Mgr Contract Strategic Sourcing

J  o  b    D  e  s  c  r  i  p  t  i  o  n

Job Profile Title:

Mgr Contract Strategic Sourcing

Job Code:

12505

Business_Title

Strategic Sourcing Contract Manager

Profile Title:

12505 Mgr Contract Strategic Sourcing

Grade / Band:

L1

FLSA Status:

Exempt

The Strategic Sourcing Manager will manage sourcing activities and projects to support verticals as determined by the Strategic Sourcing Director or Executive Director. The Manager will have Vertical Areas of expertise including Technology Sourcing, Food and Beverage Sourcing, Hospitality Sourcing, Facilities Sourcing, Gaming and all things Professional Services. The candidate will assist in ensuring acquisition of goods and services at the best possible value with the highest quality deliverables.

Manage and support sourcing efforts for assigned projects, related products and services, in addition to purchases required by the company’s business departments, Centers of Excellence (COE’s), and MGM Resorts International’s various properties.

Support the development 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, legal, and COE’s as required.

Build relationships with stakeholders and Executive Leadership to facilitate contract and spend review process. Support the creation and execution of a negotiation strategy.

Support the total cost analysis of contracts, including comparison with previous cost or benchmarks if applicable and identification of costs or increases outside of industry standards.

Support the creation and execution of 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.

Support Senior Manager in 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 compliance to ensure suppliers are compliant with gaming jurisdictions if required.

Support the Senior Manager in preparing for supplier negotiations.

Support the gathering 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, addendum's, SOW’s, change orders, order forms, contract renewals, and maintenance agreements) and work with Senior Managers and Directors,  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.

Support 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.

Performs other job-related duties as requested

Proof of eligibility to work in the United States

Associate's Degree

or equivalent

Required

Bachelor's Degree

Preferred

2+ Years of Prior Relevant Experience

Required

5+ Years of Prior Relevant Experience

in Strategic Sourcing with previous consulting experience

Preferred

Has excellent Verbal and writing skills.

Required

Fully understands how to analyze each proposed offering from Suppliers.

Required

Experience multi-tasking and handling multiple assignments at any given time.

Required

Computer skills in MS Word, Excel, PowerPoint and Oracle/Coupa required.

Required

Prior experience in Strategic Sourcing.

Preferred

Experience building a category plan to identify savings.

Preferred

Experience creating a negotiation plan.

Preferred

Experience in presenting.

Preferred

Previous experience working in Hospitality, a plus with experience in change management.

Preferred

Experience with project management.

Preferred

Understands business terms in the contract lifecycle with the ability to redline/negotiate properly.

Preferred

Must have the knowledge and skills to negotiate, prepare, redline/blackline, process and write contracts, conduct bidding/RFP efforts.

Perform various financial analyses where required. (e.g., analyzing historical data, RFP analysis, etc.).

Use RFx tools, strategic sourcing tools, SRM (Supplier Relationship Management) systems, and contract management tools efficiently and effectively, where appropriate.

Keep constantly apprised of economic or business situations as they affect Procurement policy.

Project Management and Organizational skills to function effectively under time constraints, within established deadlines and attention to detail.

Effective listening abilities with strong judgment skills and maintains professional demeanor at all times.

Maintain physical stamina and proper mental attitude and ability to deal effectively with guests, suppliers, management, employees, and outside contacts while working under pressure and meeting deadlines.

Ability to lead and present to cross-functional teams, gain consensus and achieve company & department goals.

Able to make appropriate decisions for the position and work independently.

Able to create, read and evaluate reports and generate correspondence and statistical reports.

Excellent customer service skills.

Interpersonal skills to effectively communicate with all business contacts.

Ability to effectively communicate in English, in both oral and written forms.

Maintain a professional, neat and well-groomed appearance, adhering to MGM Resorts standards.

Ability to help Leadership create efficiencies within the Sourcing Team.

Ability to work on multiple projects simultaneously and track where each project is at all times.

Balancing

X

Bending

X

Carrying __pounds

X

Clear speech - simple

X

Clear speech - complex

X

Climbing

X

Distant vision

X

Driving

X

Flexibility - upper body

X

Flexibility - lower body

X

Hearing/Listening

X

Kneeling

X

Lifting __pounds

X

Near vision

X

Normal vision

X

Pushing/Pulling

X

Reaching

X

Sitting

X

Standing - 5 hours minimum

X

Typing __w.p.m.

X

Walking

X

Communication - verbal

X

Communication - written

X

Confined area

X

Contacts - works alone

X

Contacts - works around others

X

Contacts - works with others

X

Exposure to dust / dirt

X

Exposure to fumes / odors

X

Extreme cold

X

Extreme heat

X

Fast pace

X

Hazardous conditions - chemicals

X

Hazardous conditions - high structures

X

Hazardous conditions - high voltage

X

Indoors

X

Noise levels - low to moderate

X

Noise levels - high

X

Office conditions

X

Outdoors

X

Restricted area

X

Shifts

X

Smoke

X

__% Travel

X

Wet/Humid

X

Analytical

X

Clerical

X

Comprehension

X

Crisis incidents

X

Customer service

X

Decision making

X

High pressure

X

Judgment

X

Long hours

X

Math skills - advance

X

Math skills - basic

X

Organization

X

Reading - simple

X

Reading - complex

X

Repetition

X

Tight deadlines

X

Writing - simple

X

Writing - complex

X