and uses scorecards to measure and evaluate vendor performance. Explores and obtains new sources, methods, and vendors to ensure a reliable supply of materials. Studies market intelligence and conducts frequent market analysis and benchmarking to anticipate price fluctuations. Deploys ERP systems and other software tools to manage processes, create efficiencies, and control costs. Requires a bachelor's degree. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2023 Salary.com)