Strategic Sourcing Sr Mgr

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

Job Profile Title:

Strategic Sourcing Sr Mgr

Job Code:

19492-3

Profile Title:

19492-3 Strategic Sourcing Sr Mgr

Grade / Band:

IC4

FLSA Status:

Exempt

It is the responsibility of the Technology Sourcing Senior 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. All duties are to be performed in accordance with departmental and MGM Resorts International policies, practices and procedures.

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.

Performs other job-related duties as requested

Proof of eligibility to work in the United States

Bachelor degree or equivalent experience and 5+ years of prior relevant experience

Prior leadership experience in Tech Sourcing

Preferred

Masters degree in business, or seven (7) plus years Tech Sourcing Experience, with previous consulting experience

Preferred

Significant experience building a category plan to identify savings

Preferred

Significant experience creating a negotiation plan

Preferred

Significant experience in presenting to Executive Leadership

Preferred

Has excellent writing skills and can summarize to Executives effectively

Preferred

Fully understands the technology category and how to properly analyze each proposed offering from Suppliers

Preferred

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

Preferred

Experience with Contract Lifecycle Management toolsets (“CLM”), project management

Preferred

Understands business terms in a contract and can redline/negotiate properly

Preferred

Experience in facilitating and processing contractual documentation through its lifecycle

Preferred

Expert in the 7-step Sourcing process Experience multi-tasking and handling multiple assignments at any given time

Preferred

CPM, CTPE or CPSM (or other professional certification) preferred

Preferred

Computer skills in MS Word, Excel, PowerPoint and Stratton Warren required (MS Access and Visio helpful).

Working knowledge of financial and purchasing systems preferred.

Must have the ability to work on several projects simultaneously.

Must have the knowledge and skills to negotiate, prepare, redline/blackline, process and write Technology contracts, conduct bidding/RFP efforts, and general knowledge of Technology software, hardware, and services.

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.

Maintains knowledge of market and delivery conditions for needed materials, supplies, equipment, and services.

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

Crawling

X

Crouching

X

Distant vision

X

Driving - auto/van

X

Driving - limousine

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

Stooping

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

Vibration

X

Wet/Humid

X

Analytical

X

Clerical

X

Comprehension

X

Crisis incidents

X

Customer service

X

Decision making

X

Fatigue

X

High pressure

X

Judgment

X

Long hours

X

Math skills - advance

X

Math skills - basic

X

Memorization

X

Organization

X

Perception

X

Reading - simple

X

Reading - complex

X

Repetition

X

Safety hazards

X

Tight deadlines

X

Working conditions

X

Writing - simple

X

Writing - complex

X